AUD/JPY - 1H - Technical analysis published on 10/15/2019 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 73.00 JPY
My targets
73.59 JPY (+0.15%)
73.96 JPY (+0.65%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on AUD/JPY as long as the price remains well above 73.00 JPY. The buyers” bullish objective is set at 73.59 JPY. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 73.96 JPY. If there is any crossing, the next objective would be the resistance located at 74.69 JPY. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
0
10
7.5
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This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
AUD/JPY rating 73.48 JPY. On the day, this instrument gained +0.05% and was traded between 73.08 JPY and 73.69 JPY over the period. The price is currently at +0.55% from its lowest and -0.28% from its highest.73.08
73.69
73.48
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
A study of price movements over other periods shows the following variations:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of AUD/JPY indicates that the overall trend is strongly bullish. 82.14% 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. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
In fact, 14 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
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
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 72.20 | 72.40 | 73.00 | 73.48 | 73.59 | 73.96 | 74.69 |
| Change (%) | -1.74% | -1.47% | -0.65% | - | +0.15% | +0.65% | +1.65% |
| Change | -1.28 | -1.08 | -0.48 | - | +0.11 | +0.48 | +1.21 |
| Level | Intermediate | Intermediate | Minor | - | Minor | Intermediate | Major |
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 | 72.29 | 72.65 | 73.04 | 73.40 | 73.79 | 74.15 | 74.54 |
| Camarilla | 73.23 | 73.30 | 73.37 | 73.44 | 73.51 | 73.58 | 73.65 |
| Woodie | 72.32 | 72.66 | 73.07 | 73.41 | 73.82 | 74.16 | 74.57 |
| Fibonacci | 72.65 | 72.93 | 73.11 | 73.40 | 73.68 | 73.86 | 74.15 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 70.20 | 71.02 | 72.32 | 73.14 | 74.44 | 75.26 | 76.56 |
| Camarilla | 73.04 | 73.23 | 73.43 | 73.62 | 73.81 | 74.01 | 74.20 |
| Woodie | 70.44 | 71.14 | 72.56 | 73.26 | 74.68 | 75.38 | 76.80 |
| Fibonacci | 71.02 | 71.83 | 72.33 | 73.14 | 73.95 | 74.45 | 75.26 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 67.78 | 69.43 | 71.19 | 72.84 | 74.60 | 76.25 | 78.01 |
| Camarilla | 72.00 | 72.32 | 72.63 | 72.94 | 73.25 | 73.57 | 73.88 |
| Woodie | 67.83 | 69.46 | 71.24 | 72.87 | 74.65 | 76.28 | 78.06 |
| Fibonacci | 69.43 | 70.74 | 71.54 | 72.84 | 74.15 | 74.95 | 76.25 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 55.89 | |
| MACD (12,26,9): | 0.0100 | |
| Directional Movement: | 14.43 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 73.30 | |
| Parabolic SAR (0,02-0,02-0,2): | 72.94 | |
| Elder Ray (13): | 0.28 | |
| Super Trend (3,10): | 73.04 | |
| Zig ZAG (10): | 73.52 | |
| VORTEX (21): | 1.0400 | |
| Stochastique (14,3,5): | 70.44 | |
| TEMA (21): | 73.31 | |
| Williams %R (14): | -19.74 | |
| Chande Momentum Oscillator (20): | 0.17 | |
| Repulse (5,40,3): | 0.3400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 0.32 |
| MA7: | 72.82 | |
| MA20: | 72.78 | |
| MA50: | 72.55 | |
| MA100: | 73.82 | |
| MAexp7: | 73.40 | |
| MAexp20: | 73.34 | |
| MAexp50: | 73.31 | |
| MAexp100: | 73.14 | |
| Price / MA7: | +0.91% | |
| Price / MA20: | +0.96% | |
| Price / MA50: | +1.28% | |
| Price / MA100: | -0.46% | |
| Price / MAexp7: | +0.11% | |
| Price / MAexp20: | +0.19% | |
| Price / MAexp50: | +0.23% | |
| Price / MAexp100: | +0.46% |
News
The last news published on AUD/JPY at the time of the generation of this analysis was as follows:
-
Weekly Technical Analysis: 15/10/2019 - GBPUSD, EURJPY, AUDJPY
-
Weekly Technical Analysis: 01/07/2019 - USDJPY, USDCAD, AUDJPY
-
Weekly Technical Analysis: 13/05/2019 - EURCHF, GBPJPY, AUDJPY
-
FX Price Action Setups in EUR/USD, GBP/USD, AUD/JPY and GBP/JPY
-
Weekly Technical Analysis: 04/02/2019 - USDJPY, AUDJPY, EURGBP
This member declared not having a position on this financial instrument or a related financial instrument.
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