AUD/JPY: Analysis, Outlook and Forecasts
AUD/JPY (Australian dollar - Japanese yen) outlook and forecast is presented by the team of ForexAbode's analysts and is followed by the traders around the world. The outlook takes into account the various factors which can affect the future price-action of AUD/JPY. The factors to analyze the outlook are geo-political news, fundamentals including major economic releases and technical factors but most importantly we focus on the price-action analysis.
The outlook reflects our views for short-term to mid-term movement. However, sometimes the analysis takes into account the price data which may span many years and have a longer-term view. These are also supported by our very popular chart alerts.
The weekly analysis includes the predictions for the next week's expected moves for the Australian dollar and Japanese yen. However, the forecast is not only limited to the coming week but is applicable for the overall expectations for the near-term to longer-term. Apart from the weekly forecasts we also update AUD/JPY daily technical analysis, which presents our views about the price-action from short-term perspective.
You may also like to check the following resources for trading AUD/JPY:
AUD/JPY Analysis - December 11, 2014
Written By : ForexAbode.com || 2014-12-11 03:57:51 GMT
Current Exchange Rate: 98.16 at the time of analysis update.
AUD/JPY broke below the 38.2% retracement support of the gains from 91.76 to 102.85. This support had brought some recovery initially, as we had mentioned yesterday.
AUD/JPY Analysis - December 10, 2014
Written By : ForexAbode.com || 2014-12-10 04:52:06 GMT
Current Exchange Rate: 99.33 at the time of analysis update.
We expect resistance at or below 99.93 which was the low of the recent sideways moves during November 25th to December 7th. This support level should now turn into resistance. The psychological resistance of 100.00 should also help this. The recent support represented the support of 38.2% retracement level of the gains from 91.76 to 102.85.
AUD/JPY Weekly Outlook - August 11 to 15, 2014
Written By : ForexAbode.com || 2014-08-10 02:04:52 GMT
AUD/JPY dropped sharply during the last week to touch 93.93 but jumped up on Friday to close for the week at 94.65.
The highlight of the last week was a move below the support of 94.39. This move indicated a break of the recent sideways range and hence bearish sentiments. However, the price-action did not sustain below that level and support came just below the 200-day moving average.
AUD/JPY Analysis - July 23, 2014
Written By : ForexAbode.com || 2014-07-23 03:58:51 GMT
Current Exchange Rate: 95.74 at the time of analysis update.
The strong jump which broke over the expected resistance of 95.70 suggests that we should see further gains for a retest of 95.99. However the strong resistance faced there earlier and the fact that AUD/JPY is once again in the psychological ranges of 95.00, we stay neutral as long as the price-action is below 95.99.
AUD/JPY Analysis - July 22, 2014
Written By : ForexAbode.com || 2014-07-22 04:04:12 GMT
Current Exchange Rate: 95.34 at the time of analysis update.
The strong support at 94.39 followed by a strong entry in the psychological range of 95.00 suggest that we can expect some more gains. However, we stay neutral for upside as long as the price-action stays below 95.50/95.70 resistance zone.
Interest Rate difference of AUD and JPY
AUD to JPY Interest Rates Comparison
(For Carry Trades)