AUD/JPY

- JPY (-)

- Real time data - Forex

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Type:	Forex
Ticker:	AUDJPY
ISIN:

AUD/JPY - 1H - Technical analysis published on 05/14/2024 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

22%

My opinion

Bullish above 103.45 JPY

My targets

104.40 JPY (+0.76)

105.04 JPY (+1.40)

My analysis

AUD/JPY is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 103.45 JPY. The next resistance located at 104.40 JPY is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 105.04 JPY. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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

8.6

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

AUD/JPY rating 103.64 JPY. On the day, this instrument gained +0.34% and was between 103.10 JPY and 103.67 JPY. This implies that the price is at +0.52% from its lowest and at -0.03% from its highest.

103.10

103.67

103.64

Here is a more detailed summary of the historical variations registered by AUD/JPY:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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 HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of AUD/JPY in 1H shows a strongly overall 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour

RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : 1 hour

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	101.58	102.47	103.45	103.64	105.04
Change (%)	-1.99%	-1.13%	-0.18%	-	+1.35%
Change	-2.06	-1.17	-0.19	-	+1.40
Level	Minor	Minor	Major	-	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	102.14	102.38	102.83	103.07	103.52	103.76	104.21
Camarilla	103.10	103.16	103.23	103.29	103.35	103.42	103.48
Woodie	102.26	102.43	102.95	103.12	103.64	103.81	104.33
Fibonacci	102.38	102.64	102.80	103.07	103.33	103.49	103.76

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	99.41	100.18	101.52	102.29	103.63	104.40	105.74
Camarilla	102.27	102.46	102.66	102.85	103.04	103.24	103.43
Woodie	99.69	100.32	101.80	102.43	103.91	104.54	106.02
Fibonacci	100.18	100.99	101.49	102.29	103.10	103.60	104.40

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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	71.24
MACD (12,26,9):	0.1200
Directional Movement:	-6.40
AROON (14):	0
DEMA (21):	103.48
Parabolic SAR (0,02-0,02-0,2):	103.67
Elder Ray (13):	0.17
Super Trend (3,10):	103.11
Zig ZAG (10):	103.58
VORTEX (21):	1.1000
Stochastique (14,3,5):	84.62
TEMA (21):	103.51
Williams %R (14):	-14.04
Chande Momentum Oscillator (20):	0.31
Repulse (5,40,3):	0.3300
ROCnROLL:	1
TRIX (15,9):	0.0100
Courbe Coppock:	0.40

MA7:	102.70
MA20:	101.55
MA50:	99.89
MA100:	98.61
MAexp7:	103.47
MAexp20:	103.33
MAexp50:	103.13
MAexp100:	102.87
Price / MA7:	+0.92%
Price / MA20:	+2.06%
Price / MA50:	+3.75%
Price / MA100:	+5.10%
Price / MAexp7:	+0.16%
Price / MAexp20:	+0.30%
Price / MAexp50:	+0.49%
Price / MAexp100:	+0.75%

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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