AUD/JPY Technical Analysis: Corrective rally stalled at 50-hour MA

The AUD/JPY pair created gravestone doji-like pattern, which indicates the corrective rally from the low of 80.63 has likely run out of steam at the falling (bearish) 50-hour moving average (MA). The broader outlook remains bearish as indicated by the bear flag breakdown in the daily chart. ...

AUD/JPY hits 18-day low as S&P 500 futures drop 0.3 percent

AUD/JPY fell to 82.04 in Asia - the lowest level since May 31. The pair risks falling below 82.00 on signs of risk aversion. S&P 500 futures are reporting a 0.3 percent drop. The AUD/JPY hit an 18-day low of 82.04 in Asia, possibly due to escalating trade tensions between the US and Chin ...

AUD/JPY gets stuck near 83.60 as the Aussie hesitates

The Aussie is faltering at the high end of a recent correction against the Yen, further downside is beginning to open up. China lending and foreign investment data will be hitting alongside a speech from the RBA's Lowe. The AUD/JPY is trading back near Tuesday's lows ahead of a speec ...

AUD/JPY: Rally dented on trade concerns, creates bearish outside-day candle

AUD/JPY created a bearish outside-day candle on Thursday. Rally stalled as Trump upped the ante on trade war ahead of the G-7 summit. The AUD/JPY created a bearish outside-day candle on Thursday, signaling the rally from the May 30 low of 81.03 could have run out of steam. The Yen strengt ...

AUD/JPY back into 83.50 ahead of China’s Trade Balance release

Aussie falls on disappointing Trade Balance figures, eyes turn to China trade numbers for bullish hopes. The pair's technical channel is continuing to control prices, punching in another rejection from resistance. The AUD/JPY is trading near 83.60 after a bumpy Thursday session that too ...

Forex Today: AUD/JPY – a big mover in Asia, focus on Eurozone GDP

Forex today witnessed resurgent demand for the Yen across the board, as sentiment soured somewhat on reports that the White House Deputy Chief of Staff for Operations is to leave. Meanwhile, the Aussie got sold-off into dismal Australian trade figures, despite higher oil and copper prices. As ...

Australia reports weaker-than-expected trade surplus, AUD/JPY keeps losses

Australia reported a weaker-than-expected April trade surplus as exports dropped. AUD/JPY risks deeper pullback as weak data could bolster the bearish intraday technicals. Australia reported April trade surplus at AUD 977 million, , down from AUD 1.5 billion in March. The markets were lookin ...

AUD/JPY trading flat ahead of Aussie Trade Balance for Thursday

Aussie taking a breather at recent highs near 84.00. Aussie Trade Balance will be the figure to watch today, as a miss could send the AUD back down after recent gains. The AUD/JPY is looking set to top out, flattening out in intraday action as the pair chatters along the ceiling nea ...

AUD/JPY jumps 33 pips to two-week highs on the Aussie GDP report

The bid tone around the AUD strengthened following the release of a better-than-expected Australia GDP report. AUD/JPY hit two-week highs, profit taking could cap further upside. The AUD/JPY pair jumped 33 pips to 84.21 - the highest level since May 22, after the Australian Bureau of Statistic ...