AUD/JPY - 1H - Technical analysis published on 05/13/2024 (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:
Bearish
Underlying:
Bullish
Technical indicators
17%
28%
56%
My opinion
Bullish above 102.06 JPY
My targets
103.45 JPY (+0.67)
104.40 JPY (+1.62)
My analysis
With a bullish background trend, the price of AUD/JPY is trying to inflate a little with a slight short-term relapse. At this stage, no trend reversal is in sight. Globally, buyers have the upper hand. Traders could allow themselves to trade long positions (at the time of purchase) as long as the price remains above the support located at 102.06 JPY. A bullish break in the resistance located at 103.45 JPY would boost the bullish momentum and fuel the basic trend. Then the price could move towards 104.40 JPY. Then 105.04 JPY by extension. It would be safer to wait for a bullish break in the resistance located at 103.45 JPY before allowing yourself to re trade long positions (at purchase) on AUD/JPY. PS: if there is a bearish break in the support located at 102.06 JPY we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
1.1
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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 102.78 JPY. On the day, this instrument lost -0.07% with the lowest point at 102.61 JPY and the highest point at 102.96 JPY. The deviation from the price is +0.17% for the low point and -0.17% for the high point.102.61
102.96
102.78
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
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. 67.86% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently being given by short-term moving averages indicate that this bullish trend may be running out of steam. 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.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
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 this signal:
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
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 100.61 | 102.06 | 102.76 | 102.78 | 103.45 | 105.04 |
| Change (%) | -2.11% | -0.70% | -0.02% | - | +0.65% | +2.20% |
| Change | -2.17 | -0.72 | -0.02 | - | +0.67 | +2.26 |
| Level | Major | Minor | Major | - | Intermediate | 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 | 102.42 | 102.60 | 102.72 | 102.90 | 103.02 | 103.20 | 103.32 |
| Camarilla | 102.77 | 102.80 | 102.82 | 102.85 | 102.88 | 102.91 | 102.93 |
| Woodie | 102.40 | 102.59 | 102.70 | 102.89 | 103.00 | 103.19 | 103.30 |
| Fibonacci | 102.60 | 102.71 | 102.78 | 102.90 | 103.01 | 103.08 | 103.20 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 99.41 | 100.18 | 101.52 | 102.29 | 103.63 | 104.40 | 105.74 |
| Camarilla | 102.27 | 102.46 | 102.66 | 102.85 | 103.04 | 103.24 | 103.43 |
| Woodie | 99.69 | 100.32 | 101.80 | 102.43 | 103.91 | 104.54 | 106.02 |
| Fibonacci | 100.18 | 100.99 | 101.49 | 102.29 | 103.10 | 103.60 | 104.40 |
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): | 47.02 | |
| MACD (12,26,9): | -0.0200 | |
| Directional Movement: | -6.30 | |
| AROON (14): | -71.43 | |
| DEMA (21): | 102.82 | |
| Parabolic SAR (0,02-0,02-0,2): | 102.91 | |
| Elder Ray (13): | -0.04 | |
| Super Trend (3,10): | 102.62 | |
| Zig ZAG (10): | 102.78 | |
| VORTEX (21): | 0.9500 | |
| Stochastique (14,3,5): | 44.14 | |
| TEMA (21): | 102.74 | |
| Williams %R (14): | -56.76 | |
| Chande Momentum Oscillator (20): | -0.17 | |
| Repulse (5,40,3): | 0.0000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.32 |
| MA7: | 102.28 | |
| MA20: | 101.31 | |
| MA50: | 99.76 | |
| MA100: | 98.53 | |
| MAexp7: | 102.78 | |
| MAexp20: | 102.82 | |
| MAexp50: | 102.74 | |
| MAexp100: | 102.53 | |
| Price / MA7: | +0.49% | |
| Price / MA20: | +1.45% | |
| Price / MA50: | +3.03% | |
| Price / MA100: | +4.31% | |
| Price / MAexp7: | +0.01% | |
| Price / MAexp20: | -0.03% | |
| Price / MAexp50: | +0.05% | |
| Price / MAexp100: | +0.25% |
Quotes :
-
Real time data
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Forex
News
The latest news and videos published on AUD/JPY at the time of the analysis were as follows:
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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.
About author
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