The AUD/USD currency pair is currently testing significant support levels as traders anticipate the upcoming US Non-Farm Payrolls report. If these support levels fail, traders will likely focus on the $0.6400 region for further declines.
Minor resistance is observed along the downtrend line that has persisted since September.
The EUR/JPY is trying to maintain its position above key support levels, while the USD/JPY is in a recovery phase.
The current market sentiment is heavily influenced by the anticipation of the US Non-Farm Payrolls report. Traders are closely monitoring economic data releases and central bank policies.
Technical analysis remains a vital tool for traders, especially for the AUD/USD, EUR/JPY, and USD/JPY pairs. Traders must remain vigilant and adaptable to changing conditions in the forex market.