MacroParity
Currency valuation & position framework
UPDATED 06 AUG 2026
PRICES · YAHOO FINANCE, EOD
Pair

AUDJPY

ENTRY ZONE
Macro favours the quote currency and price sits high in range.
Price
111.332
-2.02% this week
Macro side
SHORT
gap 0.936
1Y position
82.6%
94.386114.903
10Y position
93.6%
DEEP HIGH
The entry window stays open while price is above 107.722. 101.567 marks where the gap is considered priced in — a natural profit-taking area, not a forecast.
What would change this

Catalysts

The ranking recomputed assuming one central bank moves its rate path. Arithmetic on the inputs, not a forecast of how price reacts.

RBA · next decision 2026-08-11 (5d)

ScenarioNew gapSideEffect
Hikes 50bp0.102LONGDirection flips
Hikes 25bp0.451SHORTSignal holds
Holds, tone unchanged0.936SHORTSignal holds
Signals a cut1.251SHORTSignal holds
Cuts 50bp1.462SHORTSignal holds

BoJ · next decision 2026-09-18 (43d)

ScenarioNew gapSideEffect
Hikes 50bp1.428SHORTSignal holds
Hikes 25bp1.224SHORTSignal holds
Holds, tone unchanged0.936SHORTSignal holds
Signals a cut0.479SHORTSignal holds
Cuts 50bp0.098LONGDirection flips
Scenarios that would end this setup: RBA hikes 50bp → direction flips; BoJ cuts 50bp → direction flips. Everything else leaves the signal intact, though the gap changes.

Concentration

6 entry-zone pairs share a currency with AUDJPY: GBPAUD, NZDJPY, AUDJPY, AUDUSD, EURAUD, EURJPY. Taking several of them is one position expressed multiple times, not diversification.
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