AUD/JPY

- JPY (-)

- Real time data - Forex

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Type:	Forex
Ticker:	AUDJPY
ISIN:

AUD/JPY - 1H - Technical analysis published on 05/15/2024 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

72%

11%

17%

My opinion

Bullish above 103.45 JPY

My targets

104.40 JPY (+0.68)

105.04 JPY (+1.32)

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 103.45 JPY. The buyers' bullish objective is set at 104.40 JPY. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 105.04 JPY. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.3

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 103.72 JPY. The price has increased by +0.05% since the last closing and was traded between 103.17 JPY and 104.04 JPY over the period. The price is currently at +0.53% from its lowest and -0.31% from its highest.

103.17

104.04

103.72

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

The probability of a further increase is high given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

MACD crosses UP its Moving Average

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, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	R1	Price	R2
ProTrendLines	102.47	103.09	103.45	103.72	103.72	105.04
Change (%)	-1.21%	-0.61%	-0.26%	0%	-	+1.27%
Change	-1.25	-0.63	-0.27	0	-	+1.32
Level	Intermediate	Intermediate	Intermediate	Intermediate	-	Intermediate

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	102.65	102.88	103.27	103.50	103.89	104.12	104.51
Camarilla	103.50	103.56	103.61	103.67	103.73	103.78	103.84
Woodie	102.74	102.92	103.36	103.54	103.98	104.16	104.60
Fibonacci	102.88	103.11	103.26	103.50	103.73	103.88	104.12

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):	55.73
MACD (12,26,9):	0.0100
Directional Movement:	4.47
AROON (14):	-50.00
DEMA (21):	103.59
Parabolic SAR (0,02-0,02-0,2):	103.18
Elder Ray (13):	0.08
Super Trend (3,10):	103.87
Zig ZAG (10):	103.67
VORTEX (21):	1.0000
Stochastique (14,3,5):	62.30
TEMA (21):	103.54
Williams %R (14):	-30.56
Chande Momentum Oscillator (20):	-0.02
Repulse (5,40,3):	0.1400
ROCnROLL:	1
TRIX (15,9):	0.0000
Courbe Coppock:	0.42

MA7:	102.93
MA20:	101.77
MA50:	100.00
MA100:	98.67
MAexp7:	103.59
MAexp20:	103.57
MAexp50:	103.46
MAexp100:	103.20
Price / MA7:	+0.77%
Price / MA20:	+1.92%
Price / MA50:	+3.72%
Price / MA100:	+5.12%
Price / MAexp7:	+0.12%
Price / MAexp20:	+0.14%
Price / MAexp50:	+0.24%
Price / MAexp100:	+0.49%

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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