AUD/JPY Down 2 Pips On Hourly Chart; in an Uptrend Over Past 14 Days

Hourly Update

(Last Updated September 12, 2022 1:35 GMT)

Currently, AUDJPY’s rate is down -200 pips (-0.02%) from the hour prior. This is the 2nd straight hour AUDJPY has seen its price head down. As for the trend on the hourly timeframe, we see the clearest trend on the 50 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

AUDJPY End of Day Recap

Updated 00:30 GMT (04:30 EST)

AUDJPY entered today at 97.55, up 29 pips (0.3%) from the previous day. Out of the 39 instruments in the Forex asset class, AUDJPY ended up ranking 10th for the day in terms of price change. The price chart of AUDJPY below illustrates.

AUDJPY

AUDJPY Technical Analysis

Coming into today the current price of AUDJPY is sitting close to its 20 day moving averages; moving average crosses often indicate a change in momentum, so this may be worth keeping an eye on. The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. Or to simplify this another way, note that out of the past 30 days AUDJPY’s price has gone up 19 them.