AUD/USD stabilizes while EUR/JPY, USD/JPY slip ahead of US employment data
AUD/USD stabilizes while EUR/JPY, USD/JPY slip ahead of US ADP employment release on Thursday and non-farm payrolls on Friday.
![AUD](http://a.c-dn.net/c/content/dam/publicsites/igcom/uk/images/news-article-image-folder/Adobe_AUD_07-11-2024.jpg/jcr:content/renditions/original-size.webp)
AUD/USD stabilizes
AUD/USD is holding above Wednesday's low at $0.6686. Further potential support can be seen around the 55-day simple moving average (SMA) at $0.6667. Minor resistance remains to be seen around the 27 August low at $0.6762.
![AUD/USD chart](http://a.c-dn.net/c/content/dam/igcom-websites/en_GB/images/charts/2024/09/05/AUDUSD_2024-09-05_06-25-21.png/jcr:content/renditions/original-size.webp)
EUR/JPY tumbles
EUR/JPY comes further off Monday's ¥162.89 high and probes the 7 February low at ¥158.92. Further down lies the ¥158.08 February low. The ¥160.00 region should now act as minor resistance.
![EUR/JPY chart](http://a.c-dn.net/c/content/dam/igcom-websites/en_GB/images/charts/2024/09/05/EURJPY_2024-09-05_06-21-43 (1).png/jcr:content/renditions/original-size.webp)
USD/JPY drops
USD/JPY continues to slide towards the ¥141.70 early August low while no rise above Wednesday's high at ¥145.55 is seen.
![USD/JPY chart](http://a.c-dn.net/c/content/dam/igcom-websites/en_GB/images/charts/2024/09/05/USDJPY_2024-09-05_06-24-41.png/jcr:content/renditions/original-size.webp)
The information on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG Bank S.A. accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer.
![](http://a.c-dn.net/c/content/dam/publicsites/igcom/uk/images/Rebrand/Article_banners/Forex-global-component-banner.jpg/jcr:content/renditions/original-size.webp)
Start trading forex today
Find opportunity on the world’s most-traded – and most-volatile – financial market
- Trade spreads from just 0.6 points on EUR/USD
- Analyse with clear, fast charts
- Speculate wherever you are with our intuitive mobile apps
See an FX opportunity?
Try a risk-free trade in your demo account, and see whether you’re onto something.
- Log in to your demo
- Take your position
- See whether your hunch pays off
See an FX opportunity?
Don’t miss your chance – upgrade to a live account to take advantage.
- Get spreads from just 0.6 points on popular pairs
- Analyse and deal seamlessly on fast, intuitive charts
- See and react to breaking news in-platform
See an FX opportunity?
Don’t miss your chance. Log in to take your position.
Live prices on most popular markets
- Forex
- Shares
- Indices
Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.