AUD/JPY - 1H - Technical analysis published on 05/30/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
72%
0%
28%
My opinion
Bearish under 104.30 JPY
My targets
103.91 JPY (-0.20)
103.64 JPY (-0.47)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on AUD/JPY. As long as you are under the resistance located at 104.30 JPY, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 103.91 JPY would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 103.64 JPY as an objective. Crossing it would then enable sellers to target 103.45 JPY. If the resistance 104.30 JPY were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.
In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
0
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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 104.11 JPY. On the day, this instrument lost -0.13% with the lowest point at 103.36 JPY and the highest point at 104.25 JPY. The deviation from the price is +0.73% for the low point and -0.13% for the high point.103.36
104.25
104.11
So that you have an overall view of the price change, here is a table showing the variations over several periods:
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 bearish trend. The signals given by moving averages are 64.29% bearish. This bearish trend could slow down given the neutral signals currently 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, 13 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
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
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact 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 | 103.45 | 103.64 | 103.91 | 104.11 | 104.13 | 104.30 | 104.44 |
| Change (%) | -0.63% | -0.45% | -0.19% | - | +0.02% | +0.18% | +0.32% |
| Change | -0.66 | -0.47 | -0.20 | - | +0.02 | +0.19 | +0.33 |
| Level | Intermediate | Minor | Intermediate | - | Intermediate | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 103.22 | 103.67 | 103.96 | 104.41 | 104.70 | 105.15 | 105.44 |
| Camarilla | 104.05 | 104.11 | 104.18 | 104.25 | 104.32 | 104.39 | 104.45 |
| Woodie | 103.14 | 103.63 | 103.88 | 104.37 | 104.62 | 105.11 | 105.36 |
| Fibonacci | 103.67 | 103.95 | 104.13 | 104.41 | 104.69 | 104.87 | 105.15 |
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 the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 53.72 | |
| MACD (12,26,9): | -0.0300 | |
| Directional Movement: | 0.95 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 103.93 | |
| Parabolic SAR (0,02-0,02-0,2): | 103.61 | |
| Elder Ray (13): | 0.11 | |
| Super Trend (3,10): | 103.58 | |
| Zig ZAG (10): | 104.11 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 93.00 | |
| TEMA (21): | 103.99 | |
| Williams %R (14): | -7.41 | |
| Chande Momentum Oscillator (20): | 0.66 | |
| Repulse (5,40,3): | 0.1100 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 0.22 |
| MA7: | 104.10 | |
| MA20: | 103.44 | |
| MA50: | 101.33 | |
| MA100: | 99.48 | |
| MAexp7: | 104.04 | |
| MAexp20: | 104.01 | |
| MAexp50: | 104.13 | |
| MAexp100: | 104.16 | |
| Price / MA7: | +0.01% | |
| Price / MA20: | +0.65% | |
| Price / MA50: | +2.74% | |
| Price / MA100: | +4.65% | |
| Price / MAexp7: | +0.07% | |
| Price / MAexp20: | +0.10% | |
| Price / MAexp50: | -0.02% | |
| Price / MAexp100: | -0.05% |
Quotes :
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Real time data
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Forex
News
Don't forget to follow the news on AUD/JPY. At the time of publication of this analysis, the latest news was 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
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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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