GBP/AUD - 15 min. - Technical analysis published on 04/16/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 1.9364 AUD
My targets
1.9489 AUD (+0.0034)
1.9533 AUD (+0.0078)
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 1.9364 AUD. The buyers' bullish objective is set at 1.9489 AUD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.9533 AUD. If there is any crossing, the next objective would be the resistance located at 1.9718 AUD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.9
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Additional analysis
Quotes
GBP/AUD rating 1.9455 AUD. The price registered an increase of +0.69% on the session and was between 1.9317 AUD and 1.9458 AUD. This implies that the price is at +0.71% from its lowest and at -0.02% from its highest.1.9317
1.9458
1.9455
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 15 min. of this GBP/AUD chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 15 minutes
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal support
Type : Bullish
Timeframe : 15 minutes
Support of channel is broken
Type : Bearish
Timeframe : 15 minutes
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.9238 | 1.9266 | 1.9281 | 1.9455 | 1.9533 | 1.9718 | 1.9897 |
| Change (%) | -1.12% | -0.97% | -0.89% | - | +0.40% | +1.35% | +2.27% |
| Change | -0.0217 | -0.0189 | -0.0174 | - | +0.0078 | +0.0263 | +0.0442 |
| Level | Minor | Intermediate | Minor | - | Intermediate | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.9114 | 1.9158 | 1.9239 | 1.9283 | 1.9364 | 1.9408 | 1.9489 |
| Camarilla | 1.9287 | 1.9298 | 1.9310 | 1.9321 | 1.9333 | 1.9344 | 1.9355 |
| Woodie | 1.9134 | 1.9167 | 1.9259 | 1.9292 | 1.9384 | 1.9417 | 1.9509 |
| Fibonacci | 1.9158 | 1.9205 | 1.9235 | 1.9283 | 1.9330 | 1.9360 | 1.9408 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.8977 | 1.9046 | 1.9155 | 1.9224 | 1.9333 | 1.9402 | 1.9511 |
| Camarilla | 1.9216 | 1.9232 | 1.9249 | 1.9265 | 1.9281 | 1.9298 | 1.9314 |
| Woodie | 1.8998 | 1.9056 | 1.9176 | 1.9234 | 1.9354 | 1.9412 | 1.9532 |
| Fibonacci | 1.9046 | 1.9114 | 1.9156 | 1.9224 | 1.9292 | 1.9334 | 1.9402 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.8905 | 1.9078 | 1.9224 | 1.9397 | 1.9543 | 1.9716 | 1.9862 |
| Camarilla | 1.9282 | 1.9312 | 1.9341 | 1.9370 | 1.9399 | 1.9429 | 1.9458 |
| Woodie | 1.8892 | 1.9071 | 1.9211 | 1.9390 | 1.9530 | 1.9709 | 1.9849 |
| Fibonacci | 1.9078 | 1.9200 | 1.9275 | 1.9397 | 1.9519 | 1.9594 | 1.9716 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 73.66 | |
| MACD (12,26,9): | 0.0014 | |
| Directional Movement: | 24.7789 | |
| AROON (14): | 50.0000 | |
| DEMA (21): | 1.9425 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.9395 | |
| Elder Ray (13): | 0.0027 | |
| Super Trend (3,10): | 1.9400 | |
| Zig ZAG (10): | 1.9450 | |
| VORTEX (21): | 1.2291 | |
| Stochastique (14,3,5): | 93.38 | |
| TEMA (21): | 1.9431 | |
| Williams %R (14): | -5.41 | |
| Chande Momentum Oscillator (20): | 0.0043 | |
| Repulse (5,40,3): | 0.1629 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0083 | |
| Courbe Coppock: | 0.26 |
| MA7: | 1.9256 | |
| MA20: | 1.9290 | |
| MA50: | 1.9343 | |
| MA100: | 1.9205 | |
| MAexp7: | 1.9427 | |
| MAexp20: | 1.9407 | |
| MAexp50: | 1.9383 | |
| MAexp100: | 1.9351 | |
| Price / MA7: | +1.03% | |
| Price / MA20: | +0.86% | |
| Price / MA50: | +0.58% | |
| Price / MA100: | +1.30% | |
| Price / MAexp7: | +0.14% | |
| Price / MAexp20: | +0.25% | |
| Price / MAexp50: | +0.37% | |
| Price / MAexp100: | +0.54% |
Quotes :
-
Real time data
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Forex
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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