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:
Neutral
Underlying:
Bullish
Technical indicators
22%
22%
56%
My opinion
Bullish above 104.25 JPY
My targets
105.04 JPY (+0.57)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 104.25 JPY remains possible. It is advisable to trade AUD/JPY with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 104.25 JPY. The next bullish objective for buyers is set at 105.04 JPY. A bullish break in this resistance would boost the bullish momentum. PS: if there is a bearish break in the support located at 104.25 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
3.9
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Additional analysis
Quotes
AUD/JPY rating 104.47 JPY. The price registered an increase of +0.08% on the session and was between 104.35 JPY and 104.63 JPY. This implies that the price is at +0.11% from its lowest and at -0.15% from its highest.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
Technical analysis of AUD/JPY in 1H shows an overall bullish trend. The signals given by moving averages are 78.57% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 10 are neutral and 4 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish engulfing lines
Type : Bullish
Timeframe : 1 hour
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 |
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 | 103.39 | 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): | 54.96 | |
| MACD (12,26,9): | 0.0600 | |
| Directional Movement: | 0.73 | |
| AROON (14): | -7.14 | |
| DEMA (21): | 104.57 | |
| Parabolic SAR (0,02-0,02-0,2): | 104.62 | |
| Elder Ray (13): | 0.03 | |
| Super Trend (3,10): | 104.25 | |
| Zig ZAG (10): | 104.49 | |
| VORTEX (21): | 1.0400 | |
| Stochastique (14,3,5): | 60.00 | |
| TEMA (21): | 104.54 | |
| Williams %R (14): | -64.00 | |
| Chande Momentum Oscillator (20): | -0.03 | |
| Repulse (5,40,3): | -0.0400 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.10 |
| MA7: | 104.11 | |
| MA20: | 103.13 | |
| MA50: | 101.14 | |
| MA100: | 99.34 | |
| MAexp7: | 104.52 | |
| MAexp20: | 104.48 | |
| MAexp50: | 104.33 | |
| MAexp100: | 104.19 | |
| Price / MA7: | +0.35% | |
| Price / MA20: | +1.30% | |
| Price / MA50: | +3.29% | |
| Price / MA100: | +5.16% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | -0% | |
| Price / MAexp50: | +0.14% | |
| Price / MAexp100: | +0.28% |
Quotes :
-
Real time data
-
Forex
News
The latest news and videos published on AUD/JPY at the time of the analysis were as follows:
-
AUD/JPY Forecast January 6, 2023
-
AUD/JPY Forecast December 16, 2022
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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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