AUD/JPY - 1H - Technical analysis published on 05/21/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bullish
Technical indicators
33%
22%
44%
My opinion
Bullish above 103.72 JPY
My targets
104.29 JPY (+0.15)
104.57 JPY (+0.43)
My analysis
With a bullish background trend, the price of AUD/JPY is trying to inflate a little with a slight short-term relapse. At this stage, no trend reversal is in sight. Globally, buyers have the upper hand. Traders could allow themselves to trade long positions (at the time of purchase) as long as the price remains above the support located at 103.72 JPY. A bullish break in the resistance located at 104.29 JPY would boost the bullish momentum and fuel the basic trend. Then the price could move towards 104.57 JPY. Then 105.04 JPY by extension. It would be safer to wait for a bullish break in the resistance located at 104.29 JPY before allowing yourself to re trade long positions (at purchase) on AUD/JPY. PS: if there is a bearish break in the support located at 103.72 JPY we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
1.8
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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 104.14 JPY. The price registered a decrease of -0.20% on the session with the lowest point at 103.91 JPY and the highest point at 104.43 JPY. The deviation from the price is +0.22% for the low point and -0.28% for the high point.103.91
104.43
104.14
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 an overall bullish trend. 67.86% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently being given by short-term moving averages indicate that this bullish trend may be running out of steam. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
The Central Indicators scanner specialised in technical indicators, has not detected anything further.
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 support of channel
Type : Bullish
Timeframe : 1 hour
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 103.09 | 103.45 | 103.72 | 104.14 | 104.29 | 104.57 | 105.04 |
| Change (%) | -1.01% | -0.66% | -0.40% | - | +0.14% | +0.41% | +0.86% |
| Change | -1.05 | -0.69 | -0.42 | - | +0.15 | +0.43 | +0.90 |
| Level | Intermediate | Minor | Minor | - | 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 | 103.32 | 103.62 | 103.98 | 104.28 | 104.64 | 104.94 | 105.30 |
| Camarilla | 104.17 | 104.23 | 104.29 | 104.35 | 104.41 | 104.47 | 104.53 |
| Woodie | 103.36 | 103.64 | 104.02 | 104.30 | 104.68 | 104.96 | 105.34 |
| Fibonacci | 103.62 | 103.87 | 104.03 | 104.28 | 104.53 | 104.69 | 104.94 |
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 technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 48.93 | |
| MACD (12,26,9): | -0.0200 | |
| Directional Movement: | -6.84 | |
| AROON (14): | -35.71 | |
| DEMA (21): | 104.16 | |
| Parabolic SAR (0,02-0,02-0,2): | 104.35 | |
| Elder Ray (13): | 0.01 | |
| Super Trend (3,10): | 104.47 | |
| Zig ZAG (10): | 104.14 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 42.31 | |
| TEMA (21): | 104.09 | |
| Williams %R (14): | -55.77 | |
| Chande Momentum Oscillator (20): | -0.02 | |
| Repulse (5,40,3): | 0.0600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.17 |
| MA7: | 103.84 | |
| MA20: | 102.65 | |
| MA50: | 100.53 | |
| MA100: | 98.98 | |
| MAexp7: | 104.13 | |
| MAexp20: | 104.17 | |
| MAexp50: | 104.10 | |
| MAexp100: | 103.89 | |
| Price / MA7: | +0.29% | |
| Price / MA20: | +1.45% | |
| Price / MA50: | +3.59% | |
| Price / MA100: | +5.21% | |
| Price / MAexp7: | +0.01% | |
| Price / MAexp20: | -0.03% | |
| Price / MAexp50: | +0.04% | |
| Price / MAexp100: | +0.24% |
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
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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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