|

AUD/JPY Price Analysis: Bulls ran out of steam and bears claim ground

  • The daily RSI suggests consistent buying momentum, with a slight dip indicating the possibility of a short-term correction.
  • The hourly RSI and MACD readings suggest mounting selling pressure in recent transactions.

The AUD/JPY trades at 102.43, demonstrating a pronounced bullish inclination despite Monday’s sharp losses. Indicators took a big hit and suggests that despite the bullish command, sellers are gaining ground.

On the daily chart, the Relative Strength Index (RSI) is seen trending within the overbought terrain, suggesting that buying activity has dominated the market action. A recent dip from overbought territory to 66 indicates potential for a short-term correction in the upcoming sessions. Meanwhile, the Moving Average Convergence Divergence (MACD) maintains flat green bars, signifying stable positive momentum.

AUD/JPY daily chart

Shifting to the hourly chart, the RSI readings reveal a contrasting scenario. The hourly RSI readings are trending in the negative territory, demonstrating that selling activity had a certain control in the latest trading hours. Moreover, the hourly MACD marks flat red bars, underlining a steady negative momentum.

AUD/JPY hourly chart

Observing the broader perspective, the AUD/JPY currently occupies a position above the 20, 100, and 200-day SMA. This stance underscores the prevailing bullish market sentiment in both short-term and long-term scenarios. In conclusion, while the daily indicators reflect an overall bullish sentiment, recent hourly readings suggest the potential for a short-term correction. Traders should monitor these contrasting signals closely as there might be a shift in the momentum in favor of the sellers and they might reclaim the 20-day SMA.

AUD/JPY

Overview
Today last price102.5
Today Daily Change-0.94
Today Daily Change %-0.91
Today daily open103.44
 
Trends
Daily SMA2099.93
Daily SMA5098.93
Daily SMA10097.88
Daily SMA20096.61
 
Levels
Previous Daily High103.48
Previous Daily Low101.41
Previous Weekly High103.48
Previous Weekly Low99.13
Previous Monthly High100.17
Previous Monthly Low96.9
Daily Fibonacci 38.2%102.69
Daily Fibonacci 61.8%102.2
Daily Pivot Point S1102.07
Daily Pivot Point S2100.7
Daily Pivot Point S3100
Daily Pivot Point R1104.15
Daily Pivot Point R2104.85
Daily Pivot Point R3106.22

Author

Patricio Martín

Patricio is an economist from Argentina passionate about global finance and understanding the daily movements of the markets.

More from Patricio Martín
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

EUR/USD gathers recovery momentum, trades near 1.1750

Following the correction seen in the second half of the previous week, EUR/USD gathers bullish momentum and trades in positive territory near 1.1750. The US Dollar (USD) struggles to attract buyers and supports the pair as investors await Tuesday's GDP data ahead of the Christmas holiday. 

GBP/USD knocks ten-week highs ahead of holiday slowdown

GBP/USD found room on the high side on Monday, kicking off a holiday-shortened trading week with a fresh spat of Greenback weakness, bolstering the Pound Sterling into its highest bids in ten weeks. Pound traders are largely brushing off the latest interest rate cut from the Bank of England as the UK’s central bank policy strategy leaves the water murky for rate-cut watchers.

Gold buying remains unabated; fresh all-time peak and counting

Gold builds on the previous day's blowout rally through the $4,400 mark and continues scaling new record highs through the Asian session on Tuesday. Bets for more interest rate cuts by the US Fed, renewed US Dollar selling bias, and rising geopolitical uncertainties turn out to be key factors driving flows towards the bullion. Traders now look to the delayed release of the revised US Q3 GDP print and US Durable Goods Orders for a fresh impetus.

Year ahead 2026: Where will Bitcoin be in a year’s time?

Bitcoin, which accounts for roughly 60% of total crypto market capitalization, entered 2025 with unstoppable momentum under a crypto‑friendly Trump administration. The rally was supported by major regulatory wins and accelerating institutional adoption.

Ten questions that matter going into 2026

2026 may be less about a neat “base case” and more about a regime shift—the market can reprice what matters most (growth, inflation, fiscal, geopolitics, concentration). The biggest trap is false comfort: the same trades can look defensive… right up until they become crowded.

XRP steadies above $1.90 support as fund inflows and retail demand rise

Ripple (XRP) is stable above support at $1.90 at the time of writing on Monday, after several attempts to break above the $2.00 hurdle failed to materialize last week. Meanwhile, institutional interest in the cross-border remittance token has remained steady.