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: 104.97

Supporting reasons: Identified as a pullback resistance, with confluence from the 38.20% Fibonacci Retracement, suggesting a level where selling pressure may intensify, potentially leading to a bearish reaction.

1st support: 104.09

Supporting reasons: Recognized as an overlap support, indicating a historical level where buying interest has emerged, potentially acting as a support for downward movement.

1st resistance: 105.57

Supporting reasons: Noted as an overlap resistance with confluence from the 61.80% Fibonacci Retracement, suggesting a significant area where selling pressure may be present, potentially hindering further upward movement.

EUR/USD:

Potential Direction: Bullish

Overall momentum of the chart: Bullish

Price could potentially make a: Bullish bounce off pivot and heads toward 1st resistance

Pivot: 1.0860

Supporting reasons: Identified as an overlap support, indicating a historical level where buying interest has emerged, potentially acting as a pivot for bullish movement.

1st support: 1.0770

Supporting reasons: Recognized as an overlap support, suggesting another historical level where buying interest may emerge, potentially providing additional support for upward movement.

1st resistance: 1.0949

Supporting reasons: Noted as a multi-swing high resistance, indicating a significant historical level where selling pressure may be present, potentially hindering further upward movement. However, in this case, the momentum appears bullish, suggesting a potential breakthrough.

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: 169.47

Supporting reasons: Identified as a pivot with confluence from the swing high resistance and the 61.80% Fibonacci Projection, suggesting a significant area where selling pressure may intensify, potentially leading to a bearish reaction.

1st support: 165.33

Supporting reasons: Recognized as a pullback support, indicating a level where buying interest may emerge, potentially acting as a support for downward movement.

1st resistance: 171.66

Supporting reasons: Noted as a swing high resistance with confluence from the 78.60% Fibonacci Projection, indicating a significant historical level where selling pressure may be present, potentially hindering further upward movement.

EUR/GBP:

Potential Direction: Bullish

Overall momentum of the chart: Bullish

Price could potentially make a: Bullish bounce off pivot and heads towards 1st resistance

Pivot: 0.8532

Supporting reasons: Identified as a multi-swing low support, suggesting a historical level where buying interest has emerged, potentially acting as a pivot for bullish movement.

1st support: 0.8502

Supporting reasons: Recognized as a multi-swing low support with confluence from the 127.20% Fibonacci Extension, indicating a significant area where buying pressure may intensify, potentially providing additional support for upward movement.

1st resistance: 0.8581

Supporting reasons: Noted as a pullback resistance, suggesting a level where selling pressure may intensify, potentially hindering further upward movement.

GBP/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 heads towards 1st resistance

Pivot: 1.2677

Supporting reasons: Identified as a pullback support, suggesting a level where buying interest may emerge, potentially acting as a pivot for bullish movement.

1st support: 1.2561

Supporting reasons: Recognized as a pullback support, indicating another level where buying interest may emerge, potentially providing additional support for upward movement.

1st resistance: 1.2786

Supporting reasons: Noted as a pullback resistance with confluence from the 78.60% Fibonacci Retracement, suggesting a significant area where selling pressure may intensify, potentially hindering further upward movement.

GBP/JPY:

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 breakthrough of pivot and rise to 1st resistance

Pivot: 198.03

Supporting reasons: Identified as a pivot with confluence from the swing high resistance, indicating a significant area where buying pressure may intensify, potentially leading to a bullish breakthrough.

1st support: 193.43

Supporting reasons: Recognized as an overlap support, suggesting a historical level where buying interest has emerged, potentially acting as a support for upward movement.

1st resistance: 203.01

Supporting reasons: Noted as a significant resistance level with confluence from the 127.20% Fibonacci Extension, suggesting a potential target for bullish movement.

USD/CHF:

Potential Direction: Bearish

Overall momentum of the chart: Bearish

Price could potentially make a: Bearish reaction off pivot and drop to 1st support

Pivot: 0.9098

Supporting reasons: Identified as an overlap resistance with confluence from the 50% Fibonacci Retracement, suggesting a significant area where selling pressure may intensify, potentially leading to a bearish reaction.

1st support: 0.8994

Supporting reasons: Recognized as an overlap support, indicating a historical level where buying interest has emerged, potentially acting as a support for downward movement.

1st resistance: 0.9193

Supporting reasons: Noted as a swing high resistance, indicating a significant historical level where selling pressure may be present, potentially hindering further upward movement.

USD/JPY:

Potential Direction: Bearish

Overall momentum of the chart: Bearish

Price could potentially make a: Bearish reaction off pivot and drop to 1st support

Pivot: 156.42

Supporting reasons: Identified as a pivot with confluence from the swing high resistance, indicating a significant area where selling pressure may intensify, potentially leading to a bearish reaction.

1st support: 152.91

Supporting reasons: Recognized as a swing low support, suggesting a historical level where buying interest has emerged, potentially acting as a support for downward movement.

1st resistance: 158.29

Supporting reasons: Noted as a swing high resistance with confluence from the 78.60% Fibonacci Retracement, indicating a significant historical level where selling pressure may be present, potentially hindering further upward movement.

USD/CAD:

Potential Direction: Bearish

Overall momentum of the chart: Bearish

Price could rise towards the pivot and potentially make a bearish reaction off this level to resume the downtrend and drop towards the 1st support.

Pivot: 1.3650

Supporting reasons: Identified as an overlap resistance, suggesting a significant area where price could stall and reverse to resume the downtrend.

