USDX (USD Index)
U.S. Dollar Index is extending its bullish move strongly, gaining significant traction as buyers remain firmly in control. As mentioned before, price action might continue upward to target the 103.00 – 103.74 resistance zone. Any minor pullbacks from current levels are expected to find solid technical support around the 101.79 level to maintain the overall bullish trend structure.
EUR/USD
EUR/USD remains under persistent bearish pressure below the 1.1185 level as the pair approaches key support at 1.1120. If the 1.1120 level is broken decisively, we might see a downward continuation targeting the 1.1000 psychological mark. Any technical bounce attempt from current levels will likely face immediate resistance near the 1.1185 horizontal barrier.
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 dropped toward the 1.3300 level as downward momentum accelerated following recent moving average rejections. If there are no bullish reactions or buying pressure emerging at current levels, the pair will likely continue its downward movement to target the 1.3250 support floor next. A sustained loss of 1.3250 would open the door for a deeper leg lower toward 1.3125.
Today’s critical levels to watch:
Support: 1.3330, 1.3300, 1.3250
Resistance: 1.3450, 1.3600
USD/JPY
USD/JPY is trading higher, erasing the previous week’s drop as buyers push price action back toward upper resistance levels. Despite the recent strength, overall market structure remains tilted to the downside, and we are still looking for a bearish continuation to target a new lower swing low. Traders will monitor price behavior near key resistance tiers to confirm if the broader downtrend will resume.
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