GBP/CNH - 1H - Technical analysis published on 08/22/2023 (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
Additional analysis
Quotes
GBP/CNH rating 9.2993 CNH. On the day, this instrument lost -0.02% with the lowest point at 9.2846 CNH and the highest point at 9.3438 CNH. The deviation from the price is +0.16% for the low point and -0.48% for the high point.The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by GBP/CNH:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this GBP/CNH chart shows a bearish trend. 78.57% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by 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
SuperTrend indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 9.2003 | 9.2406 | 9.2724 | 9.2993 | 9.3008 | 9.3258 | 9.3530 |
| Change (%) | -1.06% | -0.63% | -0.29% | - | +0.02% | +0.28% | +0.58% |
| Change | -0.0990 | -0.0587 | -0.0269 | - | +0.0015 | +0.0265 | +0.0537 |
| Level | Minor | Intermediate | Intermediate | - | Minor | Minor | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.1895 | 9.2278 | 9.2645 | 9.3028 | 9.3395 | 9.3778 | 9.4145 |
| Camarilla | 9.2807 | 9.2876 | 9.2944 | 9.3013 | 9.3082 | 9.3151 | 9.3219 |
| Woodie | 9.1888 | 9.2274 | 9.2638 | 9.3024 | 9.3388 | 9.3774 | 9.4138 |
| Fibonacci | 9.2278 | 9.2564 | 9.2741 | 9.3028 | 9.3314 | 9.3491 | 9.3778 |
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.0653 | 9.1328 | 9.2174 | 9.2849 | 9.3695 | 9.4370 | 9.5216 |
| Camarilla | 9.2602 | 9.2741 | 9.2881 | 9.3020 | 9.3159 | 9.3299 | 9.3438 |
| Woodie | 9.0739 | 9.1371 | 9.2260 | 9.2892 | 9.3781 | 9.4413 | 9.5302 |
| Fibonacci | 9.1328 | 9.1909 | 9.2268 | 9.2849 | 9.3430 | 9.3789 | 9.4370 |
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.7707 | 8.9514 | 9.0634 | 9.2441 | 9.3561 | 9.5368 | 9.6488 |
| Camarilla | 9.0949 | 9.1217 | 9.1486 | 9.1754 | 9.2022 | 9.2291 | 9.2559 |
| Woodie | 8.7364 | 8.9342 | 9.0291 | 9.2269 | 9.3218 | 9.5196 | 9.6145 |
| Fibonacci | 8.9514 | 9.0632 | 9.1323 | 9.2441 | 9.3559 | 9.4250 | 9.5368 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
| RSI (14): | 43.23 | |
| MACD (12,26,9): | -0.0022 | |
| Directional Movement: | -8.4035 | |
| AROON (14): | -42.8572 | |
| DEMA (21): | 9.3062 | |
| Parabolic SAR (0,02-0,02-0,2): | 9.3210 | |
| Elder Ray (13): | -0.0060 | |
| Super Trend (3,10): | 9.3296 | |
| Zig ZAG (10): | 9.3005 | |
| VORTEX (21): | 1.0608 | |
| Stochastique (14,3,5): | 9.21 | |
| TEMA (21): | 9.3034 | |
| Williams %R (14): | -94.00 | |
| Chande Momentum Oscillator (20): | -0.0290 | |
| Repulse (5,40,3): | -0.0513 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0005 | |
| Courbe Coppock: | 0.45 |
| MA7: | 9.2975 | |
| MA20: | 9.2256 | |
| MA50: | 9.2305 | |
| MA100: | 8.9731 | |
| MAexp7: | 9.3031 | |
| MAexp20: | 9.3080 | |
| MAexp50: | 9.3089 | |
| MAexp100: | 9.3046 | |
| Price / MA7: | +0.02% | |
| Price / MA20: | +0.80% | |
| Price / MA50: | +0.75% | |
| Price / MA100: | +3.64% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | -0.09% | |
| Price / MAexp50: | -0.10% | |
| Price / MAexp100: | -0.06% |
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