AUD/JPY - 1H - Technical analysis published on 06/10/2024 (GMT)
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I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bearish
Technical indicators
67%
6%
28%
My opinion
Bearish under 104.00 JPY
My targets
102.98 JPY (-0.56)
102.61 JPY (-0.93)
My analysis
The basic trend is bearish on AUD/JPY and in the short term, the price is trying to rebound. For the time being, this is only a technical rebound and the basic trend is not threatened. To have the rebound confirmed, it would have at least to go back above the 104.00 JPY. Buyers would then use the next resistance located at 104.42 JPY as an objective. Crossing it would then enable buyers to target 104.73 JPY. If there is a return to below the support located at 102.98 JPY, this would be a sign of a reversal in the basic bearish trend. The next bearish objectives would be 102.61 JPY and 100.61 JPY by extension.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
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
AUD/JPY rating 103.54 JPY. On the day, this instrument gained +0.38% and was traded between 103.09 JPY and 103.59 JPY over the period. The price is currently at +0.44% from its lowest and -0.05% from its highest.103.09
103.59
103.54
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
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 HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of AUD/JPY in 1H shows an overall bearish trend. 67.86% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this bearish trend may be slowing down. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 12 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
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 100.61 | 102.61 | 102.98 | 103.54 | 103.62 | 104.00 | 104.42 |
| Change (%) | -2.83% | -0.90% | -0.54% | - | +0.08% | +0.44% | +0.85% |
| Change | -2.93 | -0.93 | -0.56 | - | +0.08 | +0.46 | +0.88 |
| Level | Minor | Major | Minor | - | Intermediate | Major | Minor |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 101.76 | 102.37 | 102.76 | 103.37 | 103.76 | 104.37 | 104.76 |
| Camarilla | 102.88 | 102.97 | 103.06 | 103.15 | 103.24 | 103.33 | 103.43 |
| Woodie | 101.65 | 102.32 | 102.65 | 103.32 | 103.65 | 104.32 | 104.65 |
| Fibonacci | 102.37 | 102.75 | 102.99 | 103.37 | 103.75 | 103.99 | 104.37 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 100.14 | 101.38 | 102.26 | 103.50 | 104.38 | 105.62 | 106.50 |
| Camarilla | 102.57 | 102.76 | 102.96 | 103.15 | 103.34 | 103.54 | 103.73 |
| Woodie | 99.97 | 101.29 | 102.09 | 103.41 | 104.21 | 105.53 | 106.33 |
| Fibonacci | 101.38 | 102.19 | 102.69 | 103.50 | 104.31 | 104.81 | 105.62 |
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): | 52.66 | |
| MACD (12,26,9): | -0.0400 | |
| Directional Movement: | 3.29 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 103.32 | |
| Parabolic SAR (0,02-0,02-0,2): | 103.08 | |
| Elder Ray (13): | 0.11 | |
| Super Trend (3,10): | 103.67 | |
| Zig ZAG (10): | 103.49 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 91.99 | |
| TEMA (21): | 103.36 | |
| Williams %R (14): | -11.32 | |
| Chande Momentum Oscillator (20): | 0.34 | |
| Repulse (5,40,3): | 0.1700 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 0.13 |
| MA7: | 103.78 | |
| MA20: | 103.93 | |
| MA50: | 102.04 | |
| MA100: | 99.94 | |
| MAexp7: | 103.44 | |
| MAexp20: | 103.40 | |
| MAexp50: | 103.52 | |
| MAexp100: | 103.65 | |
| Price / MA7: | -0.23% | |
| Price / MA20: | -0.38% | |
| Price / MA50: | +1.47% | |
| Price / MA100: | +3.60% | |
| Price / MAexp7: | +0.10% | |
| Price / MAexp20: | +0.14% | |
| Price / MAexp50: | +0.02% | |
| Price / MAexp100: | -0.11% |
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
-
Risk event for the week: Long #AUDJPY
-
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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