AUD/JPY - 1H - Technical analysis published on 05/28/2024 (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
44%
6%
50%
My opinion
Bullish above 104.25 JPY
My targets
105.04 JPY (+0.57)
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 104.25 JPY. The buyers' bullish objective is set at 105.04 JPY. A bullish break in this resistance would boost the bullish momentum. 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.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
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
AUD/JPY rating 104.47 JPY. The price registered an increase of +0.08% on the session with the lowest point at 104.35 JPY and the highest point at 104.63 JPY. The deviation from the price is +0.11% for the low point and -0.15% for the high point.104.35
104.63
104.47
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
A technical analysis in 1H of this AUD/JPY chart shows a strongly bullish trend. The signals given by moving averages are 85.71% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, only 8 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
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
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 103.91 | 104.25 | 104.44 | 104.47 | 105.04 |
| Change (%) | -0.54% | -0.21% | -0.03% | - | +0.55% |
| Change | -0.56 | -0.22 | -0.03 | - | +0.57 |
| Level | Intermediate | Minor | Intermediate | - | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 103.39 | 103.62 | 104.01 | 104.24 | 104.63 | 104.86 | 105.25 |
| Camarilla | 104.22 | 104.28 | 104.33 | 104.39 | 104.45 | 104.50 | 104.56 |
| Woodie | 103.46 | 103.66 | 104.08 | 104.28 | 104.70 | 104.90 | 105.32 |
| Fibonacci | 103.62 | 103.86 | 104.01 | 104.24 | 104.48 | 104.63 | 104.86 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 102.38 | 102.93 | 103.48 | 104.03 | 104.58 | 105.13 | 105.68 |
| Camarilla | 103.74 | 103.84 | 103.94 | 104.04 | 104.14 | 104.24 | 104.34 |
| Woodie | 102.39 | 102.93 | 103.49 | 104.03 | 104.59 | 105.13 | 105.69 |
| Fibonacci | 102.93 | 103.35 | 103.61 | 104.03 | 104.45 | 104.71 | 105.13 |
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): | 58.50 | |
| MACD (12,26,9): | 0.0700 | |
| Directional Movement: | 7.63 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 104.56 | |
| Parabolic SAR (0,02-0,02-0,2): | 104.41 | |
| Elder Ray (13): | 0.06 | |
| Super Trend (3,10): | 104.25 | |
| Zig ZAG (10): | 104.49 | |
| VORTEX (21): | 1.0300 | |
| Stochastique (14,3,5): | 66.67 | |
| TEMA (21): | 104.54 | |
| Williams %R (14): | -50.00 | |
| Chande Momentum Oscillator (20): | 0.03 | |
| Repulse (5,40,3): | -0.0800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.15 |
| MA7: | 104.11 | |
| MA20: | 103.13 | |
| MA50: | 101.14 | |
| MA100: | 99.34 | |
| MAexp7: | 104.50 | |
| MAexp20: | 104.45 | |
| MAexp50: | 104.30 | |
| MAexp100: | 104.16 | |
| Price / MA7: | +0.35% | |
| Price / MA20: | +1.30% | |
| Price / MA50: | +3.29% | |
| Price / MA100: | +5.16% | |
| Price / MAexp7: | -0.03% | |
| Price / MAexp20: | +0.02% | |
| Price / MAexp50: | +0.16% | |
| Price / MAexp100: | +0.30% |
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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