AUD/JPY Price Forecast: Holds steady near 110.00, bearish technicals persist
AUD/JPY Price Forecast: Yen strength keeps 110.00 in sight
AUD/JPY Price Forecast: Softens below 111.00, bearish vibe prevails below 100-day SMA
AUD/JPY Price Forecast: Weakens below 111.00, remains capped below 100-day SMA
TL;DR: Strong Japanese GDP and wage data have pushed a September BoJ hike to near-certainty, and while AUD/JPY and NZD/JPY are both falling on Yen strength, the underlying stories differ — Australia's hawkish RBA narrative is meeting domestic resistance, while New Zealand's tightening path has failed to convince markets it will extend.
AUD/JPY Price Forecast: Rebounds above 112.50, while staying constrained below 100-day SMA
AUD/JPY Price Forecast: Strengthens above 114.50 as bullish technical setup holds
AUDJPY currency pair recently reversed from the resistance zone between the long-term resistance level 115.00 (which has been reversing the price from April) the upper daily Bollinger Band.
AUD/JPY Price Forecast: Declines to near 114.50, but maintains bullish tone above 100-day SMA
AUD/JPY Price Forecast: Gains ground to near 114.50, bullish tone prevails above 100-day SMA
AUD/JPY Price Forecast: Rally extends further to near 114.30 as hawkish RBA bets accelerate
TL;DR: Japan's data is strengthening and Australia's is weakening, yet AUD/JPY keeps rising — because the cross is trading on the global yield backdrop and carry differential, not on either country's local fundamentals.