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AUD/JPY
AUD JPY
- JPY (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: AUDJPY
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AUD/JPY - 1H - Technical analysis published on 07/03/2024 (GMT)

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Londinia
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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 107.82 JPY
My targets
108.65 JPY (+0.62)
109.84 JPY (+1.81)
My analysis
The bullish trend is currently very strong on AUD/JPY. As long as the price remains above the support at 107.82 JPY, you could try to benefit from the boom. The first bullish objective is located at 108.65 JPY. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 109.84 JPY as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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
8.8

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Londinia
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The AUD/JPY rating is 108.03 JPY. The price has increased by +0.32% since the last closing and was between 107.67 JPY and 108.07 JPY. This implies that the price is at +0.33% from its lowest and at -0.04% from its highest.

107.67
108.07
108.03

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

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 scanner does not detect any result on moving averages that would impact this trend.

The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

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:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 106.55 107.24 107.82 108.03
Change (%) -1.37% -0.73% -0.19% -
Change -1.48 -0.79 -0.21 -
Level Intermediate Minor Intermediate -



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard106.90107.07107.38107.55107.86108.03108.34
Camarilla107.56107.60107.65107.69107.73107.78107.82
Woodie106.97107.11107.45107.59107.93108.07108.41
Fibonacci107.07107.25107.37107.55107.73107.85108.03


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard104.23104.91106.10106.78107.97108.65109.84
Camarilla106.78106.95107.12107.29107.46107.63107.80
Woodie104.49105.04106.36106.91108.23108.78110.10
Fibonacci104.91105.62106.07106.78107.49107.94108.65


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard99.26100.94104.11105.79108.96110.64113.81
Camarilla105.96106.40106.85107.29107.74108.18108.62
Woodie100.02101.31104.87106.16109.72111.01114.57
Fibonacci100.94102.79103.93105.79107.64108.78110.64

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): 75.64
MACD (12,26,9): 0.1300
Directional Movement: 21.55
AROON (14): 100.00
DEMA (21): 107.91
Parabolic SAR (0,02-0,02-0,2): 107.85
Elder Ray (13): 0.20
Super Trend (3,10): 107.64
Zig ZAG (10): 108.02
VORTEX (21): 1.2100
Stochastique (14,3,5): 90.51
TEMA (21): 107.97
Williams %R (14): -11.54
Chande Momentum Oscillator (20): 0.33
Repulse (5,40,3): 0.1000
ROCnROLL: 1
TRIX (15,9): 0.0100
Courbe Coppock: 0.61
MA7: 107.17
MA20: 105.54
MA50: 104.15
MA100: 101.44
MAexp7: 107.91
MAexp20: 107.75
MAexp50: 107.57
MAexp100: 107.30
Price / MA7: +0.80%
Price / MA20: +2.36%
Price / MA50: +3.73%
Price / MA100: +6.50%
Price / MAexp7: +0.11%
Price / MAexp20: +0.26%
Price / MAexp50: +0.43%
Price / MAexp100: +0.68%

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:

This member declared not having a position on this financial instrument or a related financial instrument.

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Londinia
Londinia AI

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