Key Price levels : 82.183 - 86.807 - 89.301 92.199

Weekly Charts pattern : resistance line , W1 Chart.

Weekly Vision

AUD/JPY is moving in a triangle pattern dynamics . The chart analysis is slightly bearish but the Hidden Markov Models Analysis seems to support the trendless analysis. The RSI momentum indicator and a Parabolic Sar distribution integrated with a Volume and Standard Deviation analysis seems to facilitate an slightly bearish.

Daily Vision

The D1 scale indicates that AUD/JPY is with a slightly bullish dynamics. The regime pattern can be described with a bullish channel with a resistance line at 92.199. The AUD trade balance and the China monetary policy can support the slightly bearish trend.

Forecast evaluation

To give an evaluation of the possible movements of the cross it is utilized the Hidden Markov indicator techniques.
With the combination of the price lines and the stochastic Hidden Markov Processes are indicated two possible forecast value.

  1. The forecast value in the bearish is valued at 86.807
  2. The forecast with the bullish cycle is valued at 89.301

Figure 1 describes in a W1 bearish trend with the key price levels.

Figure 2 exhibits the hypothetical path and the forecast value
Translate to English Show original