AUD/JPY
AUD JPY
- JPY (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: AUDJPY
ISIN:

AUD/JPY - 1H - Technical analysis published on 06/04/2024 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Bearish
Underlying: Bearish
Technical indicators
6%
72%
22%
My opinion
Bearish under 104.14 JPY
My targets
103.83 JPY (-0.18)
103.62 JPY (-0.39)
My analysis
There is a bearish trend on AUD/JPY both at the basic level and in the short term. A sale could be considered, so long as the price remains below 104.14 JPY. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 103.83 JPY. Then the price could move towards 103.62 JPY. Then 103.47 JPY by extension. Be careful, a return to above the resistance 104.14 JPY would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
6.3

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

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

Additional analysis

Quotes

AUD/JPY rating 104.01 JPY. The price is lower by -0.39% since the last closing and was traded between 103.87 JPY and 104.63 JPY over the period. The price is currently at +0.13% from its lowest and -0.59% from its highest.

103.87
104.63
104.01

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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


Technical analysis of AUD/JPY in 1H shows an overall bearish trend. 71.43% of the signals given by moving averages are bearish. This bearish trend is slowing down slightly given the slightly bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour


Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : 1 hour


Bearish trend reversal : adaptative moving average 100

Type : Bearish

Timeframe : 1 hour



The probability of a further decline is high given the direction of the technical indicators.
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

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour


Ichimoku : price is under the cloud

Type : Bearish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Near support of triangle

Type : Bullish

Timeframe : 1 hour


Support of channel is broken

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 103.47 103.62 103.83 104.01 104.14 104.38 104.61
Change (%) -0.52% -0.37% -0.17% - +0.12% +0.36% +0.58%
Change -0.54 -0.39 -0.18 - +0.13 +0.37 +0.60
Level Intermediate Minor Intermediate - Minor Intermediate 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
Standard103.31103.65104.04104.38104.77105.11105.50
Camarilla104.22104.29104.35104.42104.49104.55104.62
Woodie103.33103.66104.06104.39104.79105.12105.52
Fibonacci103.65103.93104.10104.38104.66104.83105.11


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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 34.95
MACD (12,26,9): -0.0400
Directional Movement: -17.65
AROON (14): -42.86
DEMA (21): 104.32
Parabolic SAR (0,02-0,02-0,2): 104.62
Elder Ray (13): -0.33
Super Trend (3,10): 104.57
Zig ZAG (10): 104.00
VORTEX (21): 0.9200
Stochastique (14,3,5): 37.01
TEMA (21): 104.28
Williams %R (14): -84.21
Chande Momentum Oscillator (20): -0.30
Repulse (5,40,3): -0.3700
ROCnROLL: 2
TRIX (15,9): 0.0000
Courbe Coppock: 0.10
MA7: 104.33
MA20: 103.82
MA50: 101.66
MA100: 99.70
MAexp7: 104.28
MAexp20: 104.36
MAexp50: 104.36
MAexp100: 104.32
Price / MA7: -0.31%
Price / MA20: +0.18%
Price / MA50: +2.31%
Price / MA100: +4.32%
Price / MAexp7: -0.26%
Price / MAexp20: -0.34%
Price / MAexp50: -0.34%
Price / MAexp100: -0.30%

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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