AUD/JPY
AUD JPY
- JPY (-)
- Real time data - Forex
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Type: Forex
Ticker: AUDJPY
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AUD/JPY - Daily - Technical analysis published on 12/04/2023 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
56%
0%
44%
My opinion
Bullish above 96.05 JPY
My targets
98.28 JPY (+0.41)
102.11 JPY (+4.24)
My analysis
The bullish trend is currently very strong on AUD/JPY. As long as the price remains above the support at 96.05 JPY, you could try to benefit from the boom. The first bullish objective is located at 98.28 JPY. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 102.11 JPY as an objective. Crossing it would then enable buyers to target 105.04 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.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.9

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by CarelB. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

AUD/JPY rating 97.87 JPY. The price registered an increase of +0.07% on the session and was traded between 97.75 JPY and 97.90 JPY over the period. The price is currently at +0.12% from its lowest and -0.03% from its highest.

97.75
97.90
97.87

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by AUD/JPY:
The Central Records scanner for higher/lower results shows the following items:

Central Records

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. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals 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, 10 technical indicators on 18 studied are currently bullish. Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Aroon indicator bearish trend

Type : Bearish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Daily



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : Daily


Near support of triangle

Type : Bullish

Timeframe : Daily



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 88.19 90.22 93.00 97.87 98.28 105.04
Change (%) -9.89% -7.82% -4.98% - +0.42% +7.33%
Change -9.68 -7.65 -4.87 - +0.41 +7.17
Level Minor Major Intermediate - Major Intermediate



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
Standard97.3997.5497.6797.8297.9598.1098.23
Camarilla97.7297.7597.7797.8097.8397.8597.88
Woodie97.3897.5497.6697.8297.9498.1098.22
Fibonacci97.5497.6597.7197.8297.9397.9998.10


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard96.1096.6797.3697.9398.6299.1999.88
Camarilla97.7097.8297.9498.0598.1798.2898.40
Woodie96.1696.7097.4297.9698.6899.2299.94
Fibonacci96.6797.1597.4597.9398.4198.7199.19


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard93.0294.3196.0597.3499.08100.37102.11
Camarilla96.9597.2397.5097.7898.0698.3498.61
Woodie93.2494.4296.2797.4599.30100.48102.33
Fibonacci94.3195.4796.1997.3498.5099.22100.37

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 56.93
MACD (12,26,9): 0.4900
Directional Movement: 8.36
AROON (14): -28.57
DEMA (21): 98.16
Parabolic SAR (0,02-0,02-0,2): 97.06
Elder Ray (13): 0.11
Super Trend (3,10): 95.93
Zig ZAG (10): 97.88
VORTEX (21): 1.0400
Stochastique (14,3,5): 61.94
TEMA (21): 98.16
Williams %R (14): -40.00
Chande Momentum Oscillator (20): 0.41
Repulse (5,40,3): 0.2700
ROCnROLL: 1
TRIX (15,9): 0.0900
Courbe Coppock: 1.27
MA7: 97.84
MA20: 97.55
MA50: 96.23
MA100: 95.30
MAexp7: 97.84
MAexp20: 97.46
MAexp50: 96.54
MAexp100: 95.56
Price / MA7: +0.03%
Price / MA20: +0.33%
Price / MA50: +1.70%
Price / MA100: +2.70%
Price / MAexp7: +0.03%
Price / MAexp20: +0.42%
Price / MAexp50: +1.38%
Price / MAexp100: +2.42%

Quotes : - Real time data - Forex

This member declared not having a position on this financial instrument or a related financial instrument.

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