USDX (USD Index)
The U.S. Dollar Index made a bearish attempt below the 100.00 level during the session. However, the downside move lacked follow-through, and the index managed to recover, currently trading back near the level. This price action suggests that 100.00 continues to act as a key support zone. While sellers attempted to push lower, buyers stepped in to stabilize the market. The next direction will depend on whether the index can hold above this level or break below it with stronger momentum.
EUR/USD
EUR/USD produced a bounce reaction near the 1.1500 level, showing that buyers are still active at this support zone. However, the recovery remains limited, with price unable to break above the 1.1580 resistance. The pair is likely to continue moving within a range in the near term, as both sides struggle to gain control. A breakout from this zone will be needed to establish clearer direction.
Today’s critical levels to watch:
Support: 1.1500, 1.1360, 1.1300
Resistance: 1.1580, 1.1710, 1.1820,1.2000, 1.2070
GBP/USD
GBP/USD returned to the 1.3250 level but continues to show signs of weakness. The pair may resume its bearish movement, depending on how price reacts around current levels. Traders will closely monitor whether the pair can recover above 1.3450, which would signal a shift in structure. Otherwise, continued downside pressure could push the pair toward the 1.3000 level.
Today’s critical levels to watch:
Support: 1.3250, 1.3125, 1.3050, 1.3000
Resistance: 1.3300, 1.3330, 1.3450
USD/JPY
USD/JPY shows little change, continuing to consolidate below the 160.00 level. The lack of strong movement reflects a pause in momentum, as the pair trades within a tight range. This consolidation suggests that the market is waiting for a breakout to determine the next direction. If bullish breakout happen, then the pair could target 161.18.
Today’s critical levels to watch:
Support: 158.89, 155.50, 155.00, 153.00, 151.00
Resistance: 160.00, 161.18
AUD/USD
AUD/USD made a bullish attempt during the session, with price action forming a move that appears to engulf Friday’s candle. Despite this short-term strength, the broader structure remains bearish. As long as the pair stays below key resistance levels, downside pressure may persist. The 0.6820 level remains a potential target if bearish momentum resumes.
Today’s critical levels to watch:
Support: 0.6820, 0.6750, 0.6700, 0.6600
Resistance: 0.7000, 0.7160