AUD/JPY - 1H - Technical analysis published on 03/13/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Bearish
Technical indicators
67%
0%
33%
My opinion
Bearish under 66.94 JPY
My targets
66.30 JPY (-0.26)
65.94 JPY (-0.62)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 66.94 JPY remains possible. It is advisable to trade AUD/JPY with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 66.94 JPY. The next bearish objective for sellers is set at 66.30 JPY. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 65.94 JPY. In case of crossing, the next objective would be the support located at 65.05 JPY. PS: if there is a bullish break in the resistance located at 66.94 JPY we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
FORCE
0
10
0.4
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The AUD/JPY price is 66.56 JPY. The price registered a decrease of +1.34% on the session with the lowest point at 65.67 JPY and the highest point at 66.96 JPY. The deviation from the price is +1.36% for the low point and -0.60% for the high point.65.67
66.96
66.56
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.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by AUD/JPY:
New LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of AUD/JPY indicates that the overall trend is bearish. The signals given by moving averages are 71.43% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 64.35 | 65.05 | 65.94 | 66.56 | 67.69 | 68.99 | 70.30 |
Change (%) | -3.32% | -2.27% | -0.93% | - | +1.70% | +3.65% | +5.62% |
Change | -2.21 | -1.51 | -0.62 | - | +1.13 | +2.43 | +3.74 |
Level | Intermediate | Intermediate | Minor | - | Intermediate | 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 |
---|---|---|---|---|---|---|---|
Standard | 61.78 | 63.41 | 64.55 | 66.18 | 67.32 | 68.95 | 70.09 |
Camarilla | 64.92 | 65.17 | 65.43 | 65.68 | 65.93 | 66.19 | 66.44 |
Woodie | 61.53 | 63.29 | 64.30 | 66.06 | 67.07 | 68.83 | 69.84 |
Fibonacci | 63.41 | 64.47 | 65.13 | 66.18 | 67.24 | 67.90 | 68.95 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 66.94 | 68.17 | 69.06 | 70.29 | 71.18 | 72.41 | 73.30 |
Camarilla | 69.38 | 69.57 | 69.77 | 69.96 | 70.15 | 70.35 | 70.54 |
Woodie | 66.78 | 68.09 | 68.90 | 70.21 | 71.02 | 72.33 | 73.14 |
Fibonacci | 68.17 | 68.98 | 69.48 | 70.29 | 71.10 | 71.60 | 72.41 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 63.22 | 66.30 | 68.31 | 71.39 | 73.40 | 76.48 | 78.49 |
Camarilla | 68.92 | 69.39 | 69.85 | 70.32 | 70.79 | 71.25 | 71.72 |
Woodie | 62.69 | 66.03 | 67.78 | 71.12 | 72.87 | 76.21 | 77.96 |
Fibonacci | 66.30 | 68.24 | 69.45 | 71.39 | 73.33 | 74.54 | 76.48 |
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): | 50.78 | |
MACD (12,26,9): | -0.1500 | |
Directional Movement: | 3.29 | |
AROON (14): | -14.29 | |
DEMA (21): | 66.15 | |
Parabolic SAR (0,02-0,02-0,2): | 67.13 | |
Elder Ray (13): | 0.25 | |
Super Trend (3,10): | 67.33 | |
Zig ZAG (10): | 66.55 | |
VORTEX (21): | 1.0300 | |
Stochastique (14,3,5): | 67.37 | |
TEMA (21): | 66.30 | |
Williams %R (14): | -21.99 | |
Chande Momentum Oscillator (20): | 1.32 | |
Repulse (5,40,3): | 0.2100 | |
ROCnROLL: | -1 | |
TRIX (15,9): | -0.0600 | |
Courbe Coppock: | 0.40 |
MA7: | 68.05 | |
MA20: | 70.99 | |
MA50: | 73.05 | |
MA100: | 73.93 | |
MAexp7: | 66.33 | |
MAexp20: | 66.41 | |
MAexp50: | 66.89 | |
MAexp100: | 67.56 | |
Price / MA7: | -2.19% | |
Price / MA20: | -6.24% | |
Price / MA50: | -8.88% | |
Price / MA100: | -9.97% | |
Price / MAexp7: | +0.35% | |
Price / MAexp20: | +0.23% | |
Price / MAexp50: | -0.49% | |
Price / MAexp100: | -1.48% |
News
The last news published on AUD/JPY at the time of the generation of this analysis was as follows:
- Australian Dollar Trend Analysis: AUD/USD, AUD/JPY, AUD/NZD on Jobs Report
- Coronavirus Impact on Japanese Yen Positioning: USD/JPY, AUD/JPY Analysis
- FOMC Sends AUD/USD, AUD/JPY, NZD/USD Lower as Long bets Accumulate
- Australian Dollar Analysis: AUD/USD, AUD/JPY, AUD/NZD Rise on CPI Data
- Weekly Technical Analysis: 28/01/2020 - CADJPY, AUDJPY, EURGBP
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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