AUD/JPY
AUD JPY
- JPY (-)
- Real time data - Forex
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Type: Forex
Ticker: AUDJPY
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AUD/JPY - 1H - Technical analysis published on 01/22/2024 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Neutral
Underlying: Bullish
Technical indicators
17%
50%
33%
My opinion
Bullish above 97.15 JPY
My targets
97.80 JPY (+0.28)
98.28 JPY (+0.76)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on AUD/JPY. As long as you are above the support located at 97.15 JPY, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 97.80 JPY would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 98.28 JPY as an objective. Crossing it would then enable buyers to target 105.04 JPY. If the support 97.15 JPY were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

In the very short term, technical indicators are in opposition with the general bullish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
1.1

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 Danny_gujjar. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The AUD/JPY rating is 97.52 JPY. The price is lower by -0.22% since the last closing and was between 97.43 JPY and 97.88 JPY. This implies that the price is at +0.09% from its lowest and at -0.37% from its highest.

97.43
97.88
97.52

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of AUD/JPY in 1H shows an overall bullish trend. 67.86% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. An assessment of moving averages reveals a bullish signal that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour



An assessment of technical indicators shows a slightly bearish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

MACD indicator is back under 0

Type : Bearish

Timeframe : 1 hour



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 96.82 97.15 97.47 97.52 97.80 98.28 105.04
Change (%) -0.72% -0.38% -0.05% - +0.29% +0.78% +7.71%
Change -0.70 -0.37 -0.05 - +0.28 +0.76 +7.52
Level Minor Intermediate Minor - Intermediate Major Intermediate



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard97.1797.3097.5297.6597.8798.0098.22
Camarilla97.6397.6797.7097.7397.7697.7997.83
Woodie97.2197.3297.5697.6797.9198.0298.26
Fibonacci97.3097.4497.5297.6597.7997.8798.00


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard95.7596.1796.9597.3798.1598.5799.35
Camarilla97.4097.5197.6297.7397.8497.9598.06
Woodie95.9396.2697.1397.4698.3398.6699.53
Fibonacci96.1796.6396.9197.3797.8398.1198.57


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard89.4891.6193.8295.9598.16100.29102.50
Camarilla94.8595.2495.6496.0496.4496.8497.23
Woodie89.5391.6393.8795.9798.21100.31102.55
Fibonacci91.6193.2794.2995.9597.6198.63100.29

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): 45.46
MACD (12,26,9): 0.0000
Directional Movement: -3.15
AROON (14): -42.86
DEMA (21): 97.60
Parabolic SAR (0,02-0,02-0,2): 97.68
Elder Ray (13): -0.07
Super Trend (3,10): 97.40
Zig ZAG (10): 97.52
VORTEX (21): 1.0000
Stochastique (14,3,5): 22.96
TEMA (21): 97.53
Williams %R (14): -77.78
Chande Momentum Oscillator (20): -0.16
Repulse (5,40,3): -0.0200
ROCnROLL: -1
TRIX (15,9): 0.0000
Courbe Coppock: 0.36
MA7: 97.23
MA20: 96.96
MA50: 96.91
MA100: 96.05
MAexp7: 97.56
MAexp20: 97.59
MAexp50: 97.50
MAexp100: 97.34
Price / MA7: +0.30%
Price / MA20: +0.58%
Price / MA50: +0.63%
Price / MA100: +1.53%
Price / MAexp7: -0.04%
Price / MAexp20: -0.07%
Price / MAexp50: +0.02%
Price / MAexp100: +0.18%

Quotes : - Real time data - Forex

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

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