Bitcoin 
Ethereum 
Tether 
BNB 
XRP 
USDC 
Solana 
TRON 
Lido Staked Ether 
Figure Heloc 
US Dollar (USD) is likely to trade in a range of 157.90/158.80. In the longer run, USD appears to have entered a consolidation phase between 157.10 and 159.10, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note.
💡 DMK Insight
The USD’s consolidation phase signals potential volatility for traders, especially around the 158.80 resistance level. With the current range of 157.90/158.80, traders should be cautious as a breakout above 158.80 could lead to a test of 159.10. Conversely, a drop below 157.90 might trigger selling pressure, pushing the dollar back toward 157.10. This range-bound behavior suggests that traders should watch for key economic indicators or geopolitical events that could catalyze movement. Given the current market dynamics, the USD’s stability could impact correlated assets like gold and cryptocurrencies, which often react to dollar strength. Keep an eye on the daily charts for any breakout patterns or reversals that could signal a shift in momentum.
📮 Takeaway
Watch the USD closely around the 158.80 level; a breakout could lead to a test of 159.10, while a drop below 157.90 may signal further weakness.
