What is the main forex focus for the New York session today?

EUR/USD is at 1.12871, below S1 at 1.13068, with the dollar firm against the euro and the pound. ISM Manufacturing PMI is scheduled today at 14:00 UTC, with Fed and ECB speeches through the session.

Where is EUR/USD versus its pivot levels?

Last is 1.12871, under S1 at 1.13068. The pivot is 1.13432 and R1 is 1.13648. The day low is 1.12648 and the day high is 1.13361.

Which US data and Fed speeches are due today?

ISM Manufacturing PMI is due today at 14:00 UTC, previous 54.6, estimate 55, with Prices Paid, New Orders and Employment at the same time. Fed's Waller speaks at 14:00 UTC, Jefferson at 17:30 UTC, Bowman at 19:00 UTC, and Williams and Cook at 19:30 UTC.

Forex Market Update New York Session: Dollar Bid

Q: How is USD/JPY positioned versus its pivots?

USD/JPY last 157.995 is above R1 at 157.817 and the pivot at 157.087, with S1 at 156.657. The daily trend is mixed and the H4 trend is up.

Session brief Bullish bias Oct 1, 2026, 13:16 UTC

Nathan BrooksUS Markets & Federal Reserve Analyst · ForexR analyst

The dollar is firm in the London and New York overlap, with EUR/USD at 1.12871 below S1 at 1.13068. ISM Manufacturing PMI is due today at 14:00 UTC with Fed and ECB speeches.

Suspension bridge crossing in front of city skyscrapers

Instrument	Last	Day change	Pivot	Daily trend
EUR/USD	1.12871	-0.37%	1.13432	Down
Gold (XAU/USD)	4,178.39	+0.52%	4,174.48	Down
GBP/USD	1.32255	-0.28%	1.32648	Down
Bitcoin (BTC/USD)	83,631.81	+0.05%	84,031.95	Up
USD/JPY	157.995	+0.39%	157.087	Mixed
AUD/USD	0.69481	+0.08%	0.69591	Down
USD/CAD	1.42451	+0.11%	1.42065	Up
Ethereum (ETH/USD)	2,687.34	+0.11%	2,692.66	Up
Nasdaq 100 (US100)	30,560.3	+0.35%	30,441.0	Up
WTI Crude Oil (XTI/USD)	89.797	+0.41%	89.334	Mixed
Data as of 2026-10-01 13:03 UTC.

The dollar is bid in the London and New York overlap. EUR/USD last 1.12871 sits below S1 at 1.13068, with daily and H4 trends down.

USD/JPY last 157.995 holds above R1 at 157.817. GBP/USD last 1.32255 is down 0.28% on the day and USD/CAD last 1.42451 is up 0.11%, with daily and H4 trends up. The level that matters most is EUR/USD S1 at 1.13068.

Session snapshot

Gold (XAU/USD) leads, up 0.52% on the day at 4178.39, above the pivot at 4174.48. Daily and H4 trends on gold remain down. The 5-day change is -2.54%. WTI Crude Oil (XTI/USD) is up 0.41% at 89.797, with a mixed daily trend and an H4 trend down. USD/JPY is up 0.39%. Nasdaq 100 (US100) is up 0.35% at 30560.3.

EUR/USD lags, down 0.37% on the day. GBP/USD is down 0.28% at 1.32255. AUD/USD is up 0.08% at 0.69481 even as both of its trends stay down. Bitcoin (BTC/USD) is up 0.05% at 83631.81 and Ethereum (ETH/USD) is up 0.11% at 2687.34. The live currency strength meter tracks that dollar bid versus the European majors.

Instrument	Last	Change %	Daily trend
EUR/USD	1.12871	-0.37	down
Gold (XAU/USD)	4178.39	+0.52	down
GBP/USD	1.32255	-0.28	down
Bitcoin (BTC/USD)	83631.81	+0.05	up
USD/JPY	157.995	+0.39	mixed
AUD/USD	0.69481	+0.08	down
USD/CAD	1.42451	+0.11	up
Ethereum (ETH/USD)	2687.34	+0.11	up
Nasdaq 100 (US100)	30560.3	+0.35	up
WTI Crude Oil (XTI/USD)	89.797	+0.41	mixed

Setups in focus

EUR/USD

EUR/USD last 1.12871, with a day high at 1.13361 and a day low at 1.12648. Price is below S1 at 1.13068, the pivot at 1.13432 and R1 at 1.13648. Daily RSI is 23.7. The 5-day change is -0.82%. ATR is 49.4 pips. Those markers match the pivot point calculator.

A reclaim of S1 at 1.13068 would open the way to the pivot at 1.13432. A break of the day low at 1.12648 would keep the daily down trend in control.

USD/JPY

USD/JPY last 157.995, with a day high at 158.43 and a day low at 157.305. Last is above R1 at 157.817 and the pivot at 157.087, with S1 at 156.657. The daily trend is mixed and the H4 trend is up. Daily RSI is 50.7. The 5-day change is -0.18%.

Holding above R1 at 157.817 keeps the day high at 158.43 in view. A drop back through R1 at 157.817 would put the pivot at 157.087 back on the map.

GBP/USD

GBP/USD last 1.32255 trades just above S1 at 1.32193. The pivot is 1.32648 and R1 is 1.33078. The day high is 1.32719 and the day low is 1.31922. Daily and H4 trends are down. Daily RSI is 34.3. The 5-day change is -0.08%.

A print below S1 at 1.32193 would open the day low at 1.31922. Clearing the pivot at 1.32648 would be the first step toward R1 at 1.33078.

Newsflow and calendar

News coverage from Action Forex, FX Street and Forexcom has clustered around a firmer dollar, the European majors, the yen, and gold versus US Treasury yields.

At the September 30 close, the US 10-year yield was 5.29%, up 3 basis points versus September 29, and the 2-year yield was 4.88%, down 1 basis point. The 2s10s curve was 41 basis points.

On the economic calendar today, times in UTC:

13:30: ECB's President Lagarde speech (High); Canada S&P Global Manufacturing PMI (Medium, previous 53)
14:00: ISM Manufacturing PMI (High, previous 54.6, estimate 55); ISM Manufacturing Prices Paid (Medium, previous 71.1, estimate 72.3); ISM Manufacturing New Orders Index (Medium, previous 53.7); ISM Manufacturing Employment Index (Medium, previous 51.2); ECB's Sleijpen speech; Fed's Waller speech
15:30: ECB's Schnabel speech (Medium)
17:30: Fed's Jefferson speech (Medium)
19:00: Fed's Bowman speech (Medium)
19:30: Fed's Williams speech; Fed's Cook speech (Medium)
23:30: Tokyo CPI ex Food, Energy (YoY) (High, previous 2)

Bottom line

The dollar is firm versus the euro and the pound, with EUR/USD below S1 at 1.13068 and USD/JPY above R1 at 157.817. AUD/USD is up 0.08% on the day against a down daily trend, so the dollar bid is not uniform. ISM Manufacturing PMI at 14:00 UTC and the Fed speaker slate still sit ahead. A reclaim of EUR/USD S1 at 1.13068 would mark the dollar bid fading; a hold below that level would keep the down trend on EUR/USD intact.