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AUD/JPY Daily Analysis


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On an hour chart the price of audjpy is moving in narrow range of price between 79.10-79.30. The other indicator such as Macd (12,26,9) is moving flat, Rsi (14) also is flat on level 54.Stochastic (5,3,3) is flat on level 70. So overall the prediction is that trend still sideways with the bigger range between 79.00-79.50.

 
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Candlestick bearish engulfing pattern formed on 1 hour frame of audjpy with the lowest price break middle band. Other indicators indicated strong bearish trend, RSI and Stoch respectively fall to 53 nd 83, while Macd is forming a high lower. Overll, this means the price may fall to lower band at 78.80

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Sma (10) seen fall down and cut the middle band on audjpy's 30 minutes frame. Combined with RSI(14) which fall down to 44 and Stochastic (5,3,3) fall to level 32, the bias is limited bearish plus Macd (12,26,9) forms lowers low. The price may fall to lower band at 78.10.

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Pinbar formed on H1 chart of AUDJPY while failed to close the price above resistance at level 80.00. Other indicators such as RSI (14) observed to fall to 58. Macd (12,26,9) forms higher low and Stochastic (5,3,3) also fall to around level 48. Price bias is strong bearish with the price itself may fall sharply and break the lower band at 79.55.

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audjpy in last asian session cannot fall further thanks to strong psychological support at 78.00, after that the price formed double bottom pattern on H1 frame indicated bullish pressure starting. Stochastic (5,3,3) and RSI(14) rise respectively to  25 for Stoch and 28 for RSI. Macd (12,26,9) forms lowers high and the bias is strong bullish with the price may rise to closer resistance in middle band area at 78.80.

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AUDJPY on H1 chart also opened with small gaps after we can see the bullish harami formed last weekend. This condition can be a signal for traders that the price of this pair may strengthening to around level 78.50 and may broke it if the continuous trend is strong enough to push the price.

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  • 3 weeks later...

Again bearish engulfing pattern candle formed on H1 frame of AUDJPY. The price seems able to break middle band down and closed below. Stochastic (5,3,3) shows it rise to around 64. RSI(14) fall to around level 48 while Macd (12,26,9) formed higher low. Price bias is still strong bearish with support on lower band (74.85) and to the lowest point of 5th july(74.45).

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AUDJPY on 4 hours time frame just formed shooting star with the price exactly closed at pivot point which located at 80.84. Stochastic (5,3,3) fall to around level 56.

RSI (14) fall to around level 70. Macd (12,26,9) also formed higher low. The bias is strong bearish and current support is located at the area between 79.17 up to 78.01.

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H1 time frame saw the current price of AUDJPY is exactly opened below ppivot level and MA20 which indicated bearish pressure since yesterday and maybe in few hours later. Other signals indicator which are RSI (14) down to level 41 and Stochastic(5,3,3) saw the current trend is falling down to level 58. My prediction this pair may fall and overwhelmed by bearish sentiment.

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  • 3 weeks later...

On 1 hour time frame of AUDJPY, it seems audjpy formed bullish engulfing pattern followed by few bull candle indicated the price is under bullish trend. Other indicators such as Rsi(14) is rising and now at around level 70, Stochastic (5,3,3) also rise to around level 69 and Macd (12,26,9) forms higher high formation. The bias is bullish with the price go to psychology resistance at 78.002.

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AUDJPY descend down through the psychological support at 78.009, the price continued to fall and closed below the lower band. RSI (14) observed to fall down to level 18. Stochastic (5,3,3) also do the same with fall to level 19. Macd (12,26,9) creates higher low formation . Bias is bearish and price seems will fall towards support at 77.002.

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Bearish engulfing candlestick pattern formed in the AUDJPY pair on the daily time frame. The price is moving below the middle band but doesn't show any sign will reach lower band. RSI (14) fall down to level 46. Stochastic (5,3,3) observed to descend to level 22 while Macd (12,26,9) formed higher lower. Bias is bearish with the price may descend to the lower level or up to level 76.50.

