AUD/JPY – 30M – BUY

AUD/JPY on the 30-minute timeframe is firing a dense cluster of bullish signals, including Trendline Retreat Up, Double Top Retreat Up, STOCH OS Exit, EMA 200 Retreat Up, KAMA Retreat Up, MAMA Cross Down, SMA 200 Retreat Up, and HT SINE Cross Up, among others. This confluence suggests strong buying pressure at a key support zone, with multiple indicators aligning to confirm a potential reversal from the recent bearish move. The retreat patterns indicate that price has pulled back to and bounced from significant moving averages and trendlines, while the stochastic oversold exit and sine wave cross add momentum confirmation. The nearest resistance sits at 114.560, with support at 114.254.

Across higher timeframes, the trend is predominantly bullish, with the 4H, 8H, and 12H showing trend formation (strength 2/5). However, the 15M and 30M are still bearish and choppy, suggesting the bullish signal on the 30M may be a counter-trend bounce within a larger bullish context. The alignment of multiple signal groups (support/resistance, trendline, chart pattern, candlestick, divergence, Fibonacci) strengthens the case for a move higher, but traders should watch for confirmation above the recent swing highs.