GBP/AUD - 1H - Technical analysis published on 11/10/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Slightly bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 1.8039 AUD
My targets
1.8155 AUD (+0.0023)
1.8197 AUD (+0.0065)
My analysis
The basic trend is currently slightly bullish on GBP/AUD and the short term does not seem to show any sign of improvement. Buyers are struggling to get their hands on this instrument. However, as long as the price remains above 1.8039 AUD, purchases could be favourable. The first bullish objective would be the resistance located at 1.8155 AUD. Then the price could move towards 1.8197 AUD. Then 1.8328 AUD by extension. A return under the support to 1.8039 AUD could jeopardize this fragile bullish trend. Indecision would then be total and in this case you could keep away.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.4
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This analysis was given by TheFuss. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
GBP/AUD rating 1.8132 AUD. The price has increased by +0.23% since the last closing and was traded between 1.8072 AUD and 1.8149 AUD over the period. The price is currently at +0.33% from its lowest and -0.09% from its highest.1.8072
1.8149
1.8132
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Technical
A technical analysis in 1H of this GBP/AUD chart shows a slightly bullish trend. 60.71% of the signals given by moving averages are bullish. The overall trend remains fragile, as do the slightly bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 13 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.7694 | 1.7937 | 1.8039 | 1.8132 | 1.8155 | 1.8197 | 1.8328 |
| Change (%) | -2.42% | -1.08% | -0.51% | - | +0.13% | +0.36% | +1.08% |
| Change | -0.0438 | -0.0195 | -0.0093 | - | +0.0023 | +0.0065 | +0.0196 |
| Level | Major | Minor | Intermediate | - | Major | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.7786 | 1.7862 | 1.7976 | 1.8052 | 1.8166 | 1.8242 | 1.8356 |
| Camarilla | 1.8039 | 1.8056 | 1.8074 | 1.8091 | 1.8108 | 1.8126 | 1.8143 |
| Woodie | 1.7806 | 1.7872 | 1.7996 | 1.8062 | 1.8186 | 1.8252 | 1.8376 |
| Fibonacci | 1.7862 | 1.7934 | 1.7979 | 1.8052 | 1.8124 | 1.8169 | 1.8242 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.5593 | 1.6544 | 1.7087 | 1.8038 | 1.8581 | 1.9532 | 2.0075 |
| Camarilla | 1.7220 | 1.7357 | 1.7494 | 1.7631 | 1.7768 | 1.7905 | 1.8042 |
| Woodie | 1.5390 | 1.6442 | 1.6884 | 1.7936 | 1.8378 | 1.9430 | 1.9872 |
| Fibonacci | 1.6544 | 1.7114 | 1.7467 | 1.8038 | 1.8608 | 1.8961 | 1.9532 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.7067 | 1.7280 | 1.8101 | 1.8314 | 1.9135 | 1.9348 | 2.0169 |
| Camarilla | 1.8637 | 1.8731 | 1.8826 | 1.8921 | 1.9016 | 1.9111 | 1.9205 |
| Woodie | 1.7370 | 1.7432 | 1.8404 | 1.8466 | 1.9438 | 1.9500 | 2.0472 |
| Fibonacci | 1.7280 | 1.7675 | 1.7919 | 1.8314 | 1.8709 | 1.8953 | 1.9348 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 59.29 | |
| MACD (12,26,9): | 0.0015 | |
| Directional Movement: | 5.2867 | |
| AROON (14): | 100.0000 | |
| DEMA (21): | 1.8106 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.8072 | |
| Elder Ray (13): | 0.0019 | |
| Super Trend (3,10): | 1.8167 | |
| Zig ZAG (10): | 1.8132 | |
| VORTEX (21): | 1.1368 | |
| Stochastique (14,3,5): | 80.98 | |
| TEMA (21): | 1.8120 | |
| Williams %R (14): | -12.24 | |
| Chande Momentum Oscillator (20): | 0.0059 | |
| Repulse (5,40,3): | 0.2915 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0051 | |
| Courbe Coppock: | 0.77 |
| MA7: | 1.8150 | |
| MA20: | 1.8273 | |
| MA50: | 1.8084 | |
| MA100: | 1.8104 | |
| MAexp7: | 1.8119 | |
| MAexp20: | 1.8098 | |
| MAexp50: | 1.8092 | |
| MAexp100: | 1.8118 | |
| Price / MA7: | -0.10% | |
| Price / MA20: | -0.77% | |
| Price / MA50: | +0.27% | |
| Price / MA100: | +0.15% | |
| Price / MAexp7: | +0.07% | |
| Price / MAexp20: | +0.19% | |
| Price / MAexp50: | +0.22% | |
| Price / MAexp100: | +0.08% |
Quotes :
2020-11-10 09:19:11
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Real time data
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Forex
News
The latest news and videos published on GBP/AUD at the time of the analysis were as follows:
-
GBPAUD Clears 1.8500 Level
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Pound Pairs Breaking Critical Levels From GBP/USD to GBP/AUD (Quick Take Video)
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Volatility In Commodities GBP/AUD
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Risk on pressures GBPAUD
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Potential short-term upside for GBP/USD, GBP/AUD a longer-term play on sterling weakness
This member declared not having a position on this financial instrument or a related financial instrument.
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