Bullish
AUD/JPY holds above 114.50 as bullish momentum persists, eyes on 100-day SMA
AUD/JPY maintains a bullish trend, trading above the 100-day simple moving average (SMA) at 113.80. The pair faces immediate resistance near 115.00, with the Reserve Bank of Australia's (RBA) relatively hawkish stance supporting the Australian dollar against the Japanese yen.
Key points
- AUD/JPY trades above 114.50, supported by the 100-day SMA.
- Immediate resistance at 115.00; further upside depends on sustained bullish momentum.
- Technical indicators like the Relative Strength Index (RSI) remain in bullish territory, suggesting potential for continued gains.
- Market participants should monitor upcoming economic data releases and central bank communications for potential impacts on AUD/JPY.
Sources
- AUD/JPY holds above 114.50 as bullish momentum persists, eyes on 100-day SMAForex News Technical Analysis · August 27, 2026
- AUD/JPY Price Forecast: Weakens to near 112.50, near-term outlook remains bearishTMGM · August 14, 2026
- AUD/JPY Price Forecast: Softens below 112.50 as near-term bearish bias persists below 100-day SMATMGM · August 13, 2026
AI-generated from public news sources. Not financial advice.
