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Last modified on November 17th, 2017 9:25 am

When converting Australian dollars (AUD) to JPY, or JPY to AUD, by exchanging via Direct FX, you will save a significant amount of money. Our wholesale currency exchange rates for money transfers are significantly more competitive than bank foreign exchange rates. Being Australasian based, we specialise in knowing what drives AUD/JPY currency conversion rates.

AUD to JPY Overview: Since the middle of last century, Australia and Japan have had a constantly growing economic and cultural relationship. As Australia’s trade focus on the other Commonwealth countries dwindled during the 1950’s and 60’s, it turned its ties to Asia, and Japan in particular. By the mid 1960’s Japan was the largest export destination for Australian products and that strong relationship remains in place right through until current times. By the nature of the Australian dollar being a barometer for global growth, and the YEN being a safe haven currency in uncertain times, the pairs moves are accentuated in uncertain times. Since the global financial crisis (GFC) in 2008, the pair has spent most of the time bounding within the 72.00 – 88.00 range, which is some 18% wide.

Historical Ranges: 1 year 5 years 10 years
AUD/YEN 75.95 – 89.13 72.37 – 105.41 55.08 – 107.82

Current Official Cash Rates:
Reserve Bank of Australia (RBA): 1.50%        Bank of Japan (BOJ): -0.10%

AUD/JPY Update:

Click here for AUDJPY charts

AUD has slipped lower on this cross…now at 85.55 trading on the lows for the week…immediate support is at 85.40 a break of which would extend towards 84.90…JPY is still favoured side of this cross.

Exchange Rates:

The current interbank midrate is: AUDJPY 85.47

The interbank range this week has been: AUDJPY 85.49 – 87.25

 

AUD/JPY Update:

Click here for AUDJPY charts

Impact on this currency pair:

The AUD is also lower on this cross, now at 86.68 with immediate support at 86.50 looking to be under threat..a break of this level would likely extend to 86.00 then 85.70…JPY is the favoured side in this pair.

Exchange Rates:

Current Level Support Resistance Last week’s range
AUD/YEN 86.68 85.40 89.70 86.47 – 87.68

AUD/JPY 

Currently around 87.45 up from a 3 day low of 87.14 seen yesterday…barring any RBA surprises today, we look for a test of 88.00 over the next 12/24 hrs , immediate support is at 86.90. Click here to access AUD/JPY currency charts.

Current Level Support Resistance Last week’s range
AUD/YEN 87.43 85.40 89.70 86.70 – 88.00

AUD/JPY

Impact on this currency pair:

The AUD has slid lower against the JPY on the softer Aussie retail sales data, from 88.01 to to 87.60, immediate support is at 87.50 then around 86.90. Click here to access AUD/JPY currency charts.

The current interbank midrate is: AUDJPY 87.61

 

The interbank range this week has been: AUDJPY 86.70 – 88.00

 

AUD/JPY
Direct FX – AUD to JPY exchange rate charts

Below is the interbank chart for the last five trading days.

The AUD continues to trend lower on this cross, now at 86.85 with immediate support at 86.54. BoJ statement later today is expected to hold the line with current policy but the weaker AUD/USD trend looks to continue to weaken this cross for the AUD.

Current Level Support Resistance Last week’s range
AUD/YEN 86.87 85.40 89.70 86.79 – 88.68

Sideways action on this cross, now at 88.22 in directionless trading, if pushed the JPY is our pick as data has been more positive and any risk uptick will favour JPY safe-haven status.

Current Level Support Resistance Last week’s range
AUD/YEN 88.43 85.40 89.70 88.00 – 88.88

The Australian dollar has drifted lower throughout the week on this cross, now at 88.30 and we expect a test of 87.60/65 support level early next week.
The current interbank midrate is:    AUDJPY 88.28

The interbank range this week has been:    AUDJPY 88.03 – 89.67

The AUD has drifted lower, down from 89.20 against the JPY most of the week, now at 88.57 it has halted the decline but with the Nth Korean tensions continuing the JPY still enjoys safe-haven flows…should hold around current levels to end the week, but more AUD downside is favoured next week.
The current interbank midrate is:    AUDJPY 88.56

