AUD/JPY

- JPY (-)

- Real time data - Forex

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Type:	Forex
Ticker:	AUDJPY
ISIN:

AUD/JPY - 1H - Technical analysis published on 05/15/2024 (GMT)

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

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Slightly bullish

Technical indicators

11%

61%

28%

My opinion

Bearish under 103.72 JPY

My targets

103.09 JPY (-0.30)

102.47 JPY (-0.92)

My analysis

The current short-term bearish trend is expected to quickly reset the neutral or bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for AUD/JPY as long as the price remains well below 103.72 JPY. The next bearish objective for sellers is set at 103.09 JPY. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 102.47 JPY. In case of crossing, the next objective would be the support located at 101.58 JPY. As the basic trend is not clearly displayed, attention should be paid to the price response to the support located at 103.09 JPY. With this support, against the trend traders who want to buy AUD/JPY on a buy signal from their trading strategy should not hesitate to act.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.

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

The AUD/JPY price is 103.39 JPY. On the day, this instrument lost -0.27% with the lowest point at 103.30 JPY and the highest point at 104.04 JPY. The deviation from the price is +0.09% for the low point and -0.62% for the high point.

103.30

104.04

103.39

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

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

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 HIGH record (1st january)

Type : Bullish

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 slightly bullish trend. 57.14% of the signals given by moving averages are bullish. Caution: a reversal of the trend could be possible given the strong bearish signals of short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : 1 hour

In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

RSI indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

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

Near horizontal support

Type : Bullish

Timeframe : 1 hour

Support of channel is broken

Type : Bearish

Timeframe : 1 hour

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

White hanging man / hammer

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	101.58	102.47	103.09	103.39	103.45	103.72	105.04
Change (%)	-1.75%	-0.89%	-0.29%	-	+0.06%	+0.32%	+1.60%
Change	-1.81	-0.92	-0.30	-	+0.06	+0.33	+1.65
Level	Minor	Intermediate	Intermediate	-	Intermediate	Intermediate	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	102.65	102.88	103.27	103.50	103.89	104.12	104.51
Camarilla	103.50	103.56	103.61	103.67	103.73	103.78	103.84
Woodie	102.74	102.92	103.36	103.54	103.98	104.16	104.60
Fibonacci	102.88	103.11	103.26	103.50	103.73	103.88	104.12

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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	41.51
MACD (12,26,9):	0.0200
Directional Movement:	-13.25
AROON (14):	-57.14
DEMA (21):	103.66
Parabolic SAR (0,02-0,02-0,2):	103.99
Elder Ray (13):	-0.23
Super Trend (3,10):	103.87
Zig ZAG (10):	103.40
VORTEX (21):	0.9300
Stochastique (14,3,5):	13.71
TEMA (21):	103.57
Williams %R (14):	-86.49
Chande Momentum Oscillator (20):	-0.28
Repulse (5,40,3):	-0.1700
ROCnROLL:	-1
TRIX (15,9):	0.0100
Courbe Coppock:	0.12

MA7:	102.88
MA20:	101.76
MA50:	100.00
MA100:	98.67
MAexp7:	103.53
MAexp20:	103.60
MAexp50:	103.44
MAexp100:	103.14
Price / MA7:	+0.50%
Price / MA20:	+1.60%
Price / MA50:	+3.39%
Price / MA100:	+4.78%
Price / MAexp7:	-0.14%
Price / MAexp20:	-0.20%
Price / MAexp50:	-0.05%
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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