USDX (USD Index)
The U.S. Dollar Index turned lower again today but continues to hover closely near the 99.00 level. Following the recent breakout attempts, it seems the consolidation phase around this key threshold will continue for now. As long as the index stays anchored near 99.00, the market remains in a waiting posture before confirming the next major leg of the bullish movement toward 100.00.
EUR/USD
EUR/USD extended its weakness toward the 1.1580 support level where it immediately encountered buying interest, showing clear bounce reactions. With this support holding for the moment, the pair might move upward to initiate a technical retest of the daily SMA 200 from below. Traders should watch this potential recovery closely, as the broader structure remains vulnerable after the recent lower swing low.
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
GBP/USD found solid structural support at the daily SMA 200, using the moving average as a launching pad to make a fresh bullish attempt at the 1.3450 resistance level. The near-term bias hinges heavily on this breakout attempt, and traders will closely observe the price reactions near 1.3450 to see if buyers can sustain a breakout or if sellers will regain control.
Today’s critical levels to watch:
Support: 1.3450, 1.3330, 1.3300, 1.3250
Resistance: 1.3600
USD/JPY
USD/JPY experienced slight bearish reactions during today’s session, though the selling pressure lacked strong follow-through. The pair continues to easily maintain its technical positioning near the recent highs, refusing to give up significant ground despite trading deep within the previous BOJ intervention territory. The slow upward grind remains intact as the market builds energy.
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 managed a quick technical recovery today; despite a bearish close below the 0.7160 level in the previous session, it immediately moved upward today and continues to stick near that line. The market is effectively neutralizing the recent breakdown attempt, leaving the pair in a tight consolidation phase right at the key support level while looking for clear directional confirmation.
Today’s critical levels to watch:
Support: 0.7160, 0.7000, 0.6820, 0.6750, 0.6700, 0.6600
Resistance: 0.7300, 00.7330