Yan Ruixiang: US Dollar Index Breaks Above Monthly Resistance, Non-USD Currencies Under Pressure and Declining

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March 16, USD Index

Monthly Chart (Focus on Closing) Support: 99.70

Weekly Chart (Medium-term Bullish) Support: 98.40

Daily Chart (Swing Bullish) Support: 99

Four-hour Chart (Short-term)

Key short-term threshold around 99.90; intra-day watch for support in the 99.70-99.90 range for upward movement

USD/JPY (US Dollar / Japanese Yen)

Monthly Chart (Long-term Bullish) Support: 150.80

Weekly Chart (Medium-term Bullish) Support: 156.80

Daily Chart (Swing Bullish) Support: 158.10

Four-hour Chart (Short-term)

Short-term threshold around 159.30; currently volatile, overall still bullish (break above 159.74 confirms bullish trend)

USD/CAD (US Dollar / Canadian Dollar)

Monthly Chart (Long-term Bearish) Resistance: 1.3860

Weekly Chart (Focus on Closing) Resistance: 1.3710

Daily Chart (Swing Bullish) Support: 1.3640

Four-hour Chart (Short-term)

Key threshold around 1.3670; watch for support in the 1.3670 area for upward movement

USD/CHF (US Dollar / Swiss Franc)

Monthly Chart (Long-term Bearish) Resistance: 0.8110

Weekly Chart (Medium-term Bullish) Resistance: 0.7840

Daily Chart (Swing Bullish) Support: 0.7810

Four-hour Chart (Short-term)

Key threshold around 0.7870

Short-term focus on support in the 0.7870-0.7880 range for continued bullishness

EUR/USD (Euro / US Dollar)

Monthly Chart (Focus on Closing) Support: 1.1460

Weekly Chart (Medium-term Bearish) Support: 1.1700

Daily Chart (Swing Bearish) Resistance: 1.1620

Four-hour Chart (Short-term)

Key threshold around 1.1480; watch for resistance/support in the 1.1460-1.1480 range

GBP/USD (British Pound / US Dollar)

Monthly Chart (Focus on Closing) Support: 1.3320

Weekly Chart (Medium-term Bearish) Support: 1.3465

Daily Chart (Swing Bearish) Resistance: 1.3390

Four-hour Chart (Short-term)

Key threshold around 1.3290; watch for resistance/support in the 1.3290-1.3300 range

AUD/USD (Australian Dollar / US Dollar)

Monthly Chart (Long-term Bullish) Support: 0.6600

Weekly Chart (Medium-term Bullish) Support: 0.6895

Daily Chart (Swing Bearish) Support: 0.7070

Four-hour Chart (Short-term)

Key threshold around 0.7050; intra-day watch for support in the 0.7050-0.7060 range

NZD/USD (New Zealand Dollar / US Dollar)

Monthly Chart (Focus on Closing) Resistance: 0.5850

Weekly Chart (Medium-term Bearish) Resistance: 0.5880

Daily Chart (Swing Bearish) Resistance: 0.5910

Four-hour Chart (Short-term)

Key threshold around 0.5835-0.5850; watch for support in this range

【Key Financial Data and Events to Watch on March 16, 2026, Monday】

① 20:30 Canada February CPI Monthly Rate

② 20:30 US March New York Fed Manufacturing Index

③ 21:15 US February Industrial Production Monthly Rate

④ 22:00 US March NAHB Housing Market Index

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