AUD/JPY

- JPY (-)

- Real time data - Forex

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Type:	Forex
Ticker:	AUDJPY
ISIN:

AUD/JPY - 1H - Technical analysis published on 04/17/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Neutral

Technical indicators

61%

39%

My opinion

Bullish above 99.19 JPY

My targets

99.64 JPY (+0.20)

100.02 JPY (+0.58)

My analysis

The current short-term bullish acceleration on AUD/JPY should quickly allow the basic trend to return to bullish. To avoid contradicting the short term, traders may prefer long positions (at the time of purchase) as long as the price remains well above 99.19 JPY. Short-term buyers will use the resistance located at 99.64 JPY as an objective. A bullish break in this resistance would boost the bullish momentum. The next bullish objective would then be set at 100.02 JPY. Crossing this resistance would then open the door for buyers to target 100.24 JPY. Caution, if there is a return to under 99.19 JPY, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend sellers, many of whom will certainly benefit from this movement.

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

3.8

Comment on the analysis

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 dtaccori. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The AUD/JPY rating is 99.44 JPY. The price registered an increase of +0.24% on the session and was traded between 99.00 JPY and 99.54 JPY over the period. The price is currently at +0.44% from its lowest and -0.10% from its highest.

99.00

99.54

99.44

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following results:

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 LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of AUD/JPY indicates that the overall trend is not clearly defined. This indecision could turn into a bullish trend due to the strong bullish signals currently being given by short-term moving averages. An assessment of moving averages reveals several bearish and bullish signals:

Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour

Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour

The technical indicators are bullish. There is still some doubt about the price increase.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour

SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Near resistance of triangle

Type : Bearish

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

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	98.91	99.19	99.38	99.44	99.64	100.02	100.24
Change (%)	-0.53%	-0.25%	-0.06%	-	+0.20%	+0.58%	+0.80%
Change	-0.53	-0.25	-0.06	-	+0.20	+0.58	+0.80
Level	Minor	Minor	Major	-	Major	Minor	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
Standard	98.06	98.35	98.78	99.07	99.50	99.79	100.22
Camarilla	99.00	99.07	99.13	99.20	99.27	99.33	99.40
Woodie	98.12	98.39	98.84	99.11	99.56	99.83	100.28
Fibonacci	98.35	98.63	98.80	99.07	99.35	99.52	99.79

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	96.18	97.46	98.26	99.54	100.34	101.62	102.42
Camarilla	98.50	98.69	98.88	99.07	99.26	99.45	99.64
Woodie	95.95	97.34	98.03	99.42	100.11	101.50	102.19
Fibonacci	97.46	98.25	98.74	99.54	100.33	100.82	101.62

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	93.62	95.26	96.91	98.55	100.20	101.84	103.49
Camarilla	97.66	97.96	98.26	98.56	98.86	99.16	99.47
Woodie	93.63	95.26	96.92	98.55	100.21	101.84	103.50
Fibonacci	95.26	96.52	97.29	98.55	99.81	100.58	101.84

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):	57.49
MACD (12,26,9):	0.0500
Directional Movement:	6.31
AROON (14):	50.00
DEMA (21):	99.34
Parabolic SAR (0,02-0,02-0,2):	99.20
Elder Ray (13):	0.13
Super Trend (3,10):	99.52
Zig ZAG (10):	99.42
VORTEX (21):	1.1600
Stochastique (14,3,5):	79.46
TEMA (21):	99.41
Williams %R (14):	-29.63
Chande Momentum Oscillator (20):	0.08
Repulse (5,40,3):	0.0000
ROCnROLL:	1
TRIX (15,9):	0.0000
Courbe Coppock:	0.39

MA7:	99.62
MA20:	99.29
MA50:	98.48
MA100:	97.61
MAexp7:	99.37
MAexp20:	99.28
MAexp50:	99.29
MAexp100:	99.42
Price / MA7:	-0.18%
Price / MA20:	+0.15%
Price / MA50:	+0.97%
Price / MA100:	+1.87%
Price / MAexp7:	+0.07%
Price / MAexp20:	+0.16%
Price / MAexp50:	+0.15%
Price / MAexp100:	+0.02%

Quotes : - Real time data - Forex

News

Don't forget to follow the news on AUD/JPY. At the time of publication of this analysis, the latest news was as follows:

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

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