DXY (US Dollar Index):
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Price could potentially make a: Bearish reaction off pivot and drop to 1st support.
Pivot: 101.37
Supporting reasons: An Overlap resistance and 38.2% Fibonacci retracement, suggesting this level could act as a key resistance point.
1st support: 100.24
Supporting reasons: Swing low support, indicating a potential support level where the price might find buying interest.
1st resistance: 102.16
Supporting reasons: Pullback resistance and 61.8% Fibonacci retracement, marking a significant resistance level if the price attempts to rise.
EUR/USD:
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Price could potentially make a: Bearish reaction off pivot and drop to 1st support.
Pivot: 1.1201
Supporting reasons: Multi-swing high resistance, suggesting this level could act as a significant resistance point.
1st support: 1.1072
Supporting reasons: An Overlap support and 61.80% Fibonacci Retracement, indicating a potential support level if the price declines.
1st resistance: 1.1273
Supporting reasons: 161.80% Fibonacci Extension, marking a level where the price might face resistance if it rises.
EUR/JPY:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price could potentially make a: Bullish continuation towards 1st resistance.
Pivot: 161.03
Supporting reasons: An Overlap support, indicating a potential level where the price might find support and reverse upwards.
1st support: 158.55
Supporting reasons: An Overlap support, suggesting this level could provide additional support if the price falls.
1st resistance: 163.85
Supporting reasons: Swing high resistance and 78.60% Fibonacci Projection, marking a potential resistance level where the price might encounter selling pressure.
EUR/GBP:
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Price could potentially make a: Bearish reaction off pivot and drop to 1st support.
Pivot: 0.8385
Supporting reasons: Pullback resistance and 50% Fibonacci Retracement, suggesting this level might act as a resistance where the price could face downward pressure.
1st support: 0.8321
Supporting reasons: Swing low support, indicating this level could provide a point of support if the price continues to drop.
1st resistance: 0.8453
Supporting reasons: An Overlap resistance, implying that this level might act as a significant resistance if the price attempts to rise.
GBP/USD:
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Price could potentially make a: Bearish continuation towards 1st support.
Pivot: 1.3429
Supporting reasons: Swing high resistance and 161.80% Fibonacci Extension, indicating a strong resistance level where the price might face selling pressure.
1st support: 1.3262
Supporting reasons: An Overlap support, suggesting this level could provide a point of support if the price declines.
1st resistance: 1.3506
Supporting reasons: 161.80% Fibonacci Extension, marking a significant resistance level where the price might struggle to move higher.
GBP/JPY:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price could potentially make a: Bullish continuation towards 1st resistance.
Pivot: 193.30
Supporting reasons: Pullback support, indicating this level could act as a support where the price might find buying interest.
1st support: 190.51
Supporting reasons: An Overlap support, suggesting this level might offer further support if the price retraces.
1st resistance: 195.96
Supporting reasons: Pullback resistance and 127.20% Fibonacci Extension, marking a key resistance level where the price might face upward pressure.
USD/CHF:
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Price could potentially make a: Bearish reaction off pivot and drop to 1st support.
Pivot: 0.8564
Supporting reasons: Pullback resistance, 50% Fibonacci Retracement, and 161.80% Fibonacci Extension, indicating Fibonacci confluence suggesting this level might act as a significant resistance.
1st support: 0.8402
Supporting reasons: Multi-swing low support, providing a potential area where the price could find support if it falls below the pivot.
1st resistance: 0.8692
Supporting reasons: An Overlap resistance, marking a level where the price could encounter resistance if it rises.
USD/JPY:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price could potentially make a: Bullish continuation towards 1st resistance.
Pivot: 144.32
Supporting reasons: An Overlap support, suggesting this level could act as a strong support where the price might bounce.
1st support: 142.81
Supporting reasons: An Overlap support, indicating this level might provide additional support if the price retraces.
1st resistance: 146.68
Supporting reasons: Pullback resistance and 78.60% Fibonacci Projection, marking a significant resistance level where the price could face upward pressure.
USD/CAD:
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Price is trading close to the pivot and could potentially bearish reversal off this level to fall towards the 1st support.
Pivot: 1.3492
Supporting reasons: Identified as an overlap resistance that aligns close to a 38.2% Fibonacci retracement, suggesting a potential area where selling pressures could intensify to resume the downtrend.
1st support: 1.3419
Supporting reasons: Identified as a swing-low support that aligns with a 127.2% Fibonacci extension, indicating a key level where price has found support recently.
1st resistance: 1.3545
Supporting reasons: Identified as an overlap resistance that aligns close to a 50% Fibonacci retracement, indicating a potential area that could halt any further upward movement.
AUD/USD:
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Price has made a bearish reversal off the pivot and could potentially fall towards the 1st support.
Pivot: 0.6897
Supporting reasons: Identified as a multi-swing-high resistance that aligns with a 61.8% Fibonacci projection, indicating a potential level where selling pressures could intensify.
1st support: 0.6794
Supporting reasons: Identified as an overlap support that aligns with a 38.2% Fibonacci retracement, indicating a key level where price has found support recently.
1st resistance: 0.6943
Supporting reasons: Identified as a resistance that aligns with a 100% Fibonacci projection, indicating a potential area that could halt any further upward movement.
NZD/USD
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price is falling towards the pivot and could potentially make a bullish bounce off this level to rise towards the 1st resistance.
Pivot: 0.6254
Supporting reasons: Identified as an overlap support that aligns close to a 38.2% Fibonacci retracement, suggesting a potential area where buying interests could pick up to stage a rebound.
