USDX (USD Index)

U.S. Dollar Index remains locked in a broader bearish market structure, currently undergoing a bullish correction phase directly at the daily SMA 200 near 98.97. Price action may see near-term consolidation or a minor upward push, but upside potential is expected to remain capped beneath key dynamic resistance at 100.00 alongside the descending trendline. Downside focus rests on 97.43 (127.2% Fibonacci extension), while a daily close above the 100.00 handle serves as the primary invalidation level for this bearish scenario.

EUR/USD

EUR/USD continues to drift lower toward dynamic support at its daily SMA 200, where buyers are anticipated to attempt a defense to maintain the broader uptrend. A decisive break below this moving average would open the door for a deeper drop toward horizontal support at 1.1580, followed by a broader trend shift zone between 1.1446 and 1.1500. Sustained price action above the SMA 200 is required to preserve near-term bullish viability, whereas a close inside the lower support zone invalidates the immediate recovery thesis.

Today’s critical levels to watch:

Support: 1.1580, 1.1500, 1.1360, 1.1300

Resistance: 1.1710, 1.1820,1.2000, 1.2070

GBP/USD

Strong bearish momentum dominates GBP/USD following a decisive breakdown below the psychological 1.3600 handle. While immediate downside stabilization may occur near the previous swing high around 1.3550, overall price action indicates that sellers remain in firm control. The ascending trendline drawn from the June lows marks the critical macrostructural boundary. A daily close below this trendline confirms a full structural trend shift, invalidating any remaining long setups.

Today’s critical levels to watch:

Support: 1.3450, 1.3330, 1.3300, 1.3250

Resistance: 1.3600

USD/JPY

USD/JPY retains an overall bearish bias despite recent corrective ticks higher following a severe sell-off. Price action is attempting to reclaim lost ground, but advances remain capped inside the bearish candlestick range, keeping the overarching expectation favored toward an eventual breakdown below the daily SMA 200. A daily close above the bearish candlestick high invalidates this bearish outlook, whereas a sustained break of the SMA 200 targets lower Fibonacci retracements down to 156.51 (61.8% level).

Today’s critical levels to watch:

Support: 158.89, 155.50

Resistance: 160.00, 161.18, 162.00

AUD/USD

AUD/USD continues to consolidate near the 0.7160 handle after today’s initial upside momentum stalled. Price remains bound in a tight range, with immediate intraday resistance capping advances while buyers defend the 0.7160 pivot line. A sustained upside breakout would be required to open a path toward major upper boundary resistance at 0.7300 – 0.7330. Conversely, a clear breakdown beneath 0.7160 shifts near-term focus down toward psychological support at 0.7000 and the ascending daily SMA 200, which remain the primary trend shift indicators for the pair.

Today’s critical levels to watch:

Support: 0.7000, 0.6820, 0.6750, 0.6700, 0.6600

Resistance: 0.7160, 0.7300, 00.7330