FX Daily Strategy: Asia, Oct 22

October 21, 2026 2:35 PM 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
Focus remains news driven rather than calendar-centric 

FX Weekly Strategy: Asia, 19-23 October

October 16, 2026 2:43 PM UTC

US bonds and USD became overstretched, looking to rebalance n/t
Quiet week though event risks coming onto the horizon
Big picture cross-asset themes across bonds-equities-dollar relationships remain a background focus

Chart EUR/JPY Update: Smart bounce from fresh year lows

November 2, 2026 2:34 PM UTC

Cautious trade around support at the 175.30 Fibonacci retracement has given way to a test lower

Chart USD/JPY Update: Choppy in range

November 2, 2026 2:22 PM UTC

The test of congestion support at 157.00 has given way to a steady bounce in JPY-driven trade

Chart EUR/CHF Update: Under pressure in CHF-driven trade

November 2, 2026 11:23 AM UTC

Little change, as prices extend pressure on support within 0.9190/00 in CHF-driven trade

Europe Summary and Highlights 2 Nov

November 2, 2026 11:05 AM UTC

Another bounce-Monday, some corrective action early week, not quite yet a squeeze
Oil off sharply on reports of talks, highlighting NOK's exposure to such less-factored-in scenarios

FX Weekly Strategy: N America, Nov 2-6

November 2, 2026 10:03 AM UTC

Pressure on tech, leading to choppy action, but overall weight on dollar; JPY and CHF benefit. Attempted early week bounce but so far only to re-test the break
BoE hike seen as more of a one off and possible one-and-done.
US election a wild card, though no settled view on impact. At margin, some scena

Chart USD/CHF Update: Choppy trade to turn lower

November 2, 2026 9:42 AM UTC

Choppy trade above congestion support at 0.8200 has given way to a bounce to congestion resistance at 0.8250

Chart EUR/GBP Update: Bouncing from fresh year lows

November 2, 2026 9:31 AM UTC

The break below support at 0.8333, (GBP/EUR 1.2000), has posted a fresh year low at 0.8322

IMM Commitment of Traders Reports - opinionated positioning in aussie-yen and France

November 2, 2026 9:25 AM UTC

IMM data largely confirms prior week's major features remain intact, overall dollar remains near the highs
AUD and NZD shorts maintain 2.5stdev+ extremes, aussie nudges new all-time peak
Mkt extends 'retro alt haven' JPY longs, now quite large by recent standards; CHF shorts still hang in there
Little

Chart USD Index DXY Update: Under pressure

November 2, 2026 9:01 AM UTC

Choppy trade around congestion resistance has given way to anticipated losses

Chart EUR/USD Update: Room for higher in the coming sessions

November 2, 2026 8:39 AM UTC

Consolidation around resistance at 1.1200 has given way to a pullback to congestion support at 1.1150

Chart GBP/USD Update: Pressuring resistance - studies improving

November 2, 2026 8:24 AM UTC

Little change, as prices extend cautious/choppy trade around resistance at congestion around 1.3400 and the 1.3450 Fibonacci retracement

EUR/USD, USD/JPY, NOK flows - tech and oil still dominate mood

November 2, 2026 7:49 AM UTC

Nasdaq bounces, but so far only to re-test range break lower, Apple next up
Iran talks see oil ease, NOK with it

Chart USD/PHP Updates: Room for deeper pullback from 64.180, all-time high

November 2, 2026 6:35 AM UTC

Reached fresh all-time high at 64.180 last week before settling back to consolidate strong gains from the 62.270, September swing low

Chart AUD/NZD Update: Settled back from 1.2600, fresh year high

November 2, 2026 5:47 AM UTC

 Consolidating around the 1.2500 level following pullback from the 1.2600, 28 October fresh year high

FX Weekly Strategy: Europe, Nov 2-6

November 2, 2026 5:00 AM UTC

Pressure on tech, leading to choppy action, but overall weight on dollar; JPY and CHF benefit
BoE hike seen as more of a one off and possible one-and-done.
US election a wild card, though no settled view on impact. At margin, some scenarios would add to risk-off mood

Chart USD/IDR Updates: Poised just below 18183 all-time high

November 2, 2026 4:59 AM UTC

Settled back from the 18183 all-time high as prices consolidate strong gains from the 17500 September low

Chart USD/CNH Update: Extending losses

November 2, 2026 3:13 AM UTC

Prices remains under pressure with losses reaching fresh year low at 6.6495 low on Friday

Chart USD/MYR Update: Extending bounce from 4.0450 support

November 2, 2026 3:03 AM UTC

Extending bounce from test of the 4.0450 support as prices consolidate sharp losses from the 4.0885 high of last week

Chart USD/SGD Update: Room for lower from 1.2837 high

November 2, 2026 2:31 AM UTC

Leaning lower following rejection from the 1.2837 high of last week to turn focus to support at the 1.2762/50 area

Chart GBP/USD Update: Consolidating, room for higher later

November 2, 2026 1:35 AM UTC

No follow-through on break above the 1.3400 level as prices consolidate strong bounce from the 1.3273 support