AUD/JPY - 1H - Technical analysis published on 06/11/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
50%
6%
44%
My opinion
Bullish above 103.62 JPY
My targets
104.00 JPY (+0.20)
104.17 JPY (+0.37)
My analysis
AUD/JPY is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 103.62 JPY. The next resistance located at 104.00 JPY is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 104.17 JPY. After this resistance, buyers could then target 104.73 JPY. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7
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Additional analysis
Quotes
The AUD/JPY rating is 103.80 JPY. The price has increased by +0.03% since the last closing and was between 103.53 JPY and 103.95 JPY. This implies that the price is at +0.26% from its lowest and at -0.14% from its highest.103.53
103.95
103.80
Here is a more detailed summary of the historical variations registered by AUD/JPY:
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 a strongly overall bullish trend. 85.71% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 102.98 | 103.36 | 103.62 | 103.80 | 103.83 | 104.00 | 104.17 |
| Change (%) | -0.79% | -0.42% | -0.17% | - | +0.03% | +0.19% | +0.36% |
| Change | -0.82 | -0.44 | -0.18 | - | +0.03 | +0.20 | +0.37 |
| Level | Minor | Minor | Major | - | Intermediate | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 102.56 | 102.82 | 103.30 | 103.56 | 104.04 | 104.30 | 104.78 |
| Camarilla | 103.57 | 103.63 | 103.70 | 103.77 | 103.84 | 103.91 | 103.97 |
| Woodie | 102.66 | 102.88 | 103.40 | 103.62 | 104.14 | 104.36 | 104.88 |
| Fibonacci | 102.82 | 103.11 | 103.28 | 103.56 | 103.85 | 104.02 | 104.30 |
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): | 56.01 | |
| MACD (12,26,9): | 0.0400 | |
| Directional Movement: | 4.43 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 103.81 | |
| Parabolic SAR (0,02-0,02-0,2): | 103.59 | |
| Elder Ray (13): | 0.04 | |
| Super Trend (3,10): | 103.51 | |
| Zig ZAG (10): | 103.80 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 64.29 | |
| TEMA (21): | 103.80 | |
| Williams %R (14): | -35.71 | |
| Chande Momentum Oscillator (20): | 0.03 | |
| Repulse (5,40,3): | 0.0100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 0.03 |
| MA7: | 103.69 | |
| MA20: | 103.95 | |
| MA50: | 102.15 | |
| MA100: | 100.00 | |
| MAexp7: | 103.79 | |
| MAexp20: | 103.75 | |
| MAexp50: | 103.68 | |
| MAexp100: | 103.68 | |
| Price / MA7: | +0.11% | |
| Price / MA20: | -0.14% | |
| Price / MA50: | +1.62% | |
| Price / MA100: | +3.80% | |
| Price / MAexp7: | +0.01% | |
| Price / MAexp20: | +0.05% | |
| Price / MAexp50: | +0.12% | |
| Price / MAexp100: | +0.12% |
Quotes :
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Real time data
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Forex
News
The latest news and videos published on AUD/JPY at the time of the analysis were as follows:
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AUD/JPY Forecast January 6, 2023
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AUD/JPY Forecast December 16, 2022
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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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