In today’s Kickstart video, I break down the three major pairs — EURUSD, USDJPY, and GBPUSD. The dollar is modestly stronger overall, up about 0.23% vs JPY, barely higher by 0.08% vs EUR, and slightly lower by 0.05% vs GBP. So while the USD tone is firmer against the yen, it’s more mixed elsewhere.
Technically, EURUSD remains below both the 100-hour MA (1.1854) and the 200-hour MA (1.1839) after testing those levels early in the Asian session. Holding below keeps the short-term bias tilted to the downside. Yesterday’s low near 1.1803 remains in play, with the next key target between 1.1765–1.1778, an area defined by prior swing lows from earlier in the month.
For USDJPY, the pair is pushing higher and attempting to reclaim 153.73, along with yesterday’s high at 153.52. On the topside, the falling 200-hour MA at 154.13 and the 38.2% retracement at 154.32 represent an important resistance zone. A sustained move above both would shift control more firmly back to buyers. Beyond that, the 100-day MA at 154.677 is a broader technical barometer that traders will be watching closely for directional confirmation.
GBPUSD is attempting to push higher, but it remains capped below the 50% midpoint of the 2026 trading range at 1.3610, with the falling 100-hour MA sitting just beneath that level and reinforcing resistance. As long as price stays below that confluence zone, upside momentum remains limited.
On the downside, the 61.8% retracement at 1.3549 helped stall the latest decline. A break below that level would strengthen the near-term bearish bias and shift focus toward the next support area between 1.3526 and 1.3534, where prior swing levels come into play.
This article was written by Greg Michalowski at investinglive.com.
