GBP/AUD - 1H - Technical analysis published on 11/20/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 1.8155 AUD
My targets
1.8242 AUD (+0.0025)
1.8267 AUD (+0.0050)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on GBP/AUD as long as the price remains well above 1.8155 AUD. The buyers” bullish objective is set at 1.8242 AUD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.8267 AUD. If there is any crossing, the next objective would be the resistance located at 1.8389 AUD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
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
7.5
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GBP/AUD rating is 1.8217 AUD. On the day, this instrument lost -0.06% and was between 1.8191 AUD and 1.8228 AUD. This implies that the price is at +0.14% from its lowest and at -0.06% from its highest.1.8191
1.8228
1.8217
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this GBP/AUD chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : 1 hour
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.8070 | 1.8121 | 1.8155 | 1.8217 | 1.8220 | 1.8242 | 1.8267 |
| Change (%) | -0.81% | -0.53% | -0.34% | - | +0.02% | +0.14% | +0.27% |
| Change | -0.0147 | -0.0096 | -0.0062 | - | +0.0003 | +0.0025 | +0.0050 |
| Level | Intermediate | Minor | Major | - | Intermediate | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.8049 | 1.8090 | 1.8159 | 1.8200 | 1.8269 | 1.8310 | 1.8379 |
| Camarilla | 1.8197 | 1.8207 | 1.8217 | 1.8227 | 1.8237 | 1.8247 | 1.8257 |
| Woodie | 1.8062 | 1.8097 | 1.8172 | 1.8207 | 1.8282 | 1.8317 | 1.8392 |
| Fibonacci | 1.8090 | 1.8132 | 1.8158 | 1.8200 | 1.8242 | 1.8268 | 1.8310 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.7643 | 1.7790 | 1.7973 | 1.8120 | 1.8303 | 1.8450 | 1.8633 |
| Camarilla | 1.8065 | 1.8096 | 1.8126 | 1.8156 | 1.8186 | 1.8217 | 1.8247 |
| Woodie | 1.7661 | 1.7799 | 1.7991 | 1.8129 | 1.8321 | 1.8459 | 1.8651 |
| Fibonacci | 1.7790 | 1.7916 | 1.7994 | 1.8120 | 1.8246 | 1.8324 | 1.8450 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.7319 | 1.7583 | 1.7999 | 1.8263 | 1.8679 | 1.8943 | 1.9359 |
| Camarilla | 1.8227 | 1.8289 | 1.8352 | 1.8414 | 1.8476 | 1.8539 | 1.8601 |
| Woodie | 1.7394 | 1.7621 | 1.8074 | 1.8301 | 1.8754 | 1.8981 | 1.9434 |
| Fibonacci | 1.7583 | 1.7843 | 1.8004 | 1.8263 | 1.8523 | 1.8684 | 1.8943 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 60.60 | |
| MACD (12,26,9): | 0.0009 | |
| Directional Movement: | 7.5191 | |
| AROON (14): | 21.4286 | |
| DEMA (21): | 1.8212 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.8238 | |
| Elder Ray (13): | 0.0006 | |
| Super Trend (3,10): | 1.8140 | |
| Zig ZAG (10): | 1.8225 | |
| VORTEX (21): | 1.0344 | |
| Stochastique (14,3,5): | 57.63 | |
| TEMA (21): | 1.8212 | |
| Williams %R (14): | -15.25 | |
| Chande Momentum Oscillator (20): | 0.0046 | |
| Repulse (5,40,3): | 0.1678 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0077 | |
| Courbe Coppock: | 0.12 |
| MA7: | 1.8160 | |
| MA20: | 1.8209 | |
| MA50: | 1.8112 | |
| MA100: | 1.8113 | |
| MAexp7: | 1.8206 | |
| MAexp20: | 1.8199 | |
| MAexp50: | 1.8181 | |
| MAexp100: | 1.8161 | |
| Price / MA7: | +0.31% | |
| Price / MA20: | +0.04% | |
| Price / MA50: | +0.58% | |
| Price / MA100: | +0.57% | |
| Price / MAexp7: | +0.06% | |
| Price / MAexp20: | +0.10% | |
| Price / MAexp50: | +0.20% | |
| Price / MAexp100: | +0.31% |
Quotes :
2020-11-20 07:48:00
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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
-
Pound Pairs Breaking Critical Levels From GBP/USD to GBP/AUD (Quick Take Video)
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Volatility In Commodities GBP/AUD
-
Risk on pressures GBPAUD
-
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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