AUD/JPY – 30M – SELL

The AUD/JPY 30-minute chart has triggered a cluster of bearish signals, including a Trendline Break Up, BOP Zero Cross Down, RSI OB Exit, STOCH KD Cross Down, DEMA Retreat Down, Bearish Engulfing, and Shooting Star. These signals collectively indicate a loss of upward momentum and a potential shift to bearish pressure in the short term. The confluence of candlestick patterns and indicator reversals at the same time strengthens the bearish case, though the overall signal strength is weak and probability is moderate at 60%.

Across higher timeframes, the trend is predominantly bullish from 15 minutes up to 4 hours, with the 30-minute and 1-hour trends forming. However, the 8-hour, 12-hour, and daily timeframes are bearish, with the 8-hour and 12-hour showing solid downtrends. This mixed picture suggests that the immediate bearish signals may be a pullback within a larger bullish structure, but the higher-timeframe bearishness could provide additional downside potential. The nearest support is at 111.89300, which is a key level to watch; a break below could accelerate selling, while a hold might lead to a bounce.