AUD/JPY - 1H - Technical analysis published on 05/14/2024 (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
67%
0%
33%
My opinion
Bullish above 102.47 JPY
My targets
104.40 JPY (+1.03)
105.04 JPY (+1.67)
My analysis
AUD/JPY is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 102.47 JPY. The next resistance located at 104.40 JPY is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 105.04 JPY. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.2
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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 103.37 JPY. The price has increased by +0.08% since the last closing and was between 103.18 JPY and 103.41 JPY. This implies that the price is at +0.18% from its lowest and at -0.04% from its highest.103.18
103.41
103.37
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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 HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this AUD/JPY chart shows a strongly 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 scanner does not detect any result on moving averages that would impact this trend.
The technical indicators are bullish. There is still some doubt about the price increase.
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
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 resistance of channel
Type : Bearish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 100.61 | 101.58 | 102.47 | 103.37 | 103.45 | 105.04 |
| Change (%) | -2.67% | -1.73% | -0.87% | - | +0.08% | +1.62% |
| Change | -2.76 | -1.79 | -0.90 | - | +0.08 | +1.67 |
| Level | Major | Minor | Minor | - | Major | 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 | 102.14 | 102.38 | 102.83 | 103.07 | 103.52 | 103.76 | 104.21 |
| Camarilla | 103.10 | 103.16 | 103.23 | 103.29 | 103.35 | 103.42 | 103.48 |
| Woodie | 102.26 | 102.43 | 102.95 | 103.12 | 103.64 | 103.81 | 104.33 |
| Fibonacci | 102.38 | 102.64 | 102.80 | 103.07 | 103.33 | 103.49 | 103.76 |
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): | 64.97 | |
| MACD (12,26,9): | 0.0800 | |
| Directional Movement: | 7.49 | |
| AROON (14): | 71.42 | |
| DEMA (21): | 103.35 | |
| Parabolic SAR (0,02-0,02-0,2): | 103.23 | |
| Elder Ray (13): | 0.05 | |
| Super Trend (3,10): | 103.03 | |
| Zig ZAG (10): | 103.38 | |
| VORTEX (21): | 1.0800 | |
| Stochastique (14,3,5): | 84.52 | |
| TEMA (21): | 103.36 | |
| Williams %R (14): | -14.29 | |
| Chande Momentum Oscillator (20): | 0.17 | |
| Repulse (5,40,3): | 0.1300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.17 |
| MA7: | 102.67 | |
| MA20: | 101.54 | |
| MA50: | 99.88 | |
| MA100: | 98.60 | |
| MAexp7: | 103.31 | |
| MAexp20: | 103.24 | |
| MAexp50: | 103.07 | |
| MAexp100: | 102.82 | |
| Price / MA7: | +0.68% | |
| Price / MA20: | +1.80% | |
| Price / MA50: | +3.49% | |
| Price / MA100: | +4.84% | |
| Price / MAexp7: | +0.06% | |
| Price / MAexp20: | +0.13% | |
| Price / MAexp50: | +0.29% | |
| Price / MAexp100: | +0.53% |
Quotes :
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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:
-
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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