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 USD/INR Update: Consolidating, room to extend gains

July 22, 2026 5:28 AM UTC

Consolidating test of the 96.5000 high but pressure remains on the upside as prices extend strong gains from the June low

Asia Summary and Highlights 22 July

July 22, 2026 5:23 AM UTC

Japan June Import Boosted By Energy

Chart USD/IDR Updates: Weighing on 17900 support

July 22, 2026 4:58 AM UTC

Weighing on support at the 17900 congestion and scope seen for break here to extend losses from the 18126 high

USD/JPY flows: Very strong Import Undermines the JPY

July 22, 2026 4:55 AM UTC

Japan June Import Boosted By Energy

Chart USD/THB Update: Extending gains

July 22, 2026 4:47 AM UTC

Focus remains firmly on the upside and break above 33.77 see room for extension to target the 34.00, 76.4% Fibonacci level

Chart USD/KRW Update: Consolidating sharp losses

July 22, 2026 3:00 AM UTC

Edged up from the 1472.00 low as prices consolidate steep losses from resistance at the 1560.00 high

FX Daily Strategy: Europe, Jul 22

July 22, 2026 3:00 AM UTC

UK Fiscal Policy and the New Chancellor
DXY Cautious trade on Geopolitical Uncertainty
USD/JPY Still in Consolidation 

Chart USD/SGD Update: Consolidating

July 22, 2026 2:39 AM UTC

Turned up from the 1.2875 low as prices consolidate losses from the 1.2990 June current year high

Chart GBP/USD Update: Extending pullback from 1.3558 high

July 22, 2026 2:05 AM UTC

Under pressure as break of the 1.3400 level see prices extending pullback from the 1.3558 mid-July high

Chart EUR/USD Update: Under pressure

July 22, 2026 1:44 AM UTC

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

Chart EUR/JPY Update: Pressuring 186.00

July 22, 2026 1:32 AM UTC

Choppy trade from the 183.17 June low extending gains to pressure the 186.00 level

Chart USD/JPY Update: Room to extend gains

July 22, 2026 1:11 AM UTC

Break of the 3-week triangle pattern has seen follow-through the 162.84 high of 1 July high to reach fresh high at 163.24

Chart NZD/USD Update: Lower in consolidation

July 22, 2026 12:52 AM UTC

Settled back in consolidation below .5850 following rejection from the .5872 high as prices unwind overbought daily studies

Chart AUD/USD Update: Limited gains

July 22, 2026 12:29 AM UTC

Still pressuring the upside but gains kept in check at the .7000/20 congestion and Fibonacci level

Asia Open

July 21, 2026 10:51 PM UTC

Houthi blockade threat forces Saudi crude tankers to turn back

Chart USD/CAD Update: Further gains to remain limited

July 21, 2026 3:44 PM UTC

Cautious trade is giving way to fresh gains

FX Daily Strategy: Asia, Jul 22

July 21, 2026 3:00 PM UTC

UK Fiscal Policy and the New Chancellor
DXY Cautious trade on Geopolitical Uncertainty
USD/JPY Still in Consolidation 

Chart AUD/USD Update: Limited tests higher

July 21, 2026 1:45 PM UTC

Little change, as prices continue to test levels just above congestion resistance at 0.7000

Chart EUR/JPY Update: Cautious trade

July 21, 2026 1:38 PM UTC

Little change, as prices extend cautious trade within the 185.50 - 186.00 range