AUD/JPY

- JPY (-)

- Real time data - Forex

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Type:	Forex
Ticker:	AUDJPY
ISIN:

AUD/JPY - 1H - Technical analysis published on 05/03/2024 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

33%

My opinion

Bearish under 101.38 JPY

My targets

99.92 JPY (-0.71)

98.30 JPY (-2.33)

My analysis

AUD/JPY is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 101.38 JPY. The next support located at 99.92 JPY is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 98.30 JPY. Below this support, sellers could then target 98.28 JPY. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

6.1

Comment on the 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 dtaccori. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The AUD/JPY price is 100.63 JPY. The price registered an increase of +0.01% on the session and was between 100.45 JPY and 100.87 JPY. This implies that the price is at +0.18% from its lowest and at -0.24% from its highest.

100.45

100.87

100.63

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:

The study of the highest / lowest by the Central Records scanner shows the following results:

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of AUD/JPY indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
The Central Indicators scanner found this result concerning these indicators:

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

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:

Near support of channel

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	98.28	99.92	100.60	100.63	101.38	102.08	102.75
Change (%)	-2.34%	-0.71%	-0.03%	-	+0.75%	+1.44%	+2.11%
Change	-2.35	-0.71	-0.03	-	+0.75	+1.45	+2.12
Level	Major	Minor	Intermediate	-	Intermediate	Intermediate	Minor

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	98.46	99.47	100.04	101.05	101.62	102.63	103.20
Camarilla	100.19	100.33	100.48	100.62	100.77	100.91	101.06
Woodie	98.25	99.36	99.83	100.94	101.41	102.52	102.99
Fibonacci	99.47	100.07	100.44	101.05	101.65	102.02	102.63

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	91.12	94.45	98.30	101.63	105.48	108.81	112.66
Camarilla	100.18	100.83	101.49	102.15	102.81	103.47	104.13
Woodie	91.38	94.58	98.56	101.76	105.74	108.94	112.92
Fibonacci	94.45	97.19	98.89	101.63	104.37	106.07	108.81

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):	38.84
MACD (12,26,9):	-0.2400
Directional Movement:	-11.02
AROON (14):	-50.00
DEMA (21):	100.47
Parabolic SAR (0,02-0,02-0,2):	101.42
Elder Ray (13):	-0.10
Super Trend (3,10):	101.31
Zig ZAG (10):	100.60
VORTEX (21):	0.8500
Stochastique (14,3,5):	26.19
TEMA (21):	100.49
Williams %R (14):	-67.86
Chande Momentum Oscillator (20):	0.02
Repulse (5,40,3):	0.0800
ROCnROLL:	2
TRIX (15,9):	-0.0400
Courbe Coppock:	0.34

MA7:	101.80
MA20:	100.49
MA50:	99.21
MA100:	98.15
MAexp7:	100.63
MAexp20:	100.81
MAexp50:	101.27
MAexp100:	101.56
Price / MA7:	-1.15%
Price / MA20:	+0.14%
Price / MA50:	+1.43%
Price / MA100:	+2.53%
Price / MAexp7:	-0%
Price / MAexp20:	-0.18%
Price / MAexp50:	-0.63%
Price / MAexp100:	-0.92%

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:

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

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