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For the 24 hours to 23:00 GMT, the USD rose 0.11% against the JPY and closed at 112.22 on Friday.

In the Asian session, at GMT0300, the pair is trading at 112.11, with the USD trading 0.10% lower against the JPY from Friday's close.

Overnight data showed that Japan's final industrial production was downwardly revised by 0.2% on an annual basis in August, compare to a rise of 2.2% in the prior month. The preliminary figures had recorded a climb of 0.6%.

The pair is expected to find support at 111.83, and a fall through could take it to the next support level of 111.54. The pair is expected to find its first resistance at 112.45, and a rise through could take it to the next resistance level of 112.78.

The currency pair is showing convergence with its 20 Hr and 50 Hr moving averages.

For the 24 hours to 23:00 GMT, the USD rose 0.15% against the CHF and closed at 0.9913 on Friday.

In the Asian session, at GMT0300, the pair is trading at 0.9907, with the USD trading 0.06% lower against the CHF from Friday’s close.

The pair is expected to find support at 0.9883, and a fall through could take it to the next support level of 0.9858. The pair is expected to find its first resistance at 0.9931, and a rise through could take it to the next resistance level of 0.9954.

Looking ahead, investors would await Switzerland’s total sight deposit figures along with producer & import prices for September, both scheduled to release in a while.

The currency pair is showing convergence with its 20 Hr moving average and trading above its 50 Hr moving average.

For the 24 hours to 23:00 GMT, the USD rose 0.06% against the CAD and closed at 1.3036 on Friday.

In the Asian session, at GMT0300, the pair is trading at 1.3022, with the USD trading 0.11% lower against the CAD from Friday’s close.

The pair is expected to find support at 1.2999, and a fall through could take it to the next support level of 1.2977. The pair is expected to find its first resistance at 1.3048, and a rise through could take it to the next resistance level of 1.3075.

Trading trend in the Loonie today is expected to be determined by Canada’s existing home sales for September, due to be released later in the day.

The currency pair is showing convergence with its 20 Hr moving average and trading below its 50 Hr moving average.

For the 24 hours to 23:00 GMT, the AUD declined 0.2% against the USD and closed at 0.7110 on Friday.

LME Copper prices rose 2.8% or $170.0/MT to $6325.0/MT. Aluminium prices rose 1.0% or $21.0/MT to $2045.0/MT.

In the Asian session, at GMT0300, the pair is trading at 0.7107, with the AUD trading slightly lower against the USD from Friday's close.

The pair is expected to find support at 0.7091, and a fall through could take it to the next support level of 0.7074. The pair is expected to find its first resistance at 0.7132, and a rise through could take it to the next resistance level of 0.7156.

Moving ahead, investors would closely monitor Reserve Bank of Australia's (RBA) meeting minutes for October, slated to release overnight.

The currency pair is showing convergence with its 20 Hr and 50 Hr moving averages.

For the 24 hours to 23:00 GMT, Gold declined 0.33% against the USD and closed at USD1222.40 per ounce on Friday, amid strength in US dollar.

In the Asian session, at GMT0300, the pair is trading at 1225.00, with gold trading 0.21% higher against the USD from Friday’s close.

The pair is expected to find support at 1220.37, and a fall through could take it to the next support level of 1215.73. The pair is expected to find its first resistance at 1228.57, and a rise through could take it to the next resistance level of 1232.13.

The yellow metal is trading above its 20 Hr and 50 Hr moving averages.

For the 24 hours to 23:00 GMT, Crude Oil rose 0.52% against the USD and closed at USD71.54 per barrel on Friday.

Meanwhile, fresh figures from Baker Hughes disclosed that the number of active oil rigs advanced by 8 at 869, in the week ended 12 October.

In the Asian session, at GMT0300, the pair is trading at 72.14, with oil trading 0.84% higher against the USD from Friday’s close, after South Korea paused any oil imports from Iran for the first time in six years in September, prior to the US sanctions which takes effect in November.

The pair is expected to find support at 71.06, and a fall through could take it to the next support level of 69.97. The pair is expected to find its first resistance at 72.81, and a rise through could take it to the next resistance level of 73.47.

Crude oil is trading above its 20 Hr and 50 Hr moving averages.

For the 24 hours to 23:00 GMT, Crude Oil rose 0.52% against the USD and closed at USD71.54 per barrel on Friday.

Meanwhile, fresh figures from Baker Hughes disclosed that the number of active oil rigs advanced by 8 at 869, in the week ended 12 October.

In the Asian session, at GMT0300, the pair is trading at 72.14, with oil trading 0.84% higher against the USD from Friday’s close, after South Korea paused any oil imports from Iran for the first time in six years in September, prior to the US sanctions which takes effect in November.

The pair is expected to find support at 71.06, and a fall through could take it to the next support level of 69.97. The pair is expected to find its first resistance at 72.81, and a rise through could take it to the next resistance level of 73.47.

Crude oil is trading above its 20 Hr and 50 Hr moving averages.

Daily Pivots: (S1) 146.84; (P) 147.92; (R1) 148.67; More...

GBP/JPY drops sharply today but for now it's seen as in consolidation from 149.70. Further rise is still expected as long as 145.67 resistance turned support holds. On the upside, above 149.70 will target 153.84/156.69 resistance zone next. However, break of 145.67 will suggest that the rebound from 139.88 has completed and turn near term outlook bearish again.

In the bigger picture, current development suggests that GBP/JPY has successfully defended 139.29 cluster support (50% retracement of 122.36 to 156.59 at 139.47). And, the rally from 122.36 (2016 low) is still intact. Such medium to long term rise would extend through 156.96 high. This will now be the preferred case as long as 145.67 near term support holds. However, break of 145.67 will turn focus back to 139.29/47 key support zone.

Daily Pivots: (S1) 129.22; (P) 129.87; (R1) 130.38; More....

Intraday bias in EUR/JPY remains neutral at this point and deeper fall is in favor. On the downside, break of 129.20 will extend the fall from 133.12 to 127.85 support first. Break there will confirm completion of rebound from 124.89 at 133.12 and bring retest of this low. On the upside, though, above 130.70 minor resistance will turn bias back to the upside for 133.12 instead.

In the bigger picture, current development suggests that EUR/JPY could have defended key support level of 124.08 key resistance turned support. And, the larger up trend from 109.03 (2016 low) is still in progress. Firm break of 137.49 structural resistance will target 141.04/149.76 resistance zone next. This will be the preferred case as long as 127.85 near term support holds. However, break of 127.895 will turn focus back to 124.08 key support level.

Daily Pivots: (S1) 1.6182; (P) 1.6243; (R1) 1.6305; More....

Intraday bias in EUR/AUD remains neutral at this point and further rise is still in favor. On the upside, sustained break of 1.6353 will resume larger up trend and target 1.6587 key resistance next. On the downside, however, break of 1.6145 support will likely extend the corrective pattern from 1.6353 with another leg back to 1.5984.

In the bigger picture, up trend from 1.3624 (2017 low) is still in progress. Further rise should be seen to retest 1.6587 (2015 high). Decisive break there will resume the long term rally and target 1.7488 fibonacci level. On the downside, break of 1.5984 support is need to be the first sign of medium term reversal. Otherwise, outlook will remain bullish in case of deep pull back.