AUD/JPY

- JPY (-)

- Real time data - Forex

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Type:	Forex
Ticker:	AUDJPY
ISIN:

AUD/JPY - 1H - Technical analysis published on 04/28/2024 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

22%

My opinion

Bullish above 102.01 JPY

My targets

104.92 JPY (+1.47)

105.04 JPY (+1.59)

My analysis

The bullish trend is currently very strong on AUD/JPY. As long as the price remains above the support at 102.01 JPY, you could try to benefit from the boom. The first bullish objective is located at 104.92 JPY. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 105.04 JPY as an objective. 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

8.6

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 price is 103.45 JPY. On the day, this instrument gained +0.00% with the lowest point at 103.01 JPY and the highest point at 103.59 JPY. The deviation from the price is +0.43% for the low point and -0.14% for the high point.

103.01

103.59

103.45

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:

The Central Records scanner for higher/lower results shows the following items:

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

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 strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

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 horizontal support

Type : Bullish

Timeframe : 1 hour

Support of channel is broken

Type : Bearish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	99.58	100.60	101.66	103.45	105.04
Change (%)	-3.74%	-2.75%	-1.73%	-	+1.54%
Change	-3.87	-2.85	-1.79	-	+1.59
Level	Major	Intermediate	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	100.01	100.71	102.08	102.78	104.15	104.85	106.22
Camarilla	102.88	103.07	103.26	103.45	103.64	103.83	104.02
Woodie	100.35	100.88	102.42	102.95	104.49	105.02	106.56
Fibonacci	100.71	101.50	101.99	102.78	103.57	104.06	104.85

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	96.16	97.63	100.54	102.01	104.92	106.39	109.30
Camarilla	102.25	102.65	103.05	103.45	103.85	104.25	104.66
Woodie	96.88	97.99	101.26	102.37	105.64	106.75	110.02
Fibonacci	97.63	99.30	100.34	102.01	103.68	104.72	106.39

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

Technical indicators

Moving averages

RSI (14):	74.70
MACD (12,26,9):	0.4300
Directional Movement:	21.53
AROON (14):	85.72
DEMA (21):	103.38
Parabolic SAR (0,02-0,02-0,2):	102.90
Elder Ray (13):	0.42
Super Trend (3,10):	102.69
Zig ZAG (10):	103.48
VORTEX (21):	1.2900
Stochastique (14,3,5):	83.53
TEMA (21):	103.49
Williams %R (14):	-7.97
Chande Momentum Oscillator (20):	0.84
Repulse (5,40,3):	0.3000
ROCnROLL:	1
TRIX (15,9):	0.0600
Courbe Coppock:	1.64

MA7:	101.26
MA20:	100.17
MA50:	99.02
MA100:	97.92
MAexp7:	103.24
MAexp20:	102.81
MAexp50:	102.11
MAexp100:	101.40
Price / MA7:	+2.16%
Price / MA20:	+3.27%
Price / MA50:	+4.47%
Price / MA100:	+5.65%
Price / MAexp7:	+0.20%
Price / MAexp20:	+0.62%
Price / MAexp50:	+1.31%
Price / MAexp100:	+2.02%

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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