AUD/JPY – 30M – SELL

The AUD/JPY 30-minute chart is flashing a dense cluster of bearish signals, all pointing in the same direction. The retreat and break below a descending trendline, combined with a Falling Wedge breakdown, suggest sellers are firmly in control and that the recent consolidation has resolved to the downside. The DEMA and EMA retreats confirm that price is actively pulling away from key moving averages, while the BOP Zero Cross Down indicates that buying pressure has decisively waned. The STOCH KD Cross Up is the lone counter-signal, hinting at a short-term oversold bounce, but it is outweighed by the sheer volume of bearish triggers.

Across timeframes, the bearish trend is remarkably consistent. The 4-hour chart shows an extremely strong downtrend, with the 8-hour and 2-hour charts also solidly bearish. Even the 1-day chart is starting to form a bearish trend. This multi-timeframe alignment is a powerful confirmation that the current move is not just a minor pullback but part of a larger downcycle. With the nearest resistance at 110.63700 acting as a ceiling, the path of least resistance remains lower. However, with no clear support level defined, the market is in open territory, which can lead to sharp moves but also increases the risk of a sudden reversal if buyers step in aggressively.