USDX (USD Index)
U.S. Dollar Index is experiencing a slight loss in momentum following its recent upward move, despite holding above the critical 100.00 psychological level. If the index fails to sustain its trajectory and generate follow-through buying, price action risks a corrective pullback toward lower support near 98.97, where the 200-day SMA resides. A decisive break above immediate overhead resistance at 100.67 remains necessary to solidify buyer dominance and open the door toward 101.79.
EUR/USD
EUR/USD pair is attempting to stabilize near the pivotal 1.1500 mark as downward pressure eases post-FOMC. While buyers managed a recovery attempt back toward 1.1500, price action currently faces rejection at that level. A sustained daily close above 1.1500 could catalyze a broader recovery toward 1.1605 and the 200-day SMA near 1.1670, whereas a breakdown below the 1.1446 support zone would expose downside risks toward 1.1360.
Today’s critical levels to watch:
Support: 1.1360, 1.1300
Resistance: 1.1500, 1.1580, 1.1710, 1.1820, 1.2000, 1.2070
GBP/USD
GBP/USD is consolidating inside its prior trading range, establishing a technical support base near 1.3330. As long as this support cluster holds, buyers may attempt a corrective bounce toward the daily 200-day SMA near 1.3400 and higher resistance at 1.3450. However, a breakdown below 1.3330 would signal extended selling pressure, pushing price action lower toward the 1.3250 area.
Today’s critical levels to watch:
Support: 1.3330, 1.3300, 1.3250
Resistance: 1.3450, 1.3600
USD/JPY
USD/JPY remains in a corrective phase following an early intraday impulse toward 158.00 that surrendered roughly half of its gains, forming an upper shadow that reflects emerging resistance. Price action is testing immediate resistance around 157.31 before key overhead levels at 158.59. A sustained push lower back toward the 155.80–156.00 region will offer technical confirmation for a bearish continuation toward primary support at 155.25 and 153.56.
Today’s critical levels to watch:
Support: 155.50, 154.00, 150.00
Resistance: 158.89
AUD/USD
AUD/USD is attempting a short-term recovery, extending price action higher toward key overhead horizontal resistance at 0.7160. A daily close above 0.7160 would reclaim higher territory and open the path toward 0.7200. Conversely, if sellers regain control before a breakout occurs, the 0.7000 handle—which coincides with the daily 200-day SMA—will serve as the primary downside target to keep the broader trend intact.
Today’s critical levels to watch:
Support: 0.7000, 0.6820, 0.6750, 0.6700, 0.6600
Resistance: 0.7160, 0.7300, 00.7330