search
Install Now

An incredible cashback rate!
40% of the spread!

Market Participants May Be Watching to See How Far the Weakening Swiss Franc Will Fall

Market Report

Market Participants May Be Watching to See How Far the Weakening Swiss Franc Will Fall

Today's Highlights
  1. U.S. Industrial Production
  2. Germany's ZEW Economic Sentiment Index

In U.S. currency trading yesterday, the Canadian dollar rose against the yen. The CAD/JPY pair traded between 105.828 and 106.730. The pair rose, supported by the 20-period moving average (MA) on the hourly chart. On the 4-hour chart, the uptrend continues, and the pair has reached the +2σ level of the Bollinger Bands.On the daily chart, the pair is currently attempting to break above the 200-period simple moving average (SMA) resistance line. We will be watching closely to see if the Canadian dollar’s upward momentum continues.

Among European currencies, the Swiss franc weakened from European trading hours through U.S. trading hours. The CHF/JPY pair fell from 178.175 to 177.404.It fell from the +3σ level of the hourly Bollinger Bands to the centerline. Meanwhile, on the 4-hour chart, the uptrend along the 10-period moving average remains intact, and on the daily chart, the RSI has risen to just below 70, the overbought level. We will be watching closely to see if the Swiss franc’s upside is capped during today’s European trading session.

Today’s economic indicators include the Bank of Japan’s policy rate and statement around noon, a press conference by BOJ Governor Ueda at 3:30 p.m., the German and Eurozone ZEW Economic Sentiment Indices at 6:00 p.m., Canadian international securities turnover at 9:30 p.m.,at 9:30 p.m., U.S. retail sales and the U.S. import price index; at 10:15 p.m., U.S. industrial production; at 11:00 p.m., U.S. business inventories and the U.S. NAHB Housing Market Index; and at 7:45 a.m. the following day, New Zealand’s current account balance.We intend to carefully monitor the downside potential of the weakening Swiss franc.

桜井 慶介

Author: Keisuke Sakurai

He has over 10 years of experience in FX trading. In the financial sector, he has been involved in investment management focused primarily on foreign exchange markets and has experience as an asset management advisor. Drawing on his extensive experience, he specializes in technical and fundamental analysis.

alert
Notification Settings
close

If you're using iOS

iOSをご利用の場合

If you're using iOS, tap the "Add/Save" icon at the bottom of Safari and select "Add to Home Screen." Once you've added it to your Home Screen, you can turn on "Receive Push Notifications" as shown above.

If you're using an Android device or a PC

Android、PCをご利用の場合

If you're using an Android device or a PC, you can simply turn on "Receive push notifications" as shown above without installing the app. (If your browser asks for permission, please select "Allow.")

You can find instructions on how to add this to your smartphone's home screen below.

USDJPY
XAUUSD
BTCUSD
USDJPY
XAUUSD
BTCUSD
Close
Click here for explanations of each notification
close
Details of Each Notification
line Receive key metrics and announcements

You will receive notifications about key metrics and limited-time promotions. If you turn this feature off, you may not be able to participate in limited-time promotions.

line Received a round number notification

A feature that sends notifications when a price reaches a round number. Receiving these notifications helps traders capitalize on trading opportunities and manage risk, which is why many traders are paying close attention to this feature.

polygon USDJPY

Notifications are sent for every 100 pips (1 JPY) (e.g., 1 USD = 147 JPY, 1 USD = 148 JPY, etc.). Notifications for the same exchange rate are reset after 3 days (72 hours) have passed.

polygon XAUUSD

Notifications are sent every 500 pips (50 USD) (e.g., $3,000, $3,050, etc.). Notifications for the same rate are reset after 3 days (72 hours) have passed.

polygon BTCUSD

Notifications are sent for every $5,000 (e.g., $110,000, $115,000, etc.). Notifications for the same rate are reset after 3 days (72 hours) have passed.

line Received notification of a sudden price fluctuation (sharp rise or fall in the exchange rate)

Receive real-time notifications of price fluctuations for USD/JPY, gold, and Bitcoin. Never miss a trading opportunity, even when you're on the go, and place orders that instantly respond to market conditions.

polygon USDJPY

You will receive a notification when there is a fluctuation of 30 pips (0.3 JPY) or more within 10 minutes (sharp rise or sharp drop). After that, notifications for sudden fluctuations under the same conditions will be suspended for 1 hour.

polygon XAUUSD

You will receive a notification when the price fluctuates by more than 20 USD within one hour (sharp rise or sharp drop). After that, notifications for sudden price fluctuations under the same conditions will be paused for four hours.

polygon BTCUSD

You will receive a notification when the price fluctuates by more than 2,000 USD within one hour (sharp rise or sharp drop). After that, notifications for sudden price fluctuations under the same conditions will be suspended for four hours.

Return to Notification Settings