AUDJPY Neutral

Analysis Price: 93.38 (Updated: 17 May 2025, 15:39 UTC)

Comprehensive analysis for AUDJPY showing neutral market sentiment. Market structure, technical patterns, and key levels examined across multiple timeframes.

Select Currency Pair

Signal Overview

Neutral Medium Confidence High Risk

Market Consensus:

53% Long

47% Short

Valid Timeframes:

M15 H1 H4 D1

Signal Analysis:

The analysis indicates a neutral outlook for AUDJPY. Supporting factors include: The relative strength between AUD and JPY is balanced; Technical patterns identified: Rectangle (H4), Rectangle (H4). Contradicting factors: Retail sentiment is 57% bullish. Risk assessment for this trade is high. This signal is most valid on the M15, H1, H4, D1 timeframes.

Sentiment Analysis

LONG SHORT

57% 43%

Historical Sentiment (7 Days)

Sentiment Interpretation

Neutral sentiment with a balanced distribution between long and short positions. This suggests indecision in the market, which could precede a significant move once a clear direction emerges.

Support & Resistance Analysis

Resistance Levels

R1: 95.66 2.43% ↑

Analysis Price: 93.38

Support Levels

S1: 92.74 0.68% ↓

Market Regime:

Range

Analyst Bias:

Unknown

Direction Probability:

50%

Price Position Analysis

Price is currently near support at 92.74 (0.68% below analysis price) with resistance at 95.66 (2.43% above). This position near support could present a potential buying opportunity with a favorable risk-reward ratio.

Chart Pattern Analysis

82%

Rectangle

Reliability:

82%

Detected: May 17, 07:02

60%

Cup and Handle

Reliability:

60%

Detected: May 16, 20:15

54%

Symmetric Triangle

Reliability:

54%

Detected: May 16, 22:35

Pattern Analysis Interpretation

Predominantly neutral patterns detected, suggesting a potential consolidation phase. The most reliable pattern is a neutral Rectangle on the H1 timeframe with 82% historical reliability. Multiple timeframes showing pattern confirmation increases the reliability of the signal.

High Probability Zones

No high probability zones detected for AUDJPY at this time.

Volatility Analysis

Select Timeframe:

Daily Range (pips):

0.7

Volatility Regime:

High

Volatility Level:

90%

10-Day ATR Trend

Volatility Interpretation (H1)

AUDJPY is experiencing high volatility (90 percentile) with an expected daily range of 0.7 pips. This above-average movement creates trading opportunities but requires careful risk management. Consider slightly wider stop losses and moderate position sizing.

Correlation Analysis

Top Correlations with AUDJPY

USDJPY

0.86

EURAUD

-0.86

AUDNZD

0.83

NZDJPY

0.82

GBPJPY

0.72

Correlation Interpretation

Understanding how AUDJPY correlates with other pairs can help with portfolio diversification and risk management. Strong positive correlations (above 0.7) indicate pairs that move similarly, while strong negative correlations (below -0.7) show pairs that typically move in opposite directions.

AUDJPY shows strong positive correlation with: USDJPY, AUDNZD, NZDJPY, GBPJPY. This means these pairs tend to move in the same direction. Trading in the same direction on multiple correlated pairs increases portfolio risk, while finding divergences between correlated pairs can highlight potential reversal opportunities.

AUDJPY shows strong negative correlation with: EURAUD. This means these pairs tend to move in opposite directions. Negatively correlated pairs can be useful for hedging strategies or to confirm signals (a buy signal in one pair would be supported by a sell signal in the negatively correlated pair).

Currency Strength Analysis

Select Timeframe:

AUD

-0.29

Neutral

JPY

0.68

Strong

Relative Strength:

-0.97

Bearish Bias

Currency Strength Interpretation (M15)

JPY is significantly stronger than AUD on the M15 timeframe, with a relative strength of -0.97. This suggests a strong bearish bias for AUDJPY. However, this bias is primarily driven by the strength of JPY.

How to Use This Analysis

This comprehensive analysis provides multiple perspectives on AUDJPY to help inform your trading decisions:

Sentiment Analysis: Use to understand market positioning and potential contrarian opportunities
Support & Resistance: Identify key price levels for setting stop losses and take profits
Pattern Analysis: Recognize technical formations that may indicate continuation or reversal
Volatility Analysis: Adjust position sizing and risk management based on current market conditions
Currency Strength: Compare the relative performance of individual currencies within the pair
Correlation Analysis: Understand how this pair moves in relation to others for portfolio diversification

For optimal results, consider how these different factors align. The strongest trading opportunities typically occur when multiple analytical tools show confirmation across different timeframes.