AUD/JPY – 30M – BUY

The AUD/JPY 30-minute chart has triggered a cluster of bullish signals, including a Trendline Break Up, Trendline Retreat Up, Ascending Channel, BOP Zero Cross Up, STOCH KD Cross Up, EMA Retreat Up, and KAMA Retreat Up, among others. These signals collectively point to strong upward momentum on the intraday timeframe, reinforced by a very strong signal strength and a 98% probability. The confluence of trendline, chart pattern, and indicator signals suggests that buyers are in control, with the price likely to continue higher as long as it holds above the nearest support at 112.06700.

However, the higher timeframes present a conflicting picture. While the 15m, 30m, 2h, and 4h timeframes are bullish, the 1h, 8h, 12h, and 1d timeframes are bearish, with the latter three showing solid trends (3/5). This divergence implies that the current bullish move may be a counter-trend rally within a larger downtrend. The absence of a defined nearest resistance level adds uncertainty, as there is no clear overhead target. Traders should monitor the 112.06700 support level closely; a break below it would invalidate the bullish setup and signal a resumption of the broader bearish trend.