DXY (US Dollar Index):
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Factors contributing to the momentum are that the price is in a bullish ascending channel.
Price could potentially make a bullish bounce off pivot and head towards 1st resistance.
Pivot: 104.99
Supporting reasons: An Overlap support, coinciding with the 61.80% Fibonacci Projection.
1st support: 104.03
Supporting reasons: Swing low support, indicating a level where buyers might step in to support the price.
1st resistance: 106.48
Supporting reasons: Multi-swing high resistance, suggesting a significant level where selling pressure might intensify, also coinciding with the 161.80% Fibonacci Extension.
EUR/USD:
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Factors contributing to the momentum are that the price is below the bearish Ichimoku cloud.
Price could potentially make a bearish reaction off pivot and drop to 1st support.
Pivot: 1.0798
Supporting reasons: An Overlap resistance, indicating a significant level where selling pressure might intensify.
1st support: 1.0728
Supporting reasons: An Overlap support, suggesting a level where buyers might step in to support the price.
1st resistance: 1.0857
Supporting reasons: An Overlap resistance, coinciding with the 61.80% Fibonacci Retracement level, which could act as a barrier to further upside movement.
EUR/JPY:
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Price could potentially make a bearish reaction off pivot and drop to 1st support.
Pivot: 169.28
Supporting reasons: An Overlap resistance, indicating a significant level where selling pressure might intensify.
1st support: 164.50
Supporting reasons: Swing low support, suggesting a level where buyers might step in to support the price.
1st resistance: 171.62
Supporting reasons: Swing high resistance, representing a level where selling pressure might increase, potentially acting as a barrier to further upside movement.
EUR/GBP:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price could potentially make a bullish bounce off pivot and head towards 1st resistance.
Pivot: 0.8582
Supporting reasons: Pullback support, suggesting a level where buyers might enter the market.
1st support: 0.8528
Supporting reasons: Multi-swing low support, indicating a level where buying interest has previously been strong.
1st resistance: 0.8644
Supporting reasons: Swing high resistance, representing a level where selling pressure might increase, potentially acting as a barrier to further upside movement.
GBP/USD:
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Factors contributing to the momentum: Price is below the bearish Ichimoku cloud.
Price could potentially make a bearish reaction off pivot and drop to 1st support.
Pivot: 1.2564
Supporting reasons: Multi-swing high resistance, indicating a significant level where selling pressure might intensify.
1st support: 1.2455
Supporting reasons: An Overlap support, suggesting a level where buying interest could emerge.
1st resistance: 1.2710
Supporting reasons: An Overlap resistance, representing a level where selling pressure might increase, potentially acting as a barrier to further upside movement.
GBP/JPY:
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Price could potentially make a bearish reaction off pivot and drop to 1st support.
Pivot: 196.19
Supporting reasons: Pullback resistance, coinciding with the 50% Fibonacci Retracement level, indicating a potential area of selling pressure.
1st support: 191.83
Supporting reasons: Swing low support, suggesting a level where buyers might step in to support the price.
1st resistance: 200.60
Supporting reasons: Swing high resistance, representing a level where selling pressure might increase, potentially acting as a barrier to further upside movement.
USD/CHF:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Factors contributing to the momentum is that price is: Above the bullish Ichimoku cloud
Price could potentially make a bullish bounce off pivot and head towards 1st resistance.
Pivot: 0.8997
Supporting reasons: Multi-swing low support, indicating a level where buyers might be interested in entering the market.
1st support: 0.8898
Supporting reasons: Pullback support, suggesting a level where buyers could potentially step in to support the price.
1st resistance: 0.9214
Supporting reasons: Multi-swing high resistance, representing a level where selling pressure might increase, potentially acting as a barrier to further upside movement.
USD/JPY:
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Factors contributing to the momentum is that price is: Within the bullish Ichimoku cloud
Price could potentially make a bearish reaction off pivot and drop to 1st support.
Pivot: 156.26
Supporting reasons: Pullback resistance, indicating a level where selling pressure might intensify.
1st support: 151.77
Supporting reasons: An Overlap support, suggesting a level where buyers might step in to support the price.
1st resistance: 158.48
Supporting reasons: Swing high resistance, representing a level where selling pressure might increase, potentially acting as a barrier to further upside movement.
USD/CAD:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price has made a bullish reaction off the pivot and could potentially rise towards the 1st resistance.
Pivot: 1.3630
Supporting reasons: Acts as an overlap support, suggesting a significant area where buying interests have increased recently.
1st support: 1.3435
Supporting reasons: Identified as a pullback support that aligns with a 61.8% Fibonacci retracement level, suggesting an area where price could find strong buying interests to potentially halt any further downward movement.
1st resistance: 1.3828
Supporting reasons: Identified as a pullback resistance, marking a significant barrier that could cap further upward movements.
AUD/USD:
Potential Direction: Bearish
Overall momentum of the chart: Neutral
Price could rise towards the pivot and potentially make a bearish reaction off this level to drop towards the 1st support.
Pivot: 0.6626
Supporting reasons: Acts as a pullback resistance that aligns with a 50% Fibonacci retracement level, suggesting an area where selling pressures have intensified recently.
1st support: 0.6471
Supporting reasons: Acts as a pullback support that aligns with a 61.8% Fibonacci retracement level, suggesting a significant area where price has found strong support in the past to provide a basis to halt further downward movement.
