AUD/JPY - 1H - Technical analysis published on 05/20/2024 (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:
Bullish
Underlying:
Strongly bullish
Technical indicators
56%
6%
39%
My opinion
Bullish above 104.00 JPY
My targets
105.04 JPY (+0.78)
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 104.00 JPY. Crossing the first resistance at 105.04 JPY would be a sign of a potential new surge in the price. Caution, a return to below 104.00 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.
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
6.6
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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 rating is 104.26 JPY. The price has increased by +0.08% since the last closing and was between 103.91 JPY and 104.57 JPY. This implies that the price is at +0.34% from its lowest and at -0.30% from its highest.103.91
104.57
104.26
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
A study of price movements over other periods shows the following variations:
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
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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a moderate bullish signal.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 103.45 | 103.62 | 104.00 | 104.26 | 105.04 |
| Change (%) | -0.78% | -0.61% | -0.25% | - | +0.75% |
| Change | -0.81 | -0.64 | -0.26 | - | +0.78 |
| Level | Minor | Minor | 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 | 103.09 | 103.35 | 103.77 | 104.03 | 104.45 | 104.71 | 105.13 |
| Camarilla | 103.99 | 104.06 | 104.12 | 104.18 | 104.24 | 104.31 | 104.37 |
| Woodie | 103.16 | 103.39 | 103.84 | 104.07 | 104.52 | 104.75 | 105.20 |
| Fibonacci | 103.35 | 103.61 | 103.77 | 104.03 | 104.29 | 104.45 | 104.71 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 101.40 | 102.01 | 103.09 | 103.70 | 104.78 | 105.39 | 106.47 |
| Camarilla | 103.72 | 103.87 | 104.03 | 104.18 | 104.34 | 104.49 | 104.65 |
| Woodie | 101.65 | 102.13 | 103.34 | 103.82 | 105.03 | 105.51 | 106.72 |
| Fibonacci | 102.01 | 102.65 | 103.05 | 103.70 | 104.34 | 104.74 | 105.39 |
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): | 56.55 | |
| MACD (12,26,9): | 0.0400 | |
| Directional Movement: | 2.66 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 104.27 | |
| Parabolic SAR (0,02-0,02-0,2): | 103.91 | |
| Elder Ray (13): | -0.01 | |
| Super Trend (3,10): | 104.03 | |
| Zig ZAG (10): | 104.27 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 54.80 | |
| TEMA (21): | 104.21 | |
| Williams %R (14): | -40.68 | |
| Chande Momentum Oscillator (20): | -0.02 | |
| Repulse (5,40,3): | 0.1500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.33 |
| MA7: | 103.64 | |
| MA20: | 102.45 | |
| MA50: | 100.39 | |
| MA100: | 98.90 | |
| MAexp7: | 104.22 | |
| MAexp20: | 104.20 | |
| MAexp50: | 104.05 | |
| MAexp100: | 103.79 | |
| Price / MA7: | +0.60% | |
| Price / MA20: | +1.77% | |
| Price / MA50: | +3.85% | |
| Price / MA100: | +5.42% | |
| Price / MAexp7: | +0.04% | |
| Price / MAexp20: | +0.06% | |
| Price / MAexp50: | +0.20% | |
| Price / MAexp100: | +0.45% |
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
-
Risk event for the week: Long #AUDJPY
-
Trade of the Week: long AUD/JPY
-
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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