From Record Highs to Retest Zones: This Week’s FX Edge

In partnership with

Gold’s Relentless Rally, CAD/JPY’s Retest & AUD/JPY’s Pullback Play

Safe-haven demand stayed in the driver’s seat midweek as gold notched yet another record high, closing near $3,563 amid geopolitical jitters and elevated global bond yields. The dollar’s early gains faded after softer U.S. JOLTS job openings stoked expectations for a weaker NFP print, while oil slid on news of OPEC+ oversupply and potential production hikes.

On the technical front, CAD/JPY is back in the 107.00–108.00 zone after breaking its long-term uptrend in August — a classic break-and-retest scenario where sellers may reassert control. Meanwhile, AUD/JPY, fresh off a bullish channel breakout, is stalling near 97.00 and could pull back to retest former resistance around 96.50 before resuming its climb. This issue blends macro caution with tactical setups that reward patience and precision.

Daily Broad Market Recap – September 3, 2025

  • Gold extended its record run as geopolitical risks and political uncertainty in Japan and the U.S. kept safe-haven flows strong.

  • The dollar reversed early gains after U.S. JOLTS job openings missed forecasts, boosting rate cut bets.

  • Oil fell sharply on OPEC+ oversupply headlines; equities were mixed.

🔥CAD/JPY Break and Retest Opportunity Near 108.00

  • CAD/JPY retests the 107.00–108.00 zone, aligning with the 50%–61.8% Fib, pivot point, and broken trendline.

  • Bearish rejection could target 106.00 or 105.00; a bullish break above 108.00 may reopen 109.00 and fresh highs.

📊 From Beach Mode to Beast Mode: Get Your Trading Mojo Back

  • AUD/JPY broke above its descending channel on upbeat Aussie data and yen weakness.

  • Price is stalling near 97.00; a pullback to 96.50 (38.2% Fib/former channel top) could attract buyers for a push toward 97.43 or 98.02.

This issue captures the intersection of macro drivers and clean technical levels. From gold’s safe-haven surge to CAD/JPY’s retest and AUD/JPY’s pullback zone, the setups are clear and the catalysts are live. Whether you’re trading breakouts, bounces, or reversals, the key is aligning your bias with the bigger picture.

Happy Trading!

Your Secure Voice AI Deployment Playbook

  • Meet HIPAA, GDPR, and SOC 2 standards

  • Route calls securely across 100+ locations

  • Launch enterprise-grade agents in just weeks