DXYUSDJPYNIKKEI Sell Japan tomorrow. The Japanese election results are expected to be announced, and a hung parliament is the most likely. The ruling LDP has not adequately addressed the recent corruption scandals and may struggle to form a ruling coalition. Political uncertainty is likely to lead to a sell-off scenario.
JP225USD based on technicals, there is a triple divergence on the 1 hour RSI, although we likely won’t see any explosive buying until after Japans Election Day next Monday, as fundamentals are still in fear mode, uncertainty is keeping big money out of the markets