DXY (US Dollar Index):
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Factors contributing to the momentum is that price is: In a bearish descending channel
Price could potentially make a bearish reaction off pivot and drop to 1st support.
PIvot: 105.92
Supporting reasons: Pullback support at the 61.80% Fibonacci Retracement level, indicating a significant level where buyers might step in to support the price, potentially providing a foundation for a bounce or temporary halt in the bearish momentum.
1st support: 104.07
Supporting reasons: Multi-swing low support, representing a level where buyers have previously intervened to support the price.
1st resistance: 106.37
Supporting reasons: Multi-swing high resistance, acting as a barrier to further upside movement within the context of the overall bearish trend.
EUR/USD:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Factors contributing to the momentum is that price is: In a bullish ascending channel
Price could potentially make a bullish bounce off pivot and head towards 1st resistance.
Pivot: 1.0680
Supporting reasons: An Overlap support, indicating a significant level where buyers might step in to support the price.
1st support: 1.0638
Supporting reasons: An Overlap support, suggesting another level where buyers have previously intervened to support the price.
1st resistance: 1.0775
Supporting reasons: Pullback resistance at the 61.80% Fibonacci Retracement level, suggesting a level where selling pressure might intensify, potentially acting as a barrier to further upside movement.
EUR/JPY:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price could potentially make a bullish bounce off pivot and head towards 1st resistance.
Pivot: 165.25
Supporting reasons: Pullback support, indicating a level where buyers might step in to support the price.
1st support: 162.11
Supporting reasons: An Overlap support, suggesting another level where buyers have previously intervened to support the price.
1st resistance: 169.36
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: Bearish
Overall momentum of the chart: Bearish
Price could potentially make a bearish break off pivot and drop towards 1st support.
Pivot: 0.8530
Supporting reasons: Pullback resistance, indicating a level where selling pressure might intensify.
1st support: 0.8487
Supporting reasons: 127.20% Fibonacci Extension, suggesting a significant level where buyers might step in to support the price.
1st resistance: 0.8586
Supporting reasons: An Overlap 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
Price could potentially make a bearish reaction off pivot and drop to 1st support.
Pivot: 1.2595
Supporting reasons: Pullback resistance, indicating a level where selling pressure might intensify.
1st support: 1.2482
Supporting reasons: An Overlap support, suggesting a level where buyers might step in to support the price.
1st resistance: 1.2693
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: Bullish
Overall momentum of the chart: Bullish
Price could potentially make a bullish bounce off pivot and head towards 1st resistance.
Pivot: 193.50
Supporting reasons: An Overlap support, indicating a level where buyers might step in to support the price.
1st support: 190.21
Supporting reasons: An Overlap support, suggesting a significant level where buyers have previously shown interest.
1st resistance: 198.02
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: Bearish
Overall momentum of the chart: Strong bearish with high confidence
Price could potentially make a bearish continuation towards 1st support.
Pivot: 0.9152
Supporting reasons: Multi-swing high resistance, indicating a significant level where selling pressure might intensify.
1st support: 0.8995
Supporting reasons: Multi-swing low support, suggesting a level where buyers might step in to support the price.
1st resistance: 0.9242
Supporting reasons: 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
Price could potentially make a bearish continuation towards 1st support.
Pivot: 160.19
Supporting reasons: Swing high resistance, coinciding with the 161.80% Fibonacci Extension level.
1st support: 151.94
Supporting reasons: Pullback support, indicating a level where buyers might step in to support the price.
1st resistance: 164.36
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: 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: 1.3715
Supporting reasons: Acts as an overlap resistance that aligns with a 38.2% Fibonacci retracement level, suggesting a significant area where selling pressures could increase.
1st support: 1.3628
Supporting reasons: Identified as an overlap support that aligns close to a 61.8% Fibonacci retracement level, suggesting an area where price has previously found strong buying interest to potentially halt any further downward movement.
1st resistance: 1.3782
Supporting reasons: Identified as a pullback resistance that aligns close to a 78.6% Fibonacci retracement level, marking a significant barrier that could cap further upward movements.
AUD/USD:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price is falling towards the pivot and could potentially make a bullish reaction off this level to rise towards the 1st resistance
Pivot: 0.6517
Supporting reasons: Acts a pullback support where price has found strong buying interests recently.
1st support: 0.6492
Supporting reasons: Acts as a pullback support that aligns close to a 38.2% Fibonacci retracement level, suggesting a significant area where price has previously found strong support and could provide a basis to halt further downward movement.
1st resistance: 0.6576
Supporting reasons: Identified as a pullback resistance that aligns close to 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 has made a bearish reaction off the pivot and could potentially drop toward the 1st support
Pivot: 0.5974
Supporting reasons: Acts an overlap resistance that aligns close to a 50% Fibonacci retracement level where price could potential stall before reversing to drop lower.
1st support: 0.5925
Supporting reasons: Acts as a pullback support that aligns close to a 38.2% Fibonacci retracement level, suggesting a potential area where price has previously found strong support and could provide a basis to halt further downward movement.
