AUD/JPY - 1H - Technical analysis published on 06/06/2024 (GMT)
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- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bearish
Technical indicators
17%
50%
33%
My opinion
Neutral between 103.62 JPY and 104.01 JPY
My targets
-
My analysis
A slightly bearish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first support is located at 103.62 JPY. The first resistance is located at 104.01 JPY. A very slight advantage is given by the slightly bearish basic trend so that the support is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This could be the case, for example, when the first support has been broken below or the first resistance has been broken above.
In the very short term, despite the neutral opinion of this analysis, technical indicators are bearish and could soon allow change to a bearish sentiment.
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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 103.77 JPY. On the day, this instrument gained +0.01% and was between 103.63 JPY and 103.99 JPY. This implies that the price is at +0.14% from its lowest and at -0.21% from its highest.103.63
103.99
103.77
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
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
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 slightly bearish. Only 53.57% of the signals given by moving averages are bearish. This slightly bearish trend could return to neutral given the neutral signals also given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, only 9 technical indicators out of 18 studied are currently bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
RSI indicator is back over 50
Type : Bullish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 103.10 | 103.36 | 103.62 | 103.77 | 104.01 | 104.38 | 104.63 |
| Change (%) | -0.65% | -0.40% | -0.14% | - | +0.23% | +0.59% | +0.83% |
| Change | -0.67 | -0.41 | -0.15 | - | +0.24 | +0.61 | +0.86 |
| Level | Minor | Major | Major | - | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 102.24 | 102.65 | 103.20 | 103.61 | 104.16 | 104.57 | 105.12 |
| Camarilla | 103.50 | 103.58 | 103.67 | 103.76 | 103.85 | 103.94 | 104.02 |
| Woodie | 102.32 | 102.69 | 103.28 | 103.65 | 104.24 | 104.61 | 105.20 |
| Fibonacci | 102.65 | 103.01 | 103.24 | 103.61 | 103.97 | 104.20 | 104.57 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 102.23 | 102.79 | 103.73 | 104.29 | 105.23 | 105.79 | 106.73 |
| Camarilla | 104.25 | 104.39 | 104.52 | 104.66 | 104.80 | 104.94 | 105.07 |
| Woodie | 102.41 | 102.89 | 103.91 | 104.39 | 105.41 | 105.89 | 106.91 |
| Fibonacci | 102.79 | 103.37 | 103.72 | 104.29 | 104.87 | 105.22 | 105.79 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 96.49 | 98.21 | 101.43 | 103.15 | 106.37 | 108.09 | 111.31 |
| Camarilla | 103.30 | 103.75 | 104.21 | 104.66 | 105.11 | 105.57 | 106.02 |
| Woodie | 97.25 | 98.59 | 102.19 | 103.53 | 107.13 | 108.47 | 112.07 |
| Fibonacci | 98.21 | 100.09 | 101.26 | 103.15 | 105.03 | 106.20 | 108.09 |
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): | 49.41 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | 0.33 | |
| AROON (14): | -35.71 | |
| DEMA (21): | 103.80 | |
| Parabolic SAR (0,02-0,02-0,2): | 103.93 | |
| Elder Ray (13): | -0.02 | |
| Super Trend (3,10): | 103.43 | |
| Zig ZAG (10): | 103.74 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 29.17 | |
| TEMA (21): | 103.78 | |
| Williams %R (14): | -59.38 | |
| Chande Momentum Oscillator (20): | 0.03 | |
| Repulse (5,40,3): | -0.0600 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.06 |
| MA7: | 104.00 | |
| MA20: | 103.90 | |
| MA50: | 101.84 | |
| MA100: | 99.82 | |
| MAexp7: | 103.77 | |
| MAexp20: | 103.77 | |
| MAexp50: | 103.75 | |
| MAexp100: | 103.82 | |
| Price / MA7: | -0.22% | |
| Price / MA20: | -0.13% | |
| Price / MA50: | +1.90% | |
| Price / MA100: | +3.96% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | -0% | |
| Price / MAexp50: | +0.02% | |
| Price / MAexp100: | -0.05% |
Quotes :
-
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
-
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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