AUD JPY

AUD/JPY remains firm above key support despite risk-off sentiment, with traders eyeing a bullish breakout if Australian employment data surprises to the upside.

The Japanese yen slumped on Monday as risk sentiment improved on Israel–Iran ceasefire hopes. With the BOJ expected to hold steady, traders are watching USD/JPY and AUD/JPY for potential bullish breakouts.

WTI crude jumps and AUD/JPY tumbles as Israel reportedly strikes Iran, fuelling fears of broader conflict and driving a rush into safe-haven assets.

The Australian dollar extended its recovery this week, but signs of exhaustion are appearing as AUD/USD and AUD/JPY approach key resistance levels. A bearish reversal pattern has formed on AUD/JPY, and AUD/USD is testing the 61.8% Fibonacci retracement level — both raising the risk of a short-term pullback.

The Japanese yen weakened as hopes of productive US-China trade talks lifted sentiment. AUD/JPY and GBP/JPY technical setups signal potential upside.

Aussie CPI edges higher, but the RBA cut bias stays firm. Australian dollar dips as markets focus on upcoming data and July’s rate decision. Key levels in play for AUD/USD and AUD/JPY.

Optimism of US-China trade talks and an announcement of stimulus from Beijing weighed on the Japanese yen in early Asian trade, with AUD/JPY taking the best advantage of the situation. And that provides a strong clue to the potential outperformer, should US -China trade talks end well.

USD/JPY has fallen around 12% from its January high, but with several key levels of support nearby I am inclined to suspect this phase of the decline is much closer to the end than the beginning. CAD/JPY has formed a double bottom around a key support level, and AUD/JPY looks set to extend gains (over the near term).

AUD/JPY is under pressure as markets brace for fresh U.S. tariffs on China, with the yuan hitting record lows and risk appetite fading fast. Despite the chaos, the pair continues to respect key levels—offering a roadmap for traders looking to navigate a volatile backdrop.

A flurry of contradictory tariff headlines and a close-door Fed meeting made for another lively start to the week, but there are tentative signs of stability (at least by recent standards) on AUD/JPY and Wall Street indices.

With little on the domestic calendar, offshore risk events will dictate the Aussie’s fate. The Fed, BOJ, and Chinese data loom large, while bearish signals suggest downside risks are building.