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July 18, 2025

Chart USD/CAD Update: Potential for a test below 1.3700
Freemium Article

July 18, 2025 3:20 PM UTC

The anticipated test above 1.3750 has been pushed back from 1.3775

FX Weekly Strategy: July 21st-25th
Paying Article

July 18, 2025 3:13 PM UTC

Little data of note with PMIs the main focus
EUR/USD can hold above recent lows if Eurozone PMI shows another modest gain
Long trend higher in EUR/JPY looks excessive and suggests downside risks
NOK has potential to extend Friday’s recovery versus EUR and SEK

Chart AUD/USD Update: Bounce back into range
Paying Article

July 18, 2025 1:46 PM UTC

The test of congestion support at 0.6450 has given way to a bounce

Chart EUR/JPY Update: Balanced beneath 2025 year highs
Paying Article

July 18, 2025 1:32 PM UTC

The anticipated test lower has not been seen

Chart USD/JPY Update: Cautious trade - potential for a minor test lower
Paying Article

July 18, 2025 1:03 PM UTC

Little change, as prices extend cautious trade around 148.50

USD flows: Recovery in housing starts of limited significance
Paying Article

July 18, 2025 12:41 PM UTC

USD may stabilise after data after softening through the European morning

Chart USD/ZAR Update: Leaning lower
Paying Article

July 18, 2025 11:20 AM UTC

Cautious trade has given way to a drop to congestion support at 17.7000

Chart EUR/CAD Update: Gains to remain limited
Paying Article

July 18, 2025 10:32 AM UTC

Cautious trade is giving way to a drift higher

Europe Summary and Highlights 18 July
Paying Article

July 18, 2025 10:15 AM UTC

Riskier currencies were generally firmer through a quiet European morning.

This week's five highlights
Freemium Article

July 18, 2025 10:00 AM UTC

Trump’s Tariffs and Markets
This Week's Fed Speakers
And Slate of U.S. Data Showing Limited Tariff pass-through 
China: GDP Resilient in Q2
UK Services Inflation Fails to Fall Further

Chart EUR/CHF Update: Drifting higher
Paying Article

July 18, 2025 9:59 AM UTC

Choppy trade is giving way to the anticipated drift higher

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Trump’s and Fed Easing
Freemium Article

July 18, 2025 9:34 AM UTC

•    Trump goal of substantially lower short-term rates could be achieved with a recession, but otherwise is unlikely even when Fed chair Powell is replaced.  The majority of voting FOMC members will make decisions based on economics not politics.  However, Trump fixation with lower rates an

FX Daily Strategy: N America, July 18th
Paying Article

July 18, 2025 9:17 AM UTC

What the Tariff Man Will be Up To
National CPI May Move BoJ
USD/JPY Northbound
U.S. June Housing Starts and Permits Start to correct higher

Chart USD/CHF Update: Cautious trade
Paying Article

July 18, 2025 8:16 AM UTC

Cautious trade is giving way to a drift lower

Chart USD Index DXY Update: Cautious trade - background studies improving
Paying Article

July 18, 2025 8:07 AM UTC

Cautious trade beneath resistance at 99.00 and the 99.15 Fibonacci retracement has given way to a minor pullback

Chart EUR/GBP Update: Choppy trade
Paying Article

July 18, 2025 7:58 AM UTC

The anticipated break below congestion support at 0.8650 has bounced from 0.8635

Chart EUR/USD Update: Consolidating above 1.1600 - background studies under pressure
Paying Article

July 18, 2025 7:40 AM UTC

Still little change

Chart GBP/JPY Update: Back to pressure 199.80 high
Paying Article

July 18, 2025 7:28 AM UTC

Bounce at the 198.00 support see pressure returning to the upside to retest the 199.80 high

Chart GBP/USD Update: Limited tests higher - background under pressure
Freemium Article

July 18, 2025 7:22 AM UTC

Choppy trade within support at the 1.3370 monthly low of 23 June and congestion around 1.3400 is giving way to a minor bounce

Chart AUD/JPY Update: Lower in consolidation from 97.40 high
Paying Article

July 18, 2025 7:13 AM UTC

Settled back from the 97.40 high as prices consolidate gains from the 94.00, July low

USD, JPY, EUR flows: JPY weakness continues as US data stays solid
Paying Article

July 18, 2025 6:46 AM UTC

JPY stays weak as equities hit new highs 

Chart AUD/NZD Update: Under pressure, extending pullback from 1.0990 high
Paying Article

July 18, 2025 6:33 AM UTC

Extending rejection from the 1.0990 mid-week as prices unwind the overbought intraday and daily studies

Chart USD/INR Update: Extending July gains
Paying Article

July 18, 2025 5:25 AM UTC

Consolidation below the 86.0000/86.1025 resistance has given way to break to further retrace the June/July losses

Asia Summary and Highlights 18 Jul
Paying Article

July 18, 2025 4:50 AM UTC

Japan June CPI elevated

FX Daily Strategy: Europe, July 18th
Paying Article

July 18, 2025 4:34 AM UTC

What the Tariff Man Will be Up To
National CPI May Move BoJ
USD/JPY Northbound
U.S. June Housing Starts and Permits Start to correct higher