AUD/JPY – 1D – SELL

The AUD/JPY daily chart has fired a cluster of bearish signals, including a Bear Flag pattern, a Death Cross (SMA 20/50), a BOP Zero Cross Down, and a Fibonacci Break DownTrend at the 24% level. These indicators collectively point to a strong bearish bias, with the pair likely to continue its descent toward the nearest support at 109.23100, while the nearest resistance sits at 114.65800. The alignment of these signals across different indicator groups (chart pattern, Fibonacci, and momentum) enhances the conviction behind the bearish outlook.

Across timeframes, the trend is predominantly bearish on the lower timeframes (15m to 2h), with solid trend scores, while the higher timeframes (4h to 12h) still show bullish tendencies, creating a mixed picture. However, the daily timeframe itself is turning bearish, which is significant as it is the primary timeframe for this signal. The bearish momentum on the lower timeframes and the daily Death Cross suggest that the pair is likely to follow through with the bearish move, but the conflicting bullish higher timeframes could provide temporary support or cause a bounce. Traders should watch the key levels closely, as a break below support would confirm the bearish continuation, while a move above resistance would invalidate the signal.