DXY (US Dollar Index):
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price could potentially make a bullish bounce off the pivot and rise toward the 1st resistance
Pivot: 107.56
Supporting reasons: Identified as a pullback support, indicating a potential area where buying pressures could intensify.
1st support: 106.78
Supporting reasons: Identified as an overlap support, indicating a potential level where price could find support once more.
1st resistance: 108.78
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.
EUR/USD:
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Price could potentially make a bearish reaction off the pivot and drop toward the 1st support
Pivot: 1.0450
Supporting reasons: Identified as a pullback resistance, indicating a potential area where selling pressures could intensify.
1st support: 1.0333
Supporting reasons: Identified as a swing low support, indicating a potential level where price could find support once more.
1st resistance: 1.0606
Supporting reasons: Identified as an overlap resistance, indicating a potential area that could halt any further upward movement.
EUR/JPY:
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Price could potentially make a bearish reaction off the pivot and drop toward the 1st support
Pivot: 163.43.
Supporting reasons: Identified as an overlap resistance that aligns with the 127.2% Fibonacci retracement, indicating a potential area where selling pressures could intensify
1st support: 160.53
Supporting reasons: Identified as a pullback support, indicating a potential level where price could find support once more.
1st resistance: 164.94
Supporting reasons: Identified as an overlap 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 potentially make a bullish bounce the pivot and rise toward the 1st resistance
Pivot: 0.8270
Supporting reasons: Identified as a pullback support, indicating a potential area where buying pressures could intensify
1st support: 0.8224
Supporting reasons: Identified as a swing low support, indicating a potential level where price could find support once more.
1st resistance: 0.8325
Supporting reasons: Identified as a swing high resistance, indicating a potential area that could halt any further upward movement.
GBP/USD:
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Price could potentially make a bearish reaction off the pivot and drop toward the 1st support
Pivot: 1.2616
Supporting reasons: Identified as a pullback resistance, indicating a potential area where selling pressures could intensify
1st support: 1.2488
Supporting reasons: Identified as a swing low support, indicating a potential level where price could find support once more.
1st resistance: 1.2719
Supporting reasons: Identified as an overlap resistance, indicating a potential area that could halt any further upward movement.
GBP/JPY:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price could potentially make a bullish bounce off the pivot and rise toward the 1st resistance
Pivot: 195.84
Supporting reasons: Identified as a pullback support, indicating a potential area where buying pressures could intensify.
1st support: 193.17
Supporting reasons: Identified as an overlap support, indicating a key level where price could find support once more.
1st resistance: 199.55
Supporting reasons: Identified as a swing high resistance close to the 78.6% Fibonacci projection, indicating a potential area that could halt any further upward movement.
USD/CHF:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price could potentially make a bullish bounce the pivot and rise toward the 1st resistance
Pivot: 0.8974
Supporting reasons: Identified as an overlap support, indicating a potential area where buying pressures could intensify.
1st support: 0.8909
Supporting reasons: Identified as an overlap support, indicating a potential level where price could find support once more.
1st resistance: 0.9074
Supporting reasons: Identified a resistance that aligns with the 61.8% Fibonacci projection, indicating a potential area that could halt any further upward movement.
USD/JPY:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price could potentially make a bullish continuation toward the 1st resistance
Pivot: 156.57
Supporting reasons: Identified as a pullback support, indicating a potential area where buying pressures could intensify.
1st support: 154.90
Supporting reasons: Identified as a pullback support, indicating a potential level where price could find support once again.
1st resistance: 159.04
Supporting reasons: Identified as a resistance that aligns with the 100% Fibonacci projection, indicating a potential area that could halt any further upward movement.
USD/CAD:
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Price is rising towards the pivot and could potentially make a bearish reversal off this level to pull back towards the 1st support.
Pivot: 1.4517
Supporting reasons: Identified as a multi-swing-high resistance, indicating a potential level where selling pressures could intensify.
1st support: 1.4336
Supporting reasons: Identified as a pullback support that aligns close to a 23.6% Fibonacci retracement, indicating a key level where price could find support.
1st resistance: 1.4602
Supporting reasons: Identified as a swing-high resistance, indicating a potential area that could halt any further upward movement.
AUD/USD:
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Price has made a bearish reversal off the pivot and could potentially fall towards the 1st support.
Pivot: 0.6251
Supporting reasons: Identified as a pullback resistance, suggesting a key area where selling pressures have intensified. The presence of a red Ichimoku Cloud adds further significance to the strength of this resistance zone.
