毎日ライブでの市場分析(英語のみ)提供中です。

登録

Japan’s elections and from Australia, RBA’s minutes

In Japan, the ruling coalition lost the majority in the upper legislative House in yesterday’s election. The election results seem to have been anticipated by the markets as the Yen firmed in today’s opening and remained relatively stable. Political stability in Japan is now at risk as Japanese PM Ishida vowed to stay in power, yet doubts about his leadership emerge. It should be noted that the issue emerges in a critical moment as Japan is in trade negotiations with the US while at the same time the result may add pressure on BoJ to refrain from tightening its monetary policy, given also the slowdown of June’s CPI rates. As mentioned JPY got some support in today’s opening, implying that the market may have been prepared for a worse scenario, yet also note that It’s a public holiday in Japan today, so we may see a delay in the market’s reaction.

USD/JPY dropped breaking the 148.20 (R1) support line, now turned to resistance. In its downward motion the pair has broken also the upward trendline guiding the pair since the 1st of July, signaling an interruption of the pair’s upward movement, hence we switch Friday’s bullish outlook for a sideways motion for now. Should the bulls regain control, we may see the pair breaking the 148.20 (R1) resistance line and start aiming for the 151.20 (R2) resistance level. Should the bears take over, way see USD/JPY, aiming if not breaking the 145.50 (S1) support level.

Despite RBA’s latest interest rate decision to remain on hold, the market seems to expect the bank to deliver three rate cuts until the end of the year, a signal of substantial dovish expectations for the bank’s policy. In tomorrow’s Asian session, we note the release of RBA’s July meeting minutes and should the document show dovish intentions by the bank’s policymakers we may see the Aussie losing ground, while should they seem prepared to delay further any rate cuts, we may see the Aussie getting some support as the market may have to readjust its dovish expectations.

AUD/USD remained stable just below the 0.6515 (R1) resistance line in today’s Asian session. Given that the pair broke on Thursday the upward trendline guiding it, we maintain a bias for a sideways motion currently. The RSI indicator remains close to the reading of 50, implying a relative indecisiveness on behalf of the market for the pair’s direction, while the Bollinger bands have started to narrow implying less volatility for the pair. Should the bulls take over, we may see the pair breaking the 0.6515 (R1) resistance line and start aiming for the 0.6690 (R2) resistance level. On the flip side, we may see the pair aiming if not breaching the 0.6340 (S1) support level.

その他の注目材料

Today we get Canada’s PPI rates for June and in tomorrow’s Asian session, we get New Zealand’s trade data also for June.

今週の指数発表:

On Tuesday, Fed Chairman Powell is scheduled to speak and on Wednesday we get Euro Zone’s preliminary consumer confidence for July is due out. On a packed Thursday, we get the preliminary PMI figures for July of Australia, Japan, France, Germany, the Euro Zone as a whole, the UK and the US while we also note the release of the Japan’s chain store sales for June, Germany’s GfK consumer sentiment for August, UK’s CBI trends in industrial orders for July and CBI Business optimism for Q3, from the US the weekly initial jobless claims figure and Canada’s retail sales, while on a monetary level, we note from Turkey CBT’s interest rate decision and from the Euro Zone we highlight ECB’s interest rate decision and ECB President Lagarde’s subsequent press conference. On Friday, we get from Japan, Tokyo’s CPI rates for July, UK’s retail sales for June, Germany’s July Ifo indicators and the US durable goods orders for June.

USD/JPY Daily Chart

support at one hundred and forty five point five and resistance at one hundred and forty eight point two, direction sideways
  • Support: 145.50 (S1), 142.20 (S2), 139.20 (S3)
  • Resistance: 148.20 (R1), 151.20 (R2), 151.65 (R3)

AUD/USD デイリーチャート

support at zero point six three four and resistance at zero point six five one five, direction sideways
  • Support: 0.6340 (S1), 0.6130 (S2), 0.5915 (S3)
  • Resistance: 0.6515 (R1), 0.6690 (R2), 0.6940 (R3)

もしこの記事に関して一般的なご質問やコメントがある場合は、reseach_team@ironfx.com宛で弊社のリサーチチームへ直接メールで連絡してください。 research_team@ironfx.com

免責事項:
本情報は、投資助言や投資推奨ではなく、マーケティングの一環として提供されています。IronFXは、ここで参照またはリンクされている第三者によって提供されたいかなるデータまたは情報に対しても責任を負いません。

ニュースレターにサインアップする
[gravityform id="4" title="false" ajax="true"]
お客様の電子メールはマーケティング目的でのみ使用されることに注意してください。詳細については、以下をお読みください。 プライバシーポリシー
共有:
Home Forex blog Japan’s elections and from Australia, RBA’s minutes
Affiliate World
Global
アラブ首長国連邦、ドバイ
28 February – 1 March 2022

IronFX Affiliates

iFX EXPO Dubai

22-24 February 2022

Dubai World Trade Center

Meet us there!

Iron 世界選手権(IWC)

Grand Finale

賞金プール!*

*T&Cs apply

iron-world
iron-world

Iron World

November 16 – December 16

Minimum Deposit $5,000

すべての取引にはリスクが伴い、
投資資本をすべて失う可能性があります。

Ironワールドチャンピオンシップ

one-million

賞金プール!*

planet-usd-thunder
planet-usd-thunder

チタニアワールド

10月15日~11月15日

最低入金額 3,000米ドル

*T&C apply. All trading involves risk.
It is possible to lose all your capital.

Iron 世界選手権(IWC)

one-million

賞金プール!*

elements-desktop
elements-mobile

Tantalum World

14 September– 14 October

Minimum Deposit $500

*T&C apply. All trading involves risk.
It is possible to lose all your capital.

IronFXをご利用いただきありがとうございます。

このウェブサイトは英国在住者向けではなく、EU​およびMiFID IIの規制の枠組み、ならびに英国金融行動規制機構ハンドブックに記載されている規則、ガイダンス、保護の対象外となります。

ご希望の方法をお知らせください。

IronFXをご利用いただきありがとうございます。

このウェブサイトはEU在住者向けではなく、EUおよびMiFID IIの規制の枠組みから外れています。
IronFXへのアクセスをそれでも希望される場合は、以下をクリックしてください。

Iron 世界選手権(IWC)

one-million

賞金プール!*

フォスフォラワールド

14 August - 13 September

Minimum Deposit $500

*T&C apply. All trading involves risk.
It is possible to lose all your capital.