AUD/JPY
AUD JPY
- JPY (-)
- Real time data - Forex
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Change: -
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Type: Forex
Ticker: AUDJPY
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AUD/JPY - 1H - Technical analysis published on 06/03/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Bearish
Technical indicators
17%
56%
28%
My opinion
Bearish under 104.66 JPY
My targets
103.83 JPY (-0.33)
103.62 JPY (-0.54)
My analysis
In the short term, we can see an acceleration in the bearish trend on AUD/JPY, which is a positive signal for sellers. As long as the price remains above 104.66 JPY, a sale could be considered. The first bearish objective is located at 103.83 JPY. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 103.62 JPY as an objective. Crossing it would then enable sellers to target 103.47 JPY. If the price were to return above 104.66 JPY, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
4.5

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This analysis was given by dtaccori. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The AUD/JPY price is 104.16 JPY. On the day, this instrument lost -0.48% and was traded between 104.13 JPY and 104.73 JPY over the period. The price is currently at +0.03% from its lowest and -0.54% from its highest.

104.13
104.73
104.16

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

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 bearish trend. 64.29% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 100

Type : Bearish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : 1 hour



Technical indicators are bearish. There is still some doubt about the decline in the price.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 103.47 103.62 103.83 104.16 104.25 104.66 104.86
Change (%) -0.66% -0.52% -0.32% - +0.09% +0.48% +0.67%
Change -0.69 -0.54 -0.33 - +0.09 +0.50 +0.70
Level Intermediate Minor Minor - Intermediate Minor 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
Standard103.24103.53104.10104.39104.96105.25105.82
Camarilla104.42104.50104.58104.66104.74104.82104.90
Woodie103.37103.60104.23104.46105.09105.32105.95
Fibonacci103.53103.86104.07104.39104.72104.93105.25


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard102.23102.79103.73104.29105.23105.79106.73
Camarilla104.25104.39104.52104.66104.80104.94105.07
Woodie102.41102.89103.91104.39105.41105.89106.91
Fibonacci102.79103.37103.72104.29104.87105.22105.79


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard96.4998.21101.43103.15106.37108.09111.31
Camarilla103.30103.75104.21104.66105.11105.57106.02
Woodie97.2598.59102.19103.53107.13108.47112.07
Fibonacci98.21100.09101.26103.15105.03106.20108.09

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): 41.40
MACD (12,26,9): -0.0400
Directional Movement: -4.82
AROON (14): -50.00
DEMA (21): 104.36
Parabolic SAR (0,02-0,02-0,2): 104.61
Elder Ray (13): -0.14
Super Trend (3,10): 104.16
Zig ZAG (10): 104.18
VORTEX (21): 0.8700
Stochastique (14,3,5): 19.30
TEMA (21): 104.27
Williams %R (14): -98.25
Chande Momentum Oscillator (20): -0.49
Repulse (5,40,3): -0.1800
ROCnROLL: 2
TRIX (15,9): 0.0000
Courbe Coppock: 0.63
MA7: 104.30
MA20: 103.71
MA50: 101.56
MA100: 99.63
MAexp7: 104.30
MAexp20: 104.39
MAexp50: 104.36
MAexp100: 104.30
Price / MA7: -0.13%
Price / MA20: +0.43%
Price / MA50: +2.56%
Price / MA100: +4.55%
Price / MAexp7: -0.13%
Price / MAexp20: -0.22%
Price / MAexp50: -0.19%
Price / MAexp100: -0.13%

Quotes : - Real time data - Forex

This member declared not having a position on this financial instrument or a related financial instrument.

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