USDX (USD Index)

U.S. Dollar Index is climbing with strong upward momentum, printing a new higher high as buyers remain firmly in control. The index appears set to extend its gains toward the 103.00 major target area. On any potential pullbacks, the 101.79 level will act as immediate support to keep the broader bullish trend intact

EUR/USD

EUR/USD has printed a new lower low below the 1.1185 level as heavy selling pressure dominates price action. The pair might continue its downward trajectory with eyes set on 1.1120 and the 1.1000 psychological mark next. Any bullish recovery from current levels will face strong resistance around the 1.1300 – 1.1360 zone.

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 made a bullish attempt toward the 1.3250 level, but the pair was immediately rejected by overhead resistance. Price action is currently trading below the session opening level, suggesting that downside pressure will likely persist for now. If sellers continue to push lower, the market could target a test of the 1.3125 support area

Today’s critical levels to watch:

Support: 1.3250

Resistance: 1.3300, 1.3330, 1.3450, 1.3600

USD/JPY

USD/JPY is experiencing increased bullish pressure as price action continues to trade near the daily SMA 200. There is no definitive structural conclusion yet as the market tests key moving average resistance. If the pair continues upward and prints a new higher swing high, a mixed situation will develop, likely keeping price sticking close to the daily SMA 200.

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