AUDJPY Forecast and Live Chart

The Australian Dollar/Japanese Yen currency pair (also referred to as AUDJPY and AUD/JPY) is a frequently traded forex pair. In this article, we will examine how AUDJPY is performing.

AUDJPY Key Stats

  • 2021 high: 86.25
  • 2021 low: 77.89
  • YTD high: 96.88
  • YTD low: 87.90
  • YTD % change: +10.95%

AUDJPY Forecast Summary

The AUD/JPY had a strong move higher in the early part of 2022, but that has somewhat stalled now. There have been a couple of attempts to move higher and a couple to the downside, with no momentum, gained either way. While in the near-term, we see a potential rise to the 95.73 level, over the long-term, our directional bias is lacking, so we will be sitting on the sidelines.

AUDJPY chart

AUDJPY Fundamental Analysis

While technical analysis is an essential tool in entering, exiting and pinpointing trades, the directional bias is usually influenced by macroeconomic factors that impact broader markets and individual economies. For example, the Ukraine-Russia conflict, inflation, soaring energy prices, and more have been market drivers so far this year. In addition, interest rates, employment, inflation data, GDP and more will impact the movement of a country’s currency. Therefore, while using technicals to enter and exit the market (set stop-losses, take profits, etc.) is vital, keeping up to date with economic/geopolitical data and activity is equally important.

The Australian Dollar is a major currency and one of the most traded worldwide. Australia has a considerable amount of natural resources, including iron ore, coal, and gold which make up a significant percentage of its exports. Due to their proximity, India and, even more so, China are large importers of Australian commodities and goods. In addition, Australia imports heavy machinery and goods produced in those countries. As a result, when countries that are big importers of Australian goods encounter periods of economic instability, it impacts Australian exporters, hurting the supply chain and resulting in a weakening Australian dollar.

The JPY has been considered a safe haven and investors tend to invest in the currency during times of economic risk. Furthermore, the JPY is a valuable funding source for investments in other nations because of its low-interest rates. Therefore, financial risks may lead investors to unwind their positions in high-yield assets and boost the JPY.

However, while the above, regarding the JPY as a safe-haven asset, has been true previously, the statement hasn’t exactly proved true so far this year, with the yen falling against most other major currencies. A surging dollar and concerns about the Japanese economy, and the central bank’s lack of action to combat soaring inflation have seen the safe haven yen tumble.

Related Articles

AUDJPY Technical Analysis

The AUDJPY, after a nice run higher in the early part of the year, is now ranging somewhat between 91.73 and 9573. At the time of writing, markets are rising, but there is still a fear amongst many investors that the bear market is not over. The now broken trendline has worked as resistance, with price moving back to the area before falling. However, given the current market environment and the fact price is at the bottom of its recent range, there could be another short-term move to the upside.

Trade AUDJPY with our top brokers

Broker Features Regulator Platforms Next Step
Number One Broker BlackBull Markets LogoYour capital is at risk Founded: 2014
  • Leverage Up To 500:1
  • $200 Min Deposit
  • 60+ Tradeable Instruments
tickmill_logo-173 % of retail CFD accounts lose money Founded: 2014
73 % of retail ...
  • Ultra-fast execution from 0.1s
  • Low spreads from 0.0 pips
  • All trading strategies allowed
FSA SC MetaTrader 4, Web Trader
Your capital is at risk Founded: 2006
Europe* CFDs ar...
  • 40% New Member Bonus
  • Regulatory licenses across 5 continents
  • 24/7 trading
ASIC, FSA, FSB, MiFID MetaTrader4, Sirix, AvaOptions, AvaTrader, Mirror Trader
Your capital is at risk Founded: 2020
  • Impressive range of trading platforms
  • Tight spreads and low commissions
  • Excellent customer services
  • STP and ECN trade execution
- Pro Trader, MT4, MT5
vantage logoYour capital is at risk Founded: 2009
  • Leverage up to 500:1
  • $200 Min Deposit
  • Spreads from 0.0
CIMA MetaTrader 4, MetaTrader 5, WebTrader
LegacyFX LogoYour capital is at risk Founded: 2012
  • Meta Trader 5 Trading platform
  • Exclusive professional trading tools
  • Dedicated support staff during all trading hours
BaFin, CySEC, FCA, NBRB, VFSC MetaTrader 5
Between 74-89% of CFD traders lose Founded: 2010
Between 74-89 % of retail investor accounts lose money when trading CFDs
  • Four user-friendly trading platforms
  • Consistently rater No1 for Trader Support
  • Set up by traders, for traders
ASIC, FCA MetaTrader 4, MetaTrader 5, cTrader
AdroFX LogoYour capital is at risk Founded:
  • Crypto deposits possible
  • Bonus offers
  • Leverage up to 1:500
  • MT4 and Allpips platforms
FSA, VFSC MetaTrader 4, Web Trader, Social Trading Allpips, Web Platform Allpips
Your capital is at risk Founded: 2000
  • Good range of assets, such as CFDs
  • Fully regulated brokerage
  • Multi-lingual reporting
DFSA, FCA, FINMA, MFSA, only EU traders), SFC FCA (Swissquote LTD MT4, MT5, AdvancedTrader
Trade360 LogoYour capital is at risk Founded: 2013
  • Over 200 Tradeable Accounts
  • $50 no deposit bonus
  • Trading Central Insight Portal
CySEC CrowdTrading
Oanda Logo77% of retail CFD accounts lose money Founded: 1996
  • No Minimum Deposit
  • Over 100 instruments
  • Web, desktop, mobile platform and MT4

vt markets logoYour capital is at risk Founded: 2016
Your capital is at risk Founded: 2015
  • $50 Min Deposit
  • Flexible Leverage
  • Low Min Order Values
Your capital is at risk Founded: 1991
73.05% of investors lose money when trading CFDs with FXCM
  • Enhanced Execution and pricing.
  • Award-winning trading platform
  • Free Access to Exclusive Trading Tools
- FXCM Trading Station (Web, Desktop, Mobile), FXCM MetaTrader 4, NinjaTrader
city index new75% of clients lose money. Capital at risk. Founded: 1983
  • Exceptional customer service
  • Beginner-friendly
  • Free Webinars
ASIC, FCA, MAS Advantage Web, AT Pro, MT4, WebTrader
Exness LogoYour capital is at risk Founded: 2008
  • Instant automated withdrawals 24/7
  • Commission-free Standard accounts
  • Some of the lowest spreads on the markets and stable execution
  • Unlimited leverage
  • Free VPS Hosting
CySEC, FCA, FSA, FSCA MT4, MT5, WebTerminal
Your capital is at risk Founded: 2017
SquaredFinance LogoYour capital is at risk Founded: 2016
fusion markets logoYour capital is at risk Founded: 2017

Lowest Commissions in Australia

$4.50 per lot RT

Your capital is at risk Founded: 2012
Trading in Forex/ CFDs and Other Derivatives is highly speculative and carries a high level of risk. It is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose.
  • High leverage.
  • Variety of trading tools.
  • Multilingual support.
  • Excellent range of educational tools
  • Leverage up to 1:1000
  • Spreads from 0.3 Pips
  • Only a $10 minimum deposit
FSA, FSC MT4, MT5, WebTrader, Proprietary Mobile App