USDX (USD Index)
U.S dollar index is moving mostly sideways today after the bearish drop earlier this week. The index is stabilizing, but still move below the broken swing low at 98.74. A short-term bullish correction toward this level is possible, but the broader outlook remains bearish. Overall sentiment continues to favor further downside unless the bull could reclaim 98.74 and print a new higher swing high.
EUR/USD
EUR/USD closed above 1.1710, confirming that buyers remain in control despite the limited movement today. The pair continues to show a constructive bullish structure and is expected to attempt a move toward the next resistance at 1.1820. If a bearish pullback occurs, then 1.1710 will be the key level to watch for potential bullish continuation. Under current situation, traders will continue to hold long positions and place stop order below 1.1615
Today’s critical levels to watch:
Support: 1.1710, 1.1580, 1.1500, 1.1360, 1.1300
Resistance: 1.1820
GBP/USD
GBP/USD trades slightly lower but remains inside yesterday’s range, showing consolidation after the recent bullish push. The overall outlook remains unchanged—bullish as long as price stays above 1.3330. A break above 1.3450 will open the path toward 1.3600.
Today’s critical levels to watch:
Support: 1.3330, 1.3300, 1.3250, 1.3125, 1.3050, 1.3000
Resistance: 1.3450
USD/JPY
USD/JPY is trading higher today and is currently testing the previous day’s high, showing renewed bullish momentum. The pair might consolidate near the current level and maintain the bullish outlook as long as it stays above the green box area. Will the pair turn lower, close below the box area and turn bearish? Alternatively, will it resume the bullish trend and reach 159.63 also 161.82?
Today’s critical levels to watch:
Support: 155.00, 153.00, 151.00
Resistance: 158.89, 160.00
AUD/USD
AUD/USD is slightly lower today but remains inside the past two days’ range. The broader structure still leans bullish, and as long as price stays above 0.6600, buyers are expected to maintain control. If a correction continues, 0.6600 will be the nearest support level to monitor for bullish reaction. On the upside, 0.6700 and 0.6820 are the levels to watch as targets.
Today’s critical levels to watch:
Support: 0.6600, 0.6560, 0.6500
Resistance: 0.6700, 0.6750, 0.6820