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:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 102.76 JPY
My targets
103.45 JPY (+0.42)
104.40 JPY (+1.37)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on AUD/JPY as long as the price remains well above 102.76 JPY. The buyers' bullish objective is set at 103.45 JPY. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 104.40 JPY. If there is any crossing, the next objective would be the resistance located at 105.04 JPY. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.4
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Additional analysis
Quotes
The AUD/JPY rating is 103.03 JPY. The price has increased by +0.18% since the last closing and was between 102.61 JPY and 103.07 JPY. This implies that the price is at +0.41% from its lowest and at -0.04% from its highest.102.61
103.07
103.03
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 AUD/JPY in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near support of channel
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 100.61 | 102.06 | 102.76 | 103.03 | 103.45 | 105.04 |
| Change (%) | -2.35% | -0.94% | -0.26% | - | +0.41% | +1.95% |
| Change | -2.42 | -0.97 | -0.27 | - | +0.42 | +2.01 |
| 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 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): | 58.77 | |
| MACD (12,26,9): | 0.0200 | |
| Directional Movement: | 9.70 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 102.88 | |
| Parabolic SAR (0,02-0,02-0,2): | 102.63 | |
| Elder Ray (13): | 0.15 | |
| Super Trend (3,10): | 102.67 | |
| Zig ZAG (10): | 102.98 | |
| VORTEX (21): | 1.0200 | |
| Stochastique (14,3,5): | 88.87 | |
| TEMA (21): | 102.87 | |
| Williams %R (14): | -15.22 | |
| Chande Momentum Oscillator (20): | 0.20 | |
| Repulse (5,40,3): | 0.1000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.04 |
| MA7: | 102.31 | |
| MA20: | 101.32 | |
| MA50: | 99.76 | |
| MA100: | 98.54 | |
| MAexp7: | 102.90 | |
| MAexp20: | 102.86 | |
| MAexp50: | 102.77 | |
| MAexp100: | 102.56 | |
| Price / MA7: | +0.70% | |
| Price / MA20: | +1.69% | |
| Price / MA50: | +3.28% | |
| Price / MA100: | +4.56% | |
| Price / MAexp7: | +0.13% | |
| Price / MAexp20: | +0.17% | |
| Price / MAexp50: | +0.25% | |
| Price / MAexp100: | +0.46% |
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
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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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