DXY (US Dollar Index):
Potential Direction: Bullish
Overall momentum of the chart: Bearish
Price could fall toward the pivot and potentially make a bullish bounce off this level to rise toward the 1st resistance.
Pivot: 97.78
Supporting reasons: Identified as a pullback support that aligns close to the 61.8% Fibonacci projection, indicating a potential area where buying interests could pick up to stage a rebound.
1st support: 95.22
Supporting reasons: Identified as an overlap support that aligns close to the 100% Fibonacci projection, indicating a potential area where the price could stabilize once again.
1st resistance: 101.81
Supporting reasons: Identified as an overlap resistance, indicating a potential level that could cap further upward movement.
EUR/USD:
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Price could rise toward the pivot and potentially make a bearish reversal off this level to fall toward the 1st support.
Pivot: 1.1690
Supporting reasons: Identified as a pullback resistance that aligns close to the 127.2% Fibonacci extension and the 78.6% Fibonacci projection, indicating a potential area where selling pressures could intensify.
1st support: 1.1194
Supporting reasons: Identified as a pullback support, indicating a potential area where the price could stabilize once more.
1st resistance: 1.1910
Supporting reasons: Identified as a pullback resistance that aligns close to the 100% Fibonacci projection, indicating a potential area that could halt any further upward movement.
EUR/JPY:
Potential Direction: Bullish
Overall momentum of the chart: Bearish
Price could fall toward the pivot and potentially make a bullish bounce off this level to rise toward the 1st resistance.
Pivot: 160.68
Supporting reasons: Identified as a pullback support that aligns close to the 61.8% Fibonacci retracement, indicating a potential area where buying interests could pick up to stage a rebound.
1st support: 158.41
Supporting reasons: Identified as a swing low support, indicating a potential area where the price could stabilize once again.
1st resistance: 164.89
Supporting reasons: Identified as a swing-high resistance, indicating a potential area that could halt any further upward movement.
EUR/GBP:
Potential Direction: Bullish
Overall momentum of the chart: Bearish
Price could fall toward the pivot and potentially make a bullish bounce off this level to rise toward the 1st resistance.
Pivot: 0.8359
Supporting reasons: Identified as a pullback support that aligns close to the 161.8% Fibonacci extension, indicating a potential area where buying interests could pick up to stage a rebound.
1st support: 0.8300
Supporting reasons: Identified as a pullback support, indicating a potential area where the price could stabilize once more.
1st resistance: 0.8450
Supporting reasons: Identified as an overlap resistance, indicating a potential level that could cap further upward movement.
GBP/USD:
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Price could rise toward the pivot and potentially make a bearish reversal off this level to pull back toward the 1st support.
Pivot: 1.3640
Supporting reasons: Identified as a multi-swing-high resistance that aligns with a 161.8% Fibonacci extension and the 61.8% Fibonacci projection, indicating a potential area where selling pressures could intensify.
1st support: 1.345
Supporting reasons: Identified as a pullback support, indicating a potential area where the price could stabilize once more.
1st resistance: 1.3747
Supporting reasons: Identified as a resistance that aligns with the 78.6% Fibonacci projection, indicating a potential level that could cap further upward movement.
GBP/JPY:
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Price could make a bearish reversal off the pivot and fall toward the 1st support
Pivot: 193.35
Supporting reasons: Identified as a pullback resistance, indicating a potential area where selling pressures could intensify
1st support: 189.48
Supporting reasons: Identified as a pullback support that aligns close to the 61.8% Fibonacci retracement, indicating a potential level where the price could stabilize once more.
1st resistance: 196.27
Supporting reasons: Identified as a swing high resistance, indicating a potential level that could cap further upward movement.
USD/CHF:
Potential Direction: Bullish
Overall momentum of the chart: Bearish
Price could fall toward the pivot and potentially make a bullish bounce off this level to rise toward the 1st resistance.
Pivot: 0.8079
Supporting reasons: Identified as a swing low support, indicating a potential area where buying interests could pick up to stage a rebound.
1st support: 0.7803
Supporting reasons: Identified as a multi-swing-low support that aligns close to the 61.8% Fibonacci projection and the 161.8% Fibonacci extension, indicating a potential level where the price could stabilize once again.
1st resistance: 0.8462
Supporting reasons: Identified as an overlap resistance, indicating a potential level that could cap further upward movement.
USD/JPY:
Potential Direction: Bullish
Overall momentum of the chart: Bearish
Price could fall toward the pivot and potentially make a bullish bounce off this level to rise toward the 1st resistance.
Pivot: 140.70
Supporting reasons: Identified as an overlap support that aligns close to the 78.6% Fibonacci projection, indicating a potential area where buying interests could pick up to stage a rebound.
1st support: 137.16
Supporting reasons: Identified as a swing-low support that aligns close to the 100% Fibonacci projection, suggesting a potential area where the price could stabilize once more.
1st resistance: 145.54
Supporting reasons: Identified as a pullback resistance, indicating a potential level that could cap further upward movement.
USD/CAD:
Potential Direction: Bullish
Overall momentum of the chart: Bearish
Price is falling toward the pivot and could potentially make a bullish bounce off this level to rise toward the 1st resistance.
Pivot: 1.3600
Supporting reasons: Identified as an overlap support that aligns with a 161.8% Fibonacci extension, indicating a potential area where buying interests could pick up to stage a rebound.
1st support: 1.3441
Supporting reasons: Identified as a multi-swing-low support that aligns close to a 78.6% Fibonacci projection, indicating a key level where the price could stabilize once more.
