AUD/JPY - 1H - Technical analysis published on 09/08/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Court terme:
Bearish
De fond:
Strongly bearish
Technical indicators
11%
61%
28%
My opinion
Bearish under 77.25 JPY
My targets
76.93 JPY (-0.23)
76.77 JPY (-0.39)
My analysis
The bearish basic trend is very strong on AUD/JPY but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 77.25 JPY. Crossing the first support at 76.93 JPY would be a sign of a further potential price plummet. Sellers would then use the next support located at 76.77 JPY as an objective. Crossing it would then enable sellers to target 76.43 JPY. Caution, a return to above the resistance located at 77.25 JPY would be a sign of a possible consolidation phase of the short-term basic trend. 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 confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
7.1
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This analysis was given by Remo. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AUD/JPY price is 77.16 JPY. The price is lower by -0.31% since the last closing and was between 77.11 JPY and 77.65 JPY. This implies that the price is at +0.06% from its lowest and at -0.63% from its highest.77.11
77.65
77.16
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by AUD/JPY:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of AUD/JPY indicates that the overall trend is strongly bearish. 85.71% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. An assessment of moving averages reveals several bearish signals that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : 1 hour
Bearish trend reversal : Moving Average 50
Type : Bearish
Timeframe : 1 hour
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : 1 hour
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
Bearish trend reversal : adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
The probability of a further decline is moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
SuperTrend indicator bearish reversal
Type : Bearish
Timeframe : 1 hour
MACD indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 76.77 | 76.93 | 77.09 | 77.16 | 77.25 | 77.42 | 77.95 |
| Change (%) | -0.51% | -0.30% | -0.09% | - | +0.12% | +0.34% | +1.02% |
| Change | -0.39 | -0.23 | -0.07 | - | +0.09 | +0.26 | +0.79 |
| Level | Intermediate | Minor | Minor | - | Major | Intermediate | Major |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 76.85 | 77.05 | 77.22 | 77.42 | 77.59 | 77.79 | 77.96 |
| Camarilla | 77.30 | 77.33 | 77.37 | 77.40 | 77.43 | 77.47 | 77.50 |
| Woodie | 76.85 | 77.04 | 77.22 | 77.41 | 77.59 | 77.78 | 77.96 |
| Fibonacci | 77.05 | 77.19 | 77.28 | 77.42 | 77.56 | 77.65 | 77.79 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 74.92 | 75.84 | 76.61 | 77.53 | 78.30 | 79.22 | 79.99 |
| Camarilla | 76.91 | 77.06 | 77.22 | 77.37 | 77.53 | 77.68 | 77.84 |
| Woodie | 74.84 | 75.80 | 76.53 | 77.49 | 78.22 | 79.18 | 79.91 |
| Fibonacci | 75.84 | 76.49 | 76.89 | 77.53 | 78.18 | 78.58 | 79.22 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 72.69 | 73.89 | 76.05 | 77.25 | 79.41 | 80.61 | 82.77 |
| Camarilla | 77.28 | 77.58 | 77.89 | 78.20 | 78.51 | 78.82 | 79.12 |
| Woodie | 73.16 | 74.13 | 76.52 | 77.49 | 79.88 | 80.85 | 83.24 |
| Fibonacci | 73.89 | 75.18 | 75.97 | 77.25 | 78.54 | 79.33 | 80.61 |
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): | 35.71 | |
| MACD (12,26,9): | -0.0100 | |
| Directional Movement: | -7.89 | |
| AROON (14): | -21.43 | |
| DEMA (21): | 77.34 | |
| Parabolic SAR (0,02-0,02-0,2): | 77.64 | |
| Elder Ray (13): | -0.12 | |
| Super Trend (3,10): | 77.48 | |
| Zig ZAG (10): | 77.13 | |
| VORTEX (21): | 0.9100 | |
| Stochastique (14,3,5): | 4.91 | |
| TEMA (21): | 77.28 | |
| Williams %R (14): | -94.44 | |
| Chande Momentum Oscillator (20): | -0.24 | |
| Repulse (5,40,3): | -0.3200 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 0.15 |
| MA7: | 77.58 | |
| MA20: | 76.89 | |
| MA50: | 75.92 | |
| MA100: | 73.81 | |
| MAexp7: | 77.28 | |
| MAexp20: | 77.36 | |
| MAexp50: | 77.38 | |
| MAexp100: | 77.44 | |
| Price / MA7: | -0.54% | |
| Price / MA20: | +0.35% | |
| Price / MA50: | +1.63% | |
| Price / MA100: | +4.54% | |
| Price / MAexp7: | -0.16% | |
| Price / MAexp20: | -0.26% | |
| Price / MAexp50: | -0.28% | |
| Price / MAexp100: | -0.36% |
Quotes :
2020-09-08 10:17:42
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Real time data
-
Forex
News
The latest news and videos published on AUD/JPY at the time of the analysis were as follows:
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This member declared not having a position on this financial instrument or a related financial instrument.
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