- The AUD/JPY can point to the initial resistance at its maximum of three months of 95.65.
- The bullish bias prevails since the 14 -day RSI is positioned above level 50.
- The immediate support appears in the nine -day EMA of 93.06 near the lower limit of the ascending channel.
The Aud/JPY extends its profits per second consecutive session, quoting around 93.60 during the first European hours on Friday. A technical analysis of the daily graph shows that the currency crossing is maintained inside an ascending channel pattern, confirming a sustained bullish bias.
The 14 -day relative force (RSI) index moves above level 50, reinforcing the upward feeling. In addition, the Aud/JPY cross continues to quote over the nine -day exponential mobile average (EMA), indicating a strong short -term pricing impulse.
On the positive side, the Aud/JPY crossing could approach to the maximum of three months at 95.65, which was marked on May 13. A rupture above this level could reinforce the bullish bias and support the torque to explore the region around the upper limit of the ascending channel at 99.40.
The Aud/JPY crossing is testing the immediate support in the nine -day EMA of 93.05, aligned with the lower limit of the ascending channel. A rupture below the channel could cause the appearance of a bassist bias and exert down pressure on the crossing of currencies to test the minimum of six weeks in 91.65, recorded on May 23.
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. The Australian dollar was the strongest currency against pound sterling.
| USD | EUR | GBP | JPY | CAD | Aud | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.19% | 0.20% | 0.33% | -0.04% | 0.20% | -0.07% | 0.17% | |
| EUR | -0.19% | 0.02% | 0.10% | -0.23% | -0.04% | -0.24% | -0.02% | |
| GBP | -0.20% | -0.02% | 0.08% | -0.23% | -0.05% | -0.25% | -0.03% | |
| JPY | -0.33% | -0.10% | -0.08% | -0.31% | 0.00% | -0.26% | -0.21% | |
| CAD | 0.04% | 0.23% | 0.23% | 0.31% | 0.24% | -0.02% | 0.19% | |
| Aud | -0.20% | 0.04% | 0.05% | -0.00% | -0.24% | -0.20% | 0.04% | |
| NZD | 0.07% | 0.24% | 0.25% | 0.26% | 0.02% | 0.20% | 0.22% | |
| CHF | -0.17% | 0.02% | 0.03% | 0.21% | -0.19% | -0.04% | -0.22% |
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.