The interbank range this week has been:    AUDJPY 88.06 – 90.30

After a high for the week yesterday at 88.72 the AUD is now lower at 88.03 on stronger flows to the JPY after this morning’s NK missile launch…Aussie data this week has been supportive and should remain so next week after risk-averse sentiment declines.
The current interbank midrate is:    AUDJPY 88.05

The interbank range this week has been:    AUDJPY 86.69 – 88.74

The AUD topped out at 87.88 on Friday on this cross. It  is now back at 87.50  after the reduction in risk sentiment has weakened the JPY …expect flat trading ahead of Aussie jobs data on Thursday or any increase in risk aversion.

Current Level Support Resistance Last week’s range
AUD/YEN 87.57 85.40 87.50 86.58 – 87.89

The AUD has rallied on this cross, now back at 87.55 with next stop at 87.90 then 88.70 but JPY is favoured due to geopolitical risks…immediate support is at 85.70
The current interbank midrate is:    AUDJPY 87.52

The interbank range this week has been:    AUDJPY 86.58 – 87.60

The AUD continues to drift lower as the JPY is bolstered by risk-off sentiment, now at 86.90 and may push back over 87.00 towards 87.30/40 on good data , but ultimately Korean fears are currently driving JPY safe-haven values

Current Level Support Resistance Last week’s range
AUD/YEN 86.97 85.40 87.50 86.16 – 87.80

The AUD has had a better  last few days having made an 87.79 high 4 days ago , is now easier at 87.45 and direction is uncertain, latest JPY economic data has been softer but safe-haven status overhangs this cross, should hold around current levels into first few days of next week.
The current interbank midrate is:    AUDJPY 87.47

The interbank range this week has been:    AUDJPY 85.72 – 87.80

The AUD is weaker on this cross now at 86.20 but within the previous range….the renewed risk-off tone puts the AUD under pressure against the JPY and 85.40 support looks vulnerable, if broken look for an extension to the 84.90 level.

Current Level Support Resistance Last week’s range
AUD/YEN 86.21 85.40 87.50 85.72 – 87.10

Continues to trade in a narrow range on this cross, now at 86.60 with little clear direction, we expect the current 87.50-85.40 range to hold out into next week when we get more data.
The current interbank midrate is:    AUDJPY 86.58

The interbank range this week has been:    AUDJPY 85.94 – 87.02

The AUD has traded sideways on this cross, now at 86.75 after the softer JPY overnight as the risk-averse tone weakens…we still favour the JPY on this cross especially as more recent  Japanese data has been better…should hold above 86.10/20 for the next couple of days.

Current Level Support Resistance Last week’s range
AUD/YEN 86.73 85.40 87.50 86.00 – 87.54

Like its kiwi counterpart, the AUD has been knocked by the JPY risk-off boost, now at 86.35 after a high earlier in the week at 87.54…should hold around current levels but if risk -off tone prevails next week look for more AUD weakness on this cross.
The current interbank midrate is:    AUDJPY 86.39

The interbank range this week has been:    AUDJPY 85.46 – 87.54

The AUD is back up on this cross at 86.70 as the risk tone reduces, also helping is better Japanese economic data …should hold at current levels over the next few days support is down at 85.40..

Current Level Support Resistance Last week’s range
AUD/YEN 86.72 85.00 86.80 85.46 – 87.77

The AUD is sharply lower on the JPY now at 85.84 from the 88.00 seen earlier in the week. Further declines are likely to test 85.00…
The current interbank midrate is:    AUDJPY 85.53

The interbank range this week has been:    AUDJPY 85.51 – 88.02

The AUD is around 87.60 trading in a sideways pattern, this cross is all about JPY strength against the USD and we look for the AUD to move lower against the JPY over the course of the week…86.80 beckons.

