28 October 2025
EUR
Support / Resistance
vs USD 1.1546 / 1.1734 ➡
EUR gained against USD yesterday as caution ahead of the ECB kept euro-area rates steady. Softer dollar into Fed week and constructive European data allowed the currency to edge higher. EURUSD rose 0.15% yesterday while EURHKD ended at 9.04 level.
GBP
Support / Resistance
vs USD 1.3230 / 1.3456 ⬇
GBP appreciated against the US dollar yesterday, trimming recent declines with broader USD softness and steady gilt yields. Attention turned to upcoming BoE prints and guidance. GBPUSD rose 0.19% yesterday while GBPHKD ended at 10.36 level.
AUD
vs USD 0.6459 / 0.6633 ⬆
Support / Resistance
AUD advanced against the U.S. dollar yesterday, buoyed by improving risk tone on signs of progress in US-China talks and attention on Australia’s CPI due tomorrow. Steady RBA guidance also reinforced gains. AUDUSD rose 0.66% yesterday while AUDHKD ended at 5.09 level.
NZD
Support / Resistance
vs USD 0.5698 / 0.5823 ➡
NZD appreciated against USD yesterday as improved risk appetite from US–China detente headlines lifted high-beta FX. With a light local calendar, positioning reflected external drivers and ongoing debate over RBNZ’s near-term stance. NZDUSD rose 0.33% yesterday while NZDHKD ended at 4.48 level.
CAD
Support / Resistance
vs USD 1.3920 / 1.4069 ➡
CAD rose against the U.S. dollar yesterday despite crude eased and pre-BoC caution tempered flows. Oil’s decline reduced support for commodity-linked currencies, but the decline in DXY supported the pair. USDCAD fell 0.04% yesterday while CADHKD ended at 5.55 level.
JPY
Support / Resistance
vs USD 150.40 / 154.31 ⬇
JPY weakened against the U.S. dollar yesterday as U.S.–Japan rate differentials persisted and markets looked to the BoJ’s decision. Yen is still on the defensive side despite improving global risk signals. USDJPY rose 0.01% yesterday while JPYHKD ended at 5.08 level.
Data source: Refinitiv, dated 28 October 2025 before 9:30 am
‘Support level’ is the level where the exchange rate tends to find support as it is going down i.e. market participants tend to see value at these levels and price is more likely to bounce up rather than go lower.
‘Resistance level’ is the level where it tends to find resistance as it is going up i.e. market participants tend to consider this as a ceiling and prevent prices from going up further.
We derive the support and resistance level using ‘Pivot Points’ which takes into account the high, low and close prices in the prior period of 15 days. *Please note that the indicative support and resistance level are given for general reference only. Customers should not rely on this information to buy or sell currency.
Relative Strength Index (RSI): Is a technical momentum indicator that compares the magnitude of recent gains to recent losses in an attempt to determine overbought and oversold conditions of an asset. The scale is 0 - 100 and typically overbought conditions are indicated by readings >70 and oversold conditions when <30.
Moving average: Is an indicator frequently used in technical analysis showing the average value of a currency’s price over a set period. Moving averages are generally used to measure momentum and define areas of possible support and resistance. Moving averages are used to emphasize the direction of a trend and to smooth out price and volume fluctuations, or ‘noise’, that can confuse interpretation.
Moving Average Convergence Divergence (MACD) : is a type of oscillator that can measure market momentum as well as follow or indicate the trend. The convention for the MACD analysis is to use an Exponential Moving Average (EMA). MACD consists of two lines, the MACD Line and the Signal Line. The MACD Line measures the difference between a short moving average and a long moving average. The Signal Line is a moving average of the MACD Line.
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