GBP/AUD - 1H - Technical analysis published on 12/09/2024 (GMT)
- 162
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bullish
Technical indicators
17%
56%
28%
My opinion
Bearish under 1.9897 AUD
My targets
1.9749 AUD (-0.0071)
1.9613 AUD (-0.0207)
My analysis
The current short-term bearish trend is expected to quickly reset the neutral or bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for GBP/AUD as long as the price remains well below 1.9897 AUD. The next bearish objective for sellers is set at 1.9749 AUD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 1.9613 AUD. In case of crossing, the next objective would be the support located at 1.9545 AUD. As the basic trend is not clearly displayed, attention should be paid to the price response to the support located at 1.9749 AUD. With this support, against the trend traders who want to buy GBP/AUD on a buy signal from their trading strategy should not hesitate to act.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
1.6
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.
This analysis was given by GCrow. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GBP/AUD rating is 1.9820 AUD. The price is lower by -0.60% since the last closing and was traded between 1.9818 AUD and 1.9945 AUD over the period. The price is currently at +0.01% from its lowest and -0.63% from its highest.1.9818
1.9945
1.9820
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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/AUD chart shows a slightly bullish trend. 57.14% of the signals given by moving averages are bullish. Caution: a reversal of the trend could be possible given the strong bearish signals of short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
The probability of a further decline is moderate given the direction of the technical indicators.
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
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 1.9545 | 1.9613 | 1.9749 | 1.9820 | 1.9829 | 1.9897 | 1.9976 |
| Change (%) | -1.39% | -1.04% | -0.36% | - | +0.05% | +0.39% | +0.79% |
| Change | -0.0275 | -0.0207 | -0.0071 | - | +0.0009 | +0.0077 | +0.0156 |
| Level | Intermediate | Minor | Minor | - | Minor | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.9623 | 1.9701 | 1.9820 | 1.9898 | 2.0017 | 2.0095 | 2.0214 |
| Camarilla | 1.9885 | 1.9903 | 1.9921 | 1.9939 | 1.9957 | 1.9975 | 1.9993 |
| Woodie | 1.9644 | 1.9711 | 1.9841 | 1.9908 | 2.0038 | 2.0105 | 2.0235 |
| Fibonacci | 1.9701 | 1.9776 | 1.9823 | 1.9898 | 1.9973 | 2.0020 | 2.0095 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.9170 | 1.9338 | 1.9639 | 1.9807 | 2.0108 | 2.0276 | 2.0577 |
| Camarilla | 1.9810 | 1.9853 | 1.9896 | 1.9939 | 1.9982 | 2.0025 | 2.0068 |
| Woodie | 1.9236 | 1.9371 | 1.9705 | 1.9840 | 2.0174 | 2.0309 | 2.0643 |
| Fibonacci | 1.9338 | 1.9518 | 1.9628 | 1.9807 | 1.9987 | 2.0097 | 2.0276 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.8707 | 1.8968 | 1.9261 | 1.9522 | 1.9815 | 2.0076 | 2.0369 |
| Camarilla | 1.9403 | 1.9453 | 1.9504 | 1.9555 | 1.9606 | 1.9657 | 1.9707 |
| Woodie | 1.8724 | 1.8976 | 1.9278 | 1.9530 | 1.9832 | 2.0084 | 2.0386 |
| Fibonacci | 1.8968 | 1.9179 | 1.9310 | 1.9522 | 1.9733 | 1.9864 | 2.0076 |
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): | 36.63 | |
| MACD (12,26,9): | 0.0008 | |
| Directional Movement: | -12.3341 | |
| AROON (14): | -100.0000 | |
| DEMA (21): | 1.9921 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.9942 | |
| Elder Ray (13): | -0.0049 | |
| Super Trend (3,10): | 1.9945 | |
| Zig ZAG (10): | 1.9843 | |
| VORTEX (21): | 0.9190 | |
| Stochastique (14,3,5): | 17.41 | |
| TEMA (21): | 1.9900 | |
| Williams %R (14): | -98.17 | |
| Chande Momentum Oscillator (20): | -0.0097 | |
| Repulse (5,40,3): | -0.4554 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0159 | |
| Courbe Coppock: | 0.38 |
| MA7: | 1.9708 | |
| MA20: | 1.9548 | |
| MA50: | 1.9521 | |
| MA100: | 1.9512 | |
| MAexp7: | 1.9894 | |
| MAexp20: | 1.9903 | |
| MAexp50: | 1.9858 | |
| MAexp100: | 1.9779 | |
| Price / MA7: | +0.57% | |
| Price / MA20: | +1.39% | |
| Price / MA50: | +1.53% | |
| Price / MA100: | +1.58% | |
| Price / MAexp7: | -0.37% | |
| Price / MAexp20: | -0.42% | |
| Price / MAexp50: | -0.19% | |
| Price / MAexp100: | +0.21% |
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:
-
GBP/AUD Forecast August 28, 2024
-
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
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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
Comments
0 comments on the analysis GBP/AUD - 1H