USDX (USD Index)
U.S. Dollar Index is moving upward with moderate momentum, though price action remains largely contained within Friday’s trading range. If the bullish movement continues to build, the 100.67 level serves as the immediate overhead resistance target. On the lower side, a daily close below the critical 100.00 handle would provide short-term confirmation for a potential bearish turn. Until a clear breakout from this range occurs, the index is likely to maintain its current short-term consolidation phase.
EUR/USD
EUR/USD pair turned lower before reaching the key 1.1500 resistance level. Price action is currently trading inside Friday’s range, signaling that the ongoing consolidation phase remains intact. A failure to defend the immediate lower boundary could re-expose the 1.1446 trap area and downside targets near 1.1360. Traders should monitor price behavior around these boundaries for a clear breakout to signal the next directional move.
Today’s critical levels to watch:
Support: 1.1360, 1.1300
Resistance: 1.1500, 1.1580, 1.1710, 1.1820, 1.2000, 1.2070
GBP/USD
GBP/USD is trading slightly lower and remains bounded within the past two days’ range. The pair faces a pivotal decision point: a push higher that secures a decisive close above 1.3450 is required to confirm a bullish trend reversal. Meanwhile, dynamic resistance near the daily SMA 200 around 1.3400 continues to cap immediate upside attempts. Conversely, continued downward pressure could drive price action lower to test the key support target at 1.3250.
Today’s critical levels to watch:
Support: 1.3330, 1.3300, 1.3250
Resistance: 1.3450, 1.3600
USD/JPY
The bullish corrective move in USD/JPY remains ongoing, with price action pushing higher and nearing the daily SMA 200. As the pair approaches this major dynamic technical barrier, traders should monitor price reaction closely to determine whether overhead selling pressure re-emerges or if the recovery phase extends further. A strong rejection from the 200 SMA could spark a renewed downside turn toward new lower swing low, whereas a breakout higher targets 158.59.
Today’s critical levels to watch:
Support: 155.50, 154.00, 150.00
Resistance: 158.89
AUD/USD
AUD/USD is trading slightly higher, though price action remains contained within the previous week’s bearish candlestick range. Key overhead resistance stands at 0.7160. A decisive close above this level is needed to reignite bullish momentum toward the 0.7200 mark. On the downside, the critical support zone is anchored by the 0.7000 psychological handle and the daily SMA 200, which must hold to prevent deeper structural weakness.
Today’s critical levels to watch:
Support: 0.7000, 0.6820, 0.6750, 0.6700, 0.6600
Resistance: 0.7160, 0.7300, 00.7330