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

AUD/JPY - 1H - Technical analysis published on 10/21/2019 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
67%
0%
33%
My opinion
Bullish above 74.40 JPY
My targets
74.69 JPY (+0.21%)
75.94 JPY (+1.89%)
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 74.40 JPY. The next resistance located at 74.69 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 75.94 JPY. After this resistance, buyers could then target 77.83 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 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
0
10
8.2

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The AUD/JPY rating is 74.53 JPY. On the day, this instrument gained +0.26% with the lowest point at 74.09 JPY and the highest point at 74.54 JPY. The deviation from the price is +0.59% for the low point and -0.01% for the high point.

74.09
74.54
74.53

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of AUD/JPY in 1H shows a strongly overall bullish trend. 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

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:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


CCI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 73.08 73.62 74.40 74.53 74.69 75.94 77.83
Change (%) -1.95% -1.22% -0.17% - +0.21% +1.89% +4.43%
Change -1.45 -0.91 -0.13 - +0.16 +1.41 +3.30
Level Major Intermediate Intermediate - Major Minor Intermediate



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard73.9374.0274.1874.2774.4374.5274.68
Camarilla74.2774.2974.3274.3474.3674.3974.41
Woodie73.9774.0474.2274.2974.4774.5474.72
Fibonacci74.0274.1274.1774.2774.3774.4274.52


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard72.0372.5173.4373.9174.8375.3176.23
Camarilla73.9674.0874.2174.3474.4774.6074.73
Woodie72.2472.6273.6474.0275.0475.4276.44
Fibonacci72.5173.0573.3873.9174.4574.7875.31


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard67.7869.4371.1972.8474.6076.2578.01
Camarilla72.0072.3272.6372.9473.2573.5773.88
Woodie67.8369.4671.2472.8774.6576.2878.06
Fibonacci69.4370.7471.5472.8474.1574.9576.25

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): 64.64
MACD (12,26,9): 0.0800
Directional Movement: 10.18
AROON (14): 57.14
DEMA (21): 74.45
Parabolic SAR (0,02-0,02-0,2): 74.19
Elder Ray (13): 0.07
Super Trend (3,10): 74.17
Zig ZAG (10): 74.50
VORTEX (21): 1.0500
Stochastique (14,3,5): 88.64
TEMA (21): 74.44
Williams %R (14): -4.76
Chande Momentum Oscillator (20): 0.19
Repulse (5,40,3): 0.1400
ROCnROLL: 1
TRIX (15,9): 0.0100
Courbe Coppock: 0.32
MA7: 73.84
MA20: 72.95
MA50: 72.75
MA100: 73.76
MAexp7: 74.43
MAexp20: 74.35
MAexp50: 74.17
MAexp100: 73.91
Price / MA7: +0.93%
Price / MA20: +2.17%
Price / MA50: +2.45%
Price / MA100: +1.04%
Price / MAexp7: +0.13%
Price / MAexp20: +0.24%
Price / MAexp50: +0.49%
Price / MAexp100: +0.84%

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

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