GBP/AUD - 1H - Technical analysis published on 11/26/2019 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Slightly bearish
Technical indicators
22%
67%
11%
My opinion
Bearish under 1.8992 AUD
My targets
1.8948 AUD (-0.07%)
1.8912 AUD (-0.26%)
My analysis
The strong short-term decline of GBP/AUD reinforces the current slightly bearish trend. As long as the price remains below 1.8992 AUD, you could take advantage of this bearish acceleration. The first bearish objective is located at 1.8948 AUD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1.8912 AUD as an objective. Crossing it would then enable sellers to target 1.8749 AUD. A return to above 1.8992 AUD would be a sign of a correction of short-term bearish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
FORCE
0
10
3.9
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This analysis was given by Edd8011. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
GBP/AUD rating 1.8961 AUD. The price registered a decrease of -0.36% on the session with the lowest point at 1.8946 AUD and the highest point at 1.9044 AUD. The deviation from the price is +0.08% for the low point and -0.44% for the high point.1.8946
1.9044
1.8961
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of GBP/AUD in 1H shows an overall slightly bearish trend. 57.14% of the signals given by moving averages are bearish. The overall trend could accelerate as a result of the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 1.8749 | 1.8912 | 1.8948 | 1.8961 | 1.8992 | 1.9031 | 1.9060 |
Change (%) | -1.12% | -0.26% | -0.07% | - | +0.16% | +0.37% | +0.52% |
Change | -0.0212 | -0.0049 | -0.0013 | - | +0.0031 | +0.0070 | +0.0099 |
Level | Major | Major | Minor | - | Minor | Major | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.8758 | 1.8825 | 1.8928 | 1.8995 | 1.9098 | 1.9165 | 1.9268 |
Camarilla | 1.8983 | 1.8999 | 1.9014 | 1.9030 | 1.9046 | 1.9061 | 1.9077 |
Woodie | 1.8775 | 1.8834 | 1.8945 | 1.9004 | 1.9115 | 1.9174 | 1.9285 |
Fibonacci | 1.8825 | 1.8890 | 1.8930 | 1.8995 | 1.9060 | 1.9100 | 1.9165 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.8659 | 1.8778 | 1.8843 | 1.8962 | 1.9027 | 1.9146 | 1.9211 |
Camarilla | 1.8857 | 1.8874 | 1.8891 | 1.8908 | 1.8925 | 1.8942 | 1.8959 |
Woodie | 1.8632 | 1.8765 | 1.8816 | 1.8949 | 1.9000 | 1.9133 | 1.9184 |
Fibonacci | 1.8778 | 1.8848 | 1.8892 | 1.8962 | 1.9032 | 1.9076 | 1.9146 |
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 technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
RSI (14): | 39.75 | |
MACD (12,26,9): | -0.0007 | |
Directional Movement: | -9.4995 | |
AROON (14): | -78.5714 | |
DEMA (21): | 1.8986 | |
Parabolic SAR (0,02-0,02-0,2): | 1.8995 | |
Elder Ray (13): | -0.0029 | |
Super Trend (3,10): | 1.9033 | |
Zig ZAG (10): | 1.8970 | |
VORTEX (21): | 0.8447 | |
Stochastique (14,3,5): | 14.51 | |
TEMA (21): | 1.8973 | |
Williams %R (14): | -77.55 | |
Chande Momentum Oscillator (20): | -0.0057 | |
Repulse (5,40,3): | 0.0247 | |
ROCnROLL: | 2 | |
TRIX (15,9): | 0.0028 | |
Courbe Coppock: | 0.59 |
MA7: | 1.8990 | |
MA20: | 1.8833 | |
MA50: | 1.8644 | |
MA100: | 1.8285 | |
MAexp7: | 1.8976 | |
MAexp20: | 1.8991 | |
MAexp50: | 1.8988 | |
MAexp100: | 1.8983 | |
Price / MA7: | -0.15% | |
Price / MA20: | +0.68% | |
Price / MA50: | +1.70% | |
Price / MA100: | +3.70% | |
Price / MAexp7: | -0.08% | |
Price / MAexp20: | -0.16% | |
Price / MAexp50: | -0.14% | |
Price / MAexp100: | -0.12% |
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.
About author
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…
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