AUD/JPY - 1H - Technical analysis published on 12/01/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
56%
6%
39%
My opinion
Bullish above 97.81 JPY
My targets
98.28 JPY (+0.26)
98.54 JPY (+0.52)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on AUD/JPY. This is a positive signal for buyers. As long as the price remains above 97.81 JPY, a purchase could be considered. The first bullish objective is located at 98.28 JPY. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 98.54 JPY as an objective. Crossing it would then enable buyers to target 105.04 JPY. In the event of a return below 97.81 JPY, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.9
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Additional analysis
Quotes
The AUD/JPY rating is 98.02 JPY. The price registered an increase of +0.25% on the session with the lowest point at 97.69 JPY and the highest point at 98.07 JPY. The deviation from the price is +0.34% for the low point and -0.05% for the high point.97.69
98.07
98.02
Here is a more detailed summary of the historical variations registered by AUD/JPY:
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
Technical analysis of this 1H chart of AUD/JPY indicates that the overall trend is bullish. 75.00% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further increase are moderate given the direction of the technical indicators.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal resistance
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
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 97.66 | 97.81 | 97.98 | 98.02 | 98.28 | 98.54 | 105.04 |
| Change (%) | -0.37% | -0.21% | -0.04% | - | +0.27% | +0.53% | +7.16% |
| Change | -0.36 | -0.21 | -0.04 | - | +0.26 | +0.52 | +7.02 |
| Level | Minor | Intermediate | Intermediate | - | Major | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 96.49 | 96.87 | 97.33 | 97.71 | 98.17 | 98.55 | 99.01 |
| Camarilla | 97.55 | 97.63 | 97.70 | 97.78 | 97.86 | 97.93 | 98.01 |
| Woodie | 96.52 | 96.89 | 97.36 | 97.73 | 98.20 | 98.57 | 99.04 |
| Fibonacci | 96.87 | 97.19 | 97.39 | 97.71 | 98.03 | 98.23 | 98.55 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 95.61 | 96.22 | 97.32 | 97.93 | 99.03 | 99.64 | 100.74 |
| Camarilla | 97.95 | 98.11 | 98.26 | 98.42 | 98.58 | 98.73 | 98.89 |
| Woodie | 95.86 | 96.34 | 97.57 | 98.05 | 99.28 | 99.76 | 100.99 |
| Fibonacci | 96.22 | 96.87 | 97.28 | 97.93 | 98.58 | 98.99 | 99.64 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 93.02 | 94.31 | 96.05 | 97.34 | 99.08 | 100.37 | 102.11 |
| Camarilla | 96.95 | 97.23 | 97.50 | 97.78 | 98.06 | 98.34 | 98.61 |
| Woodie | 93.24 | 94.42 | 96.27 | 97.45 | 99.30 | 100.48 | 102.33 |
| Fibonacci | 94.31 | 95.47 | 96.19 | 97.34 | 98.50 | 99.22 | 100.37 |
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): | 55.64 | |
| MACD (12,26,9): | 0.0700 | |
| Directional Movement: | -1.25 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 98.01 | |
| Parabolic SAR (0,02-0,02-0,2): | 97.81 | |
| Elder Ray (13): | 0.04 | |
| Super Trend (3,10): | 97.62 | |
| Zig ZAG (10): | 97.98 | |
| VORTEX (21): | 1.0200 | |
| Stochastique (14,3,5): | 73.83 | |
| TEMA (21): | 98.03 | |
| Williams %R (14): | -32.26 | |
| Chande Momentum Oscillator (20): | 0.09 | |
| Repulse (5,40,3): | 0.0000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.25 |
| MA7: | 97.96 | |
| MA20: | 97.46 | |
| MA50: | 96.13 | |
| MA100: | 95.24 | |
| MAexp7: | 97.98 | |
| MAexp20: | 97.92 | |
| MAexp50: | 97.84 | |
| MAexp100: | 97.85 | |
| Price / MA7: | +0.06% | |
| Price / MA20: | +0.57% | |
| Price / MA50: | +1.97% | |
| Price / MA100: | +2.92% | |
| Price / MAexp7: | +0.04% | |
| Price / MAexp20: | +0.10% | |
| Price / MAexp50: | +0.18% | |
| Price / MAexp100: | +0.17% |
Quotes :
-
Real time data
-
Forex
News
The last news published on AUD/JPY at the time of the generation of this analysis was as follows:
-
AUD/JPY Forecast January 6, 2023
-
AUD/JPY Forecast December 16, 2022
-
Risk event for the week: Long #AUDJPY
-
Trade of the Week: long AUD/JPY
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Market Sentiment Webinar: Positive for USD, Bullish Signal on AUD/JPY
This member declared not having a position on this financial instrument or a related financial instrument.
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