GBP/AUD - 1H - Technical analysis published on 02/14/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
39%
17%
44%
My opinion
Bullish above 1.9375 AUD
My targets
1.9454 AUD (+0.0040)
1.9632 AUD (+0.0218)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on GBP/AUD as long as the price remains well above 1.9375 AUD. The buyers” bullish objective is set at 1.9454 AUD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.9632 AUD. If there is any crossing, the next objective would be the resistance located at 1.9744 AUD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
6.8
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
GBP/AUD rating 1.9414 AUD. The price has increased by -0.01% since the last closing and was between 1.9359 AUD and 1.9431 AUD. This implies that the price is at +0.28% from its lowest and at -0.09% from its highest.1.9359
1.9431
1.9414
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in 1H of this GBP/AUD chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, only 7 technical indicators out of 18 studied are currently positioned bullish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Support of triangle is broken
Type : Bearish
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 | 1.9213 | 1.9316 | 1.9375 | 1.9414 | 1.9417 | 1.9454 | 1.9744 |
| Change (%) | -1.04% | -0.50% | -0.20% | - | +0.02% | +0.21% | +1.70% |
| Change | -0.0201 | -0.0098 | -0.0039 | - | +0.0003 | +0.0040 | +0.0330 |
| Level | Major | Minor | Minor | - | Major | 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 | 1.9089 | 1.9164 | 1.9290 | 1.9365 | 1.9491 | 1.9566 | 1.9692 |
| Camarilla | 1.9360 | 1.9378 | 1.9397 | 1.9415 | 1.9433 | 1.9452 | 1.9470 |
| Woodie | 1.9114 | 1.9177 | 1.9315 | 1.9378 | 1.9516 | 1.9579 | 1.9717 |
| Fibonacci | 1.9164 | 1.9241 | 1.9289 | 1.9365 | 1.9442 | 1.9490 | 1.9566 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.8514 | 1.8839 | 1.9073 | 1.9398 | 1.9632 | 1.9957 | 2.0191 |
| Camarilla | 1.9153 | 1.9205 | 1.9256 | 1.9307 | 1.9358 | 1.9410 | 1.9461 |
| Woodie | 1.8469 | 1.8816 | 1.9028 | 1.9375 | 1.9587 | 1.9934 | 2.0146 |
| Fibonacci | 1.8839 | 1.9053 | 1.9185 | 1.9398 | 1.9612 | 1.9744 | 1.9957 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.8100 | 1.8433 | 1.9089 | 1.9422 | 2.0078 | 2.0411 | 2.1067 |
| Camarilla | 1.9472 | 1.9563 | 1.9653 | 1.9744 | 1.9835 | 1.9925 | 2.0016 |
| Woodie | 1.8261 | 1.8514 | 1.9250 | 1.9503 | 2.0239 | 2.0492 | 2.1228 |
| Fibonacci | 1.8433 | 1.8811 | 1.9045 | 1.9422 | 1.9800 | 2.0034 | 2.0411 |
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): | 59.19 | |
| MACD (12,26,9): | 0.0019 | |
| Directional Movement: | 4.5490 | |
| AROON (14): | -71.4286 | |
| DEMA (21): | 1.9420 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.9424 | |
| Elder Ray (13): | 0.0003 | |
| Super Trend (3,10): | 1.9345 | |
| Zig ZAG (10): | 1.9414 | |
| VORTEX (21): | 1.1294 | |
| Stochastique (14,3,5): | 48.78 | |
| TEMA (21): | 1.9415 | |
| Williams %R (14): | -34.15 | |
| Chande Momentum Oscillator (20): | -0.0002 | |
| Repulse (5,40,3): | 0.1154 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 0.06 |
| MA7: | 1.9319 | |
| MA20: | 1.9293 | |
| MA50: | 1.9102 | |
| MA100: | 1.8935 | |
| MAexp7: | 1.9403 | |
| MAexp20: | 1.9391 | |
| MAexp50: | 1.9351 | |
| MAexp100: | 1.9327 | |
| Price / MA7: | +0.49% | |
| Price / MA20: | +0.63% | |
| Price / MA50: | +1.63% | |
| Price / MA100: | +2.53% | |
| Price / MAexp7: | +0.06% | |
| Price / MAexp20: | +0.12% | |
| Price / MAexp50: | +0.33% | |
| Price / MAexp100: | +0.45% |
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.
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