GBP/AUD - 1H - Technical analysis published on 12/15/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Neutral
Technical indicators
50%
17%
33%
My opinion
Bullish above 1.7694 AUD
My targets
1.7766 AUD (+0.0040)
1.7864 AUD (+0.0138)
My analysis
The strong short-term increase of GBP/AUD should quickly allow the basic trend to become bullish. As long as the price remains above the support located at 1.7694 AUD, a purchase could be considered. The first bullish objective is located at 1.7766 AUD. The bullish momentum would be boosted by a break in this resistance. Buyers could then target the resistance located at 1.7864 AUD. If there is any crossing, the next objective would be the resistance at 1.8028 AUD. Caution, if there is a return under 1.7694 AUD, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
2.9
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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
GBP/AUD rating 1.7726 AUD. The price registered an increase of +0.23% on the session with the lowest point at 1.7673 AUD and the highest point at 1.7758 AUD. The deviation from the price is +0.30% for the low point and -0.18% for the high point.1.7673
1.7758
1.7726
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
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
Technical analysis of this 1H chart of GBP/AUD indicates that the overall trend is not clearly defined. The trend could quickly turn bullish due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : 1 hour
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.6689 | 1.7426 | 1.7694 | 1.7726 | 1.7766 | 1.7864 | 1.8028 |
| Change (%) | -5.85% | -1.69% | -0.18% | - | +0.23% | +0.78% | +1.70% |
| Change | -0.1037 | -0.0300 | -0.0032 | - | +0.0040 | +0.0138 | +0.0302 |
| Level | Minor | Minor | Major | - | Minor | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.7494 | 1.7564 | 1.7625 | 1.7695 | 1.7756 | 1.7826 | 1.7887 |
| Camarilla | 1.7649 | 1.7661 | 1.7673 | 1.7685 | 1.7697 | 1.7709 | 1.7721 |
| Woodie | 1.7489 | 1.7562 | 1.7620 | 1.7693 | 1.7751 | 1.7824 | 1.7882 |
| Fibonacci | 1.7564 | 1.7614 | 1.7645 | 1.7695 | 1.7745 | 1.7776 | 1.7826 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.6628 | 1.7027 | 1.7287 | 1.7686 | 1.7946 | 1.8345 | 1.8605 |
| Camarilla | 1.7366 | 1.7426 | 1.7487 | 1.7547 | 1.7607 | 1.7668 | 1.7728 |
| Woodie | 1.6559 | 1.6992 | 1.7218 | 1.7651 | 1.7877 | 1.8310 | 1.8536 |
| Fibonacci | 1.7027 | 1.7279 | 1.7434 | 1.7686 | 1.7938 | 1.8093 | 1.8345 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.7348 | 1.7642 | 1.7882 | 1.8176 | 1.8416 | 1.8710 | 1.8950 |
| Camarilla | 1.7974 | 1.8023 | 1.8072 | 1.8121 | 1.8170 | 1.8219 | 1.8268 |
| Woodie | 1.7320 | 1.7629 | 1.7854 | 1.8163 | 1.8388 | 1.8697 | 1.8922 |
| Fibonacci | 1.7642 | 1.7846 | 1.7972 | 1.8176 | 1.8380 | 1.8506 | 1.8710 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 51.70 | |
| MACD (12,26,9): | 0.0012 | |
| Directional Movement: | 0.6707 | |
| AROON (14): | 64.2857 | |
| DEMA (21): | 1.7726 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.7778 | |
| Elder Ray (13): | 0.0006 | |
| Super Trend (3,10): | 1.7811 | |
| Zig ZAG (10): | 1.7714 | |
| VORTEX (21): | 0.9608 | |
| Stochastique (14,3,5): | 69.76 | |
| TEMA (21): | 1.7730 | |
| Williams %R (14): | -41.24 | |
| Chande Momentum Oscillator (20): | 0.0055 | |
| Repulse (5,40,3): | -0.0736 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0098 | |
| Courbe Coppock: | 0.41 |
| MA7: | 1.7808 | |
| MA20: | 1.8027 | |
| MA50: | 1.8139 | |
| MA100: | 1.8112 | |
| MAexp7: | 1.7720 | |
| MAexp20: | 1.7710 | |
| MAexp50: | 1.7701 | |
| MAexp100: | 1.7746 | |
| Price / MA7: | -0.46% | |
| Price / MA20: | -1.67% | |
| Price / MA50: | -2.28% | |
| Price / MA100: | -2.13% | |
| Price / MAexp7: | +0.03% | |
| Price / MAexp20: | +0.09% | |
| Price / MAexp50: | +0.14% | |
| Price / MAexp100: | -0.11% |
Quotes :
2020-12-15 08:18:01
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Real time data
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Forex
News
The last news published on GBP/AUD at the time of the generation of this analysis was 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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