AUD/JPY Australian Dollar / Japanese Yen

AUD/JPY is the ticker for the Australian dollar against the Japanese yen on the FX market. It tells traders how many yen are needed to buy a single Australian dollar.

The Australian dollar and the yen are among the top ten most-traded currencies. As the pair doesn’t include the US dollar, it’s considered a minor or cross-currency pair.

The pair is highly correlated to price action in the US equities market over both the short- and medium-term. The pair typically rises in low-risk environments and declines when there is a risk-off approach to US equities.

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USD/JPY: Dollar remains under modest pressure

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Pivot Points

  • Pivot Point
  • Distance

    Distance

    Distance shows the difference between the pivot point and bid rate. It is calculated by subtracting the ask rate from the pivot point rate.

  • Bid
  • Ask

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Weekly

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Monthly

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Understanding Pivot Points

Pivot points are used by traders as a predictive indicator and denote levels of technical significance. When used in conjunction with other technical indicators such as support and resistance or Fibonacci, pivot points can...Read More
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