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 (+0.24)
105.04 JPY (+0.55)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on AUD/JPY as long as the price remains well above 104.00 JPY. The buyers' bullish objective is set at 104.73 JPY. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 105.04 JPY. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
The AUD/JPY rating is 104.49 JPY. The price has increased by +0.01% since the last closing and was traded between 104.25 JPY and 104.53 JPY over the period. The price is currently at +0.23% from its lowest and -0.04% from its highest.104.25
104.53
104.49
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
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:
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. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 10 technical indicators on 18 studied are currently positioned 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
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near support of channel
Type : Bullish
Timeframe : 1 hour
Near support of triangle
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 103.08 | 103.63 | 104.00 | 104.49 | 104.55 | 104.73 | 105.04 |
| Change (%) | -1.35% | -0.82% | -0.47% | - | +0.06% | +0.23% | +0.53% |
| Change | -1.41 | -0.86 | -0.49 | - | +0.06 | +0.24 | +0.55 |
| Level | Intermediate | Intermediate | Intermediate | - | Major | Minor | Major |
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 | 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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 61.91 | |
| MACD (12,26,9): | 0.1200 | |
| Directional Movement: | 6.96 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 104.49 | |
| Parabolic SAR (0,02-0,02-0,2): | 104.03 | |
| Elder Ray (13): | 0.08 | |
| Super Trend (3,10): | 103.99 | |
| Zig ZAG (10): | 104.51 | |
| VORTEX (21): | 1.1200 | |
| Stochastique (14,3,5): | 68.82 | |
| TEMA (21): | 104.49 | |
| Williams %R (14): | -8.82 | |
| Chande Momentum Oscillator (20): | 0.07 | |
| Repulse (5,40,3): | 0.1100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 0.38 |
| MA7: | 103.90 | |
| MA20: | 104.04 | |
| MA50: | 102.34 | |
| MA100: | 100.15 | |
| MAexp7: | 104.42 | |
| MAexp20: | 104.31 | |
| MAexp50: | 104.09 | |
| MAexp100: | 103.94 | |
| Price / MA7: | +0.57% | |
| Price / MA20: | +0.43% | |
| Price / MA50: | +2.10% | |
| Price / MA100: | +4.33% | |
| Price / MAexp7: | +0.07% | |
| Price / MAexp20: | +0.17% | |
| Price / MAexp50: | +0.38% | |
| Price / MAexp100: | +0.53% |
Quotes :
-
Real time data
-
Forex
News
The last news published on AUD/JPY at the time of the generation of this analysis 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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