FX Weekly Strategy: APAC, May 18th-22nd

May 15, 2026 4:32 PM UTC

Dollar squeeze could continue near-term
Popular trades forced into some profit-taking
Stretched risk trades face potential increased volatility

U.S. Fed's Collins - Expects restrictive policy for some time

May 13, 2026 3:57 PM UTC

Fed's Collins appears to be getting more hawkish as the energy shock persists.

Chart GBP/USD Update: Leaning lower

June 4, 2026 7:30 AM UTC

Cautious trade has given way to the anticipated break below 1.3450

Chart AUD/NZD Update: Extend corrective gains

June 4, 2026 7:22 AM UTC

Bounce from the 1.1980 low has seen corrective gains above 1.2100 to reach 1.2165 high

EUR/CHF, EUR/USD, EUR/SEK flows: Mkt cautious on Iran positives; CPI prints

June 4, 2026 6:44 AM UTC

Israel and Lebanon agree to implement ceasefire, whipsawed mkt wary
Swedish CPI slightly above mkt; SEK also circumspect
Minor blip for CHF - CPI weak again and SNB has been more vocal on readiness against CHF strength 

Chart USD/CNH Update: Consolidating

June 4, 2026 6:28 AM UTC

Turned up from fresh year low at 6.7580 as prices consolidate recent losses and unwind oversold daily studies

Asia Summary and Highlights 4 June

June 4, 2026 6:03 AM UTC

Major equity indexes perform individually
Israel and Lebanon agreed to implement a ceasefire and establish security zones

Chart USD/IDR Updates: Fresh historic high above 18000

June 4, 2026 5:54 AM UTC

Still no let up in the bullish momentum as prices extend parabolic gains from the 16705 January

AUD/USD flows: Risk undecided

June 4, 2026 5:52 AM UTC

Major equity indexes perform individually

FX Daily Strategy: Europe, Jun 4th

June 4, 2026 5:23 AM UTC

Tight ranges hold, though mood skewing more defensive
USD/JPY dancing on the edge of 160, bracing for a test above. Greater scope for intraday noise and spoofing
Swiss and Swedish CPI. Otherwise focus turning to US payrolls, mkt bias to upside

Chart USD/INR Update: Capped at 95.7925/96.0000 resistance

June 4, 2026 5:14 AM UTC

Settled back in consolidation from test of strong resistance at the 95.7925/96.0000, 27 May high and congestion area

USD/JPY flows: Israel-Lebanon Ceasefire

June 4, 2026 4:10 AM UTC

Israel and Lebanon agreed to implement a ceasefire and establish security zones

Chart USD/MYR Update: Extending May gains

June 4, 2026 3:21 AM UTC

Consolidation below 3.9800 May high has given way to break to extend gains from the 3.9070 low

Chart USD/THB Update: Consolidating test of 32.80/85 resistance

June 4, 2026 2:52 AM UTC

Little change, as prices consolidate test of resistance at the 32.80/85 area

Chart USD/KRW Update: Consolidating retest of 1537.00 YTD high

June 4, 2026 2:41 AM UTC

Break above the 1520.00 May high has seen gains to tag the 1537.00 March current year high and channel resistance from the June low

Chart USD/SGD Update: Room to extend gains

June 4, 2026 2:21 AM UTC

Break above the 1.2800 level has seen rally to retest resistance at the 1.2836 high and 200-day MA

Chart GBP/USD Update: Lower in consolidation

June 4, 2026 1:54 AM UTC

Lower in consolidation within the 1.3500/1.3400 area following rejection from the 1.3500/1.3485 highs

Chart EUR/USD Update: Lower to pressure 1.1600/1.1575 support

June 4, 2026 1:40 AM UTC

 Lower in consolidation following rejection from resistance at the 1.1655/80 area to pressure the 1.1600 level

Chart EUR/JPY Update: Lower in consolidation from test of 186.00/23

June 4, 2026 1:13 AM UTC

Settled back from test of strong resistance at the 186.00/23 congestion and 20 April low as prices unwind overbought daily studies

Chart USD/JPY Update: Room for further test above 160.00

June 4, 2026 1:02 AM UTC

Probes above the 160.00 figure to reach 160.09 high has given way to consolidation

Chart NZD/USD Update: Under pressure

June 4, 2026 12:40 AM UTC

Sharply lower through the .5930/00 support as prices extend rejection from the .5990 resistance

Chart AUD/USD Update: Leaning lower in consolidation

June 4, 2026 12:23 AM UTC

Leaning lower in consolidation below the .7200 resistance and scope seen for retest of the .7100 level