search

An incredible cashback rate!
40% of the spread!

Should We Keep an Eye on the Upside Potential of GBP/JPY, Which Has Hit a New Year-to-Date High?

Market Report

Should We Keep an Eye on the Upside Potential of GBP/JPY, Which Has Hit a New Year-to-Date High?

Today's Highlights
  1. Remarks by Nagel, President of the German Central Bank
  2. U.S. NFIB Small Business Optimism Index

In U.S. currency trading the previous day, the U.S. dollar was the strongest. The USD/JPY pair rose from 154.902 to 155.986. It moved from below the 20-period moving average (MA) on the hourly chart to above it.On the 4-hour chart, the 200-period simple moving average (SMA) is acting as a support level, causing prices to rebound, while on the daily chart, the pair has recovered from below the 20-period moving average (MA), which it had temporarily broken below. During today’s Asian trading session, the pair is holding above the daily 20-period MA.

Among European currencies, the pound rose against the yen. The GBP/JPY pair rose from 206.589 to 207.801. The uptrend along the 10-period moving average on the hourly chart continued.On the 4-hour chart, the candlesticks have extended to the +2σ level of the Bollinger Bands, and on the daily chart, the pair has risen for two consecutive days, setting a new year-to-date high. Since the pair has also hit a new high during today’s Asian trading session, we will be closely monitoring the pound’s movements during U.S. trading hours.

Today’s schedule includes the Australian NAB Business Confidence Index at 9:30, the RBA policy rate announcement and statement at 12:30, a press conference by RBA Governor Block at 13:30, remarks by BOJ Governor Ueda at 14:30,at 15:00, Japan’s machine tool orders; at 16:00, Germany’s trade balance; at 17:00, remarks by German Bundesbank President Nagel; at 18:00, remarks by Bank of Japan Governor Ueda; at 20:00, the U.S. NFIB Small Business Optimism Index;at 24:00: U.S. JOLTS Job Openings and U.S. Leading Economic Index; at 27:00: U.S. 10-Year Treasury Auction; and at 28:10: Remarks by RBNZ Governor Breman. We will be watching for further upside potential in GBP/JPY, which has hit a new high for the year.

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 USD (e.g., 110,000 USD, 115,000 USD, etc.). Notifications for the same exchange rate are reset after 3 days (72 hours).

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 an hour (sharp rise or sharp drop). After that, notifications for sudden price fluctuations under the same conditions will be paused for 4 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 4 hours.

Return to Notification Settings