Today's USD to PHP Price Update

Summary

This report provides the real-time exchange rate between the U.S. Dollar (USD) and Philippine Peso (PHP), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The U.S. Dollar (USD) is one of the world’s most dominant fiat currencies, while the Philippine Peso (PHP) is the official currency of the Philippines. The exchange rate between them reflects market sentiment regarding the relative strength of both currencies and economic conditions in the Philippines.

Today’s Price

• 1 USD = 58.91 PHP (as of February 3, 2026)
• 24h High: 58.92 PHP
• 24h Low: 58.85 PHP

Market Analysis

The USD/PHP pair is currently in a consolidation phase after a recent run, with the market retesting previous resistance levels at 56.41 PHP. Recent technical analysis indicates the pair is stabilizing around current levels.

• Technical levels: Key support at 58.45 PHP, 58.35 PHP, and 58.20 PHP; resistance at 58.69 PHP
• Fibonacci pivot point: 58.885 PHP serves as a critical technical reference level
• Trading opportunities: Monitor consolidation breakouts and watch for potential moves around the identified support and resistance zones

Conclusion

Continue to monitor the USD/PHP pair closely, integrating technical support and resistance levels with broader market sentiment. Traders should remain vigilant for breakouts from the current consolidation phase and position accordingly based on their risk management strategies.