AUD/JPY
AUD JPY
- JPY (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: AUDJPY
ISIN:

AUD/JPY - 1H - Technical analysis published on 05/14/2024 (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
33%
6%
61%
My opinion
Bullish above 102.47 JPY
My targets
103.45 JPY (+0.21)
104.40 JPY (+1.16)
My analysis
AUD/JPY is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 102.47 JPY. The next resistance located at 103.45 JPY is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 104.40 JPY. After this resistance, buyers could then target 105.04 JPY. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
7

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

AUD/JPY rating 103.24 JPY. The price is lower by -0.05% since the last closing with the lowest point at 103.18 JPY and the highest point at 103.33 JPY. The deviation from the price is +0.06% for the low point and -0.09% for the high point.

103.18
103.33
103.24

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 HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in 1H 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, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 11 are neutral and 1 are bearish. The Central Indicators scanner found no further results concerning independent technical indicators.

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 100.61 101.58 102.47 103.24 103.45 105.04
Change (%) -2.55% -1.61% -0.75% - +0.20% +1.74%
Change -2.63 -1.66 -0.77 - +0.21 +1.80
Level Major Minor Minor - Major Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard102.14102.38102.83103.07103.52103.76104.21
Camarilla103.10103.16103.23103.29103.35103.42103.48
Woodie102.26102.43102.95103.12103.64103.81104.33
Fibonacci102.38102.64102.80103.07103.33103.49103.76


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard99.41100.18101.52102.29103.63104.40105.74
Camarilla102.27102.46102.66102.85103.04103.24103.43
Woodie99.69100.32101.80102.43103.91104.54106.02
Fibonacci100.18100.99101.49102.29103.10103.60104.40


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard91.1294.4598.30101.63105.48108.81112.66
Camarilla100.18100.83101.49102.15102.81103.47104.13
Woodie91.3894.5898.56101.76105.74108.94112.92
Fibonacci94.4597.1998.89101.63104.37106.07108.81

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): 59.30
MACD (12,26,9): 0.0800
Directional Movement: 2.18
AROON (14): 71.43
DEMA (21): 103.29
Parabolic SAR (0,02-0,02-0,2): 103.18
Elder Ray (13): 0.03
Super Trend (3,10): 102.99
Zig ZAG (10): 103.23
VORTEX (21): 1.1500
Stochastique (14,3,5): 57.73
TEMA (21): 103.30
Williams %R (14): -50.00
Chande Momentum Oscillator (20): 0.00
Repulse (5,40,3): -0.0500
ROCnROLL: 1
TRIX (15,9): 0.0100
Courbe Coppock: 0.15
MA7: 102.65
MA20: 101.53
MA50: 99.88
MA100: 98.60
MAexp7: 103.24
MAexp20: 103.18
MAexp50: 103.02
MAexp100: 102.78
Price / MA7: +0.57%
Price / MA20: +1.68%
Price / MA50: +3.36%
Price / MA100: +4.71%
Price / MAexp7: -0%
Price / MAexp20: +0.06%
Price / MAexp50: +0.21%
Price / MAexp100: +0.45%

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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