Select Language

AUD/JPY Price Forecast: Struggles at 93.00 as bears gain steam

Breaking news

AUD/JPY Price Forecast: Struggles at 93.00 as bears gain steam

  • X
  • facebook
  • LINE
  • RSS

  • X
  • facebook
  • LINE
  • RSS
New update 2025.05.30 07:36
AUD/JPY Price Forecast: Struggles at 93.00 as bears gain steam

update 2025.05.30 07:36

  • AUD/JPY retreats as risk-off sentiment lifts Yen; closes below key 93.00 threshold.
  • Break below Tenkan-sen at 92.75 could open path toward support at 91.50 and 90.81.
  • Bulls need to reclaim 93.86 to challenge 94.00 and resume upward momentum.

AUD/JPY loses some ground on Thursday ahead of the beginning of Friday's Asian session, falls over 0.19%, below the 93.00 figure, yet retains its sideways bias as the cross pair remains above the Ichimoku Cloud (Kumo).

AUD/JPY Price Forecast: Technical outlook

The AUD/JPY reached a two-week high of 93.86 on Thursday, but as market participants turned risk-averse, Yen's strength sent the cross drifting lower and finished the day with losses. Additionally, the daily close below 93.00 has opened the path for lower prices.

If AUD/JPY drops below the Tenkan-sen of 92.75, the next support would be a May 27 low of 92.12. Once surpassed, the next key support levels would be the May 23 swing low of 91.63, the top of the Ichimoku cloud (Kumo) at 91.50, and the Senkou Span B at 90.81.

For a bullish reversal, buyers need to climb past 93.00 and break stir resistance at 93.86, the May 29 high. Once surpassed, the 94.00 figure would be up for grabs.

AUD/JPY Price Chart - Daily

Australian Dollar PRICE This week

The table below shows the percentage change of Australian Dollar (AUD) against listed major currencies this week. Australian Dollar was the strongest against the Japanese Yen.

USD EUR GBP JPY CAD AUD NZD CHF
USD -0.05% 0.22% 1.02% 0.53% 0.69% 0.19% 0.17%
EUR 0.05% 0.27% 1.10% 0.58% 0.74% 0.24% 0.23%
GBP -0.22% -0.27% 0.51% 0.30% 0.46% -0.03% -0.03%
JPY -1.02% -1.10% -0.51% -0.48% -0.34% -0.88% -0.85%
CAD -0.53% -0.58% -0.30% 0.48% 0.17% -0.33% -0.33%
AUD -0.69% -0.74% -0.46% 0.34% -0.17% -0.53% -0.49%
NZD -0.19% -0.24% 0.03% 0.88% 0.33% 0.53% -0.00%
CHF -0.17% -0.23% 0.03% 0.85% 0.33% 0.49% 0.00%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Australian Dollar from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent AUD (base)/USD (quote).


Date

Created

 : 2025.05.30

Update

Last updated

 : 2025.05.30

Related articles


Show more

FXStreet

Financial media

arrow
FXStreet

FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.

Was this article helpful?

We hope you find this article useful. Any comments or suggestions will be greatly appreciated.  
We are also looking for writers with extensive experience in forex and crypto to join us.

please contact us at [email protected].

Thank you for your feedback.
Thank you for your feedback.

Most viewed

Canadian Dollar lurches higher on upbeat quarterly GDP growth

The Canadian Dollar (CAD) found some room on the top side on Friday, spurred higher by a better-than-expected print in Canadian Gross Domestic Product (GDP) growth figures for the first quarter.
New
update2025.05.31 05:26

USD/CHF Price Forecast: Flat as inflation cools, as US-China tensions rise

The USD/CHF trades subdued on Friday after a US report showed that inflation is approaching the Federal Reserve's (Fed) 2% goal. Meanwhile, US President Trump complains about the slow negotiations between Beijing and Washington, which have roiled the markets.
New
update2025.05.31 05:11

AUD/USD trades sideways as fundamental and technical factors weigh on price action

The Australian Dollar (AUD) is consolidating against the US Dollar on Friday as fresh domestic data and monetary policy expectations for the Reserve Bank of Australia (RBA) and the US Federal Reserve (Fed) continue to drive price action.
New
update2025.05.31 05:11

EUR/USD holds steady as US PCE softens, trade tensions offset USD weakness

The Euro (EUR) remains steady against the US Dollar (USD) on Friday after a softer-than-expected US Personal Consumption Expenditures (PCE) Price Index, which was close to the Federal Reserve's (Fed) 2% goal, lifted the pair from daily lows of 1.1312.
New
update2025.05.31 04:20

Silver Price Forecast: XAG/USD plummets below $33.00 as Dollar rebounds, weekly losses near 2%

Silver price turned negative on Friday during the North American session, poised to end the week with losses of over 1.80% as the dollar staged a recovery during the day. XAG/USD trades at $32.87, down 1.29%.
New
update2025.05.31 04:18

EUR/JPY falls as Bank of Japan faces pressure to raise rates

The Euro (EUR) is coming under renewed pressure against the Japanese Yen (JPY) as investors weigh persistent inflation in Japan against soft consumer and inflation data from the Eurozone.
New
update2025.05.31 03:32

Dow Jones Industrial Average hobbled by renewed China trade tensions

The Dow Jones Industrial Average (DJIA) stumbled on Friday as investors continue to get pummeled with new trade concerns from the White House.
New
update2025.05.31 03:17

Gold price falls below $3,300 on strong US Dollar as Trump reignites China tensions

Gold price slumped on Friday as the US Dollar recovered some ground despite witnessing a drop in US Treasury bond yields following a strong inflation report, which keeps traders hopeful that the US Federal Reserve (Fed) will ease policy in 2025. XAU/USD trades at $3,289, down 0.83%.
New
update2025.05.31 02:19

EUR/GBP edges higher as German Retail Sales and Inflation data provide a mixed picture for the ECB

The Euro (EUR) is firming against the British Pound (GBP) on Friday, with EUR/GBP holding above the 100-day Simple Moving Average (SMA) near 0.8415.
New
update2025.05.31 02:09

US exceptionalism wanes as global investors pivot away - Rabobank

The concept of 'US exceptionalism' covers many specific themes. For academics it may have referred to the US's ability to attract bright minds from around the world and generate cutting edge research.
New
update2025.05.31 00:24

Disclaimer:arw

All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.

The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.

  • Facebook
  • Twitter
  • LINE

Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy

I agree
share
Share
Cancel