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On H1 chart, AUDJPY looks just formed a double bottom pattern and become the valid reason as an indication of reversal. Macd also formed lower highs indicated the reversal plus RSI(14) which just out from the oversold zone. Therefore, now the AUDJPY was trying rising and will likely be towards immediate resistance which is also a high level AUDJPY which it has yesterday at 77.505.

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Hammer spotted first but followed by bullish gap on AUDJPY's H1 time frame chart. The price also break the middle band. RSI(14) and Stochastic(5,3,3) both are rising to level 47 and 30 respectively, while in the other side MACD(12,26,9) formed lower highs. Bias is bullish and clearly the price wil rise further up to 76.753.

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One word for AUDJPY sideway, this pair doesn't have much movement based on H1 chart. RSI seems like stuck in around 54 while Stochastic (5,3,3) stuck in around 55. The price also don't show any sentiment despite of the other pairs movement. AUDJPY's bias is clearly sideway with no clear trend, it is better to stay away from this pair.

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It seems that AUDJPY on H1 chart is sideway without much meaningful movement , RSI observed only fell few bits to 68, Stoch fall to 34. MACD forms lower high. Price also failed to break middle band and move along it without even touch the lower band. EMA20 also forming horizontal line. I recommend to stay away from this pair because of its sideways.

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The price of AUDJPY break the middle band of 1 hour time frame combined with Stochastic(5,3,3) which rose to level 78, while RSI(14) rose to around level 74. MACD forms higher high. Bias is bullish and price may rise further even to resistance level at 77.120.

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The price formed white big candle on AUDJPY's h1 chart and broke pivot line also successfully closed above that line. Not just that the price able to break EMA20. Other indicators: RSI (14) rose towards level 64 while Stochastic rose to level 53. Price bias is bullish and may rise towards 2nd resistance level at 77.246

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AUDJPY rejected by 1st resistance level at 77.23 and lower band. The price is under bearish sentiment considering that 3 indicators say so. RSI (14) fell to level 54, while Stochastic (5 , 3, 3) observed fall to around level 64, MACD on the other hand just formed higher low. For now this pair under bearish sentiment and my fall towards 77.04

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Based on 30 minutes chart of AUDJPY, the price is moving above pivot and managed to break the first and second resitsance level. RSI (14) actually spotted itself rise to level 66, while Stochastic (5, 3, 3) rose to level 63. The prediction for this pair is bullish and the next target is at 77.622

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I saw correction in the previous candle on AUDJPY's 1 hour time frame. The price of this pair is also moving above EMA20 plus the rejection of today's pivot line. At the moment, it seems RSI and Stochastic also rise to level 71 and 77. So i can say this one is bullish and the next target could be at 78.201

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AUDJPY On 1 hour chart is moving in bullish movement. and also thanks to the bullish engulfing pattern formed. RSI in this case spotted to rise at level 64, while Stochastic (5,3,3) also rise to around level 89. MACD is higher low. This pair seems to be bullish and may reach the target at 78.10.

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On 1 hour chart of AUDJPY formed a hammer followed by bullish candle but after that there is a quite strong bearish candle. RSI spotted to rise to around level 46, while Stochastic (5,3,3) rise to level 76. MACD seems formed higher low. With Supermath indicator is showing SELL signal, but this pair seems will fall a bit before rise once again.

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On 1 hour time frame AUDJPY formed hanging man and also gives more indication for bearish sentiment. Not just that the price also rejected by EMA20 and today's pivot. Parabolic SAR indicator (0.02,0.2) showed sell signals and RSI(14) fell down to level 22 while Stochastic(5,3,3) fell down to level 8 which means oversold. This pair may fall down to 75.00 with its bearish bias.

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Bearish engulfing pattern and big black candle spotted on 1 hour time frame of AUDJPY. RSI and Stochastic both supported this condition. RSI fell to level 45 while Stochastic fell to near level 32. MACD a bit different with formed higher low from higher high. Parabolic SAR in this case is showing bearish signal and price is below EMA100. The bias based on those conditions is bearish with target at 76.36

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