AUD/JPY

- JPY (-)

- Real time data - Forex

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Type:	Forex
Ticker:	AUDJPY
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AUD/JPY - 1H - Technical analysis published on 05/16/2024 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

83%

17%

My opinion

Bullish above 103.45 JPY

My targets

104.04 JPY (+0.28)

105.04 JPY (+1.28)

My analysis

The basic bullish trend is very strong on AUD/JPY but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 103.45 JPY. Crossing the first resistance at 104.04 JPY would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 105.04 JPY as an objective. Caution, a return to below 103.45 JPY would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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

7.7

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 rating is 103.76 JPY. On the day, this instrument gained +0.37% and was traded between 102.80 JPY and 103.76 JPY over the period. The price is currently at +0.93% from its lowest and 0% from its highest.

102.80

103.76

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 LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of AUD/JPY indicates that the overall trend is strongly bullish. 85.71% 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 does not detect any result on moving averages that would impact this trend.

In fact, according to the parameters integrated into the Central Analyzer system, 15 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 Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Bearish harami

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	103.09	103.45	103.72	103.76	104.04	105.04
Change (%)	-0.65%	-0.30%	-0.04%	-	+0.27%	+1.23%
Change	-0.67	-0.31	-0.04	-	+0.28	+1.28
Level	Intermediate	Minor	Minor	-	Intermediate	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	102.15	102.66	103.02	103.53	103.89	104.40	104.76
Camarilla	103.14	103.22	103.30	103.38	103.46	103.54	103.62
Woodie	102.08	102.62	102.95	103.49	103.82	104.36	104.69
Fibonacci	102.66	102.99	103.20	103.53	103.86	104.07	104.40

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):	63.53
MACD (12,26,9):	0.0300
Directional Movement:	8.40
AROON (14):	92.86
DEMA (21):	103.41
Parabolic SAR (0,02-0,02-0,2):	102.90
Elder Ray (13):	0.21
Super Trend (3,10):	103.08
Zig ZAG (10):	103.72
VORTEX (21):	1.0000
Stochastique (14,3,5):	97.67
TEMA (21):	103.48
Williams %R (14):	-1.11
Chande Momentum Oscillator (20):	0.69
Repulse (5,40,3):	0.4100
ROCnROLL:	1
TRIX (15,9):	-0.0100
Courbe Coppock:	0.44

MA7:	103.13
MA20:	101.98
MA50:	100.11
MA100:	98.74
MAexp7:	103.53
MAexp20:	103.40
MAexp50:	103.39
MAexp100:	103.23
Price / MA7:	+0.61%
Price / MA20:	+1.75%
Price / MA50:	+3.65%
Price / MA100:	+5.08%
Price / MAexp7:	+0.22%
Price / MAexp20:	+0.35%
Price / MAexp50:	+0.36%
Price / MAexp100:	+0.51%

Quotes : - Real time data - Forex

News

Don't forget to follow the news on AUD/JPY. At the time of publication of this analysis, the latest news was as follows:

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

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