AUD/USD Bullish Momentum: 0.91% Up In The Last 10 Sessions

(VIANEWS) – AUD/USD (AUDUSD) has been up by 0.91% for the last 10 sessions. At 01:06 EST on Friday, 21 June, AUD/USD (AUDUSD) is $0.67.

AUD/USD’s yearly highs and lows, it’s 6.346% up from its 52-week low and 5.95% down from its 52-week high.

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  • Usd/jpy flat lines below 158.00, bulls turn cautious amid subdued USD price action. According to FXStreet on Wednesday, 19 June, "This, however, does little to impress the JPY bulls or provide any meaningful impetus to the USD/JPY pair, though subdued US Dollar (USD) price action continues to act as a headwind for spot prices.", "Apart from this, speculations that Japanese authorities might intervene to prop up the domestic currency further contribute to capping the USD/JPY pair. "
  • Usd/jpy price analysis: steadies as asian session begins, above 158.00. According to FXStreet on Wednesday, 19 June, "Those reasons justify further USD/JPY upside, but fears that Japanese authorities might intervene in the markets keep traders cautious, with the major advancing steadily.", "Conversely, sellers can challenge key support levels if USD/JPY drops below 157.00. "
  • Usd/jpy holds steady near 158.00 mark, just below its highest level since late April. According to FXStreet on Thursday, 20 June, "Apart from this, the underlying bullish tone across the global equity markets is seen denting demand for the safe-haven JPY and lending support to the USD/JPY pair. ", "This, along with the US bond yields and Fedspeak, will influence the USD price dynamics and provide some impetus to the USD/JPY pair. "
  • Usd/jpy bulls turn cautious near 159.00, highest since April amid intervention fears. According to FXStreet on Friday, 21 June, "This adds to uncertainty if the BoJ will hike interest rates in July or later in the year, which, along with the underlying bullish sentiment across the global equity markets, dents demand for the safe-haven JPY and acts as a tailwind for the USD/JPY pair.", "The USD/JPY pair oscillates in a narrow range during the Asian session on Friday and consolidates its recent gains to the 159.00 neighborhood, or the highest level since late April touched the last hour. "

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