AUD/JPY - 1H - Technical analysis published on 04/29/2024 (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:
Strongly bullish
Technical indicators
33%
28%
39%
My opinion
Bullish above 102.01 JPY
My targets
104.92 JPY (+2.08)
105.04 JPY (+2.20)
My analysis
The basic bullish trend is very strong on AUD/JPY but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 102.01 JPY. Crossing the first resistance at 104.92 JPY would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 105.04 JPY as an objective. Caution, a return to below 102.01 JPY would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
4.5
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This analysis was given by dtaccori. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AUD/JPY rating 102.84 JPY. On the day, this instrument lost -0.59% with the lowest point at 101.38 JPY and the highest point at 104.96 JPY. The deviation from the price is +1.44% for the low point and -2.02% for the high point.101.38
104.96
102.84
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
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:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
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
A technical analysis in 1H of this AUD/JPY chart shows a strongly bullish trend. The signals given by moving averages are 82.14% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 7 are neutral and 5 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
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 support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 99.58 | 100.60 | 101.66 | 102.84 | 105.04 |
| Change (%) | -3.17% | -2.18% | -1.15% | - | +2.14% |
| Change | -3.26 | -2.24 | -1.18 | - | +2.20 |
| Level | Major | 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 | 100.01 | 100.71 | 102.08 | 102.78 | 104.15 | 104.85 | 106.22 |
| Camarilla | 102.88 | 103.07 | 103.26 | 103.45 | 103.64 | 103.83 | 104.02 |
| Woodie | 100.35 | 100.88 | 102.42 | 102.95 | 104.49 | 105.02 | 106.56 |
| Fibonacci | 100.71 | 101.50 | 101.99 | 102.78 | 103.57 | 104.06 | 104.85 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 96.16 | 97.63 | 100.54 | 102.01 | 104.92 | 106.39 | 109.30 |
| Camarilla | 102.25 | 102.65 | 103.05 | 103.45 | 103.85 | 104.25 | 104.66 |
| Woodie | 96.88 | 97.99 | 101.26 | 102.37 | 105.64 | 106.75 | 110.02 |
| Fibonacci | 97.63 | 99.30 | 100.34 | 102.01 | 103.68 | 104.72 | 106.39 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 93.62 | 95.26 | 96.91 | 98.55 | 100.20 | 101.84 | 103.49 |
| Camarilla | 97.66 | 97.96 | 98.26 | 98.56 | 98.86 | 99.16 | 99.47 |
| Woodie | 93.63 | 95.26 | 96.92 | 98.55 | 100.21 | 101.84 | 103.50 |
| Fibonacci | 95.26 | 96.52 | 97.29 | 98.55 | 99.81 | 100.58 | 101.84 |
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): | 50.57 | |
| MACD (12,26,9): | -0.0300 | |
| Directional Movement: | -11.58 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 102.83 | |
| Parabolic SAR (0,02-0,02-0,2): | 103.39 | |
| Elder Ray (13): | 0.01 | |
| Super Trend (3,10): | 104.05 | |
| Zig ZAG (10): | 102.80 | |
| VORTEX (21): | 0.9500 | |
| Stochastique (14,3,5): | 38.87 | |
| TEMA (21): | 102.55 | |
| Williams %R (14): | -57.69 | |
| Chande Momentum Oscillator (20): | -1.82 | |
| Repulse (5,40,3): | 0.3200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 2.11 |
| MA7: | 101.16 | |
| MA20: | 100.14 | |
| MA50: | 99.00 | |
| MA100: | 97.92 | |
| MAexp7: | 102.69 | |
| MAexp20: | 102.81 | |
| MAexp50: | 102.49 | |
| MAexp100: | 101.83 | |
| Price / MA7: | +1.66% | |
| Price / MA20: | +2.70% | |
| Price / MA50: | +3.88% | |
| Price / MA100: | +5.02% | |
| Price / MAexp7: | +0.15% | |
| Price / MAexp20: | +0.03% | |
| Price / MAexp50: | +0.34% | |
| Price / MAexp100: | +0.99% |
Quotes :
-
Real time data
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Forex
News
Don't forget to follow the news on AUD/JPY. At the time of publication of this analysis, the latest news 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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