Current Level Support Resistance Last week’s range
AUD/YEN 87.54 86.80 87.90 87.37 – 88.54

The AUD has broken the key reversal level of 87.90 and is now down at 87.62 on this cross and given the more settled political situation in Japan post the reshuffle by PM Abe, look for a test of 86.80 next week…
The current interbank midrate is:    AUDJPY 87.61

The interbank range this week has been:    AUDJPY 87.37 – 88.82

It’s been a volatile week for this pairing. The Australian dollar surged to recent highs against the Japanese Yen yesterday, driven by broad based USD weakness, in a continuation of the strong rally we have seen since early June. That rally remains well intact for the time being and only a break below trend support, now seen at 87.90, would bring that into question. Until then further gains are likely. That being said, there are signs that momentum is starting to wane and any break below that 87.90 support would likely confirm the rally is over and encourage further selling. Markets don’t go one way forever, and this rally is starting to get a little ‘long in the tooth’. So while we need to see a definite sign of weakness before we can say the rally is over, I certainly wouldn’t be recommending selling JPY and buy AUD at these levels.
The current interbank midrate is:    AUDJPY 88.63

The interbank range this week has been:    AUDJPY 87.66 – 89.42

Although the Australian dollar has had a significant pull back from recent highs against the Japanese Yen, it has yet to even test key trend line support currently around 87.40. It would take a break below that level to signal the broader uptrend has come to an end. The pair made fresh cycle highs at 89.28 last week, before correcting low to now trade around 88.00. It has been as low as 87.64, but while key support at 87.40 contains any period of weakness, the focus remains on the topside and potential further gains. Key to near term direction however is likely to be tomorrow’s release of Australian inflation data which will be closely watched.

Current Level Support Resistance Last week’s range
AUD/YEN 88.16 87.40 89.30 0.9875 – 1.0056

The Australian dollar has seen solid gains against the Japanese Yen this week, in a continuation of the strong rally that started back in early June. The pair managed to break above resistance at 88.20 and that’s opened the way for further gains. The high so far has been 89.28 and there are no signs this rally is done yet. Major trend support now comes in around 87.20 and there will no doubt be plenty of buyers if we happen to get a pull back toward that level. As long as the market holds above that trend support, the focus remains on the topside.
The current interbank midrate is:    AUDJPY 88.91

The interbank range this week has been:    AUDJPY 87.50 – 89.28

Current Level Support Resistance Last week’s range
AUD/YEN 88.16 87.40 89.30 0.9875 – 1.0056

The Australian dollar has been in a strong uptrend against the Japanese Yen since the beginning of June. That trend continued this week as the AUD outperformed most other currencies. The pair surged to cycle highs of 88.22 last night. That 88.20 area is however key resistance marking the high made back in early February. It should provide a tough barrier for further gains now as well. Today RBA minutes may well be the deciding factor in determining whether the pair can break above that level. Later in the week we also have Australian employment data and the Bank of Japan meeting to digest.

Current Level Support Resistance Last week’s range
AUD/YEN 87.70 86.60 88.20 86.66 – 88.22

Japanese Yen weakness has been the dominant driver of this pair over recent weeks as prices have been trending higher. Resistance around 87.50 is now in sight and it would take a move below support at 85.80 to suggest the uptrend has run its course. Until then, look for further tests higher.

Current Level Support Resistance Last week’s range
AUD/YEN 86.77 85.80 87.50 85.67 – 86.93

Has drifted lower from the earlier in the week 86.97 high, now around 86.15 next support is around 84.90, but should hold above 86.00 heading into next week.
The current interbank midrate is:    AUDJPY 86.21

The interbank range this week has been:    AUDJPY 85.67 – 86.93

Has made a 3 ½ month high at 86.97 earlier today , is now at 86.88 and providing no RBA upset a move over 87.00 looks likely …immediate resistance is at 87.10

Current Level Support Resistance Last week’s range
AUD/YEN 86.88 85.60 87.10 84.86 – 86.93

Now around 86.12 after 84.10 early in the week, AUD fundamentals now look better against the JPY and we expect the AUD to push back over 86.50 next week.
The current interbank midrate is:    AUDJPY 86.08

The interbank range this week has been:    AUDJPY 84.01 – 86.54

Sitting around 84.98 the AUD has made good gains over the last two days after a low of 83.71 last week…next stop is 85.10 then 85.60/70.

