GBP/AUD - 15 min. - Technical analysis published on 07/10/2023 (GMT)
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- Timeframe : 15 min.
- - 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:
Strongly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 1.9214 AUD
My targets
1.9330 AUD (+0.0071)
1.9377 AUD (+0.0118)
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 1.9214 AUD. The buyers' bullish objective is set at 1.9330 AUD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.9377 AUD. If there is any crossing, the next objective would be the resistance located at 1.9454 AUD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
8
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This analysis was given by GCrow. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GBP/AUD price is 1.9259 AUD. The price registered an increase of +0.34% on the session and was between 1.9166 AUD and 1.9288 AUD. This implies that the price is at +0.49% from its lowest and at -0.15% from its highest.1.9166
1.9288
1.9259
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by GBP/AUD:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of GBP/AUD indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being 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, 12 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 : 15 minutes
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 15 minutes
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : 15 minutes
Resistance of channel is broken
Type : Bullish
Timeframe : 15 minutes
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 | 1.9166 | 1.9214 | 1.9240 | 1.9259 | 1.9282 | 1.9454 | 1.9744 |
| Change (%) | -0.48% | -0.23% | -0.10% | - | +0.12% | +1.01% | +2.52% |
| Change | -0.0093 | -0.0045 | -0.0019 | - | +0.0023 | +0.0195 | +0.0485 |
| Level | Minor | Minor | Intermediate | - | Intermediate | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.9029 | 1.9098 | 1.9145 | 1.9214 | 1.9261 | 1.9330 | 1.9377 |
| Camarilla | 1.9161 | 1.9172 | 1.9182 | 1.9193 | 1.9204 | 1.9214 | 1.9225 |
| Woodie | 1.9019 | 1.9093 | 1.9135 | 1.9209 | 1.9251 | 1.9325 | 1.9367 |
| Fibonacci | 1.9098 | 1.9142 | 1.9169 | 1.9214 | 1.9258 | 1.9285 | 1.9330 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.8714 | 1.8846 | 1.9019 | 1.9151 | 1.9324 | 1.9456 | 1.9629 |
| Camarilla | 1.9109 | 1.9137 | 1.9165 | 1.9193 | 1.9221 | 1.9249 | 1.9277 |
| Woodie | 1.8736 | 1.8856 | 1.9041 | 1.9161 | 1.9346 | 1.9466 | 1.9651 |
| Fibonacci | 1.8846 | 1.8962 | 1.9034 | 1.9151 | 1.9267 | 1.9339 | 1.9456 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.7881 | 1.8190 | 1.8622 | 1.8931 | 1.9363 | 1.9672 | 2.0104 |
| Camarilla | 1.8849 | 1.8917 | 1.8985 | 1.9053 | 1.9121 | 1.9189 | 1.9257 |
| Woodie | 1.7942 | 1.8221 | 1.8683 | 1.8962 | 1.9424 | 1.9703 | 2.0165 |
| Fibonacci | 1.8190 | 1.8473 | 1.8648 | 1.8931 | 1.9214 | 1.9389 | 1.9672 |
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): | 68.32 | |
| MACD (12,26,9): | 0.0020 | |
| Directional Movement: | 24.3666 | |
| AROON (14): | 78.5714 | |
| DEMA (21): | 1.9263 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.9258 | |
| Elder Ray (13): | 0.0020 | |
| Super Trend (3,10): | 1.9231 | |
| Zig ZAG (10): | 1.9261 | |
| VORTEX (21): | 1.2532 | |
| Stochastique (14,3,5): | 83.29 | |
| TEMA (21): | 1.9273 | |
| Williams %R (14): | -36.14 | |
| Chande Momentum Oscillator (20): | 0.0046 | |
| Repulse (5,40,3): | -0.0832 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0116 | |
| Courbe Coppock: | 0.51 |
| MA7: | 1.9119 | |
| MA20: | 1.8942 | |
| MA50: | 1.8843 | |
| MA100: | 1.8580 | |
| MAexp7: | 1.9260 | |
| MAexp20: | 1.9240 | |
| MAexp50: | 1.9218 | |
| MAexp100: | 1.9206 | |
| Price / MA7: | +0.73% | |
| Price / MA20: | +1.67% | |
| Price / MA50: | +2.21% | |
| Price / MA100: | +3.65% | |
| Price / MAexp7: | -0.01% | |
| Price / MAexp20: | +0.10% | |
| Price / MAexp50: | +0.21% | |
| Price / MAexp100: | +0.28% |
Quotes :
-
Real time data
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Forex
News
Don't forget to follow the news on GBP/AUD. At the time of publication of this analysis, the latest news 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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