USDX (USD Index)

The downward movement of the U.S dollar index looks stopped before it could reach the 93.00 support level. At the current time, the index consolidating in the middle of 93.00 – 94.00. If the index could climb and close above 94.00 then traders will expect continuation toward 95.00.

EUR/USD

EUR/USD movement is limited between 1.1710 – 1.1820. The pair continues its consolidation inside the range and waiting for the trigger to move. Traders will continue to monitor the pair movement inside the range. The market might move with big volatility nearing the U.S election.

today critical levels to watch:

Support: 1.1710, 1.1600, 1.1580

Resistance: 1.1820, 1.2000

GBP/USD

GBP/USD attempted to move higher today toward the 1.3000 resistance level. However, the bullish movement lost momentum, and the pair currently trading near its opening level. If the pair add more bearish pressure then traders will start to expect the pair to move lower and target the 1.2800 support level.

Today Critical level to watch:

Support: 1.2800, 1.2625

Resistance: 1.3000, 1.3050

USD/JPY

The short-term direction of USD/JPY seems to turn bullish and heading to 106.70 resistance level. Traders who have long positions could protect the positions with a stop below 105.00. On the other hand, if the pair form a major bearish pattern near 106.70 then traders could consider entering short positions.

Today critical levels to watch:

Support: 105.00, 104.00, 101.50, 101.19

Resistance: 106.0, 106.70

AUD/USD

AUD/USD return to the 0.7160 resistance level. The pair currently testing the level and aim to close above it. If the pair form another major bearish candlestick close then traders could be assured that the pair will start moving lower toward 0.7000, 0.6820, and daily SMA 200.

Today critical levels to watch:

Support: 0.7000, 0.6820

Resistance: 0.7160, 0.7300, 0.7330