1st support: 0.6175
Supporting reasons: Identified as a pullback support, indicating a potential level where price has found support in the past.
1st resistance: 0.6353
Supporting reasons: Identified as a swing-high resistance that aligns with a 78.6% Fibonacci projection, indicating a potential area that could halt any further upward movement.
US30 (DJIA):
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price could fall towards the pivot and potentially make a bullish bounce off this level to rise towards the 1st resistance.
Pivot: 41,855.66
Supporting reasons: Identified as an overlap support that aligns close to a 23.6% Fibonacci retracement, suggesting a potential area where buying interests could pick up to resume the uptrend.
1st support: 41,590.34
Supporting reasons: Identified as an overlap support that aligns close to a 38.2% Fibonacci retracement, indicating a potential level where price could find support.
1st resistance: 42,596.32
Supporting reasons: Identified as a resistance that aligns with a confluence of Fibonacci levels i.e. the 78.6% projection and the 161.8% extension, indicating a potential area that could halt any further upward movement.
DE40 (DAX):
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price could fall towards the pivot and potentially make a bullish bounce off this level to rise towards the 1st resistance.
Pivot: 19,049.50
Supporting reasons: Identified as a pullback support that aligns with a 23.6% Fibonacci retracement, suggesting a potential area where buying interests could pick up to resume the uptrend.
1st support: 18,653.80
Supporting reasons: Identified as an overlap support that aligns close to a 61.8% Fibonacci retracement, indicating a key level where price has found support recently.
1st resistance: 19,541.68
Supporting reasons: Identified as a resistance that aligns with a confluence of Fibonacci levels i.e. the 100% projection and the 161.8% extension, indicating a potential area that could halt any further upward movement.
US500 (S&P 500):
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price could fall towards the pivot and potentially make a bullish bounce off this level to rise towards the 1st resistance.
Pivot: 5,691.50
Supporting reasons: Identified as an overlap support that aligns close to a 23.6% Fibonacci retracement, suggesting a potential area where buying interests could pick up to resume the uptrend.
1st support: 5,622.40
Supporting reasons: Identified as a pullback support that aligns with a 38.2% Fibonacci retracement, indicating a potential level where price could find support.
1st resistance: 5,831.35
Supporting reasons: Identified as a resistance that aligns with a confluence of Fibonacci levels i.e. the 78.6% projection and the 161.8% extension, indicating a potential area that could halt any further upward movement.
BTC/USD (Bitcoin):
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price could fall towards the pivot and potentially make a bullish bounce off this level to rise towards the 1st resistance.
Pivot: 64,376.72
Supporting reasons: Identified as a pullback support, suggesting a potential level where buying interests could pick up to resume the uptrend.
1st support: 62,723.05
Supporting reasons: Identified as an overlap support that aligns with a 23.6% Fibonacci retracement level, indicating a potential level where price has found support recently.
1st resistance: 67,547.99
Supporting reasons: Identified as a pullback resistance, indicating a potential area that could halt any further upward movement.
ETH/USD (Ethereum):
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price is falling towards the pivot and could potentially make a bullish bounce off this level to rise towards the 1st resistance.
Pivot: 2,575.58
Supporting reasons: Identified as an overlap support that aligns with a 23.6% Fibonacci retracement, suggesting a potential level where buying interests could pick up to resume the uptrend.
1st support: 2,457.10
Supporting reasons: Identified as a pullback support that aligns close to a 50% Fibonacci retracement, indicating a potential level where price could find support.
1st resistance: 2,678.22
Supporting reasons: Identified as an overlap resistance that aligns with a 78.6% Fibonacci retracement, indicating a potential area that could halt any further upward movement.
WTI/USD (Oil):
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Price is trading close to the pivot and could potentially make a bearish break below this level to fall towards the 1st support.
Pivot: 68.13
Supporting reasons: Identified as an overlap support that could now be broken due to the strong bearish momentum.
1st support: 66.04
Supporting reasons: Identified as a swing-low support that aligns close to a 61.8% Fibonacci projection, indicating a key level where price has found support in the past.
1st resistance: 69.89
Supporting reasons: Identified as a pullback resistance, indicating a potential area that could halt any further upward movement.
XAU/USD (GOLD):
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Price could potentially make a: Bearish continuation towards 1st support.
Pivot: 2685.56
Supporting reasons: Swing high resistance and 161.80% Fibonacci Extension, indicating this level could act as a significant resistance point.
1st support: 2632.59
Supporting reasons: Pullback support and 23.60% Fibonacci Retracement, suggesting this level may provide strong support if the price declines.
1st resistance: 2715.19
Supporting reasons: 100% Fibonacci Projection, marking a notable resistance level where the price might encounter upward pressure.
The accuracy, completeness and timeliness of the information contained on this site cannot be guaranteed. IC Markets does not warranty, guarantee or make any representations, or assume any liability regarding financial results based on the use of the information in the site.
News, views, opinions, recommendations and other information obtained from sources outside of www.icmarkets.com, used in this site are believed to be reliable, but we cannot guarantee their accuracy or completeness. All such information is subject to change at any time without notice. IC Markets assumes no responsibility for the content of any linked site.
The fact that such links may exist does not indicate approval or endorsement of any material contained on any linked site. IC Markets is not liable for any harm caused by the transmission, through accessing the services or information on this site, of a computer virus, or other computer code or programming device that might be used to access, delete, damage, disable, disrupt or otherwise impede in any manner, the operation of the site or of any user’s software, hardware, data or property.
