AUD/JPY Price Forecast: Extends bearish spell below 111.50 as downside bias persists
AUD/JPY Price Forecast: Softens to near 111.50 on intervention fears and bearish technical bias
AUD/JPY Price Forecast: Weakens below 112.00 on intervention fears, bearish bias below 100-day SMA
AUD/JPY Price Forecast: Holds losses below 113.00 on intervention fears, bias stays mildly bullish
AUD/JPY Price Forecast: Bears defend 50-day SMA as intervention risks linger
AUD/JPY Price Forecast: Constructive bias prevails above 113.00, but neutral RSI spurs consolidation
The Bank of Japan hiked. The Reserve Bank of Australia paused.
AUD/JPY Price Forecast: Strengthens above 113.00, positive tone remains intact
AUD/JPY Price Forecast: Drifts higher above 112.50, upside momentum fades but remains bullish
Middle East peace hopes sparked a broad risk-on rally across financial markets, lifting equities and metals while weighing on the US dollar. The shift in sentiment pushed USD/JPY below the key 160 level and helped AUD/JPY rebound from support, although both moves remain highly dependent on whether a formal peace agreement ultimately materialises.
AUD/JPY Price Forecast: Gains ground to near 112.50, uptrend holds above 100-day SMA
AUD/JPY Price Forecast: Strengthens above 113.00, hawkish RBA supports uptrend above 100-day SMA