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CFDs are complex instruments. 72% of retail client accounts lose money when trading CFDs, with this investment provider. You can lose your money rapidly due to leverage. Please ensure you understand how this product works and whether you can afford to take the high risk of losing money.

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

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