AUD/JPY - 1H - Technical analysis published on 10/31/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
56%
22%
My opinion
Bearish under 100.30 JPY
My targets
99.94 JPY (-0.17)
99.59 JPY (-0.52)
My analysis
The bearish trend is currently very strong for AUD/JPY. As long as the price remains below the resistance at 100.30 JPY, you could try to take advantage of the bearish rally. The first bearish objective is located at 99.94 JPY. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 99.59 JPY as an objective. Crossing it would then enable sellers to target 98.28 JPY. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.1
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This analysis was given by shadybhai. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AUD/JPY rating is 100.11 JPY. On the day, this instrument lost -0.61% with the lowest point at 99.97 JPY and the highest point at 100.95 JPY. The deviation from the price is +0.14% for the low point and -0.83% for the high point.99.97
100.95
100.11
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
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 LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of AUD/JPY indicates that the overall trend is strongly bearish. 82.14% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Previous candle closed under Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Near support of triangle
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
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 | 98.28 | 99.59 | 99.94 | 100.11 | 100.30 | 100.45 | 100.67 |
| Change (%) | -1.83% | -0.52% | -0.17% | - | +0.19% | +0.34% | +0.56% |
| Change | -1.83 | -0.52 | -0.17 | - | +0.19 | +0.34 | +0.56 |
| Level | Major | Intermediate | Minor | - | Intermediate | Intermediate | Minor |
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 | 99.50 | 99.85 | 100.28 | 100.63 | 101.06 | 101.41 | 101.84 |
| Camarilla | 100.51 | 100.58 | 100.65 | 100.72 | 100.79 | 100.86 | 100.94 |
| Woodie | 99.55 | 99.87 | 100.33 | 100.65 | 101.11 | 101.43 | 101.89 |
| Fibonacci | 99.85 | 100.15 | 100.33 | 100.63 | 100.93 | 101.11 | 101.41 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 98.05 | 98.99 | 99.81 | 100.75 | 101.57 | 102.51 | 103.33 |
| Camarilla | 100.14 | 100.30 | 100.46 | 100.62 | 100.78 | 100.94 | 101.10 |
| Woodie | 97.98 | 98.96 | 99.74 | 100.72 | 101.50 | 102.48 | 103.26 |
| Fibonacci | 98.99 | 99.67 | 100.08 | 100.75 | 101.43 | 101.84 | 102.51 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 87.94 | 90.77 | 95.07 | 97.90 | 102.20 | 105.03 | 109.33 |
| Camarilla | 97.42 | 98.07 | 98.73 | 99.38 | 100.03 | 100.69 | 101.34 |
| Woodie | 88.69 | 91.14 | 95.82 | 98.27 | 102.95 | 105.40 | 110.08 |
| Fibonacci | 90.77 | 93.49 | 95.17 | 97.90 | 100.62 | 102.30 | 105.03 |
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): | 38.60 | |
| MACD (12,26,9): | -0.0300 | |
| Directional Movement: | -11.27 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 100.62 | |
| Parabolic SAR (0,02-0,02-0,2): | 100.88 | |
| Elder Ray (13): | -0.18 | |
| Super Trend (3,10): | 101.01 | |
| Zig ZAG (10): | 100.29 | |
| VORTEX (21): | 0.9300 | |
| Stochastique (14,3,5): | 11.90 | |
| TEMA (21): | 100.56 | |
| Williams %R (14): | -100.00 | |
| Chande Momentum Oscillator (20): | -0.60 | |
| Repulse (5,40,3): | -0.4600 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.39 |
| MA7: | 100.70 | |
| MA20: | 100.46 | |
| MA50: | 98.69 | |
| MA100: | 100.69 | |
| MAexp7: | 100.52 | |
| MAexp20: | 100.66 | |
| MAexp50: | 100.68 | |
| MAexp100: | 100.73 | |
| Price / MA7: | -0.59% | |
| Price / MA20: | -0.35% | |
| Price / MA50: | +1.44% | |
| Price / MA100: | -0.58% | |
| Price / MAexp7: | -0.41% | |
| Price / MAexp20: | -0.55% | |
| Price / MAexp50: | -0.57% | |
| Price / MAexp100: | -0.62% |
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 October 21, 2024
-
AUD/JPY Forecast October 17, 2024
-
AUD/JPY Forecast September 6, 2024
-
AUD/JPY Forecast August 23, 2024
-
AUD/JPY Forecast August 19, 2024
This member declared not having a position on this financial instrument or a related financial instrument.
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