- The AUD/JPY has reached a maximum of five months at 95.81 on Friday.
- The 14 -day relative force index is located at level 70, indicating overstrust conditions.
- The immediate support appears in the nine -day EMA of 95.59.
The AUD/JPY extends its profits per second consecutive session, quoting around 96.70 during Friday’s Asian hours. According to the technical analysis of the daily chart, the Crosse of currencies is maintained within the pattern of Ascending Canal, indicating a prevailing bullish bias.
The 14 -day relative force (RSI) index is around level 70, reinforcing the bullish impulse but also indicating overstrust conditions, which could indicate an imminent downward correction. However, the Aud/JPY crossing rises above the nine -day exponential (EMA) mobile average, indicating that the short -term pricing impulse is stronger.
On the positive side, the Aud/JPY crossing is testing the upper limit of the upward channel around 96.90, marking new five months. A successful rupture above the channel could strengthen the bullish bias and take the currency crossing to test the psychological level of 97.00.
The Aud/JPY crossing could find immediate support in the nine -day EMA of 95.59. A successful rupture below this level would weaken the impulse of short -term prices and exert down pressure on the crossing of currencies to point to the lower limit of the upward channel around 94.80, followed by the 50 -day EMA in 94.15.
AUD/JPY: Daily graphic
Australian dollar Price today
The lower table shows the percentage of change of the Australian dollar (AUD) compared to the main currencies today. Australian dollar was the strongest currency against the Japanese yen.
| USD | EUR | GBP | JPY | CAD | Aud | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.18% | 0.13% | 0.50% | 0.27% | -0.01% | 0.25% | 0.08% | |
| EUR | -0.18% | -0.06% | 0.33% | 0.09% | -0.11% | 0.06% | -0.10% | |
| GBP | -0.13% | 0.06% | 0.42% | 0.13% | -0.04% | 0.16% | -0.08% | |
| JPY | -0.50% | -0.33% | -0.42% | -0.22% | -0.52% | -0.28% | -0.45% | |
| CAD | -0.27% | -0.09% | -0.13% | 0.22% | -0.22% | -0.04% | -0.20% | |
| Aud | 0.00% | 0.11% | 0.04% | 0.52% | 0.22% | 0.31% | 0.00% | |
| NZD | -0.25% | -0.06% | -0.16% | 0.28% | 0.04% | -0.31% | -0.21% | |
| CHF | -0.08% | 0.10% | 0.08% | 0.45% | 0.20% | -0.01% | 0.21% |
The heat map shows the percentage changes of the main currencies. The base currency is selected from the left column, while the contribution currency is selected in the upper row. For example, if you choose the Australian dollar of the left column and move along the horizontal line to the US dollar, the percentage change shown in the box will represent the Aud (base)/USD (quotation).
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