Current Level Support Resistance Last week’s range
AUD/YEN 84.95 84.00 85.75 83.73 – 85.08

Now at 84.75 after a month high overnight at 84.90, the AUD looks solid on this cross and looks on target to retest resistance at  85.75 last seen in March

Current Level Support Resistance Last week’s range
AUD/YEN 84.76 83.00 85.75 82.86 – 84.88

Back at a month’s high at 84.42 for the AUD and looks set to push on to 85.06 early next week as the AUD settles into these higher levels …
The current interbank midrate is:    AUDJPY 84.36

The interbank range this week has been:    AUDJPY 82.60 – 84.49

The AUD is holding firm on this cross, now at 83.15 back a little from the 83.38 high seen last week….another push towards 83.40 cannot be discounted later in the week.

Current Level Support Resistance Last week’s range
AUD/YEN 83.10 82.00 83.40 81.81 – 83.39

The AUD has strengthened on the more risk-on tone , now around 82.88 , immediate resistance is next  at 83.40 achievable over the next few days if the risk tone remains unchanged…
The current interbank midrate is:    AUDJPY 82.86

The interbank range this week has been:    AUDJPY 81.79 – 82.99

Has good support at 81.90 and currently trading around 81.98 , expect little change ahead of RBA later today , but Aussie GDP tomorrow could provide a catalyst to trade sub 81.50 support level.

Current Level Support Resistance Last week’s range
AUD/YEN 81.99 81.50 82.45 81.81 – 82.95

The AUD has made hard work on this cross, gradually drifting lower this week currently around 82.45 but we look for 82.00 to be tested next week.
The current interbank midrate is:    AUDJPY 82.42

The interbank range this week has been:    AUDJPY 81.91 – 82.98

Sitting around 82.38 after a high last week of 83.87 , initial support is at 81.75 but looks to be in consolidation mode at the moment, a move back into the 82.00 region is favoured over the next day or two.

Current Level Support Resistance Last week’s range
AUD/YEN 82.34 81.75 84.00 82.25 – 83.87

The AUD is back at 83.30 as the risk-on climate weakens the JPY, next resistance level is at 84.00 but we expect the AUD to consolidate at current levels before attacking this level, immediate support at 82.32 should hold over the next few days.

Current Level Support Resistance Last week’s range
AUD/YEN 83.22 82.32 84.00 81.81 – 84.40

Managed to hit 84.50 but has been knocked lower to 81.76 as JPY safe-haven re-asserted on the US political turmoil…now at 82.51, but AUD tone looks soft and we favour another test of 81.75 next week which could extend to 81.50 if more safe-haven flows occur.
The current interbank midrate is:    AUDJPY 82.68

The interbank range this week has been:    AUDJPY 81.81 – 84.51

Started the week higher at 84.15 for the AUD, 83.61 should provide support and if gains are held above 84.00 a push to 84.50 looks possible in the next day or so.

Current Level Support Resistance Last week’s range
AUD/YEN 84.06 82.70 84.50 83.21 – 84.51

Sideways trading, now at 83.82 and looking for breakout direction next week , AUD downside is still favoured…82.70 beckons..
The current interbank midrate is:    AUDJPY 83.85

The interbank range this week has been:    AUDJPY 82.68 – 84.34

AUD continues to weaken on this cross, now at 83.35 after a high of 84.50 last week, is trading in a narrow range looking for direction. The downside is favoured on this cross.

Current Level Support Resistance Last week’s range
AUD/YEN 83.30 82.70 84.50 82.68 – 84.54

Trended lower over the week from 84.52 to current levels around 83.20, given continued commodity softness we see AUD weakness continuing next week.
The current interbank midrate is:    AUDJPY 83.09

The interbank range this week has been:    AUDJPY 82.99 – 84.54

The AUD has been as low as 82.72 over the week , is now back around 84.32 and looks solid for a push to the 85.00 mark…may need the US data out of the way before an attempt is made…look for consolidation slightly above current levels..

Current Level Support Resistance Last week’s range
AUD/YEN 84.37 82.70 85.00 82.74 – 84.51