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AUD/JPY Price Forecast Surges: Bullish Bias Firmly Above 100-Day EMA Signals Strong Momentum

AUD/JPY shows a bullish bias after breaching and holding above the 100‑day EMA, a technical signal that supports further upside in the medium term. Momentum indicators (RSI in bullish territory, MACD bullish crossover) and rising volume back the move, while fundamentals — a hawkish RBA versus an accommodative BoJ and favorable commodity prices — reinforce carry‑trade flows into the Australian dollar. Immediate resistance sits near 98.50 and the round 100.00 level; primary support is the 100‑day EMA (~97.20) with the 50‑day EMA near 96.00 as secondary support. The market impact: sustained policy divergence and improved risk appetite should continue to favor AUD/JPY appreciation, but a sudden risk‑off shock or unexpected BoJ tightening could trigger a Yen rally and reverse the trend. Traders should monitor upcoming Australian employment and Japanese inflation data and a daily close below the 100‑day EMA for signs of trend change.

Category

AUD/JPY

Sentiment

Bullish

Event

Technical analysis

Reading time

1 min