GEMINI DOLLAR - GUSD/USD - 1H - Technical analysis published on 10/08/2022 (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
Short term:
Bullish
Underlying:
Bullish
Technical indicators
56%
17%
28%
My opinion
Bullish above 0.993767 USD
My targets
1.001670 USD (+0.28%)
1.030000 USD (+3.11%)
My analysis
A bullish trend on GEMINI DOLLAR - GUSD/USD both in substance and in the short term. A purchase could be considered as long as the price remains above 0.993767 USD. Each resistance break is a strong signal that the current trend will continue. The first bullish objective would be 1.001670 USD. Then the price could move towards 1.030000 USD. Then 1.044880 USD by extension. Be careful, a return below 0.993767 USD would be a sign of the trend weakening and a possible correction phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend could be riskier.
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
4.1
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Additional analysis
Quotes
The GEMINI DOLLAR - GUSD/USD price is 0.998900 USD. The price is lower by -0.01% since the last closing and was between 0.995200 USD and 1.001000 USD. This implies that the price is at +0.37% from its lowest and at -0.21% from its highest.0.995200
1.001000
0.998900
Here is a more detailed summary of the historical variations registered by GEMINI DOLLAR - GUSD/USD:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of GEMINI DOLLAR - GUSD/USD in 1H shows an overall bullish trend. The signals given by moving averages are 64.29% bullish. This bullish trend is slowing down slightly given the slightly bullish signals of short-term moving averages. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : 1 hour
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
In fact, 10 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.988000 | 0.993767 | 0.996300 | 0.998900 | 0.998967 | 1.001670 | 1.030000 |
| Change (%) | -1.09% | -0.51% | -0.26% | - | +0.01% | +0.28% | +3.11% |
| Change | -0.010900 | -0.005133 | -0.002600 | - | +0.000067 | +0.002770 | +0.031100 |
| Level | Minor | Intermediate | Minor | - | Minor | Major | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.984500 | 0.988200 | 0.993600 | 0.997300 | 1.002700 | 1.006400 | 1.011800 |
| Camarilla | 0.996498 | 0.997332 | 0.998166 | 0.999000 | 0.999834 | 1.000668 | 1.001503 |
| Woodie | 0.985350 | 0.988625 | 0.994450 | 0.997725 | 1.003550 | 1.006825 | 1.012650 |
| Fibonacci | 0.988200 | 0.991676 | 0.993824 | 0.997300 | 1.000776 | 1.002924 | 1.006400 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.955500 | 0.965000 | 0.982000 | 0.991500 | 1.008500 | 1.018000 | 1.035000 |
| Camarilla | 0.991713 | 0.994142 | 0.996571 | 0.999000 | 1.001429 | 1.003858 | 1.006288 |
| Woodie | 0.959250 | 0.966875 | 0.985750 | 0.993375 | 1.012250 | 1.019875 | 1.038750 |
| Fibonacci | 0.965000 | 0.975123 | 0.981377 | 0.991500 | 1.001623 | 1.007877 | 1.018000 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.949967 | 0.962233 | 0.980467 | 0.992733 | 1.010967 | 1.023233 | 1.041467 |
| Camarilla | 0.990313 | 0.993108 | 0.995904 | 0.998700 | 1.001496 | 1.004292 | 1.007088 |
| Woodie | 0.952950 | 0.963725 | 0.983450 | 0.994225 | 1.013950 | 1.024725 | 1.044450 |
| Fibonacci | 0.962233 | 0.973884 | 0.981082 | 0.992733 | 1.004384 | 1.011582 | 1.023233 |
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): | 48.45 | |
| MACD (12,26,9): | 0.0004 | |
| Directional Movement: | -13.726008 | |
| AROON (14): | -21.428572 | |
| DEMA (21): | 0.998161 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.000640 | |
| Elder Ray (13): | -0.001843 | |
| Super Trend (3,10): | 1.001117 | |
| Zig ZAG (10): | 0.996600 | |
| VORTEX (21): | 0.9747 | |
| Stochastique (14,3,5): | 60.44 | |
| TEMA (21): | 0.997808 | |
| Williams %R (14): | -48.35 | |
| Chande Momentum Oscillator (20): | 0.000400 | |
| Repulse (5,40,3): | 0.0888 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0048 | |
| Courbe Coppock: | 0.37 |
| MA7: | 0.997400 | |
| MA20: | 0.997875 | |
| MA50: | 0.998644 | |
| MA100: | 0.991608 | |
| MAexp7: | 0.997635 | |
| MAexp20: | 0.997657 | |
| MAexp50: | 0.996977 | |
| MAexp100: | 0.996492 | |
| Price / MA7: | +0.15% | |
| Price / MA20: | +0.10% | |
| Price / MA50: | +0.03% | |
| Price / MA100: | +0.74% | |
| Price / MAexp7: | +0.13% | |
| Price / MAexp20: | +0.12% | |
| Price / MAexp50: | +0.19% | |
| Price / MAexp100: | +0.24% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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…
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