--- title: "TGIF: The US session is starting with the USD higher after yesterdays run lower" type: "News" locale: "en" url: "https://longbridge.com/en/news/279940704.md" description: "The USD is rising at the start of the Friday session, while stocks are down and yields remain high, with the 10-year at 4.30%. The EURUSD pair surged yesterday but faced selling pressure, with key levels at 1.1608 resistance and 1.15286 support. For USDJPY, the focus is on the moving averages at 158.90 and 158.96, with 158.55 as a critical level for bias. Below this, sellers maintain control; above it, a retest of the moving averages is likely. Overall, the market shows mixed signals as traders assess key technical levels." datetime: "2026-03-20T12:14:13.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/279940704.md) - [en](https://longbridge.com/en/news/279940704.md) - [zh-HK](https://longbridge.com/zh-HK/news/279940704.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/279940704.md) | [繁體中文](https://longbridge.com/zh-HK/news/279940704.md) # TGIF: The US session is starting with the USD higher after yesterdays run lower The USD is pushing higher to kick off the Friday session. Stocks are trading lower, yields remain stubbornly elevated with the 10-year hovering near 4.30%, and oil prices are choppy but modestly lower. In today’s video, I break down the three major currency pairs from a technical perspective—highlighting the bias, key risks, and the levels that matter most heading into the session. For EURUSD, the pair surged higher yesterday, breaking above the 100-hour MA, the 200-hour MA at 1.15386, and a key swing area between 1.1542 and 1.1549. That upside momentum extended toward the 38.2% retracement of the move down from the February high, with price reaching 1.1615 before sellers stepped in aggressively, driving a sharp rotation lower into the close. That downside momentum carried into today’s session, with price moving back toward the 200-hour MA (now at 1.15286). The low reached 1.1535 before finding buyers and bouncing modestly. The broader range is now clearly defined: - Resistance: 38.2% retracement at 1.1608 - Support: 200-hour MA at 1.15286 In between, a near-term swing area between **1.1542 and 1.1555** will act as a key battleground. Holding above keeps buyers in play; a move below shifts control back to the sellers. For USDJPY, the key barometer today is the cluster of moving averages—**the 200-hour MA at 158.90 and the 100-hour MA at 158.96**. The price rebounded into that zone earlier today and, once again, found willing sellers leaning against the resistance. Yesterday’s move was telling. The pair broke below both of those MAs, along with a key channel trendline, accelerating the downside momentum to a low near 157.50. That shift tilted the near-term bias more bearish. For today, **158.55 is the short-term bias-defining level**. - Below 158.55, sellers maintain control, and the rejection near the MA cluster gains credibility. - Above 158.55, the downside momentum stalls, and a retest of the 100- and 200-hour MAs near 158.90–158.96 becomes more likely. In short, the MA cluster above remains a ceiling for now—but only if sellers can keep price below 158.55. For the GBPUSD...More ### Related Stocks - [Invesco CurrencyShares® Japanese Yen (FXY.US)](https://longbridge.com/en/quote/FXY.US.md) - [ProShares Ultra Yen (YCL.US)](https://longbridge.com/en/quote/YCL.US.md) - [Invesco DB US Dollar Bullish (UUP.US)](https://longbridge.com/en/quote/UUP.US.md) - [Invesco CurrencyShares® Euro Currency (FXE.US)](https://longbridge.com/en/quote/FXE.US.md) - [WisdomTree Bloomberg US Dllr Bullish ETF (USDU.US)](https://longbridge.com/en/quote/USDU.US.md) ## Related News & Research - [NZDUSD: The traders are banging on the floor.](https://longbridge.com/en/news/281539892.md) - [Pricier fuel hits Tokyo cherry blossom river cruises ](https://longbridge.com/en/news/281140182.md) - [3 Monthly Dividend Stocks With High Yields](https://longbridge.com/en/news/281076989.md) - [Yield on 10-yr U.S. Treasury notes down 3.6 bps at 4.4038%](https://longbridge.com/en/news/280933945.md) - [Near a 15-year low, is this 6.6%-yielding stock too cheap to ignore or a value trap?](https://longbridge.com/en/news/280918112.md)