{
  "id": 11358644,
  "title": "AUD/JPY Price Forecast: Weakens below 109.50 as bearish tone persists below 100-day SMA",
  "url": "https://urgent.news/2026/10/02/aud-jpy-price-forecast-weakens-below-109-50-as-bearish-tone-persists",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-02T04:50:27.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/aud-jpy-price-forecast-weakens-below-10950-as-bearish-tone-persists-below-100-day-sma-202610020450"
  },
  "original_language": "en",
  "account": "The AUD/JPY currency pair is trading at a lower level near 109.40 in early European trading hours on Friday. Rising inflation has strengthened the Japanese Yen (JPY) as Japan’s Tokyo inflation gauge showed a sharp increase in September. The headline Consumer Price Index (CPI) rose by 2.7% compared to the previous 1.9%, while excluding fresh food, it climbed 2.7% year-over-year, surpassing market expectations of 2.4%. Senior economist Masato Koike at Sompo Institute Plus stated that core inflation will continue to accelerate due to escalating energy costs resulting from the Middle East conflict and its second-round effects. He expects the Bank of Japan (BoJ) to raise its policy interest rate in December. Rabobank analysts highlight that the BoJ is hesitant to raise rates rapidly, with some economists arguing for further tightening while others warn against hasty action, emphasizing the impact of past rate increases. The daily chart shows AUD/JPY holding below the 20-period Bollinger middle band and the 100-day simple moving average (SMA), with the Relative Strength Index (14) at 32 just above an oversold territory. The next resistance level is at the 110.00 psychological level, followed by the Bollinger SMA middle band near 110.70. The supply zone, which could cap recovery attempts, is defined by the upper Bollinger band at 112.30 and the 100-day SMA at 112.60. Support is provided by the lower limit of the Bollinger band at 109.15, where a clean break could potentially reopen the path toward the October 1 low of 108.71 and the February 17 low of 107.69.",
  "summary": "The AUD/JPY cross trades in negative territory near 109.40 during the early European trading hours on Friday.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Silver Price Forecast: XAG/USD slips below $60.50 amid rising inflation concerns",
        "url": "https://urgent.news/2026/10/02/silver-price-forecast-xag-usd-slips-below-60-50-amid-rising-inflation",
        "published": "2026-10-02T02:04:32.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}