The US greenback did transfer increased after the US PPI information, however the response various throughout the foremost forex pairs. Some currencies pushed to new highs versus the dollar, whereas others remained trapped inside established buying and selling ranges. The AUD continues to outperform in opposition to the USD, whereas the CAD is little modified on the day.
EURUSD: The EURUSD is again beneath its 100-day transferring common at 1.17079. Staying beneath that degree retains the bias tilted extra to the draw back, with the following key technical goal coming on the 200-day transferring common and 38.2% retracement degree, each converging at 1.16806 at the moment.
USDJPY: The USDJPY stays beneath the day’s excessive at 157.89, however remains to be buying and selling increased by round 0.14%. Robust resistance stays between 157.975 and 158.260. On the draw back, it could take a transfer beneath the 38.2% retracement of the rally from the February 12 low at 157.495, together with a break beneath the 100-day transferring common at 157.371, to tilt the bias extra to the draw back.
GBPUSD: The GBPUSD prolonged to new session lows, however sellers couldn’t push the pair beneath its 100-day transferring common at 1.3481. The low worth reached 1.3484 earlier than discovering assist.
USDCHF: The USDCHF moved above the 50% midpoint of the transfer up from the January 2026 low at 0.78228. Resistance now is available in on the 100-day transferring common close to 0.7843. Staying above the 50% midpoint will stay a key barometer for each consumers and sellers going ahead.
USDCAD: The USDCAD moved above the 100-day transferring common yesterday at 1.3717, however rapidly reversed decrease, reestablishing resistance between 1.3708 and 1.3717. The excessive worth in the course of the European session reached 1.37085 earlier than backing off, whereas the post-PPI rally solely prolonged to 1.37034. Sellers proceed to maintain a lid on the pair in opposition to the sturdy resistance zone overhead.
NZDUSD: The NZDUSD moved to a brand new session low after breaking beneath its 200-hour transferring common at 0.5932 earlier at the moment. The pair additionally fell beneath a swing space between 0.5927 and 0.59355, turning that zone into topside resistance. The low worth reached 0.5918 earlier than draw back momentum stalled. Merchants ought to proceed to look at that former swing space carefully for directional clues at the moment and going ahead.
AUDUSD: The AUDUSD stays the standout performer and the one main pair nonetheless exhibiting notable forex power versus the US greenback. The USD stays down round -0.8% in opposition to the AUD on the day. Following the PPI launch, assist consumers stepped in simply forward of the 100-hour transferring common at 0.72344. The present worth is buying and selling close to 0.72445. Staying above the 100-hour transferring common retains consumers extra firmly in management, with the excessive for the day at 0.7253 as the following goal, adopted by current highs at 0.7259, 0.7263, and 0.7277.
