USD Hovers Around 100 After FOMC, Gold Recovers to $4,335, Oil Falls to $96.50, ASX Edges Up to 8,732

[RichieVo]

Date: September 18, 2026

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DXY – Hovers Around 100 After FOMC​

DXY trades around 100.16, hovering after the Fed hiked rates by 25bp for the first time in 3 years. Chair Warsh said inflation remains too high and more hikes may follow. President Trump called for rates to be cut to 1%. RSI at 60, positive. Markets await BoE and BoJ.

Key Levels:​

• Support: 99.84 (100-SMA) – 99.54
• Resistance: 100.46 – 101.00

Outlook: Range-bound, testing 100.46 resistance.

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Gold – Recovers to $4,335​

Gold trades around $4,315/oz, recovering as oil prices eased. Saudi Arabia plans to restore half of the East-West pipeline capacity. However, pressure from the Fed remains. RSI at 46, neutral.

Key Levels:​

• Support: 4,300 – 4,254
• Resistance: 4,347 – 4,366

Outlook: Recovering, but pressure remains.

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WTI Crude – Falls to $96.50​

WTI trades around $96.50/barrel, falling for a second consecutive session. Saudi Arabia plans to restore half of the East-West pipeline capacity. US crude inventories fell by 640,000 barrels. RSI at 60, neutral.

Key Levels:​

• Support: 95.71 – 93.61
• Resistance: 100.00 – 102.10

Outlook: Correcting, awaiting signals.

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USD/JPY – Falls to 156.10​

USD/JPY trades around 155.80, falling ahead of Friday's BoJ meeting. Markets expect a 25bp BoJ hike to 1.25%. RSI at 43, low-neutral.

Key Levels:​

• Support: 154.21 – 153.37
• Resistance: 156.90 – 157.65

Outlook: Bearish, awaiting BoJ.

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EUR/USD – Hovers Around 1.1466​

EUR/USD trades around 1.1480, hovering after the Fed's decision. The ECB hiked rates last week. RSI at 35, near oversold.

Key Levels:​

• Support: 1.1456 – 1.1400
• Resistance: 1.1550 – 1.1603

Outlook: Bearish, pressure from USD.

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GBP/USD – Hovers Around 1.3345​

GBP/USD trades around 1.3400, hovering ahead of the BoE meeting. UK inflation rose to 3.1% in August. RSI at 37, weak.

Key Levels:​

• Support: 1.3333 – 1.3300
• Resistance: 1.3454 – 1.3500

Outlook: Range-bound, awaiting BoE.

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AUD/USD – Recovers to 0.7100​

AUD/USD trades around 0.7100, recovering slightly. However, prices remain below the lower Bollinger band. RSI at 45, low-neutral.

Key Levels:​

• Support: 0.7078 – 0.7049
• Resistance: 0.7161 – 0.7200

Outlook: Mild recovery, awaiting signals.

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ASX200 – Edges Up to 8,732​

ASX200 rose 0.4% to 8,732 points, continuing to recover after hitting a 10-week low. Financials and industrials led gains. Markets await RBA Governor Bullock's speech.

Key Levels:​

• Support: 8,700 – 8,612
• Resistance: 8,800 – 8,855

Outlook: Recovering, awaiting signals.

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NZX50 – Rises 1.0% to 13,757​

NZX50 rose 1.0% to 13,757 points after Q2 GDP grew 2.6%, beating expectations. However, a hawkish Fed limited gains. RSI is in neutral territory.

Key Levels:​

• Support: 13,616 – 13,500
• Resistance: 13,800 – 14,000

Outlook: Recovering, awaiting signals.

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Key Events This Week​

• Thursday (17/09): BoE Rate Decision – Expected to hold
• Friday (18/09): BoJ Rate Decision – Expected 25bp hike
• Friday (18/09): Japan CPI (Aug) – Japan inflation

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• USD: Hovers around 100 after FOMC
• Gold: Recovers to 4,335, pressure from Fed
• Oil: Falls to 96.50, awaiting signals
• USD/JPY: Falls to 156.10, awaiting BoJ
• EUR/USD: Hovers around 1.1466, RSI 35
• GBP/USD: Hovers around 1.3345, awaiting BoE
• AUD/USD: Recovers to 0.7100
• ASX200: Edges up to 8,732
• NZX50: Rises 1.0% to 13,757

Trade with caution. Use BCR's Economic Calendar to stay updated.