Core Viewpoint - The Australian dollar against the Japanese yen continues to decline due to rising risk aversion, which strengthens the yen as a traditional safe-haven currency, while concerns over potential new tariffs from the U.S. on Europe put pressure on the Australian dollar [1] Group 1: Market Sentiment and Economic Indicators - The market is increasingly worried about the U.S. potentially imposing new tariffs on Europe, which could escalate into broader trade tensions, thereby increasing demand for the yen and pressuring the riskier Australian dollar [1] - Investors are focusing on upcoming Australian employment data, with expectations of job growth but a slight increase in the unemployment rate. Stronger-than-expected data could alleviate concerns about an economic slowdown in Australia, potentially limiting the downside for the Australian dollar [1] Group 2: Technical Analysis - The Australian dollar against the Japanese yen shows a clear downtrend, consistently trading below short-term moving averages, indicating a dominant bearish sentiment. Momentum indicators are overall negative, with no clear reversal signals present [1] - If selling pressure continues, the exchange rate may approach key support levels. Conversely, if the price finds support and rebounds, it will face resistance from short-term moving averages. A breakthrough of this dynamic resistance could ease short-term downward pressure and open up space for further rebounds [1]
风险情绪恶化 澳元兑日元避险买盘成推手
Jin Tou Wang·2026-01-21 13:20