AUD/JPY
AUD JPY
- JPY (-)
- Real time data - Forex
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Type: Forex
Ticker: AUDJPY
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AUD/JPY - 1H - Technical analysis published on 04/17/2024 (GMT)

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

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Slightly bearish
Technical indicators
61%
11%
28%
My opinion
Bullish above 99.19 JPY
My targets
99.64 JPY (+0.31)
100.02 JPY (+0.69)
My analysis
The strong short-term increase in AUD/JPY calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 99.19 JPY, you could consider taking advantage of the short-term movement. The first bullish objective is located at 99.64 JPY. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 100.02 JPY as an objective. Crossing it would then enable buyers to target 100.24 JPY. Caution, a return under 99.19 JPY could jeopardize the reversal.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
2.3

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:
15 min. Daily Weekly

Additional analysis

Quotes

The AUD/JPY price is 99.33 JPY. On the day, this instrument gained +0.13% and was between 99.00 JPY and 99.54 JPY. This implies that the price is at +0.33% from its lowest and at -0.21% from its highest.

99.00
99.54
99.33

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:

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 LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of AUD/JPY in 1H shows an overall slightly bearish trend. 53.57% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages indicate that this slightly bearish trend could quickly be reversed. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish trend reversal : adaptative moving average 50

Type : Bullish

Timeframe : 1 hour



In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour


Ichimoku : price is over the cloud

Type : Bullish

Timeframe : 1 hour



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

Central Patterns

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



From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:

Central Candlesticks

Bearish doji star

Type : Bearish

Timeframe : 1 hour


Doji

Type : Neutral

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 98.73 98.91 99.19 99.33 99.38 99.64 100.02
Change (%) -0.60% -0.42% -0.14% - +0.05% +0.31% +0.69%
Change -0.60 -0.42 -0.14 - +0.05 +0.31 +0.69
Level Intermediate Minor Minor - Major Major 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
Standard98.0698.3598.7899.0799.5099.79100.22
Camarilla99.0099.0799.1399.2099.2799.3399.40
Woodie98.1298.3998.8499.1199.5699.83100.28
Fibonacci98.3598.6398.8099.0799.3599.5299.79


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard96.1897.4698.2699.54100.34101.62102.42
Camarilla98.5098.6998.8899.0799.2699.4599.64
Woodie95.9597.3498.0399.42100.11101.50102.19
Fibonacci97.4698.2598.7499.54100.33100.82101.62


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard93.6295.2696.9198.55100.20101.84103.49
Camarilla97.6697.9698.2698.5698.8699.1699.47
Woodie93.6395.2696.9298.55100.21101.84103.50
Fibonacci95.2696.5297.2998.5599.81100.58101.84

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): 53.36
MACD (12,26,9): 0.0200
Directional Movement: -1.01
AROON (14): 50.00
DEMA (21): 99.27
Parabolic SAR (0,02-0,02-0,2): 99.48
Elder Ray (13): 0.08
Super Trend (3,10): 99.52
Zig ZAG (10): 99.32
VORTEX (21): 1.1000
Stochastique (14,3,5): 41.36
TEMA (21): 99.30
Williams %R (14): -40.74
Chande Momentum Oscillator (20): 0.05
Repulse (5,40,3): 0.0900
ROCnROLL: 1
TRIX (15,9): 0.0000
Courbe Coppock: 0.15
MA7: 99.60
MA20: 99.29
MA50: 98.48
MA100: 97.61
MAexp7: 99.27
MAexp20: 99.26
MAexp50: 99.28
MAexp100: 99.41
Price / MA7: -0.27%
Price / MA20: +0.04%
Price / MA50: +0.86%
Price / MA100: +1.76%
Price / MAexp7: +0.06%
Price / MAexp20: +0.07%
Price / MAexp50: +0.05%
Price / MAexp100: -0.08%

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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