1st resistance: 1.3881
Supporting reasons: Identified as an overlap resistance, indicating a potential area that could halt any further upward movement. The presence of the red Ichimoku Cloud adds further significance to the strength of this resistance zone.
AUD/USD:
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Price is rising toward the pivot and could potentially make a bearish reversal off this level to pullback toward the 1st support.
Pivot: 0.6560
Supporting reasons: Identified as an overlap resistance that aligns with a 61.8% Fibonacci retracement, indicating a potential area where selling pressures could intensify.
1st support: 0.6352
Supporting reasons: Identified as a multi-swing-low support, suggesting a potential area where the price could stabilize once again.
1st resistance: 0.6680
Supporting reasons: Identified as a swing-high resistance, indicating a potential area that could halt any further upward movement.
NZD/USD
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Price is rising toward the pivot and could potentially make a bearish reversal off this level to pullback toward the 1st support.
Pivot: 0.6025
Supporting reasons: Identified as a multi-swing-high resistance that aligns with a 61.8% Fibonacci retracement, indicating a potential area where selling pressures could intensify.
1st support: 0.5846
Supporting reasons: Identified as a swing-low support, suggesting a potential area where the price could stabilize once more.
1st resistance: 0.6130
Supporting reasons: Identified as a pullback resistance, 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 toward the pivot and potentially make a bullish bounce off this level to rise toward the 1st resistance.
Pivot: 41,374.60
Supporting reasons: Identified as an overlap support that aligns with a 23.6% Fibonacci retracement, indicating a potential area where buying interests could pick up to stage a rebound.
1st support: 39,617.40
Supporting reasons: Identified as a pullback support that aligns with a 50% Fibonacci retracement, suggesting a potential area where the price could stabilize once again.
1st resistance: 43,330.76
Supporting reasons: Identified as an overlap resistance that aligns close to a 78.6% Fibonacci retracement, 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 toward the pivot and potentially make a bullish bounce off this level to rise toward the 1st resistance.
Pivot: 23,392.47
Supporting reasons: Identified as an overlap support, indicating a potential area where buying interests could pick up to resume the uptrend. The presence of the green Ichimoku Cloud adds further significance to the strength of the bullish momentum.
1st support: 22,533.30
Supporting reasons: Identified as a pullback support, indicating a key level where the price could stabilize once more.
1st resistance: 24,749.87
Supporting reasons: Identified as a resistance that aligns with a 127.2% Fibonacci 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 toward the pivot and potentially make a bullish bounce off this level to rise toward the 1st resistance.
Pivot: 5,782.17
Supporting reasons: Identified as an overlap support that aligns with a 23.6% Fibonacci retracement, indicating a potential area where buying interests could pick up to resume the uptrend. The presence of the green Ichimoku Cloud adds further significance to the strength of the bullish momentum.
1st support: 5,521.45
Supporting reasons: Identified as a pullback support that aligns with a 50% Fibonacci retracement, indicating a potential level where the price could stabilize once again.
1st resistance: 6,136.80
Supporting reasons: Identified as a swing-high resistance that aligns close to the all-time high, 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 toward the pivot and potentially make a bullish bounce off this level to rise toward the 1st resistance.
Pivot: 106,444.58
Supporting reasons: Identified as an overlap support, indicating a potential area where buying interests could pick up to resume the uptrend. The presence of the green Ichimoku Cloud adds further significance to the strength of the bullish momentum.
1st support: 101,963.41
Supporting reasons: Identified as an overlap support that aligns close to a 23.6% Fibonacci retracement, indicating a potential level where the price could stabilize once more.
1st resistance: 113,594.81
Supporting reasons: Identified as a resistance that aligns with a 61.8% Fibonacci projection, indicating a potential area that could halt any further upward movement.
ETH/USD (Ethereum):
Potential Direction: Bearish
Overall momentum of the chart: Neutral
Price is rising toward the pivot and could potentially make a bearish reversal off this level to fall toward the 1st support.
Pivot: 2,796.31
Supporting reasons: Identified as a multi-swing-high resistance that aligns close to a 50% Fibonacci retracement, indicating a potential area where selling pressures could intensify.
1st support: 2,094.10
Supporting reasons: Identified as an overlap support that aligns close to a 50% Fibonacci retracement, indicating a potential level where the price could stabilize once again.
1st resistance: 3,033.34
Supporting reasons: Identified as an overlap resistance that aligns close to a 61.8% Fibonacci retracement, indicating a potential area that could halt any further upward movement.
WTI/USD (Oil):
Potential Direction: Bearish
Overall momentum of the chart: Neutral
Price could rise toward the pivot and potentially make a bearish reversal off this level to fall toward the 1st support.
Pivot: 65.68
Supporting reasons: Identified as a pullback resistance that aligns with a 61.8% Fibonacci retracement, indicating a potential area where selling pressures could intensify. The presence of the red Ichimoku Cloud adds further significance to the strength of the bearish momentum.
1st support: 55.90
Supporting reasons: Identified as a multi-swing-low support, indicating a key level where the price could stabilize once more.
1st resistance: 71.18
Supporting reasons: Identified as a -swing-high resistance that aligns with a 61.8% Fibonacci retracement, 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 rise toward the pivot and potentially make a bearish reversal off this level to fall toward the 1st support.
Pivot: 34378.37
Supporting reasons: Identified as a swing high resistance, indicating a potential area where selling pressures could intensify.
1st support: 3166.90
Supporting reasons: Identified as an overlap support, acting as a potential level where price could stabilize once again.
1st resistance: 3522.49
Supporting reasons: Identified as a resistance that aligns with the 127.2% Fibonacci extension, indicating a potential area that could halt any further upward movement.
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.au, 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.
