Continuum Economics

October 23, 2026

EUR/USD, USD/JPY, EUR/GBP flows - CPI, retail sales, Moody's

October 23, 2026 7:10 AM UTC

Quiet session. Japan CPI confirmed as nudging through target
GBP off a fraction out of soft retail sales data, choppy data but some slowdown hinted
Moody's France review after the close, further front running seen yesterday

Weekly Chart USD/JPY Update: Retracing the September rally

October 23, 2026 7:10 AM UTC

Consolidation within the 158.50/157.00 area has given way to sharp losses to retest support at the 156.50/156.00 area

Chart AUD/NZD Update: Consolidating above 1.2270 low

October 23, 2026 6:35 AM UTC

Little change, as prices extend consolidation above 1.2315 support following bounce from the 1.2270 low

Chart USD/IDR Updates: Still limited above the 18000 level

October 23, 2026 4:54 AM UTC

Back above the 18000 level has seen gains to reach 18050 intraday high

Chart USD/CNH Update: Leaning lower

October 23, 2026 3:04 AM UTC

Pressure remains on the downside but bearish momentum slows as prices extend deep into oversold areas on intraday and daily chart

Chart USD/MYR Update: Extend consolidation above 4.0750 support

October 23, 2026 2:52 AM UTC

Little change, as prices extend consolidation above support at the 4.0750 congestion

Chart USD/SGD Update: Consolidating, room for lower later

October 23, 2026 2:05 AM UTC

Little change, as prices holds steady above the 1.2750 congestion to consolidate sharp losses from the 1.2872 high of last week

Chart GBP/USD Update: Pressuring the 1.3400 level

October 23, 2026 1:54 AM UTC

Still limited above the 1.3400 level but pressure remains on the upside

Chart EUR/USD Update: Consolidating below 1.1275 resistance

October 23, 2026 1:47 AM UTC

Little change, as prices extend consolidation below the 1.1275 resistance

Chart EUR/JPY Update: Extension to fresh year low at 175.42/30 support

October 23, 2026 1:19 AM UTC

Consolidation below the 178.00 level has given way to sharp break lower through the 177.00 congestion and 176.20, 5 October low

Chart USD/JPY Update: Retest 156.50/156.00 support

October 23, 2026 12:56 AM UTC

Choppy trade around the 158.00 level has given way to break of the 157.50 support to see sharp drop to retest the 156.50/.156.00

Chart NZD/USD Update: Consolidating at .5710 high, room for higher later

October 23, 2026 12:39 AM UTC

No follow-through on break above the .5700 level as prices settled back to unwind overbought intraday studies

Chart AUD/USD Update: Consolidating

October 23, 2026 12:24 AM UTC

Settled back from the .7036 high as prices consolidate strong gains from the .6900 double bottom and unwind overbought intraday studies

October 22, 2026

Chart USD/BRL Update: Choppy trade - background under pressure

October 22, 2026 4:08 PM UTC

The anticipated minor retest higher has extended to reach 5.1000

Chart USD/CAD Update: Consolidating test of 1.4015 Fibonacci retracement - studies under pressure

October 22, 2026 3:47 PM UTC

Consolidation has given way to a test of support at the 1.4015 Fibonacci retracement

Chart AUD/USD Update: Consolidating gains

October 22, 2026 1:46 PM UTC

The run to 0.7035 is giving way to profit-taking

Chart EUR/JPY Update: Fresh year lows in JPY-dominant trade

October 22, 2026 1:24 PM UTC

Cautious trade has given way to anticipated losses

Taking stock of France relative performance and degrees of 'contagion'

October 22, 2026 1:04 PM UTC

Ranking outright spreads and 3mth changes shows where credit leakage pressure is being felt to date

Chart USD/JPY Update: Lower in JPY-dominant trade

October 22, 2026 1:02 PM UTC

Cautious trade around 158.00 has given way to anticipated losses in JPY-dominant trade

Chart NOK/SEK Update: Consolidation giving way to fresh year highs

October 22, 2026 11:27 AM UTC

Cautious trade above support at 1.0500 has given way to a fresh break higher

Chart EUR/CHF Update: Pressuring strong support - background studies falling

October 22, 2026 10:17 AM UTC

Anticipated selling interest has reached strong support at the 0.9190 Fibonacci retracement and congestion around 0.9200

Europe Summary and Highlights 22 Oct

October 22, 2026 10:00 AM UTC

JPY and CHF finding traditional risk-negative bids, as dollar positioning and tech exposure drag there
New France wides and further ripple out to likes of Belgium
Oil continues higher, concerns over US plans post midterm

Iran Country Risk Rating

October 22, 2026 10:00 AM UTC

Overall risk in Iran remains at a very-high rating.

FX Daily Strategy: N America, Oct 22

October 22, 2026 9:04 AM UTC

Positioning and oversold conditions obstructing euro follow through traction; downside focus switching to options protection
AUD lifted by short-covering and momentum swing towards a Nov hike pricing
JPY and CHF winning the haven battle
Focus remains news driven rather than calendar-centric

EUR/CHF, EUR/JPY flows - new France wides, Belgium >100, old-school JPY and CHF bids

October 22, 2026 8:39 AM UTC

CHF and JPY back in their 'traditional' safe haven roles
New France wides ahead of Moody's and Belgium widening