AUD/JPY - 1H - Technical analysis published on 06/13/2024 (GMT)
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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:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
56%
0%
44%
My opinion
Bullish above 104.00 JPY
My targets
104.73 JPY (+0.25)
105.04 JPY (+0.56)
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 104.00 JPY. The next resistance located at 104.73 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 105.04 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
7.9
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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 104.48 JPY. On the day, this instrument gained +0.00% with the lowest point at 104.47 JPY and the highest point at 104.49 JPY. The deviation from the price is +0.01% for the low point and -0.01% for the high point.104.47
104.49
104.48
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
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
A technical analysis in 1H of this AUD/JPY chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from 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, 10 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
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 103.45 | 103.63 | 104.00 | 104.48 | 104.73 | 105.04 |
| Change (%) | -0.99% | -0.81% | -0.46% | - | +0.24% | +0.54% |
| Change | -1.03 | -0.85 | -0.48 | - | +0.25 | +0.56 |
| Level | Minor | Major | Intermediate | - | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 103.05 | 103.37 | 103.92 | 104.24 | 104.79 | 105.11 | 105.66 |
| Camarilla | 104.24 | 104.32 | 104.40 | 104.48 | 104.56 | 104.64 | 104.72 |
| Woodie | 103.18 | 103.43 | 104.05 | 104.30 | 104.92 | 105.17 | 105.79 |
| Fibonacci | 103.37 | 103.70 | 103.90 | 104.24 | 104.57 | 104.77 | 105.11 |
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): | 62.97 | |
| MACD (12,26,9): | 0.1500 | |
| Directional Movement: | 14.12 | |
| AROON (14): | 0 | |
| DEMA (21): | 104.46 | |
| Parabolic SAR (0,02-0,02-0,2): | 103.99 | |
| Elder Ray (13): | 0.12 | |
| Super Trend (3,10): | 103.99 | |
| Zig ZAG (10): | 104.46 | |
| VORTEX (21): | 1.1600 | |
| Stochastique (14,3,5): | 76.88 | |
| TEMA (21): | 104.51 | |
| Williams %R (14): | -12.90 | |
| Chande Momentum Oscillator (20): | 0.41 | |
| Repulse (5,40,3): | 0.0200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 0.69 |
| MA7: | 103.70 | |
| MA20: | 104.01 | |
| MA50: | 102.25 | |
| MA100: | 100.07 | |
| MAexp7: | 104.41 | |
| MAexp20: | 104.27 | |
| MAexp50: | 104.04 | |
| MAexp100: | 103.89 | |
| Price / MA7: | +0.75% | |
| Price / MA20: | +0.45% | |
| Price / MA50: | +2.18% | |
| Price / MA100: | +4.41% | |
| Price / MAexp7: | +0.07% | |
| Price / MAexp20: | +0.20% | |
| Price / MAexp50: | +0.42% | |
| Price / MAexp100: | +0.57% |
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
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Risk event for the week: Long #AUDJPY
-
Trade of the Week: long AUD/JPY
-
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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