1st support: 0.6193
Supporting reasons: Identified as a multi-swing-low support, suggesting a potential area where price could find support once more.
1st resistance: 0.6285
Supporting reasons: Identified as a pullback resistance that aligns close to 23.6% Fibonacci retracement, indicating a potential area that could halt any further upward movement.
NZD/USD
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Price could rise towards the pivot and potentially make a bearish reversal off this level to fall towards the 1st support.
Pivot: 0.5684
Supporting reasons: Identified as an overlap resistance, indicating a potential area where selling pressures could intensify. The presence of a red Ichimoku Cloud adds further significance to the strength of this resistance zone.
1st support: 0.5553
Supporting reasons: Identified as a swing-low support, suggesting a key support area where price could find support once again.
1st resistance: 0.5798
Supporting reasons: Identified as an overlap resistance that aligns close to a 23.6% Fibonacci retracement, indicating a potential area that could halt any further upward movement.
US30 (DJIA):
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Price has made a bearish reversal off the pivot and could potentially fall towards the 1st support.
Pivot: 42,654.55
Supporting reasons: Identified as an overlap resistance, indicating a potential area where selling pressures could intensify. The presence of a red Ichimoku Cloud adds further significance to the strength of this resistance zone.
1st support: 41,762.06
Supporting reasons: Identified as an overlap support, indicating a potential level where price could find support once again.
1st resistance: 43,045.19
Supporting reasons: Identified as an overlap resistance, indicating a potential area that could halt any further upward movement.
DE40 (DAX):
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Price is making a bearish break below the pivot and could potentially fall towards the 1st support.
Pivot: 19,902.14
Supporting reasons: Identified as a potential breakout level where the strong bearish momentum could drive price lower.
1st support: 19,664.76
Supporting reasons: Identified as a pullback support that aligns close to a 50% Fibonacci retracement, indicating a key level where price could find support.
1st resistance: 20,202.28
Supporting reasons: Identified as a pullback resistance, indicating a potential area that could halt any further upward movement.
US500 (S&P 500):
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Price is making a bearish break below the pivot and could potentially fall towards the 1st support.
Pivot: 5,853.30
Supporting reasons: Identified as a potential breakout level where the strong bearish momentum could drive price lower.
1st support: 5,761.80
Supporting reasons: Identified as an overlap support that aligns close to a 78.6% Fibonacci retracement, indicating a potential level where price could find support.
1st resistance: 5,930.30
Supporting reasons: Identified as an overlap resistance, indicating a potential area that could halt any further upward movement.
BTC/USD (Bitcoin):
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Price has made a bearish break below the pivot and could potentially fall towards the 1st support.
Pivot: 99,518.87
Supporting reasons: Identified as a potential breakout level where the strong bearish momentum could drive price lower.
1st support: 92,791.73
Supporting reasons: Identified as an overlap support that aligns with a 38.2% Fibonacci retracement, indicating a potential level where price could find support once again.
1st resistance: 103,493.90
Supporting reasons: Identified as an overlap resistance, indicating a potential area that could halt any further upward movement.
ETH/USD (Ethereum):
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Price has made a bearish break below the pivot and could potentially fall towards the 1st support.
Pivot: 3,501.55
Supporting reasons: Identified as a potential breakout level where the strong bearish momentum could drive price lower.
1st support: 3,283.12
Supporting reasons: Identified as an overlap support that aligns with a confluence of Fibonacci levels i.e. a 78.6% retracement and a 127.2% extension, indicating a potential level where price could find support once more.
1st resistance: 3,688.94
Supporting reasons: Identified as an overlap resistance, indicating a potential area that could halt any further upward movement.
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: 69.13
Supporting reasons: Identified as an overlap support that aligns close to a 50% Fibonacci retracement, indicating a potential area where buying interests could pick up to stage a rebound.
1st support: 67.92
Supporting reasons: Identified as a pullback support that aligns close to a 78.6% Fibonacci retracement, indicating a key level where price could find support once again.
1st resistance: 70.61
Supporting reasons: Identified as an overlap 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: Bearish
Price could potentially make a bearish reaction off the pivot and drop toward the 1st support
Pivot: 262619.67
Supporting reasons: Identified as an overlap resistance, indicating a potential area where selling pressures could intensify.
1st support: 2585.41
Supporting reasons: Identified as an overlap support that aligns with the 127.2% Fibonacci extension, indicating a potential level where price could find support.
1st resistance: 2665.06
Supporting reasons: Identified as an overlap resistance, 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.