1st resistance: 0.6007
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: Neutral
Price could rise towards the pivot and potentially make a bearish reaction off this level to drop towards the 1st support
Pivot: 38,563.21
Supporting reasons: Acts as an overlap resistance that aligns close to a 50% Fibonacci retracement level, suggesting a significant area where selling pressures have increased in recent weeks.
1st support: 37,696.44
Supporting reasons: Identified as a pullback support that aligns with a 61.8% Fibonacci retracement level, suggesting a significant area where price has previously found strong buying interest and could provide a solid foundation to halt further downward movement.
1st resistance: 39,000.73
Supporting reasons: Identified as a pullback resistance that aligns with a 61.8 Fibonacci retracement level, indicating a potential barrier that could cap any upward movements.
DE40 (DAX):
Potential Direction: Bearish
Overall momentum of the chart: Neutral
Price could rise towards the pivot and potentially make a bearish reaction to drop towards the 1st support
Pivot: 18,240.10
Supporting reasons: Acts as a pullback resistance, suggesting a significant area where selling pressures have increased in recent weeks.
1st support: 17,804.20
Supporting reasons: Acts as a pullback support that aligns with a 50% Fibonacci retracement level, suggesting a significant area where price has previously found strong buying interest and could provide a solid foundation to halt further downward movement.
1st resistance: 18,396.40
Supporting reasons: Identified as a pullback resistance, potentially functioning as a barrier that could cap any upward movements.
US500 (S&P 500):
Potential Direction: Bearish
Overall momentum of the chart: Neutral
Price could rise towards the pivot and potentially make a bearish reaction to drop towards the 1st support
Pivot: 5,117.30
Supporting reasons: Acts as an overlap resistance that aligns with a 78.6% Fibonacci projection level, suggesting a significant area where selling pressures could increase.
1st support: 4,994.50
Supporting reasons: Acts as a pullback support, suggesting a significant area where price has previously found strong buying interest and could provide a solid foundation for a rebound.
1st resistance: 5,167.12
Supporting reasons: Marked by a pullback resistance that aligns with a confluence of Fibonacci levels i.e. the 61.8% retracement and the 100% projection levels, which could function as a potential barrier and cap any upward movements.
BTC/USD (Bitcoin):
Potential Direction: Bearish
Overall momentum of the chart: Neutral
Price could rise towards the pivot and potentially make a bearish reaction to drop towards the 1st support
Pivot: 64,731.74
Supporting reasons: Acts as a pullback resistance that aligns with a 50% Fibonacci retracement level, suggesting a significant area where selling pressures could increase.
1st support: 61,906.13
Supporting reasons: Acts as a pullback support that aligns close to a 78.6% Fibonacci retracement level, suggesting a significant area where price has previously found support and could provide a strong foundation to halt further downward movements.
1st resistance: 66,857.22
Supporting reasons: Marked by a pullback resistance, indicating a significant barrier that could cap further upward movements.
ETH/USD (Ethereum):
Potential Direction: Bearish
Overall momentum of the chart: Neutral
Price could rise towards the pivot and potentially make a bearish reaction to drop towards the 1st support
Pivot: 3,395.42
Supporting reasons: Acts as a pullback resistance that aligns with a 61.8% Fibonacci retracement level, suggesting a significant area where selling pressures could increase.
1st support: 3,111.04
Supporting reasons: Identified as an overlap support, suggesting a significant area where price has previously found support and could provide a strong foundation to halt further downward movements.
1st resistance: 3,583.92
Supporting reasons: Identified as a pullback resistance that aligns close to a 78.6% Fibonacci retracement level, marking a significant barrier that could cap further upward movements.
WTI/USD (Oil):
Potential Direction: Bullish
Overall momentum of the chart: Neutral
Price is falling towards the pivot and could potentially make a bullish bounce off this level to rise towards the 1st resistance
Pivot: 81.87
Supporting reasons: Acts as a pullback support that aligns with a 38.2% Fibonacci retracement level, suggesting a significant area where price has previously found support to provide a strong foundation for a potential rebound.
1st support: 80.465
Supporting reasons: Identified as an overlap support, suggesting a significant area where price has previously found strong buying interest and could provide a solid foundation to halt further downward movements.
1st resistance: 85.42
Supporting reasons: Identified as a pullback resistance that aligns with a 61.8% Fibonacci retracement level, marking a significant barrier that could cap further upward movements.
XAU/USD (GOLD):
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Price could potentially make a bearish reaction off pivot and drop to 1st support.
Pivot: 2343.25
Supporting reasons: An Overlap resistance, coinciding with the 38.20% Fibonacci Retracement level.
1st support: 2265.49
Supporting reasons: An Overlap support, indicating a level where buyers might step in to support the price.
1st resistance: 2407.00
Supporting reasons: Multi-swing high resistance, suggesting a significant level where selling pressure might intensify.
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