TRENDING:

GBP/USD

XAU/USD

AUD/JPY steeply off recent highs after rumored BoJ FX intervention, trading south of 94.00

The AUD/NZD is steeply off near-term highs after a rumored BNoJ FX market intervention.
The Aussie is down over 3% against the Yen from Friday's peak of 96.94.
The RBA stood pat on rates this week, Australian Trade Balance data due Thursday.

Joshua Gibson FXStreet

The AUD/JPY is down 145 pips for Tuesday, rounding the corner into the Wednesday market session after getting knocked lower on the back of an as-yet- unconfirmed FX market intervention by the Bank of Japan (BoJ) to defend the Japanese Yen (JPY).

No official statement from the BoJ has been forthcoming yet, but the AUD/JPY declined over 137 pips inside sixty seconds peak-to-trough during Tuesday's Asia market session, and the pair has traded flatly near the 94.00 handle after recovering over 50% of the initial one-minute move.

Forex Today: Yen wakes up as the Dollar remains robust, RBNZ next

The Reserve Bank of Australia (RBA) held rates steady at 4.1% as markets broadly expected, and new RBA Governor Michele Bullock is in no rush to buck the trend on the RBA's wait-and-see policy playbook.

RBA keeps interest rate steady at 4.10% for fourth straight meeting

RBA appears content sitting it out on the sidelines – TDS

Thursday will bring Australian Trade Balance figures, with the month-over-month number for August expected to improve from 8,039M to 8,725M.

AUD/JPY technical outlook

The AUD?JPY has been knocked well back from Friday's peak, trading below the 100-day Simple Moving Average (SMA) and set for a challenge of the flat-lining 200-day SMA if bullish momentum continues.

Despite the unconfirmed BoJ Yen intervention and a rapid twist to technical indicators, the AUD/JPY remains constrained in familiar territory, with the pair consolidating between 93.00 and 96.00.

AUD/JPY daily chart

AUD/JPY technical levels

AUD/JPY

Overview
Today last price	93.96
Today Daily Change	-1.40
Today Daily Change %	-1.47
Today daily open	95.36

Trends
Daily SMA20	95.01
Daily SMA50	94.46
Daily SMA100	94.32
Daily SMA200	92.29

Levels
Previous Daily High	96.42
Previous Daily Low	95.28
Previous Weekly High	96.92
Previous Weekly Low	94.72
Previous Monthly High	96.92
Previous Monthly Low	93.59
Daily Fibonacci 38.2%	95.71
Daily Fibonacci 61.8%	95.98
Daily Pivot Point S1	94.95
Daily Pivot Point S2	94.55
Daily Pivot Point S3	93.81
Daily Pivot Point R1	96.09
Daily Pivot Point R2	96.82
Daily Pivot Point R3	97.23

Author

Joshua Gibson

FXStreet

Joshua joins the FXStreet team as an Economics and Finance double major from Vancouver Island University with twelve years' experience as an independent trader focusing on technical analysis.

Markets move fast. We move first.

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

Editor's Picks

EUR/USD moves sideways below 1.1800 on Christmas Eve

EUR/USD struggles to find direction and trades in a narrow channel below 1.1800 after posting gains for two consecutive days. Bond and stock markets in the US will open at the usual time and close early on Christmas Eve, allowing the trading action to remain subdued.

GBP/USD keeps range around 1.3500 amid quiet markets

GBP/USD keeps its range trade intact at around 1.3500 on Wednesday. The Pound Sterling holds the upper hand over the US Dollar amid pre-Christmas light trading as traders move to the sidelines heading into the holiday season.

Gold retreats from record highs, trades below $4,500

Gold retreats after setting a new record-high above $4,520 earlier in the day and trades in a tight range below $4,500 as trading volumes thin out ahead of the Christmas break. The US Dollar selling bias remains unabated on the back of dovish Fed expectations, which continues to act as a tailwind for the bullion amid persistent geopolitical risks.

Bitcoin slips below $87,000 as ETF outflows intensify, whale participation declines

Bitcoin price continues to trade around $86,770 on Wednesday, after failing to break above the $90,000 resistance. US-listed spot ETFs record an outflow of $188.64 million on Tuesday, marking the fourth consecutive day of withdrawals.

Economic outlook 2026-2027 in advanced countries: Solidity test

After a year marked by global economic resilience and ending on a note of optimism, 2026 looks promising and could be a year of solid economic performance. In our baseline scenario, we expect most of the supportive factors at work in 2025 to continue to play a role in 2026.

Avalanche struggles near $12 as Grayscale files updated form for ETF

Avalanche trades close to $12 by press time on Wednesday, extending the nearly 2% drop from the previous day. Grayscale filed an updated form to convert its Avalanche-focused Trust into an ETF with the US Securities and Exchange Commission.