Date: October 6, 2026
DXY – Hovers Around 102.20 After Weak Jobs Data
DXY trades around 102.18, hovering at its highest since April 2025. US September jobs data showed only 29,000 jobs added, far below expectations. However, the USD remains strong due to European political concerns. RSI at 76.34, overbought.
Key Levels:
- Support: 101.80 (5-EMA) – 101.33 (9-EMA)
- Resistance: 102.53 – 102.62
Outlook: Bullish, caution near overbought.
Gold – Awaits Signal at $4,132
Gold trades around $4,158/oz, hovering after weak jobs data reduced Fed rate hike expectations. However, a strong USD and high yields continue to pressure. RSI at 39, near oversold.
Key Levels:
- Support: 4,128 – 4,110
- Resistance: 4,170 – 4,274
Outlook: Range-bound, awaiting signals.
WTI Crude – Falls to $88.25
WTI trades around $89.73/barrel, edging lower. The G7 agreed to release 100 million barrels from emergency reserves. OPEC+ kept production quotas unchanged. RSI at 48, neutral.
Key Levels:
- Support: 88.00 – 84.49
- Resistance: 90.99 – 93.59
Outlook: Bearish, testing 88.00 support.
EUR/USD – Falls to 1.1210
EUR/USD trades around 1.1200, falling to a 17-month low. Political instability in France and Spain weigh on the EUR. RSI at 18.30, deeply oversold.
Key Levels:
- Support: 1.1200 – 1.1189
- Resistance: 1.1276 – 1.1323
Outlook: Bearish, deeply oversold territory.
GBP/USD – Recovers to 1.3210
GBP/USD trades around 1.3220, recovering slightly from a 3-month low. Weak US jobs data reduced Fed rate hike expectations. The BoE may hike rates in November. RSI at 35, near oversold.
Key Levels:
- Support: 1.3180 – 1.3107
- Resistance: 1.3244 – 1.3281
Outlook: Mild recovery, awaiting signals.
USD/JPY – Falls to 158.10
USD/JPY trades around 158.19, edging lower. Markets await Japanese economic data. The BoJ may hike rates this year. RSI at 52, neutral.
Key Levels:
- Support: 157.50 – 157.00
- Resistance: 158.50 – 159.00
Outlook: Range-bound, intervention risk.
AUD/USD – Falls to 0.6960
AUD/USD trades around 0.6960, edging lower. A stronger USD and reduced RBA rate hike expectations weigh on the AUD. Markets await US ISM Services PMI. RSI at 32, near oversold.
Key Levels:
- Support: 0.6905 – 0.6894
- Resistance: 0.6984 – 0.7029
Outlook: Bearish, near oversold territory.
ASX200 – Flat Around 8,686
ASX200 closed nearly unchanged at 8,686 points. Tech and consumer sectors gained, while utilities and retail declined. Markets await the Fed meeting minutes. RSI is in neutral territory.
Key Levels:
- Support: 8,625 – 8,600
- Resistance: 8,736 – 8,800
Outlook: Flat, awaiting signals.
Nikkei 225 – Surges 2.4% to 69,947
Nikkei 225 surged 2.4% to 69,947 points, a 3-month high. Tech and financial stocks led gains. However, the index hit resistance at 70,000 and shows signs of being overbought. RSI is elevated.
Key Levels:
- Support: 69,000 – 68,000
- Resistance: 70,000 – 70,500
Outlook: Strong uptrend, caution near overbought.
Key Events This Week
- Tuesday (06/10): US ISM Services PMI (Sep) – Services activity
- Wednesday (07/10): US ADP Employment Change – Jobs data
- Thursday (08/10): FOMC Meeting Minutes – Fed meeting minutes
- Friday (09/10): US Nonfarm Payrolls (Sep) – Highlight of the week
- USD: Hovers around 102.20, RSI 76.34
- Gold: Awaits signal at 4,132, RSI 39
- Oil: Falls to 88.25, testing 88.00 support
- EUR/USD: Falls to 1.1210, RSI 18.30
- GBP/USD: Recovers to 1.3210, RSI 35
- USD/JPY: Falls to 158.10
- AUD/USD: Falls to 0.6960, RSI 32
- ASX200: Flat around 8,686
- Nikkei 225: Surges 2.4% to 69,947
