FX Daily Strategy: Asia, Jul 21

July 20, 2026 3:00 PM UTC

Iran/U.S. Escalating 
USD/JPY Coiled below 162.70/84 highs

Chart USD/INR Update: Extending gains

July 16, 2026 5:28 AM UTC

Break above 96.0000/96.3000 area see prices extending gains from the 94.1500 June low

U.S. June NFIB survey - Bounce may be dated, prices strong

July 14, 2026 11:57 AM UTC

June’s NFIB survey of Small Business Optimism shows the optimism index at its highest since February at 97.4 from 95.3, a reading that was the lowest since October 2024 just before a sharp post-election bounce.

U.S. June ADP Employment - Slightly slower, far from weak

July 1, 2026 12:37 PM UTC

June’s ADP’s estimate of private sector employment of 98k is on the weak side of expectations and similarly below consensus forecasts for private sector payrolls tomorrow. It is possible that payrolls could outperform ADP data if payrolls capture more temporary jobs created by the World Cup. Our

FX Daily Strategy: Asia, Jun 26th

June 25, 2026 3:00 PM UTC

U.S. May Advance Goods Trade Balance 
Tokyo CPI TO Stay Low
USD/JPY Extend consolidation beneath 161.95 

Chart GBP/USD Update: Choppy trade - studies under pressure

June 22, 2026 7:31 AM UTC

The opening gap below 1.3200 has given way to a bounce

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

July 21, 2026 2:22 AM UTC

Little change, as prices extend consolidation within the 1.2900/30 range

Chart GBP/USD Update: Consolidating above 1.3400

July 21, 2026 1:55 AM UTC

Lower in consolidation from the 1.3558 high as prices retrace strong gains from the 1.3442 low of last week

Chart EUR/USD Update: Weighing on 1.1410/00 support

July 21, 2026 1:25 AM UTC

Under pressure, as prices extend pullback from the 1.1482 high of last week to reach support at the 1.1410/00 area

Chart EUR/JPY Update: Lower in consolidating from 186.00

July 21, 2026 1:13 AM UTC

 Little change, as prices settled back in consolidation from test of the 186.00 level

Chart USD/JPY Update: Extend consolidation below 162.70/84 highs

July 21, 2026 1:06 AM UTC

Little change, but pressure remains firmly on the upside above the 162.00 level

Chart NZD/USD Update: Room to extend gains

July 21, 2026 12:46 AM UTC

Pressure remains on resistance at the .5850/63 area as prices looks to extend strong gains from the .5625 June low

Chart AUD/USD Update: Back to pressure .7000/20 resistance

July 21, 2026 12:28 AM UTC

Edged higher in consolidation above .6950 but prices remain unable to sustain probes above the .7000 level

Chart USD/CAD Update: Corrective gains to remain limited

July 20, 2026 3:52 PM UTC

Consolidation above support at 1.4000 is giving way to a bounce

Europe Summary and Highlights 20 Jul

July 20, 2026 3:16 PM UTC

Afternoon trading saw the USD gain further ground, as reports that the Houthis would block Saudi exports through the Red Sea caused further tensions and helped oil and the USD.

Chart AUD/USD Update: Gains to remain limited

July 20, 2026 1:55 PM UTC

Cautious trade is giving way to steady gains

Chart EUR/JPY Update: Leaning lower

July 20, 2026 1:30 PM UTC

Cautious trade is giving way to a drift lower

Chart USD/JPY Update: Range extension

July 20, 2026 1:07 PM UTC

Little change, as mixed intraday studies keep near-term sentiment cautious and prompt further consolidation within the 162.00 - 162.50 range

Chart EUR/PLN Update: Consolidating test of the 4.3450 Fibonacci retracement

July 20, 2026 12:10 PM UTC

Prices have extended February 2025 gains to reach strong resistance at the 4.3450 Fibonacci retracement and congestion around 4.3500

Chart USD/ZAR Update: Consolidating gains - studies rising

July 20, 2026 11:56 AM UTC

The break above 16.4000 has met selling interest just beneath congestion resistance at 16.6000

Chart EUR/CAD Update: Pressuring 1.6000/20 - studies under pressure

July 20, 2026 11:26 AM UTC

Steady selling interest has reached support within congestion around 1.6000 and the 1.6020 Fibonacci retracement

Chart EUR/CHF Update: Cautious trade

July 20, 2026 11:19 AM UTC

Little change, as prices extend cautious trade above congestion support at 0.9230