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US dollar moves to new lows | Forexlive


US dollar moves to new lows | Forexlive

The USD is moving to fresh session lows versus all of the major currency pairs:

USDJPY. The USDJPY is trading to a new low of 149.62. That is getting closer to the 50% midpoint of the move up from the September low which comes in at 149.22. There is a swing level near 149.35 just ahead of that midpoint level.

EURUSD. The EURUSD has extended above its 100 hour moving average at 1.0458, but has stalled so far just ahead of its topside swing level target at 1.04677. Moving above that level should open the door for further upside momentum.

NZDUSD: The NZDUSD is breaking to a new high for 2025 and going back to mid-December and is testing a swing level at 0.57535. A move above that level would open the door for a resistance target near 0.5796 and above that the falling 100 day moving average of 0.58144.

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