USDX (USD Index)
The U.S. Dollar Index continues to strengthen, extending its bullish momentum and moving firmly above the 100.00 level. This development signals sustained demand for the dollar, supported by current macro conditions and cautious market sentiment. Holding above this psychological level reinforces the bullish outlook, with price action suggesting continuation of the upward trend. A sustained move higher could further confirm the formation of a new higher swing high, strengthening the broader bullish structure.
EUR/USD
EUR/USD extended its bearish movement and is now trading near the 1.1500 support level. The continued decline reflects persistent selling pressure, with the pair unable to sustain any meaningful recovery. The 1.1500 level now becomes a critical area to watch. If price breaks below this level, it may open the door for further downside, while holding above it could lead to short-term consolidation.
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 declined with moderate bearish momentum, approaching the 1.3250 level. The pair continues to struggle below key resistance areas, indicating that sellers remain in control. The current price action suggests that the downward move may continue, with 1.3250 acting as the next important support zone. A break below this level would reinforce the bearish outlook, while any rebound would require a move back above nearby resistance to shift momentum.
Today’s critical levels to watch:
Support: 1.3250
Resistance: 1.3300, 1.3330, 1.3450
USD/JPY
USD/JPY continues its bullish advance, maintaining upward pressure as it trades near recent highs. The pair shows strong momentum, supported by continued demand for the dollar. With price holding firmly above key levels, the pair appears set to extend its move toward the 161.18 area, which stands as the next upside target. As long as bullish momentum remains intact, the outlook stays positive.
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 remains under bearish pressure, continuing its downward move as selling momentum persists. The pair has failed to recover above key levels, reinforcing the negative bias. With the current structure intact, price appears set to target the 0.6820 level in the near term. This level will act as the next key support to monitor. Unless the pair can reclaim higher levels above 0.7000, the outlook remains bearish.
Today’s critical levels to watch:
Support: 0.6820, 0.6750, 0.6700, 0.6600
Resistance: 0.7000, 0.7160