AUD/JPY

- JPY (-)

- Real time data - Forex

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Type:	Forex
Ticker:	AUDJPY
ISIN:

AUD/JPY - 1H - Technical analysis published on 05/02/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

22%

33%

44%

My opinion

Bearish under 101.38 JPY

My targets

100.60 JPY (-0.14)

99.72 JPY (-1.02)

My analysis

The bearish trend is currently very strong for AUD/JPY. As long as the price remains below the resistance at 101.38 JPY, you could try to take advantage of the bearish rally. The first bearish objective is located at 100.60 JPY. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 99.72 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, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

6.4

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 100.74 JPY. The price is lower by -0.93% since the last closing with the lowest point at 100.47 JPY and the highest point at 102.05 JPY. The deviation from the price is +0.27% for the low point and -1.28% for the high point.

100.47

102.05

100.74

So that you have an overall view of the price change, here is a table showing the variations over several periods:

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

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 sharp bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

On the 18 technical indicators analysed, 4 are bullish, 8 are neutral and 6 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:

MACD crosses UP its Moving Average

Type : Bullish

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 support of channel

Type : Bullish

Timeframe : 1 hour

Near support of triangle

Type : Bullish

Timeframe : 1 hour

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Bearish engulfing lines

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	98.28	99.72	100.60	100.74	101.38	102.18	102.74
Change (%)	-2.44%	-1.01%	-0.14%	-	+0.64%	+1.43%	+1.99%
Change	-2.46	-1.02	-0.14	-	+0.64	+1.44	+2.00
Level	Major	Minor	Intermediate	-	Intermediate	Minor	Intermediate

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	97.33	98.62	100.16	101.45	102.99	104.28	105.82
Camarilla	100.91	101.17	101.43	101.69	101.95	102.21	102.47
Woodie	97.45	98.68	100.28	101.51	103.11	104.34	105.94
Fibonacci	98.62	99.70	100.37	101.45	102.53	103.20	104.28

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	96.16	97.63	100.54	102.01	104.92	106.39	109.30
Camarilla	102.25	102.65	103.05	103.45	103.85	104.25	104.66
Woodie	96.88	97.99	101.26	102.37	105.64	106.75	110.02
Fibonacci	97.63	99.30	100.34	102.01	103.68	104.72	106.39

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	91.12	94.45	98.30	101.63	105.48	108.81	112.66
Camarilla	100.18	100.83	101.49	102.15	102.81	103.47	104.13
Woodie	91.38	94.58	98.56	101.76	105.74	108.94	112.92
Fibonacci	94.45	97.19	98.89	101.63	104.37	106.07	108.81

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):	40.72
MACD (12,26,9):	-0.2900
Directional Movement:	-11.27
AROON (14):	-50.00
DEMA (21):	100.67
Parabolic SAR (0,02-0,02-0,2):	101.69
Elder Ray (13):	-0.03
Super Trend (3,10):	101.51
Zig ZAG (10):	100.79
VORTEX (21):	0.8400
Stochastique (14,3,5):	31.19
TEMA (21):	100.58
Williams %R (14):	-70.87
Chande Momentum Oscillator (20):	-0.41
Repulse (5,40,3):	-0.0600
ROCnROLL:	2
TRIX (15,9):	-0.0500
Courbe Coppock:	1.59

MA7:	101.87
MA20:	100.46
MA50:	99.18
MA100:	98.10
MAexp7:	100.82
MAexp20:	101.07
MAexp50:	101.53
MAexp100:	101.73
Price / MA7:	-1.11%
Price / MA20:	+0.28%
Price / MA50:	+1.57%
Price / MA100:	+2.69%
Price / MAexp7:	-0.08%
Price / MAexp20:	-0.33%
Price / MAexp50:	-0.78%
Price / MAexp100:	-0.97%

Quotes : - Real time data - Forex

News

The latest news and videos published on AUD/JPY at the time of the analysis were as follows:

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

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