AUDJPY Weekly Outlook 25th May 2026 – 29th May 2026 — A Range That Refuses to Break
AUDJPY Weekly Outlook 25th May 2026 – 29th May 2026. Aussie-Yen has been trading between 112.638 and 114.740 for three weeks. Each week, the market sweeps one side of the range and closes in the middle. Last week: swept SSL at 112.638 on Monday 19th May, closed at 113.482. This week: opened 113.673, high 113.926, low 113.644. The pair is grinding upward inside the range but has not made the decisive break above 113.982 (prior week high) yet. [Takes a long sip of coffee and stares at the chart for a moment longer than necessary.]
Weekly Structure — Three-Week Consolidation, Both Sides Swept
The weekly range: 114.740 HOH (week of 11th May), 112.638 LOL (week of 18th May, swept Monday 19th). Both extremes have been tested. The smart money has seen both sets of stops. This is classic accumulation-or-distribution ambiguity — the market has not committed to a direction.
Key levels: The HOH at 114.740 (week of 11th May) and 114.718 (week of 27th April) form a double-top cluster — major BSL overhead. The SSL at 112.638 is now the floor. Aussie yen range breakout 112.638 key level — that is the level that defines the bear case. Below 112.638 and we are looking at 111.324 and below.
The Levels That Matter This Week
- Weekly Bias — Neutral — range bound 112.638–114.740, no directional conviction
- Range floor (SSL) — 112.638 — swept last week, must hold for any bull case
- Daily OB base — 113.268–113.366 — Thursday last week low and Wednesday mid
- Current price — 113.848 — Monday, mid-range
- First resistance — 113.982 — prior week HOH, break needed for continuation
- HOH cluster — 114.318–114.740 — major BSL zone, two-week double top area
- Bear scenario — 113.070 break → 112.638 → 111.324
- Bull scenario — 114.740 break → 115.000+ new territory
ICT / SMC Framework
AUDJPY is a risk-sentiment barometer. When risk is on — equities rallying, volatility low — the Aussie outperforms the Yen. When risk is off — GDP misses, PCE shocks — the Yen bids and the pair falls. This week’s US data slate (GDP Thursday, PCE Friday) will likely determine which side of the 112.638–114.740 range gets tested next.
AUDJPY ICT weekly neutral range 25 May — the honest call. The structure is inconclusive. Three weeks of compression typically precede a volatility expansion. That expansion could be either direction.
AUD JPY price outlook 25 May 2026 — the first signal will come from 113.982. A clean break and close above that level opens 114.318. A rejection returns price to the 113.070–113.268 OB zone. Neither outcome surprises me at this point.
Trade Setups for the Week
| Setup | Direction | Entry Zone | Target | Stop | R:R |
|---|---|---|---|---|---|
| Range top buy | LONG | 113.268–113.366 OB support | 114.318 | 113.070 | ~2.5:1 |
| HOH breakout buy | LONG | 114.740 break + hold | 115.300 | 114.400 | ~2.1:1 |
| Range bottom sell | SHORT | 113.982 rejection | 113.070 | 114.100 | ~2.4:1 |
Key Economic Events
| Date | Event | AUDJPY Impact |
|---|---|---|
| Mon–Tue | US + UK holidays | Thin — JPY safe-haven flow possible |
| Thu 28 May | US GDP + potential BOJ commentary | Dual volatility risk — JPY and risk appetite |
| Fri 29 May | US PCE Core | Risk-on/off catalyst — defines range resolution direction |
AUDJPY weekly forecast May 25 2026 — this is the most honest trade on the board: no directional conviction, clear range, defined risk. Wait for the break. The market will resolve the ambiguity by end of week, one way or another. Three weeks of compression and a data-heavy Friday is not a recipe for continued inaction.
We will be back at the London open Wednesday. The range has been patient. So should you be.


