AUD/JPY Price Analysis: Bearish momentum persists despite intraday stability ahead of Asian session

Source Fxstreet
  • AUD/JPY trades near the 90.50 zone, struggling to build upside momentum despite limited downside so far today.
  • Bearish bias persists as key moving averages continue to point downward, while oscillators remain largely neutral.
  • Support rests at 90.21, while resistance stands at 90.70, 90.83, and 90.89.

The AUDJPY pair is flashing bearish signals, currently trading around 90.33, a dip of 0.35% on the day. Price action is contained within the daily range of 89.974 to 90.714 during Monday’s session ahead of the Asian open, with the pair unable to breach higher resistance areas or reclaim bullish traction.

Momentum indicators offer mixed signals. The Relative Strength Index (RSI) prints at 42.576, maintaining a neutral stance. The Moving Average Convergence Divergence (MACD) shows a mild buy signal, hinting at potential stabilization in downside momentum. Meanwhile, the Stochastic %K at 49.802 and the Williams Percent Range at -53.980 also sit in neutral zones, suggesting indecision in short-term sentiment.

However, the broader outlook remains bearish, with all major moving averages continuing to trend downward. The 20-day Simple Moving Average (SMA) stands at 91.607, the 100-day at 95.322, and the 200-day at 97.368 — all above the current price and flashing strong sell signals. Shorter-term exponential indicators like the 10-day EMA at 90.667 and the 30-day EMA at 92.016 further reinforce the bearish bias.

Support is seen at 90.196, a key level to monitor for potential downside extension. On the upside, resistance is located at 90.667, followed by 90.772 and 90.899. Unless the pair breaks through these caps, bearish pressure is likely to persist in the near term.


Daily chart


Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
EUR/USD Price Forecast: Bulls have the upper hand while above 100-hour SMA, around 1.1380 area The EUR/USD pair attracts some dip-buying at the start of a new week, reversing a part of Friday's slide and stalling last week's pullback from the highest level since April 22.
Author  FXStreet
Yesterday 06: 27
The EUR/USD pair attracts some dip-buying at the start of a new week, reversing a part of Friday's slide and stalling last week's pullback from the highest level since April 22.
placeholder
Top 3 Crypto Price Prediction: Bitcoin, Ethereum, and Ripple– Weekend gains at risk amid US-China trade talksThe broader cryptocurrency market edges marginally higher on Monday as underlying weakness gradually takes effect. Bitcoin (BTC), Ethereum (ETH), and Ripple’s XRP are facing headwinds after a minor recovery over the weekend, risking a reversal similar to the flash crash on Thursday. 
Author  FXStreet
Yesterday 06: 30
The broader cryptocurrency market edges marginally higher on Monday as underlying weakness gradually takes effect. Bitcoin (BTC), Ethereum (ETH), and Ripple’s XRP are facing headwinds after a minor recovery over the weekend, risking a reversal similar to the flash crash on Thursday. 
placeholder
Gold price shows resilience below $3,300 and rebounds from one-week lowGold price (XAU/USD) is extending last week's retracement slide from a nearly one-month peak – levels just above the $3,400 mark and losing ground for the third consecutive day on Monday.
Author  FXStreet
Yesterday 06: 32
Gold price (XAU/USD) is extending last week's retracement slide from a nearly one-month peak – levels just above the $3,400 mark and losing ground for the third consecutive day on Monday.
placeholder
Bitcoin Price Bounces Past 105K: Is a Full-Blown Rally Back on the Cards?Bitcoin price started a recovery wave above the $105,000 zone. BTC is now consolidating and might attempt to clear the $106,500 resistance. Bitcoin started a recovery wave above the $105,000 zone.
Author  NewsBTC
Yesterday 06: 34
Bitcoin price started a recovery wave above the $105,000 zone. BTC is now consolidating and might attempt to clear the $106,500 resistance. Bitcoin started a recovery wave above the $105,000 zone.
placeholder
Ethereum Price Performance Could Hinge On This Binance Metric — Here’s WhyOver the past few weeks, the Ethereum price has struggled to maintain its bullish momentum from early May. The altcoin has been stuck within a consolidation range, jumping between the $2,500 and
Author  NewsBTC
Yesterday 06: 36
Over the past few weeks, the Ethereum price has struggled to maintain its bullish momentum from early May. The altcoin has been stuck within a consolidation range, jumping between the $2,500 and
Related Instrument
goTop
quote