AUD/JPY – 8H – BUY

The 8H chart for AUD/JPY has fired a cluster of bullish signals despite the broader bearish trend across all timeframes. The Trendline Break Down, Double Top, and Triple Top patterns suggest a potential reversal from a prolonged downtrend, while the ADX Trend Strong indicates that the prevailing bearish move may be losing steam. Oversold conditions, as highlighted by the CMO OS Exit, RSI OS Exit, and STOCHRSI KD Cross Up, point to a possible bounce. The BOP Zero Cross Up adds a bullish momentum shift, and the additional signals from candlestick, fibonacci, sr, and trendline groups reinforce the case for a corrective rally.

However, the alignment across timeframes is not supportive: every timeframe from 15m to 1d is bearish, with the 1H and 2H showing solid downtrends. This suggests that any bullish move is likely counter-trend and may face strong selling pressure. The nearest resistance at 114.65800 is a key barrier; a break above it could open the door to further upside, but failure to hold above support at 112.18000 would invalidate the bullish thesis. Traders should watch for a shift in higher timeframe momentum to confirm a true reversal.