GBP/MXN
-
MXN
(-)
- Real time data - Forex
| Open: | - |
| Change: | - |
| Volume: | - |
| Low: | - |
| High: | - |
| High / Low range: | - |
| Type: | Forex |
| Ticker: | GBPMXN |
| ISIN: |
GBP/MXN - 1H - Technical analysis published on 12/18/2024 (GMT)
- 81
- 0
- 12/18/2024 - 18:00
- Timeframe : 1H
- - Analysis generated on 12/18/2024 - 18:00
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Neutral
Technical indicators
28%
33%
39%
My opinion
Neutral between 25.6192 MXN and 25.7355 MXN
My targets
-
My analysis
The basic trend is neutral and the short term is tentatively bullish. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 25.7355 MXN. The first support is located at 25.6192 MXN. However, the chances of finding the first resistance before the first support are slightly higher. Without a basic trend, it is be important to monitor the price response at these levels. A bullish break in resistance or a bearish break in support could provide a signal that would set a new direction for the basic trend. On the other hand, if the price is blocked by resistance or support, it could be attractive to trade against the trend on the last short-term movement registered by GBP/MXN.
Technical indicators are neutral in the very short term and are not able to influence the opinion of this analysis.
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 Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The GBP/MXN price is 25.6461 MXN. The price has increased by +0.00% since the last closing and was between 25.4913 MXN and 25.7155 MXN. This implies that the price is at +0.61% from its lowest and at -0.27% from its highest.25.4913
25.7155
25.6461
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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 HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of GBP/MXN in 1H shows a neutral overall trend. This indecision could turn into a bullish trend due to the bullish signals currently being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 7 are neutral and 6 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
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 | 25.4359 | 25.4934 | 25.6192 | 25.6461 | 25.6666 | 25.7355 | 25.8316 |
| Change (%) | -0.82% | -0.60% | -0.10% | - | +0.08% | +0.35% | +0.72% |
| Change | -0.2102 | -0.1527 | -0.0269 | - | +0.0205 | +0.0894 | +0.1855 |
| Level | Minor | Major | Intermediate | - | Intermediate | Minor | Intermediate |
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 | 25.1901 | 25.3427 | 25.4947 | 25.6473 | 25.7993 | 25.9519 | 26.1039 |
| Camarilla | 25.5629 | 25.5909 | 25.6188 | 25.6467 | 25.6746 | 25.7025 | 25.7305 |
| Woodie | 25.1898 | 25.3426 | 25.4944 | 25.6472 | 25.7990 | 25.9518 | 26.1036 |
| Fibonacci | 25.3427 | 25.4591 | 25.5309 | 25.6473 | 25.7637 | 25.8355 | 25.9519 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 24.6865 | 25.0301 | 25.2143 | 25.5579 | 25.7421 | 26.0857 | 26.2699 |
| Camarilla | 25.2535 | 25.3018 | 25.3502 | 25.3986 | 25.4470 | 25.4954 | 25.5438 |
| Woodie | 24.6069 | 24.9903 | 25.1347 | 25.5181 | 25.6625 | 26.0459 | 26.1903 |
| Fibonacci | 25.0301 | 25.2317 | 25.3563 | 25.5579 | 25.7595 | 25.8841 | 26.0857 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 23.9384 | 24.6750 | 25.3078 | 26.0444 | 26.6772 | 27.4138 | 28.0466 |
| Camarilla | 25.5641 | 25.6896 | 25.8152 | 25.9407 | 26.0662 | 26.1918 | 26.3173 |
| Woodie | 23.8866 | 24.6491 | 25.2560 | 26.0185 | 26.6254 | 27.3879 | 27.9948 |
| Fibonacci | 24.6750 | 25.1981 | 25.5213 | 26.0444 | 26.5675 | 26.8907 | 27.4138 |
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): | 46.42 | |
| MACD (12,26,9): | -0.0097 | |
| Directional Movement: | -4.3517 | |
| AROON (14): | -50.0000 | |
| DEMA (21): | 25.6016 | |
| Parabolic SAR (0,02-0,02-0,2): | 25.4943 | |
| Elder Ray (13): | -0.0101 | |
| Super Trend (3,10): | 25.6818 | |
| Zig ZAG (10): | 25.5895 | |
| VORTEX (21): | 0.9365 | |
| Stochastique (14,3,5): | 43.26 | |
| TEMA (21): | 25.5786 | |
| Williams %R (14): | -52.45 | |
| Chande Momentum Oscillator (20): | -0.0663 | |
| Repulse (5,40,3): | 0.1167 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0001 | |
| Courbe Coppock: | 0.52 |
| MA7: | 25.6101 | |
| MA20: | 25.7554 | |
| MA50: | 25.8162 | |
| MA100: | 25.6008 | |
| MAexp7: | 25.5878 | |
| MAexp20: | 25.6075 | |
| MAexp50: | 25.5974 | |
| MAexp100: | 25.5971 | |
| Price / MA7: | +0.14% | |
| Price / MA20: | -0.42% | |
| Price / MA50: | -0.66% | |
| Price / MA100: | +0.18% | |
| Price / MAexp7: | +0.23% | |
| Price / MAexp20: | +0.15% | |
| Price / MAexp50: | +0.19% | |
| Price / MAexp100: | +0.19% |
Quotes :
12/18/2024 - 18:00
-
Real time data
-
Forex
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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