AUD JPY

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.

The risk-off mood is punishing ASX 200 SPI futures and AUD/JPY, but as both eye deeper downside flushes, traders face a tough call—stay short or prepare for a squeeze?

We still have two full trading days to wake AUD/USD up from its lull but, as things stand, it's on track for its smallest weekly range this century. Barring a dire jobs report, (small) dips appear favourable for AUD/USD and AUD/JPY.

A sharp rebound has AUD/JPY eyeing a breakout after months of suppression. With price action increasingly tied to US-Japan rate differentials and bond market moves, could surging yields be the final push bulls need?

Peace talks between Russia and Ukraine alongside a hot set of US inflation figures were the winning combo for USD/JPY and EUR/JPY bulls, both of which posted their most bullish days of the year.

A dovish BOE cut and bets that a BOJ hike could be much closer than expected saw GBP/JPY lead the way lower on Thursday. But price action across the board suggests it could be year of the yen.

The Japanese yen was again the strongest currency, which rose against all of its FX major peers. Looking through the charts suggests there could be further downside for USD/JPY and AUD/JPY.

Commodity FX pairs have failed to make much ground from the weaker yen, and with the RBA opening the door to cuts than I suspect the currency bounce on AUD/JPY could provide futile. And that there could be another large drop on the horizon..