AUD/JPY

- JPY (-)

- Real time data - Forex

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Type:	Forex
Ticker:	AUDJPY
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AUD/JPY - 1H - Technical analysis published on 04/17/2024 (GMT)

Londinia

I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

61%

39%

My opinion

Bearish under 99.38 JPY

My targets

98.91 JPY (-0.30)

98.73 JPY (-0.48)

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 99.38 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 99.38 JPY. The next bearish objective for sellers is set at 98.91 JPY. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 98.73 JPY. In case of crossing, the next objective would be the support located at 98.28 JPY. PS: if there is a bullish break in the resistance located at 99.38 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

0.5

Comment on the analysis

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.

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 99.21 JPY. On the day, this instrument gained +0.01% with the lowest point at 99.13 JPY and the highest point at 99.35 JPY. The deviation from the price is +0.08% for the low point and -0.14% for the high point.

99.13

99.35

99.21

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following results:

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 LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in 1H of this AUD/JPY chart shows a bearish trend. 71.43% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 11 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	98.73	98.91	99.19	99.21	99.38	99.64	100.02
Change (%)	-0.48%	-0.30%	-0.02%	-	+0.17%	+0.43%	+0.82%
Change	-0.48	-0.30	-0.02	-	+0.17	+0.43	+0.81
Level	Intermediate	Minor	Minor	-	Major	Major	Minor

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	98.06	98.35	98.78	99.07	99.50	99.79	100.22
Camarilla	99.00	99.07	99.13	99.20	99.27	99.33	99.40
Woodie	98.12	98.39	98.84	99.11	99.56	99.83	100.28
Fibonacci	98.35	98.63	98.80	99.07	99.35	99.52	99.79

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	96.18	97.46	98.26	99.54	100.34	101.62	102.42
Camarilla	98.50	98.69	98.88	99.07	99.26	99.45	99.64
Woodie	95.95	97.34	98.03	99.42	100.11	101.50	102.19
Fibonacci	97.46	98.25	98.74	99.54	100.33	100.82	101.62

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	93.62	95.26	96.91	98.55	100.20	101.84	103.49
Camarilla	97.66	97.96	98.26	98.56	98.86	99.16	99.47
Woodie	93.63	95.26	96.92	98.55	100.21	101.84	103.50
Fibonacci	95.26	96.52	97.29	98.55	99.81	100.58	101.84

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):	52.36
MACD (12,26,9):	-0.0100
Directional Movement:	-1.32
AROON (14):	92.86
DEMA (21):	99.14
Parabolic SAR (0,02-0,02-0,2):	98.73
Elder Ray (13):	0.10
Super Trend (3,10):	99.52
Zig ZAG (10):	99.24
VORTEX (21):	1.0600
Stochastique (14,3,5):	86.39
TEMA (21):	99.20
Williams %R (14):	-22.45
Chande Momentum Oscillator (20):	0.18
Repulse (5,40,3):	0.0300
ROCnROLL:	-1
TRIX (15,9):	-0.0100
Courbe Coppock:	0.17

MA7:	99.59
MA20:	99.28
MA50:	98.48
MA100:	97.61
MAexp7:	99.21
MAexp20:	99.18
MAexp50:	99.28
MAexp100:	99.45
Price / MA7:	-0.38%
Price / MA20:	-0.07%
Price / MA50:	+0.74%
Price / MA100:	+1.64%
Price / MAexp7:	-0%
Price / MAexp20:	+0.03%
Price / MAexp50:	-0.07%
Price / MAexp100:	-0.24%

Quotes : - Real time data - 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:

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

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