USDX (USD Index)
U.S. Dollar Index is consolidating near its current high, with most price action remaining within Monday’s trading range. The index sits at the swing high level, but there is no breakout confirmation above current resistance yet. If the upward movement continues, the 103.00 – 103.74 zone will serve as the primary upside target, while 100.67 and 100.00 act as support levels on any pullback.
EUR/USD
EUR/USD remains supported near the 1.1185 level following its recent downward move. If the pair manages to bounce upward from this key support area, price action could start a technical correction. In the event of a recovery, the 1.1300 – 1.1360 region will become the primary resistance target to watch.
Today’s critical levels to watch:
Support: 1.1185, 1.1120
Resistance: 1.1300, 1.1360, 1.1500, 1.1580, 1.1710, 1.1820
GBP/USD
GBP/USD continues to stick near the 1.3250 support level as price action consolidates in a narrow range. Traders are watching for a potential resolution from this base, with the 1.3300 – 1.3330 zone standing as the primary upside target if buyers step in. Conversely, a downside breakout below current support would open the way toward 1.3125 as the next target.
Today’s critical levels to watch:
Support: 1.3250
Resistance: 1.3300, 1.3330, 1.3450, 1.3600
USD/JPY
USD/JPY is staying close to its daily SMA 200 as market participants wait for clearer technical confirmation. The pair continues to trade below key moving average resistance, keeping the broader bearish perspective active. Traders maintaining short positions are placing stop orders above 159.05 to manage risk against a potential upside breakout.
Today’s critical levels to watch:
Support: 155.50, 154.00, 150.00
Resistance: 158.89
AUD/USD
Today’s critical levels to watch:
Support: 0.6820, 0.6750, 0.6700, 0.6600
Resistance: 0.7000, 0.7160, 0.7300, 00.7330