毎日ライブでの市場分析(英語のみ)提供中です。

登録

As AUD strengthens by RBA’s interest rate decision…

A was widely expected RBA remained on hold at +0.75% today, yet the accompanying statement strengthened the Aussie somewhat. In its accompanying statement the bank stated that a gentle turning point appears to have been reached. The bank’s forecasts included inflation to be close to 2% in 2020, while growth is to close around 2.25% and then to pick up to 3.00% in 2021. On the flipside the bank seems to continue to see that the risks to the global economy are tilted to the downside, albeit the outlook remains reasonable. The bank may be hinting to a pause of its easing cycle as it stated that the easing of monetary policy since June is supporting employment and growth. The outlook for the Aussie from a monetary policy perspective seems to open and central bank differentials may continue to support it. AUD/USD dropped after testing the 0.6925 (R1) resistance line, yet RBA’s interest rate decision provided some support regaining partially yesterday’s losses. As the pair broke the upward trendline incepted since the 28th of October, we switch our bullish outlook for a sideways scenario. Should the bulls take charge of the pair’s direction once again, we could see it breaking the 0.6925 (R1) resistance line and aim for the 0.6985 (R2) resistance level. Should the bears dictate the pair’s direction, we could see AUD/USD breaking the 0.6860 (S1) support line and aim for the 0.6800 (S2) support level.

… JPY weakens on trade hopes…

JPY weakened against the USD yesterday as growing optimism about the US and China being close to sign a “phase 1” deal pushed downwards. There were promising signs as the US seems to be willing to drop some of its tariffs of Chinese products, while China asks for more tariff roll backs. Also media report that China seems to be reviewing locations in the US in order for the two countries to sign a possible preliminary deal. However, it remains to be seen if the partial deal will be actually touching the core disputes of the two countries. Analysts tend to note that the mood is more risk on in the markets and it would be indicative that US stock-markets had gains yesterday. We tend to expect that any further signs for a partial resolution of the US-Sino trade differences could boost the USD as well as riskier assets. USD/JPY rose yesterday breaking the 108.35 (S1) resistance line, now turned to support. We maintain a bullish outlook for the pair, as the pair’s price action is forming un upward trendline, since the 1st of the month. Should the pair find fresh buying orders along its path, we could see it breaking the 109.00 (R1) resistance line and aim for the 109.70 (R2) resistance hurdle. Should the pair come under the selling interest of the market, it could break the 108.35 (S1) support line and aim for the 107.75 (S2) support barrier.

Other economic highlights today and early tomorrow

Today during the European session, we get Turkey’s CPI rate, Germany’s final Manufacturing PMI and UK’s construction PMI all for October, as well as Eurozone’s Sentix investor sentiment for November. In the American session, we get the US factory orders growth rate for September and in tomorrow’s Asian session China’s Caixin Services PMI for October.

As for the week ahead

Today during the European session, we get the UK services and a composite PMIs for October as well as Eurozone’s PPI growth rate for September. In the American session, we get the US and Canada’s trade data for September as well as the US ISM non-manufacturing PMI for October and the API weekly crude oil inventories figure. Just before the Asian session starts, we get New Zealand’s employment data for Q3 and later on Japan’s services PMI for October. As for speakers, Richmond Fed President Barkin, Dallas Fed President Kaplan and Minneapolis Fed President Kashkari speak, while BoJ releases Minutes of the September meeting.

AUD/USD 4 Hour

As AUD strengthens by RBA’s interest rate decision… -AUD/USD 4 Hour

Support: 0.6860 (S1), 0.6800 (S2), 0.6740 (S3)
Resistance: 0.6925 (R1), 0.6985 (R2), 0.7050 (R3)

USD/JPY 4 Hour

As AUD strengthens by RBA’s interest rate decision… -USD/JPY 4 Hour

Support: 108.35 (S1), 107.75 (S2), 107.20 (S3)
Resistance: 109.00 (R1), 109.70 (R2), 110.80 (R3)

As AUD strengthens by RBA’s interest rate decision…

As AUD strengthens by RBA’s interest rate decision…

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 As AUD strengthens by RBA’s interest rate decision…
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.