Consolidative trading continue as Dollar rises in general in Asian session together, followed by Swiss Franc. On the the other hand, Sterling is reversing some of this week's gains together with Aussie and Kiwi. News on coronavirus vaccines are unable to give investor sentiments further lift. Instead, concerns are growing on more new cases and restrictions globally. Nevertheless, overall, major pairs and crosses are bounded inside last week's range. Technically, Yen has advanced a bit with break of 123.18 minor support in EUR/JPY and 137.83 minor support in GBP/JPY. A focus would be on whether AUD/JPY would decisively break equivalent support at 75.47 to indicate completion of near term rebound from 73.13. Gold is also a focus as the fall after rejection by 4 hour 55 EMA is gathering some momentum. Break of 1848.39 would resume whole decline from 2075.18, which could be accompanied by strong rebound in Dollar, in particular against Euro. In Asia, Nikkei closed down -0.36%. Hong Kong HSI is up -0.49%. China Shanghai SSE is up 0.26%. Singapore Strait Times is down -0.19%.Japan 10-year JGB yield is down -0.0020 at 0.019. Overnight, DOW dropped -1.16%. S&P 500 dropped -1.16%. NASDAQ dropped -0.82%. 10-year yield rose 0.010 to 0.882. |