AUDJPY's Stochastic Oscillator sits in overbought zone for 1 day
Expect a price pull-back in the near future.
Technical Analysis (Indicators)
Bearish Trend Analysis
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where AUDJPY's RSI Indicator exited the oversold zone, of 34 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on December 19, 2024. You may want to consider a long position or call options on AUDJPY as a result. In of 130 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for AUDJPY just turned positive on December 19, 2024. Looking at past instances where AUDJPY's MACD turned positive, the stock continued to rise in of 97 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AUDJPY advanced for three days, in of 315 cases, the price rose further within the following month. The odds of a continued upward trend are .
AUDJPY may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
AUDJPY and Forex
Correlation & Price change
A.I.dvisor tells us that AUDJPY and JPYAUD have been negatively correlated (-99% of the time) for the last year. This A.I.-generated data suggests there is some statistical probability that AUDJPY and JPYAUD's prices could move in opposite directions.
| Ticker / NAME | Correlation To AUDJPY | 1D Price Change % | ||
|---|---|---|---|---|
| AUDJPY | 100% | +0.07% | ||
| JPYAUD - AUDJPY | -99% Negatively correlated | -0.04% |