Tactical Views

October 10, 2025

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

October 10, 2025 3:09 AM UTC

Extension above the 32.68 resistance has seen gains to reach 32.82 high

Chart USD/KRW Update: Settling back from the 1428.00 resistance

October 10, 2025 2:59 AM UTC

Settling back from test of strong resistance at the 1428.00 congestion as prices unwind the overbought daily studies

Chart USD/SGD Update: Consolidating test of 1.3000 level

October 10, 2025 2:41 AM UTC

Break of the 1.2950 resistance has seen gains to retest the 1.3000/10 August high

Chart GBP/USD Update: Consolidating at 1.3300 level

October 10, 2025 2:16 AM UTC

Consolidation at the 1.3400 level has given way to break to reach the 1.3295 low

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

October 10, 2025 1:56 AM UTC

Break of the 1.1600 support has seen extension to support at 1.1570/50, April high and congestion area

Chart EUR/JPY Update: Settled back from fresh year high

October 10, 2025 1:25 AM UTC

Extension to fresh year high to retest the 1991 year high at 177.90 has given way to pullback

Chart USD/JPY Update: Consolidating at the 153.00 level

October 10, 2025 1:03 AM UTC

Saw break above the 153.00 level to reach fresh high at 153.27 but bullish momentum slows as daily studies extend into overbought areas

USD/JPY flows: PPI Stays Above 2%

October 10, 2025 12:50 AM UTC

Japan September PPI +2.7% y/y

Chart NZD/USD Update: Still heavy

October 10, 2025 12:38 AM UTC

Pressure remains on the downside after choppy trade gave way to fresh selling pressure at the .5800 resistance

Chart AUD/USD Update: Weighing on .6550 support

October 10, 2025 12:21 AM UTC

Retest of the .6600/25 resistance met with fresh selling pressure to retest support at the .6550 congestion

Asia Open - Overnight Highlights

October 10, 2025 12:00 AM UTC

EMERGING ASIA
EM currencies are trading mostly weaker against the greenback as USD gained strongly on Israel-Hamas truce. The biggest losers are PHP 0.54%, followed by SGD 0.31%, THB 0.17%, CNY 0.11%, MYR 0.04% and HKD 0.01%; while the largest winners is CNH by 0.1%.
USD/CNH is trading lower at 7.1381

October 09, 2025

FX Daily Strategy: Asia, Oct 10

October 9, 2025 9:00 PM UTC

CAD risks on the downside on consensus Canadian employment report…
…but USD/CAD has only modest scope to break above 1.40
EUR/NOK remains range-bound near term, but NOK may yet be re-rated
Hard to find a trigger for near term reversal of JPY weakness

North American Summary and Highlights 9 Oct

October 9, 2025 7:08 PM UTC

Overview - With a brief dip in USD/JPY on Takaichi comments quickly reversed, the USD advanced across the board.

Chart USD/CAD Update: Extending June gains in USD- and CAD-driven trade

October 9, 2025 3:39 PM UTC

Cautious trade has given way to a sharp break higher in both USD- and CAD-driven trade

FX Daily Strategy: APAC, Oct 10

October 9, 2025 3:16 PM UTC

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

October 9, 2025 1:52 PM UTC

Consolidation has given way to a test above congestion resistance at 0.6600

Chart EUR/JPY Update: Balanced beneath fresh high - studies rising

October 9, 2025 1:45 PM UTC

The spike to a fresh year high around 177.90 has given way to a pullback

Chart USD/JPY Update: Balanced beneath fresh year high - studies rising

October 9, 2025 1:28 PM UTC

Little change, as prices extend consolidation following a spike to a fresh year high at 153.20~

Chart EUR/PLN Update: Consolidating - studies under pressure

October 9, 2025 11:56 AM UTC

Still little change, as prices extend consolidation above congestion support at 4.2500

Chart USD/ZAR Update: Fresh year low - studies under pressure

October 9, 2025 11:39 AM UTC

Cautious trade is giving way to a test lower

Chart EUR/CAD Update: Consolidating - studies under pressure

October 9, 2025 10:48 AM UTC

Little change, as mixed intraday studies keep near-term sentiment cautious

Chart EUR/CHF Update: Choppy above 0.9300 - studies under pressure

October 9, 2025 10:15 AM UTC

Still little change, as prices extend choppy trade above congestion support at 0.9300

Europe Summary and Highlights 9 October

October 9, 2025 10:15 AM UTC

There was little net change in any of the majors through the European morning.

Psychology for major markets Oct 09

October 9, 2025 10:11 AM UTC

JPY retains losses after the election of Takaichi as new LDP leader. EUR maintans softer tone since French PM resignation.

FX Daily Strategy: N America, Oct 9

October 9, 2025 8:56 AM UTC

Central bank speeches to get more attention in data free market
JPY remains under pressure despite weak rationale
Government or BoJ action may be needed to turn the trend
USD generally rangy but risks around equity markets remain