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.
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.
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.
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.
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