Daily FX Focus
17 April 2026
CNH
Support / Resistance
vs USD 6.7748 / 6.8970 ⬆
vs HKD 1.1344 / 1.1549
CNH softened yesterday as USD strength and firm oil prices weighed on Asia FX. Offshore yuan lagged other currencies, staying slightly weaker despite constructive risk appetite. USDCNH rose 0.07% yesterday while CNHHKD ended at 1.14 level.
EUR
Support / Resistance
vs USD 1.1541 / 1.1922 ⬆
vs HKD 9.0356 / 9.3301
EUR weakened against USD yesterday after testing a two-month high. Lower than expected U.S. jobless claims lifted Treasury yields, while Eurozone inflation gave limited support. EURUSD fell 0.15% yesterday while EURHKD ended at 9.21 level.
GBP
Support / Resistance
vs USD 1.3255 / 1.3693 ⬆
vs HKD 10.3780 / 10.7162
GBP declined against USD yesterday. February GDP beat forecasts but gains faded as the dollar index rebounded on strong labor data. GBPUSD fell 0.25% yesterday while GBPHKD ended at 10.58 level.
AUD
Support / Resistance
vs USD 0.6928 / 0.7294 ⬆
vs HKD 5.4237 / 5.7087
AUD fell against USD yesterday, surrendering part of its recent gains as the dollar rebounded. Expectations of RBA hike couldn’t offset the dollar rebound. AUDUSD fell 0.13% yesterday while AUDHKD ended at 5.60 level.
NZD
Support / Resistance
vs USD 0.5739 / 0.5982 ➡
vs HKD 4.4931 / 4.6812
NZD weakened against USD yesterday, slipping from this week’s highs as the dollar rebounded and pre-weekend caution outweighed risk appetite from firm equities and Iran ceasefire news. NZDUSD fell 0.36% yesterday while NZDHKD ended at 4.61 level.
CAD
Support / Resistance
vs USD 1.3609 / 1.3882 ⬆
vs HKD 5.6429 / 5.7444
CAD gained against USD yesterday as improved risk sentiment and firm crude prices supported the currency. Ceasefire talks in the Middle East encouraged demand for higher-beta FX. USDCAD fell 0.27% yesterday while CADHKD ended at 5.71 level.
JPY
Support / Resistance
vs USD 157.87 / 160.47 ⬇
vs HKD 4.8771 / 4.9562
JPY depreciated against USD yesterday, with USD/JPY edging higher as strong U.S. jobless claims highlighted the Fed-BoJ gap. Japan’s finance minister warned of possible intervention. USDJPY rose 0.11% yesterday while JPYHKD ended at 4.91 level.
CHF
Support / Resistance
vs USD 0.7735 / 0.7989 ➡
vs HKD 9.8014 / 10.1101
CHF weakened against USD yesterday as optimism over a possible U.S.–Iran truce reduced demand for the franc’s safe-haven qualities. SNB minutes stressed willingness to counter rapid appreciation. USDCHF rose 0.23% yesterday while CHFHKD ended at 9.98 level.
SGD
Support / Resistance
vs USD 1.2625 / 1.2875 ⬆
vs HKD 6.0769 / 6.1922
SGD softened against USD yesterday as the dollar rebounded and speculation about yen intervention supported U.S. assets. Singapore’s stable policy helped limit the move. USDSGD rose 0.13% yesterday while SGDHKD ended at 6.14 level.
*Current Trend observations pertain to historical trend technical analysis only and do not reflect any forward looking fundamental views. The signal is generated with both the 20-days moving average and the 50-days moving average.
⬆ Up Trend, indicates that the currency has been moving higher against the USD
➡ Consolidation, indicates that the currency's movement against the USD has remained sideways
⬇ Down Trend, indicates that the currency has been moving lower against the USD
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