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Daily FX Focus

3 March 2026

CNH

Support / Resistance

vs USD 6.8439 / 6.9380 ⬆

vs HKD 1.1264 / 1.1427

CNH lost ground against the USD yesterday as dollar strength and Middle East tensions weighed, while China’s energy-import exposure and a risk reserve cut limited yuan support. USDCNH rose 0.56% yesterday while CNHHKD ended at 1.13 level.

EUR

Support / Resistance

vs USD 1.1596 / 1.1852 ⬇

vs HKD 9.0725 / 9.2669

EUR softened against the USD yesterday as weak German retail sales and Middle East tensions boosted the greenback, while the ECB’s cautious stance offered only modest support. EURUSD fell 1.05% yesterday while EURHKD ended at 9.14 level.

GBP

Support / Resistance

vs USD 1.3241 / 1.3641 ⬇

vs HKD 10.3577 / 10.6640

GBP fell against the USD yesterday as Middle East tensions lifted the dollar and hurt risk appetite, while the Bank of England outlook kept the pound under pressure. GBPUSD fell 0.56% yesterday while GBPHKD ended at 10.48 level.

AUD

Support / Resistance

vs USD 0.7020 / 0.7154 ⬆

vs HKD 5.4899 / 5.5964

AUD fell against the USD yesterday with risk-off sentiment from US–Iran tensions, overshadowing support from higher oil prices and expectations for resilient Australian data. AUDUSD fell 0.35% yesterday while AUDHKD ended at 5.55 level.

NZD

Support / Resistance

vs USD 0.5878 / 0.6038 ➡

vs HKD 4.5986 / 4.7209

NZD weakened against the USD yesterday as safe-haven flows after US–Israel strikes on Iran hit risk currencies, despite firm commodity prices and steady RBNZ policy expectations. NZDUSD fell 0.95% yesterday while NZDHKD ended at 4.64 level.

CAD

Support / Resistance

vs USD 1.3543 / 1.3766 ➡

vs HKD 5.6803 / 5.7722

CAD slipped against the USD yesterday as safe-haven demand for the dollar rose on US–Iran conflict, though higher crude prices after Hormuz threats helped limit losses. USDCAD rose 0.26% yesterday while CADHKD ended at 5.71 level.

JPY

Support / Resistance

vs USD 153.81 / 159.31 ⬇

vs HKD 4.9070 / 5.0820

JPY declined against the USD yesterday as war-driven risk aversion boosted the dollar, overshadowing yen’s safe-haven appeal, while US–Japan rate gap and BoJ comments pressured the currency. USDJPY rose 0.86% yesterday while JPYHKD ended at 4.96 level.

CHF

Support / Resistance

vs USD 0.7686 / 0.7853 ➡

vs HKD 9.9540 / 10.1620

CHF weakened against the USD yesterday as war uncertainty boosted dollar demand, while Swiss officials’ comments on possible intervention curbed franc buying. USDCHF rose 1.29% yesterday while CHFHKD ended at 10.03 level.

SGD

Support / Resistance

vs USD 1.2633 / 1.2796 ➡

vs HKD 6.1116 / 6.1859

5.7429 / 5.8262

SGD softened against the USD yesterday as regional markets slid on Middle East war headlines and higher oil prices, overshadowing better Singapore PMI and boosting dollar demand. USDSGD rose 0.70% 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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