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

GBP/AUD - Daily - Technical analysis published on 12/23/2019 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Slightly bullish
Technical indicators
17%
67%
17%
My opinion
Bearish under 1.8974 AUD
My targets
1.8401 AUD (-0.0335)
1.8166 AUD (-0.0570)
My analysis
The current short-term bearish trend is expected to quickly reset the neutral or bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for GBP/AUD as long as the price remains well below 1.8974 AUD. The next bearish objective for sellers is set at 1.8401 AUD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.8166 AUD. In case of crossing, the next objective would be the support located at 1.7661 AUD. As the basic trend is not clearly displayed, attention should be paid to the price response to the support located at 1.8401 AUD. With this support, against the trend traders who want to buy GBP/AUD on a buy signal from their trading strategy should not hesitate to act.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
FORCE
0
10
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:
15 min. 1H Weekly

Additional analysis

Quotes

The GBP/AUD rating is 1.8736 AUD. On the day, this instrument lost -0.54% with the lowest point at 1.8719 AUD and the highest point at 1.8868 AUD. The deviation from the price is +0.09% for the low point and -0.70% for the high point.

1.8719
1.8868
1.8736

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in Daily of this GBP/AUD chart shows a slightly bullish trend. 57.14% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently being given by short-term moving averages indicate that this slightly bullish trend could be reversed. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators shows a bearish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily


SuperTrend indicator bearish reversal

Type : Bearish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : Daily


Support of channel is broken

Type : Bearish

Timeframe : Daily



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.7661 1.8166 1.8401 1.8736 1.8749 1.8974 1.9454
Change (%) -5.74% -3.04% -1.79% - +0.07% +1.27% +3.83%
Change -0.1075 -0.0570 -0.0335 - +0.0013 +0.0238 +0.0718
Level Major Intermediate Minor - Major Major Minor



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
Standard1.86571.87361.87871.88661.89171.89961.9047
Camarilla1.88021.88141.88261.88381.88501.88621.8874
Woodie1.86431.87291.87731.88591.89031.89891.9033
Fibonacci1.87361.87861.88161.88661.89161.89461.8996


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.78861.83511.85941.90591.93021.97672.0010
Camarilla1.86431.87081.87731.88381.89031.89681.9033
Woodie1.77761.82961.84841.90041.91921.97121.9900
Fibonacci1.83511.86211.87881.90591.93291.94961.9767


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): 37.53
MACD (12,26,9): 0.0009
Directional Movement: -18.4965
AROON (14): -35.7143
DEMA (21): 1.9108
Parabolic SAR (0,02-0,02-0,2): 1.9482
Elder Ray (13): -0.0260
Super Trend (3,10): 1.9353
Zig ZAG (10): 1.8732
VORTEX (21): 0.9466
Stochastique (14,3,5): 2.51
TEMA (21): 1.9013
Williams %R (14): -98.63
Chande Momentum Oscillator (20): -0.0528
Repulse (5,40,3): -2.1011
ROCnROLL: 2
TRIX (15,9): 0.0656
Courbe Coppock: 0.40
MA7: 1.9058
MA20: 1.9120
MA50: 1.8949
MA100: 1.8534
MAexp7: 1.8979
MAexp20: 1.9058
MAexp50: 1.8905
MAexp100: 1.8680
Price / MA7: -1.69%
Price / MA20: -2.01%
Price / MA50: -1.12%
Price / MA100: +1.09%
Price / MAexp7: -1.28%
Price / MAexp20: -1.69%
Price / MAexp50: -0.89%
Price / MAexp100: +0.30%

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

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