GBP/AUD
GBP AUD
- AUD (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: GBPAUD
ISIN:

GBP/AUD - 1H - Technical analysis published on 12/16/2019 (GMT)

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  • Timeframe : 1H
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  • Status : INVALID

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Summary of the analysis

Trends
Court terme: Neutral
De fond: Bullish
Technical indicators
17%
39%
44%
My opinion
Bullish above 1.9390 AUD
My targets
1.9442 AUD (+0.0031)
1.9516 AUD (+0.0105)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the support located at 1.9390 AUD remains possible. It is advisable to trade GBP/AUD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 1.9390 AUD. The next bullish objective for buyers is set at 1.9442 AUD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.9516 AUD. If there is any crossing, the next objective would be the resistance located at 2.0417 AUD. PS: if there is a bearish break in the support located at 1.9390 AUD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, the general bullish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bullish direction is still favored, however the current short term bearish correction should be carefully watched.
FORCE
0
10
1.8

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The GBP/AUD rating is 1.9411 AUD. On the day, this instrument gained +0.08% with the lowest point at 1.9367 AUD and the highest point at 1.9523 AUD. The deviation from the price is +0.23% for the low point and -0.57% for the high point.

1.9367
1.9523
1.9411

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by GBP/AUD:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

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


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in 1H of this GBP/AUD chart shows a bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Central Indicators

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour



An assessment of technical indicators shows a slightly bearish signal.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour



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:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.9156 1.9279 1.9390 1.9411 1.9442 1.9516 2.0417
Change (%) -1.31% -0.68% -0.11% - +0.16% +0.54% +5.18%
Change -0.0255 -0.0132 -0.0021 - +0.0031 +0.0105 +0.1006
Level Intermediate Intermediate Minor - Minor 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
Standard1.90401.91601.92771.93971.95141.96341.9751
Camarilla1.93301.93521.93731.93951.94171.94381.9460
Woodie1.90401.91591.92771.93961.95141.96331.9751
Fibonacci1.91601.92501.93061.93971.94871.95431.9634


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.84871.87171.90561.92861.96251.98552.0194
Camarilla1.92391.92911.93431.93951.94471.94991.9552
Woodie1.85421.87441.91111.93131.96801.98822.0249
Fibonacci1.87171.89341.90691.92861.95031.96381.9855


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.81241.83351.87301.89411.93361.95471.9942
Camarilla1.89571.90131.90691.91241.91801.92351.9291
Woodie1.82151.83811.88211.89871.94271.95932.0033
Fibonacci1.83351.85671.87101.89411.91731.93161.9547

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): 49.11
MACD (12,26,9): 0.0019
Directional Movement: -2.8127
AROON (14): 64.2857
DEMA (21): 1.9456
Parabolic SAR (0,02-0,02-0,2): 1.9509
Elder Ray (13): -0.0019
Super Trend (3,10): 1.9526
Zig ZAG (10): 1.9407
VORTEX (21): 1.1597
Stochastique (14,3,5): 20.51
TEMA (21): 1.9441
Williams %R (14): -75.00
Chande Momentum Oscillator (20): -0.0013
Repulse (5,40,3): -0.1212
ROCnROLL: -1
TRIX (15,9): 0.0229
Courbe Coppock: 0.33
MA7: 1.9315
MA20: 1.9137
MA50: 1.8897
MA100: 1.8479
MAexp7: 1.9428
MAexp20: 1.9424
MAexp50: 1.9371
MAexp100: 1.9318
Price / MA7: +0.50%
Price / MA20: +1.43%
Price / MA50: +2.72%
Price / MA100: +5.04%
Price / MAexp7: -0.09%
Price / MAexp20: -0.07%
Price / MAexp50: +0.21%
Price / MAexp100: +0.48%

This member declared not having a position on this financial instrument or a related financial instrument.

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