Date: September 17, 2026
DXY – Breaks 100 After FOMC Decision
DXY trades around 99.71, having briefly broken above 100 for the first time in 7 weeks after the Fed hiked rates by 25bp to 3.75-4.00%. The decision was unanimous. The dot plot suggests at least one more hike this year. RSI at 55, positive.Key Levels:
- Support: 99.14 (200-SMA) – 99.00
- Resistance: 100.46 – 101.00
Gold – Plunges to $4,258
Gold trades around $4,257/oz, plunging after the Fed's rate hike decision. Chair Warsh said monetary conditions are "not restrictive enough." Prices fell from a high of $4,366. RSI at 48, neutral.Key Levels:
- Support: 4,238 – 4,200
- Resistance: 4,358 – 4,400
WTI Crude – Falls to $97
WTI trades around $97.50/barrel, down 3.3% after the Fed's decision. Concerns over reduced energy demand due to higher rates. However, Middle East geopolitical risks continue to support prices. RSI at 66, near overbought.Key Levels:
- Support: 95.74 – 92.00
- Resistance: 100.85 – 102.75
USD/JPY – Rises to 156.50
USD/JPY trades around 156.50, up for a third consecutive session after the Fed's decision. Markets await Friday's BoJ decision, with a 25bp hike to 1.25% expected. RSI at 45, low-neutral.Key Levels:
- Support: 154.21 – 153.37
- Resistance: 157.07 – 158.41
EUR/USD – Falls to 1.1450
EUR/USD trades around 1.1450, falling after the Fed's decision. The ECB hiked rates last week. A stronger USD and high bond yields weigh on the EUR. RSI at 40, weak.Key Levels:
- Support: 1.1430 – 1.1400
- Resistance: 1.1553 – 1.1575
GBP/USD – Falls to 1.3360
GBP/USD trades around 1.3372, its lowest since early August. A stronger USD after the Fed weighs on the pair. Markets await Thursday's BoE decision, with rates expected to hold. RSI at 32, near oversold.Key Levels:
- Support: 1.3333 – 1.3300
- Resistance: 1.3400 – 1.3477
AUD/USD – Falls to 0.7076
AUD/USD trades around 0.7090, down from its 4-month high of 0.7237. A stronger USD after the Fed weighs on the pair. Markets await Australian economic data. RSI at 41, weak.Key Levels:
- Support: 0.7100 – 0.7049
- Resistance: 0.7176 – 0.7200
ASX200 – Hovers Around 8,750
ASX200 hovers around 8,750 points after four days of decline. Healthcare and gold sectors gained, while tech and financials declined. Markets await the Fed decision and China data. RSI is in low-neutral territory.Key Levels:
- Support: 8,700 – 8,612
- Resistance: 8,800 – 8,855
Hang Seng – Edges Up to 24,713
Hang Seng rose 0.2% to 24,713 points, led by tech stocks. However, gains were limited by concerns over high bond yields and a strong USD. RSI is in low-neutral territory.Key Levels:
- Support: 24,574 – 24,400
- Resistance: 24,790 – 25,093
Key Events This Week
- Thursday (17/09): BoE Rate Decision – Expected to hold
- Friday (18/09): BoJ Rate Decision – Expected 25bp hike
- USD: Breaks 100 after FOMC, testing 100.46
- Gold: Plunges to 4,258, pressure from Fed
- Oil: Falls to $97, demand concerns
- USD/JPY: Rises to 156.50, awaiting BoJ
- EUR/USD: Falls to 1.1450, pressure from USD
- GBP/USD: Falls to 1.3360, awaiting BoE
- AUD/USD: Falls to 0.7076
- ASX200: Hovers around 8,750
- Hang Seng: Edges up to 24,713
