AUD/JPY - 1H - Technical analysis published on 10/28/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
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Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
28%
44%
28%
My opinion
Bearish under 74.62 JPY
My targets
74.23 JPY (-0.14)
74.16 JPY (-0.21)
My analysis
In the short term, we can see an acceleration in the bearish trend on AUD/JPY, which is a positive signal for sellers. As long as the price remains above 74.62 JPY, a sale could be considered. The first bearish objective is located at 74.23 JPY. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 74.16 JPY as an objective. Crossing it would then enable sellers to target 72.99 JPY. If the price were to return above 74.62 JPY, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.2
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AUD/JPY rating is 74.37 JPY. The price is lower by -0.13% since the last closing and was between 74.32 JPY and 74.63 JPY. This implies that the price is at +0.07% from its lowest and at -0.35% from its highest.74.32
74.63
74.37
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of AUD/JPY in 1H shows an overall bearish trend. 78.57% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
RSI indicator is back under 50
Type : Bearish
Timeframe : 1 hour
Parabolic SAR indicator bullish reversal
Type : Bullish
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 support of triangle
Type : Bullish
Timeframe : 1 hour
Horizontal support is broken
Type : Bearish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 72.99 | 74.23 | 74.30 | 74.37 | 74.43 | 74.62 | 74.79 |
| Change (%) | -1.86% | -0.19% | -0.09% | - | +0.08% | +0.34% | +0.56% |
| Change | -1.38 | -0.14 | -0.07 | - | +0.06 | +0.25 | +0.42 |
| Level | Major | Major | Minor | - | Minor | Minor | Minor |
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 | 73.83 | 74.06 | 74.27 | 74.50 | 74.71 | 74.94 | 75.15 |
| Camarilla | 74.35 | 74.39 | 74.43 | 74.47 | 74.51 | 74.55 | 74.59 |
| Woodie | 73.81 | 74.06 | 74.25 | 74.50 | 74.69 | 74.94 | 75.13 |
| Fibonacci | 74.06 | 74.23 | 74.34 | 74.50 | 74.67 | 74.78 | 74.94 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 81.99 | 84.39 | 85.69 | 88.09 | 89.39 | 91.79 | 93.09 |
| Camarilla | 85.96 | 86.30 | 86.64 | 86.98 | 87.32 | 87.66 | 88.00 |
| Woodie | 81.43 | 84.12 | 85.13 | 87.82 | 88.83 | 91.52 | 92.53 |
| Fibonacci | 84.39 | 85.81 | 86.68 | 88.09 | 89.51 | 90.38 | 91.79 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 74.16 | 74.41 | 74.51 | 74.76 | 74.86 | 75.11 | 75.21 |
| Camarilla | 74.51 | 74.55 | 74.58 | 74.61 | 74.64 | 74.67 | 74.71 |
| Woodie | 74.09 | 74.37 | 74.44 | 74.72 | 74.79 | 75.07 | 75.14 |
| Fibonacci | 74.41 | 74.54 | 74.63 | 74.76 | 74.89 | 74.98 | 75.11 |
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): | 43.61 | |
| MACD (12,26,9): | -0.0500 | |
| Directional Movement: | -8.44 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 74.44 | |
| Parabolic SAR (0,02-0,02-0,2): | 74.63 | |
| Elder Ray (13): | -0.04 | |
| Super Trend (3,10): | 74.85 | |
| Zig ZAG (10): | 74.37 | |
| VORTEX (21): | 0.9300 | |
| Stochastique (14,3,5): | 57.58 | |
| TEMA (21): | 74.42 | |
| Williams %R (14): | -72.73 | |
| Chande Momentum Oscillator (20): | -0.15 | |
| Repulse (5,40,3): | -0.1500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 0.29 |
| MA7: | 74.60 | |
| MA20: | 75.08 | |
| MA50: | 75.90 | |
| MA100: | 75.47 | |
| MAexp7: | 74.47 | |
| MAexp20: | 74.52 | |
| MAexp50: | 74.58 | |
| MAexp100: | 74.60 | |
| Price / MA7: | -0.31% | |
| Price / MA20: | -0.95% | |
| Price / MA50: | -2.02% | |
| Price / MA100: | -1.46% | |
| Price / MAexp7: | -0.13% | |
| Price / MAexp20: | -0.20% | |
| Price / MAexp50: | -0.28% | |
| Price / MAexp100: | -0.31% |
Quotes :
2020-10-28 07:56:19
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Real time data
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Forex
News
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This member declared not having a position on this financial instrument or a related financial instrument.
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