AUD/JPY
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
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
56%
0%
44%
My opinion
Bullish above 103.45 JPY
My targets
104.40 JPY (+0.78)
105.04 JPY (+1.42)
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.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.9

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:
15 min. Daily Weekly

Additional analysis

Quotes

The AUD/JPY rating is 103.62 JPY. On the day, this instrument gained +0.32% with the lowest point at 103.10 JPY and the highest point at 103.72 JPY. The deviation from the price is +0.50% for the low point and -0.10% for the high point.

103.10
103.72
103.62

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:

Central Records

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. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The probability of a further increase are moderate given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

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

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly



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

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 101.58 102.47 103.45 103.62 105.04
Change (%) -1.97% -1.11% -0.16% - +1.37%
Change -2.04 -1.15 -0.17 - +1.42
Level Minor Minor Major - Intermediate



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
Standard102.14102.38102.83103.07103.52103.76104.21
Camarilla103.10103.16103.23103.29103.35103.42103.48
Woodie102.26102.43102.95103.12103.64103.81104.33
Fibonacci102.38102.64102.80103.07103.33103.49103.76


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard99.41100.18101.52102.29103.63104.40105.74
Camarilla102.27102.46102.66102.85103.04103.24103.43
Woodie99.69100.32101.80102.43103.91104.54106.02
Fibonacci100.18100.99101.49102.29103.10103.60104.40


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard91.1294.4598.30101.63105.48108.81112.66
Camarilla100.18100.83101.49102.15102.81103.47104.13
Woodie91.3894.5898.56101.76105.74108.94112.92
Fibonacci94.4597.1998.89101.63104.37106.07108.81

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): 67.81
MACD (12,26,9): 0.1300
Directional Movement: -1.72
AROON (14): 50.00
DEMA (21): 103.67
Parabolic SAR (0,02-0,02-0,2): 103.19
Elder Ray (13): 0.06
Super Trend (3,10): 103.28
Zig ZAG (10): 103.64
VORTEX (21): 1.1300
Stochastique (14,3,5): 90.32
TEMA (21): 103.69
Williams %R (14): -12.90
Chande Momentum Oscillator (20): 0.27
Repulse (5,40,3): 0.0400
ROCnROLL: 1
TRIX (15,9): 0.0200
Courbe Coppock: 0.61
MA7: 102.70
MA20: 101.56
MA50: 99.89
MA100: 98.61
MAexp7: 103.62
MAexp20: 103.50
MAexp50: 103.27
MAexp100: 102.98
Price / MA7: +0.90%
Price / MA20: +2.03%
Price / MA50: +3.73%
Price / MA100: +5.08%
Price / MAexp7: -0%
Price / MAexp20: +0.12%
Price / MAexp50: +0.34%
Price / MAexp100: +0.62%

Quotes : - Real time data - Forex

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

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