AUD/JPY Price Analysis: Aussie trading in 12-week highs vs. Japanese yen


  • AUD/JPY is trading in 12-week highs as the risk-on mood in Wall Street stays intact.
  • The level to beat for buyers is the 71.75 resistance.
 

AUD/JPY four-hour chart

 
AUD/JPY is printing higher highs and higher lows as the bullish momentum remains intact. The spot is challenging the 71.75 level as the sentiment on Wall Street remains upbeat. Looking up, the next resistance can be located near the 72.50/88 price zone. On the other hand, a sustained break below the 71.10 level could yield further selling in the medium-term with supports seen near the 70.15 and 69.60 levels.  
 

Additional key levels

AUD/JPY

Overview
Today last price 71.58
Today Daily Change 0.26
Today Daily Change % 0.36
Today daily open 71.32
 
Trends
Daily SMA20 69.71
Daily SMA50 68.24
Daily SMA100 70.32
Daily SMA200 72.14
 
Levels
Previous Daily High 71.93
Previous Daily Low 70.82
Previous Weekly High 71.08
Previous Weekly Low 68.65
Previous Monthly High 70.17
Previous Monthly Low 64.4
Daily Fibonacci 38.2% 71.24
Daily Fibonacci 61.8% 71.5
Daily Pivot Point S1 70.78
Daily Pivot Point S2 70.24
Daily Pivot Point S3 69.67
Daily Pivot Point R1 71.9
Daily Pivot Point R2 72.47
Daily Pivot Point R3 73.01

 

 

Share: Feed news

Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Recommended content


Recommended content

Editors’ Picks

AUD/USD recovers above 0.6750 after Australian jobs data

AUD/USD recovers above 0.6750 after Australian jobs data

AUD/USD picks up a late bid and recovers above 0.6750 in Asian trading on Thursday, following the release of mixed Australian employment data. The extended post-Fed US Dollar recovery, amid a cautious market mood, could limit the pair's upside ahead of US data. 

AUD/USD News
USD.JPY jumps toward 144.00 on the road to recovery

USD.JPY jumps toward 144.00 on the road to recovery

USD/JPY gains traction and approaches 144.00 in Thursday's Asian session. The uptick of the pair is bolstered by the impressive US Dollar recovery. Investors shift their attention to the US data and the Bank of Japan interest rate decision on Friday. 

USD/JPY News
Gold price stalls post-FOMC pullback from all-time peak; lacks firm intraday direction

Gold price stalls post-FOMC pullback from all-time peak; lacks firm intraday direction

Gold price oscillates in a range on Thursday and consolidates the previous day's post-FOMC rejection slide from the $2,600 mark or a fresh record high. Persistent geopolitical risks, along with signs of economic trouble in the US and China, lend support to the safe-haven metal.

Gold News
Ethereum attempts recovery following first rate cut in four years

Ethereum attempts recovery following first rate cut in four years

Ethereum is trading above $2,330 on Wednesday as the market is recovering following the Federal Reserve's decision to cut interest rates by 50 basis points. Meanwhile, Ethereum exchange-traded funds recorded $15.1 million in outflows.

Read more
Australian Unemployment Rate expected to hold steady at 4.2% in August

Australian Unemployment Rate expected to hold steady at 4.2% in August

The Australian Bureau of Statistics will release the monthly employment report at 1:30 GMT on Thursday. The country is expected to have added 25K new positions in August, while the Unemployment Rate is foreseen to remain steady at 4.2%.

Read more
Moneta Markets review 2024: All you need to know

Moneta Markets review 2024: All you need to know

VERIFIED In this review, the FXStreet team provides an independent and thorough analysis based on direct testing and real experiences with Moneta Markets – an excellent broker for novice to intermediate forex traders who want to broaden their knowledge base.

Read More

Forex MAJORS

Cryptocurrencies

Signatures