Weekly Outlook: March 10-14, 2026

Last week saw significant movement across major pairs as the US Non-Farm Payrolls report surprised to the upside with 195K jobs added versus the 180K consensus. The unemployment rate held steady at 3.8%.

Key Levels This Week

EUR/USD: Watch the 1.0900 resistance level. A break above could target 1.0950, while rejection sends price back toward 1.0800.

USD/JPY: The 150.00 psychological level remains key. BoJ intervention rhetoric increases as the pair approaches this zone.

Events to Watch

The ECB rate decision on Thursday is the week's main event. Markets expect a hold at 4.50%, but the press conference could provide clues about timing of future cuts.

US CPI data on Wednesday could shift expectations for the Fed's path, making it a high-volatility event for all USD pairs.