USDX (USD Index)

U.S. Dollar Index continues hovering near the 101.79 level as price action consolidates. The market seems to be pausing for now while the midterm election is still ongoing and key job data awaits release at the end of the week. A decisive move away from 101.79 will dictate whether the index resumes its advance toward 103.00 – 103.74 or pulls back deeper.

EUR/USD

EUR/USD has mostly traded near the 1.1185 level for today as momentum remains subdued. Traders will wait for further confirmation before taking new directional positions. If buyers manage to push price action higher, the 1.1300 – 1.1360 zone will act as primary resistance, whereas failure to hold current support keeps 1.1120 in focus.

Today’s critical levels to watch:

Support: 1.1185, 1.1120

Resistance: 1.1300, 1.1360, 1.1500, 1.1580, 1.1710, 1.1820

GBP/USD

GBP/USD saw an upward attempt during session trading, but gains remain limited inside the previous day’s range. The pair currently trades between the daily SMA 200 and the 1.3450 resistance level. A sustained break above 1.3450 would confirm bullish continuation, while a daily close back below the moving average could trigger renewed selling pressure.

Today’s critical levels to watch:

Support: 1.3330, 1.3300, 1.3250

Resistance: 1.3450, 1.3600

USD/JPY

Bullish pressure has returned to USD/JPY, bringing the pair back to test the daily SMA 200 once again. It seems another test on the September–October highs could happen soon, and traders will wait for either a clear breakout or a firm rejection. Overcoming this moving average barrier will expose the 159.62 and 160.40 key resistance targets.

Today’s critical levels to watch:

Support: 155.50, 154.00, 150.00

Resistance: 158.89

AUD/USD

Today’s critical levels to watch:

Support: 0.7000, 0.6820, 0.6750, 0.6700, 0.6600

Resistance: 0.7160, 0.7300, 00.7330