USDX (USD Index)

The U.S. Dollar Index has achieved a decisive breakout above the 99.00 level, printing a new higher high in the process. Following its steady ascent above the daily SMA 200, the index is now set to resume its bullish movement with a primary target at the 100.00 psychological level. This breakout serves as a formal bullish confirmation, suggesting that the path of least resistance remains to the upside.

EUR/USD

EUR/USD has succumbed to heavy bearish pressure, extending its downward movement below the critical daily SMA 200. Having failed to hold the 1.1710 level, the pair is now on a clear path lower to target the next major support zone at 1.1580. Traders are monitoring this level closely, as the breakdown below the long-term moving average signals a significant shift in market structure.

Today’s critical levels to watch:

Support: 1.1710, 1.1580, 1.1500, 1.1360, 1.1300

Resistance: 1.1820,1.2000, 1.2070

GBP/USD

The British Pound has extended its weakness, closing decisively below the 1.3450 support level and continuing to trade under the daily SMA 200. It appears the bears have seized control of the pair’s direction, with the objective now set at the 1.3250 level. The breakdown below the moving average cluster further confirms the deterioration of the pair’s previous bullish structure.

Today’s critical levels to watch:

Support: 1.3450, 1.3330, 1.3300, 1.3250

Resistance: 1.3600

USD/JPY

USD/JPY continues its persistent upward grind, slowly erasing the losses sustained during the recent Bank of Japan (BOJ) intervention. Market sentiment remains favorable for the pair as it moves higher without further central bank action to stem the rise. If the current momentum continues, the pair is expected to maintain its upward trajectory toward major resistance.

Today’s critical levels to watch:

Support: 155.50, 155.00, 153.00, 151.00

Resistance: 158.89, 160.00, 161.18

AUD/USD

AUD/USD has dropped sharply to retest the 0.7160 level. The pair is currently experiencing strong bearish momentum as it retreats further from its previous highs. Traders are awaiting the daily close to confirm whether this level will hold; a failure to maintain 0.7160 would indicate a more profound bearish reversal rather than a simple corrective phase.

Today’s critical levels to watch:

Support: 0.7160, 0.7000, 0.6820, 0.6750, 0.6700, 0.6600

Resistance: 0.7300, 00.7330