FX Quant Insight: G10 range bound, bullish AUDJPY

Research evidence excerpt

FX Quant Insight: G10 range bound, bullish AUDJPY

Technical Matrix

The Technical Matrix is a table of technical indicators (Get to know even more technical

strategy, 24 Jan ‘22) and BofA positioning analysis (FX Quant Insight primer – 2025, 1

Apr ‘25) that look at trend following and reversal signals. To learn more about a variety

of technical strategies, please see Technicals Explained primer, as well as our

Quantifying Technicals publications for the ADX and Bollinger indicators.

Exhibit 5: Conflicting signals across USD and EUR blocks indicates that G10 will remain range bound near term

Technical matrix with positioning analysis and key levels to watch

Take-profit

Spot Positioning Trend Bullish / Bearish ADX Trend Bollinger Bands Next Support Next Resistance Trigger Level Level

EURUSD 1.1771 ↑ Bullish Transition None 1.1710 1.1919 1.1707 1.2214

USDJPY 157.12 ↔ No Signal Downtrend None 154.37 157.36

GBPUSD 1.3605 ↑ No Signal Transition None 1.3540 1.3789 1.3455 1.4013

AUDUSD 0.7237 ↑ Slightly Bearish Range None 0.7158 0.7278 0.7025 0.7441

USD USDCHF 0.7786 ↓ No Signal Transition None 0.7605 0.7829 0.7862 0.7449

USDCAD 1.3672 ↓ No Signal Transition None 1.3482 1.3719 1.3732 1.3352

NZDUSD 0.5947 ↑ No Signal Range None 0.5914 0.6120 0.5862 0.6134

USDSEK 9.2392 ↓ No Signal Range None 9.1795 9.2918 9.2401 8.7033

USDNOK 9.2136 ↓ No Signal Transition None 9.1782 9.5162 9.5969 8.9289

EURGBP 0.8652 ↓ Slightly Bullish Transition None 0.8611 0.8671 0.8681 0.8515

EURJPY 184.95 ↑ No Signal Downtrend None 184.92 187.95 184.82 194.20

EURAUD 1.6265 ↓ Bearish Range None 1.6129 1.6454 1.6641 1.5793

EURCHF 0.9165 ↓ Bearish Range None 0.9163 0.9180 0.9183 0.8977

EUR

EURCAD 1.6093 ↔ No Signal Transition None 1.6063 1.6094

EURNZD 1.9795 ↓ Bearish Range None 1.9746 1.9888 1.9906 1.9425