1st resistance: 0.6762
Supporting reasons: Identified as a pullback resistance that aligns with a 78.6% Fibonacci retracement level, marking a barrier that has previously capped upward movements.
NZD/USD
Potential Direction: Bearish
Overall momentum of the chart: Neutral
Price could rise towards the pivot and potentially make a bearish reaction off this level to drop towards the 1st support.
Pivot: 0.6059
Supporting reasons: Acts as a pullback resistance that align close to a 61.8% Fibonacci retracement level, suggesting an area where selling pressures have intensified recently.
1st support: 0.5872
Supporting reasons: Acts as a pullback support, suggesting a potential area where price has found strong support in the past to provide a basis to halt further downward movement.
1st resistance: 0.6197
Supporting reasons: Identified as a pullback resistance, marking a barrier that has previously capped upward movements.
US30 (DJIA):
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Price is rising towards the pivot and could potentially make a bearish reaction off this level to drop towards the 1st support.
Pivot: 39,862.17
Supporting reasons: Identified as a ppullback resistance that aligns close to the all-time high.
1st support: 38,560.25
Supporting reasons: Identified as an overlap support, suggesting a significant area where price could find strong buying interest to could provide a solid foundation to halt further downward movement.
1st resistance: 40,802.68
Supporting reasons: Identified as a resistance that aligns with a 127.2% Fibonacci extension level, indicating a potential barrier that could cap any upward movements.
DE40 (DAX):
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Price is rising towards the pivot and could potentially make a bearish reaction off this level to drop towards the 1st support.
Pivot: 18,894.01
Supporting reasons: Identified as a resistance that aligns with a 127.2% Fibonacci extension level.
1st support: 18,534.90
Supporting reasons: Acts as a pullback support, suggesting an area where buying interests could pick up to halt further downward movement.
1st resistance: 19,305.62
Supporting reasons: Identified as a resistance that aligns with a 161.8% Fibonacci extension level, potentially functioning as a barrier that could cap any upward movements.
US500 (S&P 500):
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Price is rising towards the pivot and could potentially make a bearish reaction off this level to drop towards the 1st support.
Pivot: 5,263.47
Supporting reasons: Identified as a pullback resistance that aligns close to the all-time high.
1st support: 5,117.70
Supporting reasons: Acts as an overlap support, suggesting a significant area where buying interests could increase for a potential rebound in price.
1st resistance: 5,381.06
Supporting reasons: Acts as resistance that aligns with a 127.2% Fibonacci extension level, suggesting a significant area where selling pressures could intensify.
BTC/USD (Bitcoin):
Potential Direction: Bullish
Overall momentum of the chart: Neutral
Price is falling towards the pivot and could potentially make a bullish reaction off this level to rise towards the 1st resistance.
Pivot: 58,252.12
Supporting reasons: Identified as a pullback support that aligns close to a 50% Fibonacci retracement level, suggesting an area where buying interests could increase.
1st support: 50,744.70
Supporting reasons: Acts as an overlap support that aligns close to a 61.8% Fibonacci retracement level, suggesting an area where buying interests could pick up to halt further downward movements.
1st resistance: 66,836.40
Supporting reasons: Marked by a pullback resistance that aligns close to a 61.8% Fibonacci retracement level, indicating a significant barrier that could cap further upward movements.
ETH/USD (Ethereum):
Potential Direction: Bullish
Overall momentum of the chart: Bearish
Price is trading close to the pivot and could potentially make a bullish reaction off this level to rise towards the 1st resistance.
Pivot: 2,924.71
Supporting reasons: Acts as a pullback support that aligns with a 61.8% Fibonacci retracement level, suggesting a significant area where buying interests could increase.
1st support: 2,602.49
Supporting reasons: Identified as a pullback support that aligns with a 78.6% Fibonacci retracement level, suggesting a significant area which could provide a strong foundation to halt further downward movements.
1st resistance: 3,283.31
Supporting reasons: Identified as an overlap resistance that aligns with a 50% Fibonacci retracement level, marking a significant barrier that could cap further upward movements.
WTI/USD (Oil):
Potential Direction: Bullish
Overall momentum of the chart: Bearish
Price is trading close to the pivot and could potentially make a bullish reaction off this level to rise towards the 1st resistance.
Pivot: 77.77
Supporting reasons: Acts as a pullback support that aligns with a 50% Fibonacci retracement level, suggesting a significant area where buying interests have increased recently.
1st support: 72.31
Supporting reasons: Identified as a pullback support that aligns with a 78.6% Fibonacci retracement level, suggesting a significant area where price has previously found strong buying interest recently and could provide a solid foundation to halt further downward movements.
1st resistance: 82.60
Supporting reasons: Identified as a pullback resistance that aligns with a 50% Fibonacci retracement level, marking a significant barrier that could cap further upward movements.
XAU/USD (GOLD):
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Price could potentially make a bearish reaction off pivot and drop to 1st support.
Pivot: 2361.00
Supporting reasons: An Overlap resistance combined with the 61.80% Fibonacci Retracement, indicating a significant level where selling pressure might intensify.
1st support: 2285.61
Supporting reasons: Multi-swing low support, suggesting a level where buyers might step in to support the price.
1st resistance: 2432.67
Supporting reasons: Swing high resistance, representing a level where selling pressure might increase, potentially acting as a barrier to further upside movement.
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