GBP/AUD - 1H - Technical analysis published on 05/20/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bullish
Technical indicators
22%
61%
17%
My opinion
Bearish under 1.8244 AUD
My targets
1.8168 AUD (-0.0050)
1.8103 AUD (-0.0115)
My analysis
The strong short-term decline in GBP/AUD calls into question the currently slightly bullish basic trend. A trend reversal is likely. As long as the price remains below the resistance located at 1.8244 AUD, one could consider taking advantage of the short-term movement. The first bearish objective is located at 1.8168 AUD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1.8103 AUD as an objective. Crossing it would then enable sellers to target 1.8052 AUD. Be careful, a return to above 1.8244 AUD could jeopardize the reversal.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
1.6
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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 1.8218 AUD. On the day, this instrument lost -0.30% and was traded between 1.8212 AUD and 1.8278 AUD over the period. The price is currently at +0.03% from its lowest and -0.33% from its highest.1.8212
1.8278
1.8218
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of GBP/AUD in 1H shows an overall slightly bullish trend. 57.14% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently given by short-term moving averages indicate that a trend reversal may be taking place. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
On the 18 technical indicators analysed, 4 are bullish, 3 are neutral and 11 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
MACD indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Horizontal resistance 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 | 1.8052 | 1.8103 | 1.8168 | 1.8218 | 1.8244 | 1.8283 | 1.8480 |
| Change (%) | -0.91% | -0.63% | -0.27% | - | +0.14% | +0.36% | +1.44% |
| Change | -0.0166 | -0.0115 | -0.0050 | - | +0.0026 | +0.0065 | +0.0262 |
| Level | Intermediate | Minor | Intermediate | - | Intermediate | Intermediate | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.8118 | 1.8160 | 1.8217 | 1.8259 | 1.8316 | 1.8358 | 1.8415 |
| Camarilla | 1.8246 | 1.8255 | 1.8264 | 1.8273 | 1.8282 | 1.8291 | 1.8300 |
| Woodie | 1.8125 | 1.8164 | 1.8224 | 1.8263 | 1.8323 | 1.8362 | 1.8422 |
| Fibonacci | 1.8160 | 1.8198 | 1.8222 | 1.8259 | 1.8297 | 1.8321 | 1.8358 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.7454 | 1.7632 | 1.7880 | 1.8058 | 1.8306 | 1.8484 | 1.8732 |
| Camarilla | 1.8011 | 1.8050 | 1.8089 | 1.8128 | 1.8167 | 1.8206 | 1.8245 |
| Woodie | 1.7489 | 1.7650 | 1.7915 | 1.8076 | 1.8341 | 1.8502 | 1.8767 |
| Fibonacci | 1.7632 | 1.7795 | 1.7895 | 1.8058 | 1.8221 | 1.8321 | 1.8484 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.7155 | 1.7448 | 1.7680 | 1.7973 | 1.8205 | 1.8498 | 1.8730 |
| Camarilla | 1.7769 | 1.7817 | 1.7865 | 1.7913 | 1.7961 | 1.8009 | 1.8057 |
| Woodie | 1.7126 | 1.7433 | 1.7651 | 1.7958 | 1.8176 | 1.8483 | 1.8701 |
| Fibonacci | 1.7448 | 1.7648 | 1.7772 | 1.7973 | 1.8173 | 1.8297 | 1.8498 |
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): | 39.99 | |
| MACD (12,26,9): | -0.0004 | |
| Directional Movement: | -7.9691 | |
| AROON (14): | -85.7143 | |
| DEMA (21): | 1.8245 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.8258 | |
| Elder Ray (13): | -0.0023 | |
| Super Trend (3,10): | 1.8207 | |
| Zig ZAG (10): | 1.8221 | |
| VORTEX (21): | 0.9093 | |
| Stochastique (14,3,5): | 7.37 | |
| TEMA (21): | 1.8231 | |
| Williams %R (14): | -90.24 | |
| Chande Momentum Oscillator (20): | -0.0062 | |
| Repulse (5,40,3): | -0.0769 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0038 | |
| Courbe Coppock: | 0.40 |
| MA7: | 1.8201 | |
| MA20: | 1.8020 | |
| MA50: | 1.8009 | |
| MA100: | 1.7907 | |
| MAexp7: | 1.8232 | |
| MAexp20: | 1.8246 | |
| MAexp50: | 1.8235 | |
| MAexp100: | 1.8206 | |
| Price / MA7: | +0.09% | |
| Price / MA20: | +1.10% | |
| Price / MA50: | +1.16% | |
| Price / MA100: | +1.74% | |
| Price / MAexp7: | -0.08% | |
| Price / MAexp20: | -0.15% | |
| Price / MAexp50: | -0.09% | |
| Price / MAexp100: | +0.07% |
Quotes :
-
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
-
Pound Pairs Breaking Critical Levels From GBP/USD to GBP/AUD (Quick Take Video)
-
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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