At the same time, the Bank of Japan is doing everything possible to fight interest rates, so we want to pay attention to interest rates around the world. AUD/JPY is bearish during Thursday’s trade as we continue to see a lot of noisy behavior. At the end of the day, this is a market that I think is going to see a lot of volatility, mainly because there are a lot of different things weighing on them at the same time. Advertisement Do you have a place to try? Don’t wait! Trade AUD/USD Now For example, the Australian dollar has a strong influence on commodity markets and risk appetite in general, so it’s good to keep that in mind. This is why the market is turning its attention to commodities, as Australia’s economy is strongly linked to the mining sector, which supplies so many metals to China and the rest of the world. At the same time, the Bank of Japan is doing everything possible to fight interest rates, so we want to pay attention to interest rates around the world. If they start to rise again, it will be negative for the Japanese yen because the central bank will have to print more currency to buy more bonds to lower interest rates. Be careful At this point, risk appetite is probably driving this market more than anything else. At the end of the day, the Japanese yen is a safe-haven currency, so it will be interesting to see if that continues, even though the Bank of Japan is one of the few central banks around the world to release money. monetary policy If we break below the 200 day EMA, it is likely that we will be able to break to the 91 yen level and well below their children in this market. On the other hand, if we can break above the 50-day EMA, we can look at the 9 -in level. If the 9 yen level has risen, we can probably move to the 95 yen level. Anyway, I think we have a lot of benefits coming to the market that I don’t expect anytime soon, but anything is possible at this point. I think one thing you have to be very careful about is the holiday season, which means liquidity could start to dry up next week.