AUDJPY Australian Dollar - Japan Yen Forecast, Technical & Fundamental Analysis

AUDJPY in upward trend: price expected to rise as it breaks its lower Bollinger Band on December 30, 2024

AUDJPY may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 48 cases where AUDJPY's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Aroon Indicator entered an Uptrend today. In of 304 cases where AUDJPY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 97 cases where AUDJPY's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Momentum Indicator moved below the 0 level on January 11, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on AUDJPY as a result. In of 131 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for AUDJPY turned negative on January 10, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 99 similar instances when the indicator turned negative. In of the 99 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where AUDJPY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .