Neutral
AUD/JPY remains steady above 112.00 as traders await 50% Fibonacci breakout.
Over the past 24 hours, AUD/JPY has maintained a positive bias, trading above the 112.00 mark for the seventh consecutive day. This stability is attributed to a combination of factors, including the Bank of Japan's recent dovish rate hike and the Reserve Bank of Australia's hawkish stance. Traders are now focusing on a potential breakout at the 50% Fibonacci retracement level, which could signal further bullish momentum.
Key points
- AUD/JPY holds steady above 112.00, maintaining a positive bias for the seventh consecutive day.
- Traders await a potential breakout at the 50% Fibonacci retracement level, currently at 112.34.
- The Bank of Japan's recent dovish rate hike continues to influence the Japanese Yen's performance.
- The Reserve Bank of Australia's hawkish signals support the Australian Dollar's strength.
Sources
- AUD/JPY Price Forecast: Sticks to gains above 112.00 as bulls await 50% Fibo. breakoutFXStreet · September 22, 2026
- AUD/JPY Price Forecast: Flatlines above 110.00, bearish outlook persistsFXStreet · September 15, 2026
- AUD/JPY Price Forecast: Holds Above 114.50 as Bullish Technical Setup PersistsCryptoRank.io · September 1, 2026
AI-generated from public news sources. Not financial advice.
