AUD/JPY PRICE ANALYSIS: Moves about 94.70 with contradictory signals that limit directional conviction

• The Aud/JPy was negotiating near zone 94.70 on Wednesday, staying in the middle range after a slight advance.
• Impulse indicators show mixed signals, with a short -term inclination up but arising overcompra risks.
• The support is around 94.60–94.42 while resistance limits profits near Zone 95.20–96.45.

The Aud/JPY pair advanced slightly in Wednesday’s session before Asian opening, negotiating around area 94.70. After bouncing from previous minimums, the torque managed to extend its recovery, although intradic action remains confined within the midpoint of its daily range, with a mixed technical configuration that maintains the wider trends under control.

From an impulse perspective, the MACD histogram indicates a possible purchase. Meanwhile, Ichimoku’s baseline about 94.30 maintains a neutral posture. The relative force index is 51 and the stochastic oscillator in 71, both floating in neutral territory, however, the RSI/Stochastic combined indicator that prints about 85 increases the early warnings of overcompra.

The mobile average analysis shows that the simple mobile average (SMA) of 20 days in 93.88 supports the short -term rise impulse. However, the long -term pressure persists, since both the 100 -day SMA in 96.98 and the 200 -day SMA in 98.80 continue to bow down, suggesting that the underlying bearish risk remains at stake.

In terms of key levels, the immediate support is observed around 94.60, followed by 94.47 and 94.42. On the opposite side, resistance is expected at 95.22 and 95.36, with a break above the latter potentially opening the door for a 96.45 test.

AUD/JPY DAILY GRAPH