Technical Analysis 11.09.2024

AUDJPY

In the analysis of AUD/JPY, the 15-minute chart shows a price of 94.554 with an RSI of 63.82, indicating short-term bullish momentum. The green Supertrend supports this, though low trading volume suggests limited participation. On the 4-hour chart, the RSI drops to 36.41, reflecting a bearish shift, with the Supertrend turning red, pointing to potential decline. Volume is moderate, indicating increased market engagement. On the daily chart, the RSI falls further to 29.09, deep in oversold territory, with a red Supertrend, signaling a continued bearish outlook. High volume reinforces the long-term downtrend for AUD/JPY.

CADJPY

For CAD/CHF, the 15-minute chart shows a price of 0.62328 and an RSI of 73.71, indicating overbought conditions and short-term bullishness, confirmed by the green Supertrend. However, low volume suggests the move isn’t strongly supported. On the 4-hour chart, the RSI drops to 46.66, signaling a neutral stance, while the red Supertrend suggests a potential bearish shift. Volume is moderate, reflecting increased activity. On the daily chart, the RSI stands at 39.34, indicating bearish sentiment, with the red Supertrend pointing to a continued downtrend. High volume here reinforces the longer-term bearish outlook for CAD/CHF.

GBPAUD

For GBP/AUD, the 15-minute chart shows a price of 1.96196 with an RSI of 35.57, signaling a bearish short-term trend, supported by the red Supertrend. Low volume further indicates weak momentum. On the 4-hour chart, the RSI is 50.79, reflecting a more neutral or slightly bullish outlook, with a green Supertrend suggesting a possible mild upward move. Volume is moderate, showing stable market activity. On the daily chart, the RSI rises to 59.53, suggesting stronger momentum, though the red Supertrend hints at a bearish long-term trend, despite higher volume.

NZDJPY

For NZD/JPY, the 15-minute chart shows a price of 87.148 with an RSI of 59.46, indicating short-term bullish momentum, supported by the green Supertrend. Low trading volume suggests limited strength. On the 4-hour chart, the RSI falls to 34.09, with a red Supertrend, pointing to a medium-term bearish outlook, supported by moderate volume. The daily chart shows the RSI further declining to 32.67, with a red Supertrend indicating a continued bearish trend in the long term, reinforced by higher trading volume.