Marco-kh

Marco-kh

Fundamental Analysis: • The Non-Weighted Currency Index of the JPY has just broken out of a triangle to the upside, indicating JPY strength at the moment. • Japan’s 10-year bonds have been in an uptrend for months and have just rejected the 50% Fibonacci level to the upside. • The BoJ remains one of the most hawkish central banks, and Japan’s economy continues...

Marco-kh

AUDCAD 2H Fundamentals: •The RBA has made its first rate cut, initiating its rate-cutting process. However, this is more of a symbolic cut rather than a genuine attempt to stimulate the economy. It was essentially a “hawkish cut” from the RBA. •We could see a shift in risk sentiment, with the S&P500 currently in an uptrend but recently rejecting a daily...

Marco-kh

EURJPY 2H Fundamentals: •Eurozone 10Y Bonds broke a key ascending trendline to the downside and have now retested it before continuing lower. This suggests that the EUR is overvalued and that investors are losing confidence in the Eurozone. •Conversely, Japanese 10Y Bonds have been in a strong uptrend for a while now. •The Non-Weighted Currency Index also shows...

Marco-kh

Fundamental Analysis: • JPY10 is in an uptrend, which suggests to me that the yen is undervalued. • Even though risk sentiment is not a major factor in the current context—since the main macro driver right now is Trump, I wouldn’t be surprised if, given this uncertainty, investors turn to the yen, especially since the BOJ is one of the most hawkish central banks...

Marco-kh

Fondamentally , the australian dollar should lose value because of the the last night cut of the RBA. But , in fact, the RBA ade what we call a "hawkish cut" by cutting interest rate like it was predicted by the STIR Markets , but in their statement, the RBA , didn't spoke about futures cut because the inflation rest somehow elevated although it's coming closer to...