AUD/JPY - Daily - Technical analysis published on 06/28/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
28%
22%
50%
My opinion
Bullish above 93.77 JPY
My targets
96.67 JPY (+2.39)
97.99 JPY (+3.71)
My analysis
The bullish trend is currently very strong on AUD/JPY. As long as the price remains above the support at 93.77 JPY, you could try to benefit from the boom. The first bullish objective is located at 96.67 JPY. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 97.99 JPY as an objective. Crossing it would then enable buyers to target 102.12 JPY. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
5.5
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This analysis was given by billpenny101. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AUD/JPY rating is 94.28 JPY. The price has increased by +0.58% since the last closing and was traded between 93.46 JPY and 94.72 JPY over the period. The price is currently at +0.88% from its lowest and -0.46% from its highest.93.46
94.72
94.28
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
Here is a more detailed summary of the historical variations registered by AUD/JPY:
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 LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this AUD/JPY chart shows a strongly bullish trend. 85.71% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish engulfing lines
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 85.89 | 88.33 | 93.77 | 94.28 | 96.67 | 102.12 | 107.51 |
Change (%) | -8.90% | -6.31% | -0.54% | - | +2.54% | +8.32% | +14.03% |
Change | -8.39 | -5.95 | -0.51 | - | +2.39 | +7.84 | +13.23 |
Level | Major | Minor | Intermediate | - | Major | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 92.03 | 92.51 | 93.12 | 93.60 | 94.21 | 94.69 | 95.30 |
Camarilla | 93.44 | 93.54 | 93.64 | 93.74 | 93.84 | 93.94 | 94.04 |
Woodie | 92.11 | 92.54 | 93.20 | 93.63 | 94.29 | 94.72 | 95.38 |
Fibonacci | 92.51 | 92.92 | 93.18 | 93.60 | 94.01 | 94.27 | 94.69 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 89.95 | 91.30 | 92.63 | 93.98 | 95.31 | 96.66 | 97.99 |
Camarilla | 93.22 | 93.47 | 93.71 | 93.96 | 94.21 | 94.45 | 94.70 |
Woodie | 89.94 | 91.30 | 92.62 | 93.98 | 95.30 | 96.66 | 97.98 |
Fibonacci | 91.30 | 92.32 | 92.96 | 93.98 | 95.00 | 95.64 | 96.66 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 81.78 | 84.55 | 88.50 | 91.27 | 95.22 | 97.99 | 101.94 |
Camarilla | 90.61 | 91.23 | 91.84 | 92.46 | 93.08 | 93.69 | 94.31 |
Woodie | 82.38 | 84.85 | 89.10 | 91.57 | 95.82 | 98.29 | 102.54 |
Fibonacci | 84.55 | 87.11 | 88.70 | 91.27 | 93.83 | 95.42 | 97.99 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
RSI (14): | 54.78 | |
MACD (12,26,9): | 0.4600 | |
Directional Movement: | 0.75 | |
AROON (14): | -42.86 | |
DEMA (21): | 94.32 | |
Parabolic SAR (0,02-0,02-0,2): | 94.76 | |
Elder Ray (13): | 0.22 | |
Super Trend (3,10): | 92.51 | |
Zig ZAG (10): | 94.27 | |
VORTEX (21): | 1.0900 | |
Stochastique (14,3,5): | 41.84 | |
TEMA (21): | 94.26 | |
Williams %R (14): | -51.27 | |
Chande Momentum Oscillator (20): | -0.44 | |
Repulse (5,40,3): | 1.1000 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.1000 | |
Courbe Coppock: | 1.55 |
MA7: | 93.99 | |
MA20: | 94.24 | |
MA50: | 92.50 | |
MA100: | 90.13 | |
MAexp7: | 93.94 | |
MAexp20: | 93.65 | |
MAexp50: | 92.50 | |
MAexp100: | 90.42 | |
Price / MA7: | +0.31% | |
Price / MA20: | +0.04% | |
Price / MA50: | +1.92% | |
Price / MA100: | +4.60% | |
Price / MAexp7: | +0.36% | |
Price / MAexp20: | +0.67% | |
Price / MAexp50: | +1.92% | |
Price / MAexp100: | +4.27% |
Quotes :
-
Real time data
-
Forex
News
The latest news and videos published on AUD/JPY at the time of the analysis were as follows:
- Trade of the Week: long AUD/JPY
- Market Sentiment Webinar: Positive for USD, Bullish Signal on AUD/JPY
- US Dollar Price Action Setups: GBP/USD, USD/JPY, AUD/JPY
- Will AUD/JPY target 84.00? – 12 February 2021
- Market Sentiment Data Bullish for USD/JPY, AUD/JPY, EUR/JPY | Webinar
This member declared not having a position on this financial instrument or a related financial instrument.
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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