GBP/AUD - 1H - Technical analysis published on 11/02/2021 (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
Short term:
Strongly bullish
Underlying:
Slightly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 1.8255 AUD
My targets
1.8361 AUD (+0.0070)
1.8421 AUD (+0.0130)
My analysis
The strong short-term increase for GBP/AUD reinforces the current slightly bullish trend. As long as the price remains above 1.8255 AUD, you could take advantage of this bullish acceleration. The first bullish objective is located at 1.8361 AUD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.8421 AUD as an objective. Crossing it would then enable buyers to target 1.8499 AUD. A return to 1.8255 AUD would be a sign of a possible correction of short-term bullish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.
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
5.5
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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 price is 1.8291 AUD. The price registered an increase of +0.74% on the session with the lowest point at 1.8127 AUD and the highest point at 1.8305 AUD. The deviation from the price is +0.90% for the low point and -0.08% for the high point.1.8127
1.8305
1.8291
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by GBP/AUD:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of GBP/AUD indicates that the overall trend is slightly bullish. 60.71% of the signals given by moving averages are bullish. This slightly bullish trend could be reinforced by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Moving Average bullish crossovers : MA20 & MA50
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 1.8140 | 1.8187 | 1.8255 | 1.8291 | 1.8361 | 1.8421 | 1.8499 |
| Change (%) | -0.83% | -0.57% | -0.20% | - | +0.38% | +0.71% | +1.14% |
| Change | -0.0151 | -0.0104 | -0.0036 | - | +0.0070 | +0.0130 | +0.0208 |
| Level | Intermediate | Major | Intermediate | - | Intermediate | Minor | Minor |
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 | 1.8019 | 1.8080 | 1.8118 | 1.8179 | 1.8217 | 1.8278 | 1.8316 |
| Camarilla | 1.8130 | 1.8139 | 1.8148 | 1.8157 | 1.8166 | 1.8175 | 1.8184 |
| Woodie | 1.8009 | 1.8074 | 1.8108 | 1.8173 | 1.8207 | 1.8272 | 1.8306 |
| Fibonacci | 1.8080 | 1.8118 | 1.8141 | 1.8179 | 1.8217 | 1.8240 | 1.8278 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.7858 | 1.8021 | 1.8111 | 1.8274 | 1.8364 | 1.8527 | 1.8617 |
| Camarilla | 1.8130 | 1.8154 | 1.8177 | 1.8200 | 1.8223 | 1.8246 | 1.8270 |
| Woodie | 1.7821 | 1.8003 | 1.8074 | 1.8256 | 1.8327 | 1.8509 | 1.8580 |
| Fibonacci | 1.8021 | 1.8118 | 1.8178 | 1.8274 | 1.8371 | 1.8431 | 1.8527 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.7412 | 1.7799 | 1.7999 | 1.8386 | 1.8586 | 1.8973 | 1.9173 |
| Camarilla | 1.8039 | 1.8092 | 1.8146 | 1.8200 | 1.8254 | 1.8308 | 1.8361 |
| Woodie | 1.7320 | 1.7752 | 1.7907 | 1.8339 | 1.8494 | 1.8926 | 1.9081 |
| Fibonacci | 1.7799 | 1.8023 | 1.8161 | 1.8386 | 1.8610 | 1.8748 | 1.8973 |
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): | 66.56 | |
| MACD (12,26,9): | 0.0026 | |
| Directional Movement: | 17.0440 | |
| AROON (14): | 85.7142 | |
| DEMA (21): | 1.8268 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.8231 | |
| Elder Ray (13): | 0.0028 | |
| Super Trend (3,10): | 1.8205 | |
| Zig ZAG (10): | 1.8284 | |
| VORTEX (21): | 1.2291 | |
| Stochastique (14,3,5): | 92.31 | |
| TEMA (21): | 1.8297 | |
| Williams %R (14): | -10.67 | |
| Chande Momentum Oscillator (20): | 0.0133 | |
| Repulse (5,40,3): | 0.0762 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0124 | |
| Courbe Coppock: | 1.35 |
| MA7: | 1.8281 | |
| MA20: | 1.8432 | |
| MA50: | 1.8638 | |
| MA100: | 1.8652 | |
| MAexp7: | 1.8275 | |
| MAexp20: | 1.8240 | |
| MAexp50: | 1.8230 | |
| MAexp100: | 1.8253 | |
| Price / MA7: | +0.05% | |
| Price / MA20: | -0.76% | |
| Price / MA50: | -1.86% | |
| Price / MA100: | -1.94% | |
| Price / MAexp7: | +0.09% | |
| Price / MAexp20: | +0.29% | |
| Price / MAexp50: | +0.34% | |
| Price / MAexp100: | +0.21% |
Quotes :
-
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)
-
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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