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EUR/JPY, USD/JPY continue to rise while AUD/USD trades in 13-month lows

​​​EUR/JPY, USD/JPY continue to rise while AUD/USD trades in 13-month lows​ ahead of Fed and BoJ rate meetings.​

Dollar Source: Adobe images

​​​EUR/JPY advances further still

EUR/USD has reached the 55-day simple moving average (SMA) at ¥162.47 as expected. Next up is the ¥163.60 to ¥163.89 resistance area.

​Wednesday's high at ¥160.70 offers minor support.

​​​EUR/JPY daily chart

EUR/JPY chart Source: TradingView.com
EUR/JPY chart Source: TradingView.com

​USD/JPY still advances

USD/JPY is on track for its seventh straight day of gains and nears the 7 November ¥154.71 high.

​Support is seen along the 200-day SMA at ¥152.09. Further down lies the 4 December high at ¥151.23.

​USD/JPY daily chart

USD/JPY chart Source: TradingView.com
USD/JPY chart Source: TradingView.com

​AUD/USD trades in 13-month lows

AUD/USD trades close to its 13-month low at $0.6337. Below it the October 2023 low can be found at $0.6271.

Minor resistance above Thursday's $0.6429 high is seen along the October-to-December downtrend line at $0.6435. 

​AUD/USD daily chart

AUD/USD chart Source: TradingView.com
AUD/USD chart Source: TradingView.com

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