1st support: 1.3519

Supporting reasons: Identified as a pullback support that aligns close to a 50% Fibonacci retracement level, suggesting an area where price has found strong buying interests in the past to potentially halt any further downward movement.

1st resistance: 1.3725

Supporting reasons: Identified as a pullback resistance that aligns close to a 50% Fibonacci retracement level, marking a significant barrier that could cap further upward movements.

AUD/USD:

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: 0.6721

Supporting reasons: Acts as an overlap resistance that aligns with a 127.2% Fibonacci extension level, suggesting an area where selling pressures could intensify.

1st support: 0.6640

Supporting reasons: Acts as a pullback support that aligns with a 23.6% Fibonacci retracement level, suggesting a significant area where price has found strong support recently to provide a basis to halt further downward movement.

1st resistance: 0.6762

Supporting reasons: Identified as an overlap 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: Bullish

Price is rising towards the pivot and could potentially make a bearish reaction off this level to drop towards the 1st support.

Pivot: 0.6176

Supporting reasons: Acts as a pullback resistance that aligns with a 61.8% Fibonacci retracement level, suggesting an area where selling pressures have intensified in the past.

1st support: 0.6081

Supporting reasons: Acts as an overlap support, suggesting a potential area where price could find strong support to halt further downward movement.

1st resistance: 0.6247

Supporting reasons: Identified as an overlap resistance that aligns close to a 78.6% Fibonacci retracement level, marking a barrier that has previously capped upward movements.

US30 (DJIA):

Potential Direction: Bullish

Overall momentum of the chart: Bullish

Price could make a bullish reaction off the pivot to extend the uptrend momentum and rise towards the 1st resistance.

Pivot: 39,993.29

Supporting reasons: Identified as a breakout level where the bullish momentum could potentially cause prices to break above this level and climb higher.

1st support: 39,427.69

Supporting reasons: Identified as an overlap support, suggesting a significant area where price could find strong buying interests to provide a solid foundation to halt further downward movement.

1st resistance: 40,801.76

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 pull back towards the 1st support.

Pivot: 18,894.50

Supporting reasons: Identified as a pullback resistance that aligns with a 127.2% Fibonacci extension level, suggesting an area where selling pressures could intensify.

1st support: 18,528.90

Supporting reasons: Acts as a pullback support that aligns with a 23.6% Fibonacci retracement level, suggesting an area where buying interests could pick up to halt further downward movement.

1st resistance: 19,297.10

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 pull back towards the 1st support.

Pivot: 5,381.03

Supporting reasons: Identified as a resistance that aligns with a 127.2% Fibonacci extension level; suggesting an area where selling pressures could intensify.

1st support: 5,263.47

Supporting reasons: Acts as a pullback support, suggesting a significant area where price could find strong buying interest to provide a solid foundation to halt further downward movement.

1st resistance: 5,504.20

Supporting reasons: Acts as a resistance that aligns with a 161.8% Fibonacci extension level, suggesting a significant area where selling pressures could intensify.

BTC/USD (Bitcoin):

Potential Direction: Bearish

Overall momentum of the chart: Neutral

Price is trading close to the pivot and could potentially make a bearish reaction off this level to drop towards the 1st support.

Pivot: 66,909.10

Supporting reasons: Identified as an overlap resistance that aligns with a 61.8% Fibonacci retracement level, suggesting an area where selling pressures have intensified in the past.

1st support: 60,784.45

Supporting reasons: Acts as a pullback support, suggesting an area where buying interests could pick up to halt further downward movements.

1st resistance: 71,810.70

Supporting reasons: Marked by a pullback resistance that aligns close to a 78.6% Fibonacci retracement level, indicating a significant barrier that could cap further upward movements.

ETH/USD (Ethereum):

Potential Direction: Bearish

Overall momentum of the chart: Neutral

Price is trading close to the pivot and could potentially make a bearish reaction off this level to drop towards the 1st support.

Pivot: 3,135.34

Supporting reasons: Identified as a pullback resistance, suggesting an area where selling pressures have intensified in the past.

1st support: 2,863.34

Supporting reasons: Identified as a pullback support, 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 38.2% Fibonacci retracement level, marking a significant barrier that could cap further upward movements.

WTI/USD (Oil):

Potential Direction: Bearish

Overall momentum of the chart: Neutral

Price is rising towards the pivot and could potentially make a bearish reaction off this level to drop towards the 1st support.

Pivot: 81.38

Supporting reasons: Acts as a pullback resistance that aligns close to a 38.2% Fibonacci retracement level, suggesting a significant area where selling pressures could intensify. The presence of a descending trendline also adds further significance to a major resistance zone.

1st support: 77.88

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 recently and could provide a solid foundation to halt further downward movements.

1st resistance: 84.38

Supporting reasons: Identified as a pullback resistance that aligns close to a 61.8% Fibonacci retracement level, marking a significant barrier that could cap further upward movements.

XAU/USD (GOLD):

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 heads towards 1st resistance

Pivot: 2396.50

Supporting reasons: Identified as a pullback support, suggesting a level where buying interest may emerge, potentially acting as a pivot for bullish movement.

1st support: 2338.16

Supporting reasons: Recognized as an overlap support, indicating a historical level where buying interest has emerged, potentially providing additional support for upward movement.

1st resistance: 2474.00

Supporting reasons: Noted as a significant resistance level with confluence from the 127.20% Fibonacci Extension, suggesting a potential target for bullish movement.

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