GBP/AUD - 1H - Technical analysis published on 11/16/2019 (GMT)
- Who voted?
- 169
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Bullish
Technical indicators
22%
61%
17%
My opinion
Bullish above 1.8813 AUD
My targets
1.8975 AUD (+0.29%)
2.0417 AUD (+7.91%)
My analysis
The basic trend is bullish on GBP/AUD and in the short term, the price is attempting to correct. For the time being, this is only a simple technical correction and the basic trend is not threatened. For the correction to be confirmed, it would have to at least return to below the support 1.8813 AUD. Sellers would then use the next support located at 1.8749 AUD as an objective. Crossing it would then enable sellers to target 1.8644 AUD. If there is a return to above the resistance located at 1.8975 AUD, this would be a sign of a reversal in the basic bullish trend. The next bullish objectives will be 2.0417 AUD and 2.2742 AUD by extension.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
FORCE
0
10
0.2
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GBP/AUD price is 1.8921 AUD. On the day, this instrument lost -0.32% and was traded between 1.8911 AUD and 1.8988 AUD over the period. The price is currently at +0.05% from its lowest and -0.35% from its highest.1.8911
1.8988
1.8921
Here is a more detailed summary of the historical variations registered by GBP/AUD:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this GBP/AUD chart shows a bullish trend. 67.86% of the signals given by moving averages are bullish. Caution: the current slightly bearish signals from short-term moving averages indicate that the overall trend may be slowing down. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
CCI indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
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 | 1.8644 | 1.8749 | 1.8813 | 1.8921 | 1.8975 | 2.0417 | 2.2742 |
| Change (%) | -1.46% | -0.91% | -0.57% | - | +0.29% | +7.91% | +20.19% |
| Change | -0.0277 | -0.0172 | -0.0108 | - | +0.0054 | +0.1496 | +0.3821 |
| Level | Minor | Major | Intermediate | - | Major | 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 | 1.8600 | 1.8693 | 1.8837 | 1.8930 | 1.9074 | 1.9167 | 1.9311 |
| Camarilla | 1.8916 | 1.8938 | 1.8959 | 1.8981 | 1.9003 | 1.9025 | 1.9046 |
| Woodie | 1.8626 | 1.8706 | 1.8863 | 1.8943 | 1.9100 | 1.9180 | 1.9337 |
| Fibonacci | 1.8693 | 1.8784 | 1.8840 | 1.8930 | 1.9021 | 1.9077 | 1.9167 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.8344 | 1.8446 | 1.8533 | 1.8635 | 1.8722 | 1.8824 | 1.8911 |
| Camarilla | 1.8569 | 1.8586 | 1.8604 | 1.8621 | 1.8638 | 1.8656 | 1.8673 |
| Woodie | 1.8338 | 1.8442 | 1.8527 | 1.8631 | 1.8716 | 1.8820 | 1.8905 |
| Fibonacci | 1.8446 | 1.8518 | 1.8563 | 1.8635 | 1.8707 | 1.8752 | 1.8824 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.7183 | 1.7629 | 1.8201 | 1.8647 | 1.9219 | 1.9665 | 2.0237 |
| Camarilla | 1.8492 | 1.8585 | 1.8679 | 1.8772 | 1.8865 | 1.8959 | 1.9052 |
| Woodie | 1.7245 | 1.7661 | 1.8263 | 1.8679 | 1.9281 | 1.9697 | 2.0299 |
| Fibonacci | 1.7629 | 1.8018 | 1.8259 | 1.8647 | 1.9036 | 1.9277 | 1.9665 |
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): | 41.90 | |
| MACD (12,26,9): | -0.0002 | |
| Directional Movement: | -1.9798 | |
| AROON (14): | -78.5714 | |
| DEMA (21): | 1.8947 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.8982 | |
| Elder Ray (13): | -0.0019 | |
| Super Trend (3,10): | 1.8915 | |
| Zig ZAG (10): | 1.8921 | |
| VORTEX (21): | 0.9089 | |
| Stochastique (14,3,5): | 16.77 | |
| TEMA (21): | 1.8928 | |
| Williams %R (14): | -87.01 | |
| Chande Momentum Oscillator (20): | -0.0048 | |
| Repulse (5,40,3): | -0.0785 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0033 | |
| Courbe Coppock: | 0.27 |
| MA7: | 1.8779 | |
| MA20: | 1.8773 | |
| MA50: | 1.8514 | |
| MA100: | 1.8215 | |
| MAexp7: | 1.8935 | |
| MAexp20: | 1.8944 | |
| MAexp50: | 1.8919 | |
| MAexp100: | 1.8866 | |
| Price / MA7: | +0.76% | |
| Price / MA20: | +0.79% | |
| Price / MA50: | +2.20% | |
| Price / MA100: | +3.88% | |
| Price / MAexp7: | -0.07% | |
| Price / MAexp20: | -0.12% | |
| Price / MAexp50: | +0.01% | |
| Price / MAexp100: | +0.29% |
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.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis GBP/AUD - 1H