Dollar Rebounds as Markets Reprice Fed and Geopolitical Risks: EUR/USD, GBP/USD and USD/JPY Technical Outlook

The US Dollar is finding some footing as markets reassess interest-rate expectations and renewed geopolitical uncertainty. At the same time, Japan’s intervention remains a major risk for USD/JPY, keeping the broader FX market highly sensitive to policy signals.

USD/JPY Holds Near 157 After Intervention: Can the Dollar Reclaim 158?

USD/JPY is hovering around 157.35 after a sharp intervention-driven selloff.

The pair has recovered from the 155.20 area, but the rebound remains cautious. A move above 157.80–158.00 would strengthen the recovery case and bring 159.00 back into focus.

On the downside, 156.00 is the first support, followed by 155.00. With Japan still keeping intervention risks on the table, volatility could remain elevated around these levels.

EUR/USD Tests 1.1500: Can the Euro Hold Support?

EUR/USD is trading near 1.1510, keeping the psychological 1.1500 level firmly in focus.

A decisive break below 1.1500 would expose 1.1430–1.1400, while a recovery above 1.1550 would ease the immediate bearish pressure.

For now, the pair remains vulnerable as the Dollar attempts to extend its rebound, but 1.1500 could still attract buyers.

GBP/USD Pulls Back From 1.3500: Is Sterling Losing Momentum?

GBP/USD has slipped toward 1.3430 after failing to hold above 1.3500.

The first support sits around 1.3400, with a break below it potentially sending the pair toward 1.3350.

On the upside, reclaiming 1.3500 would put the recent highs back in focus. Until then, Sterling’s recovery remains vulnerable to further Dollar strength.