FX.co ★ AUD/JPY

AUD/JPY H1 Post-Trade Analysis The AUD/JPY H1 chart shows a strong bearish move that developed after the pair failed to sustain its position above the key moving averages. Throughout the earlier sessions, price traded in a relatively stable range and remained supported by the 50-period moving average (blue) and the 100-period moving average (yellow). However, market sentiment gradually shifted as selling pressure increased and buyers lost momentum. A significant warning sign appeared when the price moved below the 50-period moving average and remained unable to recover above it. This indicated weakening bullish strength and suggested that sellers were gaining control. The situation became more bearish when the pair also traded below the 100-period moving average, confirming a change in short-term market structure. The most important development occurred near the end of the chart, where a large bearish candle broke decisively below both the moving averages and recent support levels. This sharp decline demonstrated strong selling momentum and likely triggered additional stop-loss orders, accelerating the downward move. The break of support converted the previous consolidation area into a resistance zone, making it more difficult for buyers to regain control. The 200-period moving average (red) had previously acted as dynamic support during the broader uptrend. However, the latest price action pushed significantly below this level, signaling a potential trend reversal rather than a simple pullback. A sustained move below the 200-period moving average often reflects a shift from bullish to bearish market conditions. The RSI (14) is around 30, indicating that the market is approaching oversold territory. While this suggests the possibility of a short-term corrective bounce, oversold conditions alone do not guarantee an immediate reversal. In strong bearish trends, RSI can remain near or below 30 for an extended period. Overall, the chart presents a bearish outlook. The breakdown below key moving averages and support levels confirms strong seller dominance. Traders should monitor whether price can reclaim the broken support area; otherwise, further downside movement remains the more likely scenario. Any upward retracement may be viewed as a potential selling opportunity unless a clear bullish reversal pattern emerges.