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 05/14/2024 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

61%

39%

My opinion

Bullish above 103.45 JPY

My targets

104.40 JPY (+0.83)

105.04 JPY (+1.47)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on AUD/JPY as long as the price remains well above 103.45 JPY. The buyers' bullish objective is set at 104.40 JPY. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 105.04 JPY. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

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 103.57 JPY. The price has increased by +0.27% since the last closing and was between 103.10 JPY and 103.71 JPY. This implies that the price is at +0.46% from its lowest and at -0.13% from its highest.

103.10

103.71

103.57

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

The Central Records scanner for higher/lower results shows the following items:

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 this 1H chart of AUD/JPY indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 11 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	101.58	102.47	103.45	103.57	105.04
Change (%)	-1.92%	-1.06%	-0.12%	-	+1.42%
Change	-1.99	-1.10	-0.12	-	+1.47
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):	66.06
MACD (12,26,9):	0.1300
Directional Movement:	-4.45
AROON (14):	21.42
DEMA (21):	103.59
Parabolic SAR (0,02-0,02-0,2):	103.12
Elder Ray (13):	0.09
Super Trend (3,10):	103.17
Zig ZAG (10):	103.56
VORTEX (21):	1.1300
Stochastique (14,3,5):	81.97
TEMA (21):	103.62
Williams %R (14):	-24.59
Chande Momentum Oscillator (20):	0.32
Repulse (5,40,3):	0.0000
ROCnROLL:	1
TRIX (15,9):	0.0200
Courbe Coppock:	0.59

MA7:	102.69
MA20:	101.55
MA50:	99.89
MA100:	98.61
MAexp7:	103.55
MAexp20:	103.42
MAexp50:	103.20
MAexp100:	102.93
Price / MA7:	+0.86%
Price / MA20:	+1.99%
Price / MA50:	+3.68%
Price / MA100:	+5.03%
Price / MAexp7:	+0.02%
Price / MAexp20:	+0.15%
Price / MAexp50:	+0.36%
Price / MAexp100:	+0.62%

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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