USDX (USD Index)
U.S. Dollar Index continues its upward momentum, climbing steadily as it approaches a test of its recent swing high around the 101.40 – 101.79 zone. The greenback maintains strong bullish momentum above the 100.67 support area. A decisive break and daily close above the current swing high will provide confirmation of a bullish trend continuation, potentially opening the path toward higher resistance levels.
EUR/USD
EUR/USD remains under broad pressure, extending its downward trajectory and recording new lower lows. The pair is drifting below the 1.1360 level with bears maintaining full control of price action. Sellers may soon sweep the key liquidity low to print new yearly lows, with the next major technical target sitting around the 1.1300 psychological support level.
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 continues to trade under bearish pressure, hovering around the 1.3250 support level below its daily SMA 200. Downward momentum remains active, testing buyers’ resolve at this current base. If selling pressure continues to push the pair lower, the next logical downside targets sit at 1.3125 and the previous key swing low near 1.3050.
Today’s critical levels to watch:
Support: 1.3250
Resistance: 1.3300, 1.3330, 1.3450, 1.3600
USD/JPY
USD/JPY experienced a clean bearish rejection off the daily SMA 200 near the 158.59–158.89 resistance area. While bearish follow-through was initiated, the pair failed to secure a lower close yesterday and is currently consolidating within yesterday’s daily range near the 23.6% Fibonacci retracement level (157.31). Despite the current pause, the overall bias remains tilted to the downside, with price expected to eventually resume its move lower toward 155.25.
Today’s critical levels to watch:
Support: 155.50, 154.00, 150.00
Resistance: 158.89
AUD/USD
AUD/USD has stabbed below the key 0.7000 psychological level, continuing its downward slope below the daily moving average. The bears remain firmly in command of the trend, and there is no strong bullish price action or rejection tail to signal a potential reversal yet. Given the lack of clear buying activity at current levels, traders are advised to stay on the sidelines until a defined reversal setup or confirmation emerges.
Today’s critical levels to watch:
Support: 0.7000, 0.6820, 0.6750, 0.6700, 0.6600
Resistance: 0.7160, 0.7300, 00.7330