Friday, October 16, 2026

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USD rallies, Cable edges lower as June liftoff gains traction

Source: Thomson Reuters USD rallies further after Fed minutes tips possibility of June hike Cable edges lower to hit session low by 1.4855, near 200-HMA (1.4856) Further support lies at daily pivot by 1.4844 and 1.4807 t…

By Jay L. Zagorsky
1 min read
USD rallies, Cable edges lower as June liftoff gains traction
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Source: Thomson Reuters


  • USD rallies further after Fed minutes tips possibility of June hike

  • Cable edges lower to hit session low by 1.4855, near 200-HMA (1.4856)

  • Further support lies at daily pivot by 1.4844 and 1.4807 today's low

  • Resistance is at 10-HMA at 1.4929, 1.4972 today's high, 1.5008 Mar 19 high caps

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By FxWirePro Team