AUD/JPY - 1H - Technical analysis published on 05/29/2024 (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:
Strongly bearish
Underlying:
Neutral
Technical indicators
22%
44%
33%
My opinion
Bearish under 104.44 JPY
My targets
103.91 JPY (-0.39)
103.45 JPY (-0.85)
My analysis
The strong short-term decrease of AUD/JPY should quickly allow the basic trend to become bearish. As long as the price remains below the resistance located at 104.44 JPY, a sale could be considered. The first bearish objective is located at 103.91 JPY. The bearish momentum would be boosted by a support break. Sellers could then target the support located at 103.45 JPY. If there is any crossing, the next objective would be support 100.61 JPY. Caution, if there is a return to above 104.44 JPY, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
2.1
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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 104.30 JPY. On the day, this instrument lost -0.24% with the lowest point at 104.12 JPY and the highest point at 104.86 JPY. The deviation from the price is +0.17% for the low point and -0.53% for the high point.104.12
104.86
104.30
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
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of AUD/JPY in 1H shows a neutral overall trend. The trend could quickly turn bearish due to the strong bearish signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
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.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 103.45 | 103.91 | 104.25 | 104.30 | 104.44 | 104.57 | 105.04 |
| Change (%) | -0.81% | -0.37% | -0.05% | - | +0.13% | +0.26% | +0.71% |
| Change | -0.85 | -0.39 | -0.05 | - | +0.14 | +0.27 | +0.74 |
| Level | Intermediate | Intermediate | Minor | - | Intermediate | 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 | 104.11 | 104.23 | 104.39 | 104.51 | 104.67 | 104.79 | 104.95 |
| Camarilla | 104.47 | 104.50 | 104.52 | 104.55 | 104.58 | 104.60 | 104.63 |
| Woodie | 104.13 | 104.24 | 104.41 | 104.52 | 104.69 | 104.80 | 104.97 |
| Fibonacci | 104.23 | 104.34 | 104.40 | 104.51 | 104.62 | 104.68 | 104.79 |
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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 42.27 | |
| MACD (12,26,9): | -0.0500 | |
| Directional Movement: | -7.03 | |
| AROON (14): | -71.43 | |
| DEMA (21): | 104.34 | |
| Parabolic SAR (0,02-0,02-0,2): | 104.12 | |
| Elder Ray (13): | -0.03 | |
| Super Trend (3,10): | 104.66 | |
| Zig ZAG (10): | 104.30 | |
| VORTEX (21): | 0.9500 | |
| Stochastique (14,3,5): | 41.81 | |
| TEMA (21): | 104.28 | |
| Williams %R (14): | -65.38 | |
| Chande Momentum Oscillator (20): | -0.25 | |
| Repulse (5,40,3): | -0.0100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.49 |
| MA7: | 104.12 | |
| MA20: | 103.27 | |
| MA50: | 101.24 | |
| MA100: | 99.41 | |
| MAexp7: | 104.34 | |
| MAexp20: | 104.40 | |
| MAexp50: | 104.39 | |
| MAexp100: | 104.28 | |
| Price / MA7: | +0.17% | |
| Price / MA20: | +1.00% | |
| Price / MA50: | +3.02% | |
| Price / MA100: | +4.92% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | -0.10% | |
| Price / MAexp50: | -0.09% | |
| Price / MAexp100: | +0.02% |
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
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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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