{"id":441974,"date":"2026-11-11T23:40:14","date_gmt":"2026-11-11T16:40:14","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/the-usd-is-making-a-break-for-it-what-do-you-need-to-watch-technically-441974\/"},"modified":"2026-11-11T23:40:14","modified_gmt":"2026-11-11T16:40:14","slug":"the-usd-is-making-a-break-for-it-what-do-you-need-to-watch-technically","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/the-usd-is-making-a-break-for-it-what-do-you-need-to-watch-technically-441974\/","title":{"rendered":"The USD is making a break for it. What do you need to watch technically?"},"content":{"rendered":"<div>\n<p>The US dollar is making a run to the upside, with momentum building as markets price in a tighter Fed.<\/p>\n<p>Yesterday\u2019s CPI report added to concerns that higher oil prices are spilling over into the service sector and keeping inflation elevated. Fed commentary has taken a more hawkish turn, reinforcing expectations that additional rate hikes could be on the horizon.<\/p>\n<p>The bond market is responding. Yesterday, the 2-year yield rose about 20 basis points, while the 10-year yield reached 5.0%, up from 4.81% less than a week ago. Markets are now pricing in a 14% chance of a larger, 50-basis-point hike at the December meeting. The odds of another hike in January have climbed to 70%.<\/p>\n<p>That shift is giving dollar buyers another push higher. The USD is gaining against every major currency:<\/p>\n<ul>\n<li>\n<p>CHF: USD higher by 0.93%.<\/p>\n<\/li>\n<li>\n<p>EUR: USD higher by 0.72%.<\/p>\n<\/li>\n<li>\n<p>JPY: USD higher by 0.64%.<\/p>\n<\/li>\n<li>\n<p>NZD: USD higher by 0.56%.<\/p>\n<\/li>\n<li>\n<p>GBP: USD higher by 0.55%.<\/p>\n<\/li>\n<li>\n<p>CAD: USD higher by 0.38%.<\/p>\n<\/li>\n<li>\n<p>AUD: USD higher by 0.31%.<\/p>\n<\/li>\n<\/ul>\n<p>The broad advance puts dollar buyers firmly in control, but the next test is whether they can sustain the technical breaks. Can former resistance become support and provide a platform for another move higher? Or will the breaks fail, giving sellers an opening to push back?<\/p>\n<p>In the video above, I take a look at the EURUSD, USDJPY, GBPUSD, USDCHF, USDCAD and AUDUSD, outlining the technical levels that define the bias, the risk and the next targets.<\/p>\n<p>After a move like this, knowing where to lean and what would signal a failed break becomes even more important. If you are trading currencies, the video will help define your roadmap for the market right now.<\/p>\n<p>Be aware. Be prepared.<\/p>\n<p>                            This article was written by Greg Michalowski at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The US dollar is making a run to the upside, with momentum building as markets price in a tighter Fed. Yesterday\u2019s CPI report added to concerns that higher oil prices are spilling&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-441974","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/441974","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=441974"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/441974\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=441974"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=441974"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=441974"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}