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Forex: AUD/JPY recovers above 99.00 pre-RBA minutes

FXstreet.com (Barcelona) - AUD/JPY is last at 99.17, near daily and weekly highs, flat for the week so far, having managed to close yesterday's massive opening gap down to fresh 6-day lows at 97.33 on the back of news coming from Europe about the Cyprus bailout. The cross has bounced ever since on both Aussie strength and Yen weakness completely closing mentioned gap.

Few minutes away from RBA minutes, “the main event on the Australian economic calendar,” says FXWW founder Sean Lee, AUD/USD is last near session lows at 1.0390 following speeches from RBA members Lowe and Debelle, sounding as if the easing cycle might have come to a near end. “In Japan, outgoing BOJ Governor Shirakawa will have his last day in the role and we can expect plenty of speeches and headlines from the BOJ as well,” Sean adds.

Immediate resistance to the upside for AUD/JPY shows at recent NY session weekly high 99.34, followed by March 12 highs 99.48/56, and Thursday's fresh 4.5-year highs at 99.97. To the downside, nearest term support lies at Friday's lows 98.93, followed by March 12 lows at 98.45, and March 10 lows at 97.90.

Forex Flash: AUD/NZD seen at 1.22 mid-year; 1.1765 year-end - BNZ

The week ahead is shaping up as another important one for the AUD/NZD, says Mike Jones, FX strategist at Bank of New Zealand. The cross rallied hard after the contrast of a dovish RBNZ and upbeat AU employment data.
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Forex: AUD/USD above 1.0400 post-RBA minutes

The AUD/USD is shaking up a bit in between 1.0400 and 1.0386 as latest RBA minutes has been just released, to remain unchanged at 1.0395 last, where it was at the time of the release. The pair managed to close the weekly opening gap down yesterday to 1.0340 lows, printing highs at 1.0410 during NY session.
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