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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 06/05/2024 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Neutral
Underlying: Bearish
Technical indicators
61%
6%
33%
My opinion
Bearish under 103.62 JPY
My targets
103.36 JPY (-0.15)
102.61 JPY (-0.90)
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 103.62 JPY, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 103.36 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 102.61 JPY as an objective. Crossing it would then enable sellers to target 100.61 JPY. If the resistance 103.62 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, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
1.4

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.

dtaccori
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 103.51 JPY. On the day, this instrument gained +0.42% with the lowest point at 103.05 JPY and the highest point at 103.53 JPY. The deviation from the price is +0.45% for the low point and -0.02% for the high point.

103.05
103.53
103.51

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 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


Technical analysis of this 1H chart of AUD/JPY indicates that the overall trend is bearish. 75.00% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour



The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


RSI indicator is back over 50

Type : Bullish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : 1 hour



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


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 100.61 102.61 103.36 103.51 103.62 103.85 104.13
Change (%) -2.80% -0.87% -0.14% - +0.11% +0.33% +0.60%
Change -2.90 -0.90 -0.15 - +0.11 +0.34 +0.62
Level Minor Intermediate Minor - Minor Minor Intermediate



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
Standard100.23101.42102.25103.44104.27105.46106.29
Camarilla102.53102.71102.90103.08103.27103.45103.64
Woodie100.05101.33102.07103.35104.09105.37106.11
Fibonacci101.42102.19102.67103.44104.21104.69105.46


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): 53.70
MACD (12,26,9): -0.2100
Directional Movement: 2.37
AROON (14): 78.57
DEMA (21): 102.91
Parabolic SAR (0,02-0,02-0,2): 102.65
Elder Ray (13): 0.19
Super Trend (3,10): 103.50
Zig ZAG (10): 103.47
VORTEX (21): 0.7600
Stochastique (14,3,5): 90.75
TEMA (21): 102.92
Williams %R (14): -5.48
Chande Momentum Oscillator (20): 0.63
Repulse (5,40,3): 0.5300
ROCnROLL: -1
TRIX (15,9): -0.0500
Courbe Coppock: 0.20
MA7: 104.07
MA20: 103.84
MA50: 101.74
MA100: 99.75
MAexp7: 103.14
MAexp20: 103.24
MAexp50: 103.64
MAexp100: 103.90
Price / MA7: -0.54%
Price / MA20: -0.32%
Price / MA50: +1.74%
Price / MA100: +3.77%
Price / MAexp7: +0.36%
Price / MAexp20: +0.26%
Price / MAexp50: -0.13%
Price / MAexp100: -0.38%

Quotes : - Real time data - 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:

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

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