AUD/JPY Price Forecast: Tests ascending triangle bottom near 113.00
- AUD/JPY may rebound toward the nine-day EMA of 113.72.
- The 14-day Relative Strength Index near 50 hints at a current lack of directional conviction.
- A break below the triangle would expose the 50-day EMA support at 112.44.
AUD/JPY extends its losses for the third successive day, trading around 113.20 during the Asian hours on Monday. The technical analysis of the daily chart suggests a potential busted pattern or bearish failure as the currency cross is positioned on the lower trendline of an ascending triangle. A sustained break below the lower trendline would indicate that buyers have lost momentum and sellers have taken control.
The AUD/JPY cross holds a mildly bullish near-term bias as it remains above the 50-day Exponential Moving Average (EMA). The pair is consolidating after its recent pullback, with price now caught between short-term resistance at the nine-day EMA and underlying trend support from the longer EMA, while the 14-day Relative Strength Index (RSI) at roughly 50 signals neutral momentum and hints at a lack of directional conviction for now.
On the upside, the AUD/JPY cross may rebound toward the nine-day EMA of 113.72. A break above the short-term average would support the currency cross to test the all-time high of 114.74, aligned with the upper boundary of the ascending triangle around 115.00.
A successful break below the triangle would expose the 50-day EMA at 112.44. Further declines would put downward pressure on the AUD/JPY cross to navigate the region around the three-month low at 108.79, recorded on March 31.
(The technical analysis of this story was written with the help of an AI tool.)
Australian Dollar Price Today
The table below shows the percentage change of Australian Dollar (AUD) against listed major currencies today. Australian Dollar was the weakest against the US Dollar.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.02% | 0.08% | 0.10% | 0.00% | 0.22% | -0.00% | -0.02% | |
| EUR | -0.02% | 0.04% | 0.09% | -0.02% | 0.20% | -0.02% | -0.05% | |
| GBP | -0.08% | -0.04% | 0.02% | -0.07% | 0.14% | -0.07% | -0.09% | |
| JPY | -0.10% | -0.09% | -0.02% | -0.14% | 0.10% | -0.15% | -0.15% | |
| CAD | -0.01% | 0.02% | 0.07% | 0.14% | 0.22% | 0.00% | -0.01% | |
| AUD | -0.22% | -0.20% | -0.14% | -0.10% | -0.22% | -0.20% | -0.20% | |
| NZD | 0.00% | 0.02% | 0.07% | 0.15% | -0.00% | 0.20% | -0.01% | |
| CHF | 0.02% | 0.05% | 0.09% | 0.15% | 0.01% | 0.20% | 0.01% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Australian Dollar from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent AUD (base)/USD (quote).
Author
Akhtar Faruqui
FXStreet
Akhtar Faruqui is a Forex Analyst based in New Delhi, India. With a keen eye for market trends and a passion for dissecting complex financial dynamics, he is dedicated to delivering accurate and insightful Forex news and analysis.
