AUD/JPY - 1H - Technical analysis published on 07/26/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
44%
11%
44%
My opinion
Bearish under 101.41 JPY
My targets
99.26 JPY (-1.34)
98.37 JPY (-2.23)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 101.41 JPY remains possible. It is advisable to trade AUD/JPY with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 101.41 JPY. The next bearish objective for sellers is set at 99.26 JPY. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 98.37 JPY. In case of crossing, the next objective would be the support located at 97.16 JPY. PS: if there is a bullish break in the resistance located at 101.41 JPY we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
2.1
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This analysis was given by world script ltda. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AUD/JPY price is 100.60 JPY. On the day, this instrument gained +0.08% with the lowest point at 100.36 JPY and the highest point at 100.61 JPY. The deviation from the price is +0.24% for the low point and -0.01% for the high point.100.36
100.61
100.60
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 LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of AUD/JPY in 1H shows an overall bearish trend. 75.00% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators shows a slightly bullish signal.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
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
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 95.14 | 97.16 | 98.37 | 100.60 | 100.61 | 101.44 | 103.08 |
| Change (%) | -5.43% | -3.42% | -2.22% | - | +0.01% | +0.83% | +2.47% |
| Change | -5.46 | -3.44 | -2.23 | - | +0.01 | +0.84 | +2.48 |
| Level | Intermediate | Intermediate | Major | - | Minor | Minor | Intermediate |
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 | 97.42 | 98.31 | 99.42 | 100.31 | 101.42 | 102.31 | 103.42 |
| Camarilla | 99.97 | 100.15 | 100.34 | 100.52 | 100.70 | 100.89 | 101.07 |
| Woodie | 97.52 | 98.37 | 99.52 | 100.37 | 101.52 | 102.37 | 103.52 |
| Fibonacci | 98.31 | 99.08 | 99.55 | 100.31 | 101.08 | 101.55 | 102.31 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 101.41 | 102.97 | 104.12 | 105.68 | 106.83 | 108.39 | 109.54 |
| Camarilla | 104.53 | 104.77 | 105.02 | 105.27 | 105.52 | 105.77 | 106.02 |
| Woodie | 101.21 | 102.87 | 103.92 | 105.58 | 106.63 | 108.29 | 109.34 |
| Fibonacci | 102.97 | 104.01 | 104.65 | 105.68 | 106.72 | 107.36 | 108.39 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 99.26 | 100.94 | 104.11 | 105.79 | 108.96 | 110.64 | 113.81 |
| Camarilla | 105.96 | 106.40 | 106.85 | 107.29 | 107.74 | 108.18 | 108.62 |
| Woodie | 100.02 | 101.31 | 104.87 | 106.16 | 109.72 | 111.01 | 114.57 |
| Fibonacci | 100.94 | 102.79 | 103.93 | 105.79 | 107.64 | 108.78 | 110.64 |
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): | 46.72 | |
| MACD (12,26,9): | -0.0700 | |
| Directional Movement: | -2.64 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 100.37 | |
| Parabolic SAR (0,02-0,02-0,2): | 100.29 | |
| Elder Ray (13): | -0.06 | |
| Super Trend (3,10): | 99.76 | |
| Zig ZAG (10): | 100.49 | |
| VORTEX (21): | 1.0900 | |
| Stochastique (14,3,5): | 67.79 | |
| TEMA (21): | 100.67 | |
| Williams %R (14): | -35.11 | |
| Chande Momentum Oscillator (20): | 0.21 | |
| Repulse (5,40,3): | 0.0100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0200 | |
| Courbe Coppock: | 1.74 |
| MA7: | 102.86 | |
| MA20: | 105.98 | |
| MA50: | 105.20 | |
| MA100: | 102.73 | |
| MAexp7: | 100.57 | |
| MAexp20: | 100.54 | |
| MAexp50: | 101.12 | |
| MAexp100: | 102.21 | |
| Price / MA7: | -2.20% | |
| Price / MA20: | -5.08% | |
| Price / MA50: | -4.37% | |
| Price / MA100: | -2.07% | |
| Price / MAexp7: | +0.03% | |
| Price / MAexp20: | +0.06% | |
| Price / MAexp50: | -0.51% | |
| Price / MAexp100: | -1.58% |
Quotes :
-
Real time data
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Forex
News
The last news published on AUD/JPY at the time of the generation of this analysis was as follows:
-
AUD/JPY Forecast July 11, 2024
-
AUD/JPY Forecast January 6, 2023
-
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
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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