AUD/JPY - Daily - Technical analysis published on 09/28/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Slightly bearish
Technical indicators
22%
61%
17%
My opinion
Bearish under 76.43 JPY
My targets
74.26 JPY (-0.35)
72.99 JPY (-1.62)
My analysis
AUD/JPY is currently trying to strengthen its basic trend with a very bearish short term. As long as the price remains below 76.43 JPY, traders may consider taking advantage of this bearish acceleration and setting themselves to trade only in short positions (for sale). Sellers will encounter the support at 74.26 JPY. A bearish break in this support would confirm a continuation of the bearish acceleration. The next support located at 72.99 JPY would then be the next bearish objective for sellers. Crossing it would then enable sellers to target 67.84 JPY. Beware of a possible return to above the resistance located at 76.43 JPY which would be a sign of a correction of the short-term bearish excesses registered.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
4.1
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Additional analysis
Quotes
The AUD/JPY rating is 74.61 JPY. The price has increased by +0.54% since the last closing with the lowest point at 74.11 JPY and the highest point at 74.64 JPY. The deviation from the price is +0.67% for the low point and -0.04% for the high point.74.11
74.64
74.61
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this AUD/JPY chart shows a slightly bearish trend. 60.71% of the signals given by moving averages are bearish. The overall trend could accelerate as a result of the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 3 are neutral and 11 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : Daily
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : Daily
Support of channel is broken
Type : Bearish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 67.84 | 72.99 | 74.26 | 74.61 | 76.43 | 78.20 | 82.38 |
| Change (%) | -9.07% | -2.17% | -0.47% | - | +2.44% | +4.81% | +10.41% |
| Change | -6.77 | -1.62 | -0.35 | - | +1.82 | +3.59 | +7.77 |
| Level | Intermediate | Major | Intermediate | - | Major | Minor | 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 | 73.30 | 73.66 | 73.93 | 74.29 | 74.56 | 74.92 | 75.19 |
| Camarilla | 74.04 | 74.10 | 74.15 | 74.21 | 74.27 | 74.33 | 74.38 |
| Woodie | 73.27 | 73.64 | 73.90 | 74.27 | 74.53 | 74.90 | 75.16 |
| Fibonacci | 73.66 | 73.90 | 74.05 | 74.29 | 74.53 | 74.68 | 74.92 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 70.89 | 72.43 | 73.32 | 74.86 | 75.75 | 77.29 | 78.18 |
| Camarilla | 73.54 | 73.77 | 73.99 | 74.21 | 74.43 | 74.66 | 74.88 |
| Woodie | 70.57 | 72.27 | 73.00 | 74.70 | 75.43 | 77.13 | 77.86 |
| Fibonacci | 72.43 | 73.36 | 73.93 | 74.86 | 75.79 | 76.36 | 77.29 |
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): | 34.78 | |
| MACD (12,26,9): | -0.5300 | |
| Directional Movement: | -21.42 | |
| AROON (14): | -71.42 | |
| DEMA (21): | 75.37 | |
| Parabolic SAR (0,02-0,02-0,2): | 76.28 | |
| Elder Ray (13): | -1.17 | |
| Super Trend (3,10): | 76.60 | |
| Zig ZAG (10): | 74.63 | |
| VORTEX (21): | 0.8200 | |
| Stochastique (14,3,5): | 11.67 | |
| TEMA (21): | 74.64 | |
| Williams %R (14): | -82.49 | |
| Chande Momentum Oscillator (20): | -2.45 | |
| Repulse (5,40,3): | -0.1000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0300 | |
| Courbe Coppock: | 5.87 |
| MA7: | 74.98 | |
| MA20: | 76.39 | |
| MA50: | 76.26 | |
| MA100: | 74.79 | |
| MAexp7: | 74.98 | |
| MAexp20: | 75.87 | |
| MAexp50: | 75.83 | |
| MAexp100: | 74.83 | |
| Price / MA7: | -0.49% | |
| Price / MA20: | -2.33% | |
| Price / MA50: | -2.16% | |
| Price / MA100: | -0.24% | |
| Price / MAexp7: | -0.49% | |
| Price / MAexp20: | -1.66% | |
| Price / MAexp50: | -1.61% | |
| Price / MAexp100: | -0.29% |
Quotes :
2020-09-28 18:18:58
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Real time data
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Forex
News
The last news published on AUD/JPY at the time of the generation of this analysis was as follows:
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AUD/USD and AUD/JPY Forecast June 29, 2020
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Will AUD/JPY target 78.00? – 10th June 2020
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Australian Dollar Analysis: AUD/USD, AUD/JPY, ASX 200 as RBA Holds in April
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Australian Dollar Trend Analysis: AUD/USD, AUD/JPY, AUD/NZD on Jobs Report
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Coronavirus Impact on Japanese Yen Positioning: USD/JPY, AUD/JPY Analysis
This member declared not having a position on this financial instrument or a related financial instrument.
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