Market news
13.03.2025, 21:34

AUD/JPY Price Analysis: Bears take control but pair holds above 92.00

  • AUD/JPY was seen trading around the 92.80 zone ahead of the Asian session, pulling back after two consecutive days of gains.
  • Despite the decline, the pair remains above the 92.00 threshold, with technical indicators still in negative territory.
  • Sideways trading could persist above 92.00 as the market awaits fresh momentum, with resistance at 93.50 and support at 92.00.

AUD/JPY fell on Thursday ahead of the Asian session, reversing some of the gains from earlier in the week. The pair dropped toward the 92.80 area, reflecting renewed bearish momentum after a brief period of buying pressure. While sellers regained control, the pair remains above the key 92.00 threshold, suggesting that a period of consolidation might be ahead.

Looking at technical indicators, the Relative Strength Index (RSI) is declining sharply within the negative zone, indicating weakening bullish strength. Meanwhile, the Moving Average Convergence Divergence (MACD) is printing decreasing red bars, reinforcing the view that downside pressure persists. However, the pair still trades within a broader range, limiting immediate downside risks.

For now, support remains firm at 92.00, a level that has provided a strong floor in recent sessions. A break below could accelerate bearish momentum toward 91.50. On the upside, resistance is seen around 93.50, where sellers have consistently stepped in. If AUD/JPY remains above 92.00, the pair could trade sideways in the near term before finding a clearer directional bias.

AUD/JPY daily chart

© 2000-2025. All rights reserved.

This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Feedback
Live Chat E-mail
Up
Choose your language / location
Click Subscribe to receive notifications about promotions and bonuses