Post an Analysis Request an analysis AI Londinia analysis
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 05/10/2024 (GMT)

  • 93
  • 0
Londinia
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bearish
Technical indicators
67%
6%
28%
My opinion
Bearish under 1.9036 AUD
My targets
1.8918 AUD (-0.0038)
1.8723 AUD (-0.0233)
My analysis
Has the basic bearish 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 bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 1.9036 AUD remains possible. It is advisable to trade GBP/AUD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 1.9036 AUD. The next bearish objective for sellers is set at 1.8918 AUD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.8723 AUD. In case of crossing, the next objective would be the support located at 1.8649 AUD. PS: if there is a bullish break in the resistance located at 1.9036 AUD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
0.5

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.

GCrow
This analysis was given by GCrow. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The GBP/AUD price is 1.8956 AUD. The price registered an increase of +0.15% on the session and was traded between 1.8922 AUD and 1.8972 AUD over the period. The price is currently at +0.18% from its lowest and -0.08% from its highest.

1.8922
1.8972
1.8956

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 LOW record (1 year)

Type : Bearish

Timeframe : Weekly


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 1H of this GBP/AUD chart shows a bearish trend. 71.43% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour



In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour


RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Near resistance of triangle

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.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1R1PriceR2R3
ProTrendLines 1.8216 1.8649 1.8918 1.8955 1.8956 1.9036 1.9075
Change (%) -3.90% -1.62% -0.20% -0.01% - +0.42% +0.63%
Change -0.0740 -0.0307 -0.0038 -0.0001 - +0.0080 +0.0119
Level Minor Major Intermediate Major - Major Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.87811.88431.88861.89481.89911.90531.9096
Camarilla1.88991.89091.89181.89281.89381.89471.8957
Woodie1.87711.88381.88761.89431.89811.90481.9086
Fibonacci1.88431.88831.89081.89481.89881.90131.9053


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.84931.87231.88521.90821.92111.94411.9570
Camarilla1.88831.89161.89491.89821.90151.90481.9081
Woodie1.84441.86981.88031.90571.91621.94161.9521
Fibonacci1.87231.88601.89451.90821.92191.93041.9441


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.86231.88331.90611.92711.94991.97091.9937
Camarilla1.91681.92081.92481.92881.93281.93681.9409
Woodie1.86311.88381.90691.92761.95071.97141.9945
Fibonacci1.88331.90011.91041.92711.94391.95421.9709

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 54.29
MACD (12,26,9): -0.0004
Directional Movement: 8.6273
AROON (14): 64.2857
DEMA (21): 1.8939
Parabolic SAR (0,02-0,02-0,2): 1.8919
Elder Ray (13): 0.0012
Super Trend (3,10): 1.8973
Zig ZAG (10): 1.8957
VORTEX (21): 0.9227
Stochastique (14,3,5): 78.28
TEMA (21): 1.8945
Williams %R (14): -16.67
Chande Momentum Oscillator (20): 0.0042
Repulse (5,40,3): 0.1241
ROCnROLL: -1
TRIX (15,9): -0.0082
Courbe Coppock: 0.18
MA7: 1.8983
MA20: 1.9150
MA50: 1.9259
MA100: 1.9219
MAexp7: 1.8950
MAexp20: 1.8947
MAexp50: 1.8961
MAexp100: 1.8984
Price / MA7: -0.14%
Price / MA20: -1.01%
Price / MA50: -1.57%
Price / MA100: -1.37%
Price / MAexp7: +0.03%
Price / MAexp20: +0.04%
Price / MAexp50: -0.03%
Price / MAexp100: -0.15%

Quotes : - Real time data - Forex

News


The last news published on GBP/AUD at the time of the generation of this analysis was as follows:

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

About author

Londinia
Londinia AI

Online

Overall rating :
15134
Number of analyses :
76983
Followers :
0
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

Add a comment

no pic

Comments

0 comments on the analysis GBP/AUD - 1H

NEW !