
Japanese yen price action setups: Oil surge revives USD/JPY, AUD/JPY upside risk
Energy supply fears have pushed crude sharply higher again, dragging the yen lower and putting fresh upside momentum behind USD/JPY and AUD/JPY.
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Energy supply fears have pushed crude sharply higher again, dragging the yen lower and putting fresh upside momentum behind USD/JPY and AUD/JPY.

A bullish chart setup, a BOJ story that was already priced, and a US jobs report carrying significant event risk. AUD/JPY traders have plenty to digest heading into Friday's session.

The drop in energy prices has triggered a clear shift in FX. Moves in EUR/AUD and GBP/AUD suggest the Aussie’s terms of trade tailwind may be fading.

Hawkish RBA signals pushed Aussie pairs to fresh highs, but crude chaos tied to Hormuz look set to remain the dominant driver.

Markets have embraced the idea that Australia benefits from energy turmoil. AUD/JPY and EUR/AUD reflect that view. The structural reality is more fragile.

Bearish reversal signals warned momentum may be vulnerable, yet bulls stepped back in across the yen crosses. Whether that resilience holds may soon be tested.

AUD/JPY has surged on risk appetite and hawkish RBA repricing, but the next move may hinge on Australia’s volatile jobs report. Could stretched bullish positioning leave the Aussie exposed?

AUD/JPY is back in its classic role as a risk barometer, riding low volatility and widening yield spreads to YTD highs. But can the breakout stick with bond markets flashing warning signs?

Traders face a mixed start to the week as optimism over a potential U.S. government shutdown resolution is offset by fresh AI disruption risks.

The yen weakened broadly after Sanae Takaichi’s election as Japan’s new PM, with USD/JPY, EUR/JPY and AUD/JPY showing fresh bullish setups.

JPY pairs show mixed signals after the BOJ meeting, with USD/JPY stuck in range, AUD/JPY eyeing retracement, and GBP/JPY rejecting 200.
AUD/JPY is caught in a battle as fierce as a Metallica riff, with rich RBA rate cut pricing and technical support making for ding-dong battle at 96.22.
This morning, some good news for the Australian economy within the details of the Q3 Private New Capital Expenditure (Capex) survey.
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