【Technical Analysis】10 August 2026
【Technical Analysis】10 August 2026 ■ Overview The main themes in the current market are rising equities, a short-term yen-selling rebound, sterling strength, and precious-metals strength. In FX, GBP/USD shows strong buying across all timeframes and is the strongest of the major dollar pairs. EUR/USD, AUD/USD, and NZD/USD remain strong buys on the daily chart, but […]
Keeping an eye on the direction of the yen’s appreciation, with a view to US House Speaker Pelosi’s visit to Taiwan
The dollar-yen exchange rate fell again today in the Tokyo market, widening its lows from below the 131 yen level to the 130.41 level. After that, the return did not reach the 131 yen level. The cross-yen is also declining at the same time, resulting in a strong yen market. The fact that the US […]
With the risk of JPY appreciation starting in August
The August market has started. In the morning of Tokyo, the appreciation of the JPY is reignited. The dollar-yen pair fell from the mid-133 yen level to just below the 132-yen level, and the cross-yen pair also fell by more than 1 yen. The decline in the degree of hawkishness of US monetary policy since […]
The depreciation of the yen and the appreciation of the dollar, the two wheels mesh with each other to further increase the yen
The dollar / yen pair is looking for an upside again. The higher-than-expected increase in employment growth in US employment data last weekend seems to have cleared some uncertainty about the outlook for the US economy, which was widespread in the market. The mood is widespread that the US economy is stronger than expected. Rising […]
The Bank of Japan is behind in the development and normalization of yen short.
The dollar yen and cross yen are rising this week. The flow of yen selling is becoming stronger. As the yen’s reaction to risk alerts such as stock prices slows, US and European financial officials have made a series of statements to further strengthen inflation alerts. The dollar buying movement has spread as Fed director […]
Depreciation of the yen has emerged as a major trend, looking ahead to US tapering-High crude oil prices are also headwinding to the yen
The yen has emerged as the best target for foreign exchange traders looking to take a position in anticipation of tapering by the US Federal Reserve. The yen has fallen about 4% against the dollar in the last three weeks, the worst performance in the G10 currency. However, this may only be the starting point […]