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26 Feb 2025

AUD/JPY Price Analysis: Bears extend control as cross nears multi-month lows

  • AUD/JPY posts a second consecutive decline, hovering near its lowest levels since mid-September.
  • RSI trends lower, approaching oversold territory, reinforcing bearish sentiment.
  • MACD histogram prints rising red bars, signaling accelerating downward momentum.

The AUD/JPY pair extended its losses on Wednesday, marking a two-day losing streak as sellers maintained their grip on the market. The cross slipped closer to the 94.00 zone, a level not seen since mid-September, as bearish momentum continued to build.

From a technical standpoint, indicators point to further downside risks. The Relative Strength Index (RSI) is trending lower and is now nearing oversold territory, reflecting sustained selling pressure. Meanwhile, the Moving Average Convergence Divergence (MACD) histogram shows rising red bars, confirming the growing bearish bias.

With the pair trading near key support, a break below the 94.00 region could open the door for deeper losses. On the flip side, buyers would need to reclaim the 20-day SMA, currently sitting well above recent price action, to regain some control and shift the near-term outlook.

AUD/JPY daily chart

Feb 26, 2025

AUD/USD tumbles to near 0.6300 as US Dollar extends recovery, soft CPI

AUD/USD falls to near 0.6300 as the US Dollar (USD) extends its recovery.
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Feb 27, 2025

NZD/USD Price Analysis: Bears extend control as pair erases most recent gains

The NZD/USD pair continued its decline on Wednesday slightly below 0.5700, marking its fourth consecutive daily loss as sellers remained in control.
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