Confirming you are not from the U.S. or the Philippines

By giving this statement, I explicitly declare and confirm that:
  • I am not a U.S. citizen or resident
  • I am not a resident of the Philippines
  • I do not directly or indirectly own more than 10% of shares/voting rights/interest of the U.S. residents and/or do not control U.S. citizens or residents by other means
  • I am not under the direct or indirect ownership of more than 10% of shares/voting rights/interest and/or under the control of U.S. citizen or resident exercised by other means
  • I am not affiliated with U.S. citizens or residents in terms of Section 1504(a) of FATCA
  • I am aware of my liability for making a false declaration.
For the purposes of this statement, all U.S. dependent countries and territories are equalled to the main territory of the USA. I accept full responsibility for the accuracy of this declaration and commit to personally address and resolve any claims or issues that may arise from a breach of this statement.
Cancel Confirm
We are dedicated to your privacy and the security of your personal information. We only collect emails to provide special offers and important information about our products and services. By submitting your email address, you agree to receive such letters from us. If you want to unsubscribe or have any questions or concerns, write to our Customer Support.
Confirm
Octa trading broker Sign up Log in
Octa trading broker
Open trading account
Trading news
Back
28 Mar 2025

AUD/JPY Price Analysis: Drops toward 94.20 area as bearish pressure mounts

  • AUD/JPY was seen near the 94.30 zone on Friday ahead of the Asian session, retreating toward the lower end of its daily range.
  • Despite mixed signals from oscillators, moving averages tilt the broader technical bias to the downside.
  • Support lies near 94.00 and 93.88, while resistance is seen just above 94.40; indicators remain conflicted with bearish lean.

The AUD/JPY pair extended its decline on Friday, hovering near the 94.30 zone after the European session and slipping closer to the lower end of its intraday range. The pair is down notably on the day, reflecting an increase in selling interest. While some momentum indicators remain neutral or even slightly constructive, broader technical signals continue to favor a bearish bias for the near term.

Looking at the indicators, the Relative Strength Index (RSI) fell below 50, yet neutral in tone, while the MACD posts a slight buy signal , hinting at possible short-term correction. However, the Bull Bear Power stands at 0.641, reinforcing the underlying selling pressure, and the Williams Percent Range remains neutral, failing to offer a clear reversal signal.

Moving averages present a split picture. The short-term 20-day Simple Moving Average (SMA) at 94.02 continues to signal a buy, offering dynamic support. However, the 10-day EMA (94.45) and SMA (94.58), along with the 100-day (96.85) and 200-day (98.70) SMAs, all lean bearish, suggesting that upside potential remains capped unless a structural shift occurs.

In terms of levels, immediate support emerges at 94.16, followed by 94.02 and 93.88. On the flip side, resistance is seen around 94.35, 94.42, and 94.45—just ahead of key short-term moving averages that could act as selling zones if bulls attempt to regain control.

AUD/JPY daily chart

 

 

Mar 28, 2025

Mexico Fiscal Balance, pesos: -95.31B (February) vs previous -19.42B

Mexico Fiscal Balance, pesos: -95.31B (February) vs previous -19.42B
Read more Previous
Mar 31, 2025

China to inject $69 billion into four big banks to strengthen financial sector

China’s finance ministry will inject 500 billion yuan ($69 billion) into four of the nation’s largest state banks, following through on Beijing’s earlier effort to strengthen the financial sector, per Bloomberg.
Read more Next