AUD/JPY - 1H - Technical analysis published on 10/09/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 76.17 JPY
My targets
77.16 JPY (+0.68)
77.96 JPY (+1.48)
My analysis
AUD/JPY is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 76.17 JPY. The next resistance located at 77.16 JPY is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 77.96 JPY. After this resistance, buyers could then target 78.20 JPY. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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
0
10
8.4
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Additional analysis
Quotes
The AUD/JPY rating is 76.48 JPY. The price registered an increase of +0.53% on the session with the lowest point at 75.93 JPY and the highest point at 76.53 JPY. The deviation from the price is +0.72% for the low point and -0.07% for the high point.75.93
76.53
76.48
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend 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 HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of AUD/JPY in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 13 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near resistance of triangle
Type : Bearish
Timeframe : 1 hour
Horizontal resistance is broken
Type : Bullish
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
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 75.98 | 76.17 | 76.44 | 76.48 | 78.20 | 82.38 | 90.47 |
| Change (%) | -0.65% | -0.41% | -0.05% | - | +2.25% | +7.71% | +18.29% |
| Change | -0.50 | -0.31 | -0.04 | - | +1.72 | +5.90 | +13.99 |
| Level | Intermediate | Intermediate | Major | - | Minor | Major | 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 | 75.13 | 75.33 | 75.70 | 75.90 | 76.27 | 76.47 | 76.84 |
| Camarilla | 75.92 | 75.98 | 76.03 | 76.08 | 76.13 | 76.18 | 76.24 |
| Woodie | 75.23 | 75.37 | 75.80 | 75.94 | 76.37 | 76.51 | 76.94 |
| Fibonacci | 75.33 | 75.54 | 75.68 | 75.90 | 76.11 | 76.25 | 76.47 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 72.40 | 73.26 | 74.35 | 75.21 | 76.30 | 77.16 | 78.25 |
| Camarilla | 74.91 | 75.09 | 75.27 | 75.45 | 75.63 | 75.81 | 75.99 |
| Woodie | 72.53 | 73.32 | 74.48 | 75.27 | 76.43 | 77.22 | 78.38 |
| Fibonacci | 73.26 | 74.00 | 74.46 | 75.21 | 75.95 | 76.41 | 77.16 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 69.18 | 71.57 | 73.57 | 75.96 | 77.96 | 80.35 | 82.35 |
| Camarilla | 74.35 | 74.76 | 75.16 | 75.56 | 75.96 | 76.37 | 76.77 |
| Woodie | 68.98 | 71.47 | 73.37 | 75.86 | 77.76 | 80.25 | 82.15 |
| Fibonacci | 71.57 | 73.25 | 74.29 | 75.96 | 77.64 | 78.68 | 80.35 |
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): | 73.60 | |
| MACD (12,26,9): | 0.1400 | |
| Directional Movement: | 21.42 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 76.44 | |
| Parabolic SAR (0,02-0,02-0,2): | 76.38 | |
| Elder Ray (13): | 0.13 | |
| Super Trend (3,10): | 76.14 | |
| Zig ZAG (10): | 76.48 | |
| VORTEX (21): | 1.1700 | |
| Stochastique (14,3,5): | 82.12 | |
| TEMA (21): | 76.48 | |
| Williams %R (14): | -10.00 | |
| Chande Momentum Oscillator (20): | 0.37 | |
| Repulse (5,40,3): | 0.1000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 0.99 |
| MA7: | 75.80 | |
| MA20: | 75.69 | |
| MA50: | 76.28 | |
| MA100: | 75.32 | |
| MAexp7: | 76.41 | |
| MAexp20: | 76.26 | |
| MAexp50: | 76.05 | |
| MAexp100: | 75.87 | |
| Price / MA7: | +0.90% | |
| Price / MA20: | +1.04% | |
| Price / MA50: | +0.26% | |
| Price / MA100: | +1.54% | |
| Price / MAexp7: | +0.09% | |
| Price / MAexp20: | +0.29% | |
| Price / MAexp50: | +0.57% | |
| Price / MAexp100: | +0.80% |
Quotes :
2020-10-09 20:59:59
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Real time data
-
Forex
News
The last news published on AUD/JPY at the time of the generation of this analysis was as follows:
-
Market Sentiment Data Bullish for USD/JPY, AUD/JPY, EUR/JPY | Webinar
-
AUD/USD and AUD/JPY Forecast June 29, 2020
-
Will AUD/JPY target 78.00? – 10th June 2020
-
Australian Dollar Analysis: AUD/USD, AUD/JPY, ASX 200 as RBA Holds in April
-
Australian Dollar Trend Analysis: AUD/USD, AUD/JPY, AUD/NZD on Jobs Report
This member declared not having a position on this financial instrument or a related financial instrument.
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