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
2 Apr 2025

AUD/JPY Price Analysis: Pair holds below 94.00 as bearish bias lingers despite mild recovery

  • AUD/JPY trades near the 93.90 zone after modest gains ahead of the Asian session.
  • Bearish pressure persists as key moving averages flash sell despite neutral oscillators and a buy signal from MACD.
  • Resistance stands near 93.90–94.00 while technical indicators show no immediate signs of oversold conditions.

The AUD/JPY pair is showing mild intraday movement during Tuesday’s session, trading just under the 94.00 mark ahead of the Asian opening. Despite a slight daily gain, the broader setup remains bearish, as price continues to hover in the lower half of the recent range between 93.15 and 94.01. Momentum remains limited amid mixed signals from key technical indicators.

Daily chart

The Moving Average Convergence Divergence (MACD) prints a mild buy signal, hinting at some underlying support. However, the Relative Strength Index (RSI 14) remains neutral at 44.95, while the Ultimate Oscillator sits at 56.12—suggesting a lack of clear directional momentum. These readings point to indecision in the short term.

On the trend front, most moving averages paint a bearish picture. The 10-day Exponential Moving Average (EMA) at 94.20 and the 10-day Simple Moving Average (SMA) at 94.29 both favor selling. The 20-day SMA at 94.03 joins the 100-day at 96.70 and 200-day at 98.57 in reinforcing downside risks. The neutral Ichimoku Base Line further confirms that the pair lacks clear conviction for a reversal.

Looking at levels, resistance is stacked around 93.79, 93.91, and 94.02. If bullish momentum gains traction, a breakout above these areas may open the door for further recovery. On the downside, failure to hold above the 93.15–93.30 band could expose the pair to deeper losses, especially if sellers gain strength and the RSI slips toward oversold territory.

Overall, while intraday momentum looks mildly constructive, the dominant bearish tone keeps rallies in check unless sustained buying clears overhead resistance levels with volume.

Apr 2, 2025

Australian Dollar steadies near 0.6270 after RBA decision, tariffs in focus

The AUD/USD pair hovered around the 0.6270 region during Tuesday’s American session, posting a moderate rebound following the Reserve Bank of Australia's (RBA) policy decision.
Read more Previous
Apr 2, 2025

Australia TD-MI Inflation Gauge (MoM) up to 0.7% in March from previous -0.2%

Australia TD-MI Inflation Gauge (MoM) up to 0.7% in March from previous -0.2%
Read more Next