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Forex market overview
28 currency pairs measured · updated 02 November 2026, 12:04 UTC
What the segment is doing
Across the 28 currency pairs covered, 75% are in a measured downtrend (21 of 28). Weakness is broad rather than isolated.
43% of the segment trades above its 200-period moving average — a mixed longer-term structure with no clear regime.
The average 14-period RSI stands at 45.3 — neutral momentum, with 1 reading overbought and 5 oversold.
The widest session gap runs from Euro / Japanese Yen at +0.11% to Canadian Dollar / Swiss Franc at -0.12%, a spread of 0.23 percentage points between the strongest and weakest instrument.
14 instruments show a Bollinger-inside-Keltner squeeze, including Euro / Swiss Franc, New Zealand Dollar / Swiss Franc, Canadian Dollar / Swiss Franc. A squeeze precedes an expansion in range without indicating its direction.
Currency pairs move on relative monetary policy and macro releases, so breadth across the pairs of one currency often says more than any single pair.
Measured aggregates
- Instruments covered
- 28
- In an uptrend
- 7 (25%)
- In a downtrend
- 21 (75%)
- Average RSI (14)
- 45.3
- Above the 200-period MA
- 12 of 28 (43%)
- Above the 50-period MA
- 8 of 28 (29%)
- Volatility squeezes
- 14
- Overbought / oversold
- 1 / 5
Session leaders and laggards
Strongest on the session
- Euro / Japanese Yen EURJPY=X +0.11%
- New Zealand Dollar / Japanese Yen NZDJPY=X +0.07%
- Australian Dollar / Japanese Yen AUDJPY=X +0.07%
- British Pound / Japanese Yen GBPJPY=X +0.06%
- Euro / US Dollar EURUSD=X +0.03%
- Swiss Franc / Japanese Yen CHFJPY=X +0.02%
- Euro / British Pound EURGBP=X +0.02%
- Euro / Swiss Franc EURCHF=X +0.01%
Weakest on the session
- Canadian Dollar / Swiss Franc CADCHF=X -0.12%
- Australian Dollar / Swiss Franc AUDCHF=X -0.08%
- Euro / New Zealand Dollar EURNZD=X -0.04%
- British Pound / Swiss Franc GBPCHF=X -0.03%
- British Pound / US Dollar GBPUSD=X -0.01%
- Euro / Australian Dollar EURAUD=X -0.01%
Momentum extremes
RSI at or above 70
RSI at or below 30
Compression and participation
Volatility squeeze in place
- Euro / Swiss Franc EURCHF=X downtrend
- New Zealand Dollar / Swiss Franc NZDCHF=X downtrend
- Canadian Dollar / Swiss Franc CADCHF=X downtrend
- Australian Dollar / Swiss Franc AUDCHF=X downtrend
- British Pound / New Zealand Dollar GBPNZD=X uptrend
- Euro / New Zealand Dollar EURNZD=X downtrend
- New Zealand Dollar / Japanese Yen NZDJPY=X downtrend
- Australian Dollar / Japanese Yen AUDJPY=X downtrend
Scheduled events in view
- PPI q/q — Australian Dollar / New Zealand Dollar
- German Prelim GDP q/q — Euro / Swiss Franc
- KOF Economic Barometer — New Zealand Dollar / Swiss Franc
- GDP m/m — New Zealand Dollar / Canadian Dollar
- Nationwide HPI m/m — British Pound / New Zealand Dollar
- BOJ Press Conference — New Zealand Dollar / Japanese Yen
A scheduled release can override any measured signal. The macro event radar tracks what is due and when.