FX.co ★ KHALISA | AUD/JPY

Trading Journal November 11, 2026, AUDJPY Market Analysis Daily Timeframe Good morning, everyone. I wish you all good health and continued success in your daily activities, and best wishes for profit. May every trading decision you make today proceed according to your plan. Prioritize discipline, risk management, and patience in interpreting market movements to ensure continued growth and consistent results. In this article, I will discuss the movement of the AUD/JPY currency pair based on observations on the daily timeframe.

Judging from the structure of its price movement, AUDJPY currently still exhibits a fairly strong bearish trend. Selling pressure increased again after the price broke through the previous support area around 109,315. This breakout indicates that sellers still dominate the market and also confirms the formation of a lower low structure, strengthening the validity of the downtrend. Previously, the price had moved in a consolidation phase with several recoveries, but buyers' efforts to push the price higher were unable to produce a significant structural change. In terms of Moving Averages, the 50-day moving average (MA), indicated by the red line, is still moving downward and is above the current price. This condition indicates that bearish pressure has not significantly changed. In fact, when an upward attempt occurred in the previous trading session, the price was again rejected around the Moving Average area. This indicates that the 50-day MA still acts as dynamic resistance, limiting the room for price recovery. As long as the price cannot break through and remain above this area, I tend to maintain a bearish outlook. Meanwhile, the Bollinger Bands indicator shows the price moving closer to the lower band, accompanied by a widening distance between the bands. This condition could reflect increasing volatility and indicate that selling pressure is ongoing. Additional confirmation is seen in the MACD indicator, where the histogram has moved further below the zero line. The MACD line has also begun to trend downward after a previous recovery. This indicates that bearish momentum is strengthening again, with no convincing reversal signals yet. For my trading plan, I will continue to prioritize sell opportunities, with an eye on the 108,990 area, the nearest support currently being tested. If the price breaks through this area and produces a daily candle closing below it, the opportunity for a continued decline towards the psychological level of 108,000 will increase. However, I am also considering a pullback scenario if the price recovers first. The 110,000 area could be an interesting zone to observe for potential price rejection before seeking confirmation of the next sell entry. However, I don't want to rush into a position just because the trend is showing bearish pressure. Confirmation of a breakout and price reaction at the resistance area still need to be considered to provide a stronger basis for entry decisions. As long as the lower high and lower low structure remains intact, I believe the potential for a decline in AUDJPY still outweighs its potential for an increase.