GBP/AUD - Daily - Technical analysis published on 09/18/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 1.8190 AUD
My targets
1.8414 AUD (+1.00%)
1.8760 AUD (+2.90%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on GBP/AUD. This is a positive signal for buyers. As long as the price remains above 1.8190 AUD, a purchase could be considered. The first bullish objective is located at 1.8414 AUD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.8760 AUD as an objective. Crossing it would then enable buyers to target 1.8990 AUD. In the event of a return below 1.8190 AUD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
FORCE
0
10
6.3
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This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GBP/AUD rating is 1.8231 AUD. The price has increased by +0.12% since the last closing and was traded between 1.8201 AUD and 1.8260 AUD over the period. The price is currently at +0.16% from its lowest and -0.16% from its highest.1.8201
1.8260
1.8231
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
A technical analysis in Daily of this GBP/AUD chart shows a bullish trend. 67.86% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : Daily
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : Daily
Aroon indicator bullish trend
Type : Bullish
Timeframe : Daily
Ichimoku - Bullish crossover : Tenkan & Kijun
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
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 resistance of triangle
Type : Bearish
Timeframe : Daily
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
Resistance of channel is broken
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.7685 | 1.7885 | 1.8190 | 1.8231 | 1.8414 | 1.8760 | 1.8990 |
| Change (%) | -2.99% | -1.90% | -0.22% | - | +1.00% | +2.90% | +4.16% |
| Change | -0.0546 | -0.0346 | -0.0041 | - | +0.0183 | +0.0529 | +0.0759 |
| Level | Intermediate | Intermediate | Intermediate | - | Major | Major | 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 | 1.7966 | 1.8030 | 1.8119 | 1.8183 | 1.8272 | 1.8336 | 1.8425 |
| Camarilla | 1.8167 | 1.8181 | 1.8195 | 1.8209 | 1.8223 | 1.8237 | 1.8251 |
| Woodie | 1.7980 | 1.8036 | 1.8133 | 1.8189 | 1.8286 | 1.8342 | 1.8439 |
| Fibonacci | 1.8030 | 1.8088 | 1.8124 | 1.8183 | 1.8241 | 1.8277 | 1.8336 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.7621 | 1.7733 | 1.7952 | 1.8064 | 1.8283 | 1.8395 | 1.8614 |
| Camarilla | 1.8081 | 1.8111 | 1.8142 | 1.8172 | 1.8202 | 1.8233 | 1.8263 |
| Woodie | 1.7676 | 1.7760 | 1.8007 | 1.8091 | 1.8338 | 1.8422 | 1.8669 |
| Fibonacci | 1.7733 | 1.7859 | 1.7937 | 1.8064 | 1.8190 | 1.8268 | 1.8395 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.6987 | 1.7313 | 1.7685 | 1.8011 | 1.8383 | 1.8709 | 1.9081 |
| Camarilla | 1.7864 | 1.7928 | 1.7992 | 1.8056 | 1.8120 | 1.8184 | 1.8248 |
| Woodie | 1.7009 | 1.7325 | 1.7707 | 1.8023 | 1.8405 | 1.8721 | 1.9103 |
| Fibonacci | 1.7313 | 1.7580 | 1.7745 | 1.8011 | 1.8278 | 1.8443 | 1.8709 |
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): | 59.49 | |
| MACD (12,26,9): | 0.0052 | |
| Directional Movement: | 9.7879 | |
| AROON (14): | 78.5714 | |
| DEMA (21): | 1.8113 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.7802 | |
| Elder Ray (13): | 0.0150 | |
| Super Trend (3,10): | 1.7775 | |
| Zig ZAG (10): | 1.8230 | |
| VORTEX (21): | 1.1086 | |
| Stochastique (14,3,5): | 85.53 | |
| TEMA (21): | 1.8153 | |
| Williams %R (14): | -6.42 | |
| Chande Momentum Oscillator (20): | 0.0255 | |
| Repulse (5,40,3): | 0.9883 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0290 | |
| Courbe Coppock: | 0.45 |
| MA7: | 1.8092 | |
| MA20: | 1.8068 | |
| MA50: | 1.7932 | |
| MA100: | 1.8122 | |
| MAexp7: | 1.8125 | |
| MAexp20: | 1.8052 | |
| MAexp50: | 1.8023 | |
| MAexp100: | 1.8074 | |
| Price / MA7: | +0.77% | |
| Price / MA20: | +0.90% | |
| Price / MA50: | +1.67% | |
| Price / MA100: | +0.60% | |
| Price / MAexp7: | +0.58% | |
| Price / MAexp20: | +0.99% | |
| Price / MAexp50: | +1.15% | |
| Price / MAexp100: | +0.87% |
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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