- Aud/JPy limited in 92.89; A break over Tenkan-sen could point to 93.86 and 94.00.
- RSI flat, showing lack of impulse while the session remains moderate.
- Key support in 92.00 and the Kumo roof about 91.50/75; A break below could try 90.83.
The AUD/JPY is prepared to close on Monday with profits of more than 0.09% in the middle of a moderate negotiation session, despite an improvement in the appetite for risk during the day. At the time of writing, the par is quoted at 92.74 after bouncing from a daily minimum of 92.37.
Aud/JPy Price forecast: Technical Perspective
The Aud/JPY moves laterally, limited to the rise for the maximum last Friday of 92.89 in the middle of a lack of catalysts. The Relative Force Index (RSI) became flat in its neutral line of 50, an indication that neither buyers nor sellers have control.
If the Aud/JPY rises above the tenkan-sen at 92.75, this clears the way to challenge the Kijun-sen in 93.10; If it is exceeded, the pair could reach the maximum of May 28, 93.86. Once surpassed, the 94.00 figure will be available.
On the contrary, for a bearish continuation, sellers need to take the AUD/JPY below the minimum daily of May 30, 92.00 before testing the upper part of the Ichimoku cloud (Kumo) around 91.50/75. Once overcome, the next demand zone will be the Senkou Span B at 90.83.
Aud/JPy – Diario Price Graph
Australian dollar price this week
The lower table shows the rate of change of the Australian dollar (AUD) compared to the main currencies this week. Australian dollar was the strongest currency against the Canadian dollar.
| USD | EUR | GBP | JPY | CAD | Aud | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.03% | -0.01% | 0.00% | 0.04% | 0.04% | -0.00% | -0.09% | |
| EUR | -0.03% | -0.00% | 0.00% | -0.03% | 0.04% | 0.04% | -0.11% | |
| GBP | 0.00% | 0.00% | 0.00% | -0.01% | 0.08% | 0.09% | -0.10% | |
| JPY | 0.00% | 0.00% | 0.00% | -0.01% | 0.02% | 0.01% | -0.01% | |
| CAD | -0.04% | 0.03% | 0.01% | 0.00% | -0.73% | 0.06% | -0.06% | |
| Aud | -0.04% | -0.04% | -0.08% | -0.02% | 0.73% | -0.00% | -0.15% | |
| NZD | 0.00% | -0.04% | -0.09% | -0.01% | -0.06% | 0.00% | -0.14% | |
| CHF | 0.09% | 0.11% | 0.10% | 0.01% | 0.06% | 0.15% | 0.14% |
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.
