AUD/JPY – 30M – SELL

The AUD/JPY 30-minute chart has triggered a cluster of bearish signals, including a BOP Zero Cross Down, STOCH KD Cross Down, WILLR OB Exit, EMA 200 Retreat Down, SMA 200 Retreat Down, KDJ OB Exit, SQUEEZE Zero Cross Up, and a Bearish Harami. These signals align with a broader bearish trend across higher timeframes, where the 2H, 4H, 8H, and 12H charts all show solid to very strong bearish trends. The 15M and 30M timeframes are still bullish but choppy and weak, suggesting that the immediate momentum may be turning lower to align with the larger trend. The nearest resistance sits at 110.32500, while the nearest support is at 110.32500, providing a clear level to watch for a breakout or rejection.

The confluence of multiple indicator signals and the bearish harami candlestick pattern strengthens the bearish case. The retreat of both the EMA 200 and SMA 200 on the 30-minute chart further confirms a shift in trend. However, the lower timeframes are still bullish, which could cause short-term countertrend bounces. The key level to monitor is the support at 110.32500; a break below this level would reinforce the bearish outlook, while a sustained hold could lead to consolidation or a reversal. Traders should watch for momentum confirmation on the 30-minute chart and any signs of higher timeframe support.