ICMarket

Monday 30th June 2025: Technical Outlook and Review

DXY (US Dollar Index):

Potential Direction: Bearish

Overall momentum of the chart: Bearish

The price could rise toward the pivot and potentially make a bearish reversal off this level to fall toward the 1st support. Additionally, the price is below the Ichimoku Cloud, which adds further significance to the strength of the bearish momentum.

Pivot: 97.80

Supporting reasons: Identified as a pullback resistance, indicating a potential area where selling pressures could intensify.

1st support: 95.40

Supporting reasons: Identified as a support that aligns with the 161.8% Fibonacci extension, indicating a potential area where the price could stabilize once again.

1st resistance: 99.36
Supporting reasons: Identified as an overlap resistance, indicating a potential level that could cap further upward movement.

EUR/USD:

Potential Direction: Bullish

Overall momentum of the chart: Bullish

The price could fall toward the pivot and potentially make a bullish rise toward the 1st resistance. Additionally, the price is above the Ichimoku Cloud, which adds further significance to the strength of the bullish momentum.

Pivot: 1.1578

Supporting reasons: Identified as a pullback support, indicating a potential area where buying interest could pick up to resume the uptrend.

1st support: 1.12786
Supporting reasons: Identified as an overlap support, indicating a potential area where the price could again stabilize.

1st resistance: 1.19092

Supporting reasons: Identified as an overlap resistance that aligns with the 161.8% Fibonacci extension, indicating a potential area that could halt any further upward movement.

EUR/JPY:

Potential Direction: Bearish

Overall momentum of the chart: Bullish

The price could rise toward the pivot and potentially make a bearish reversal off then fall toward the 1st support.

Pivot: 170.72

Supporting reasons: Identified as a pullback resistance, indicating a potential area where selling pressures could intensify.

1st support: 166.46
Supporting reasons: Identified as a pullback support, indicating a potential area where the price could again stabilize.

1st resistance: 175.21
Supporting reasons: Identified as a swing-high resistance and acting as a key area that could halt any further upward movement.

EUR/GBP: 

Potential Direction: Bullish
Overall momentum of the chart: Bullish

The price is falling toward the pivot and could potentially make a bullish rise toward the 1st resistance. 

Pivot: 0.8494

Supporting reasons: Identified as a pullback support that aligns with the 38.2% Fibonacci retracement, indicating a potential area where buying interest could pick up to resume the uptrend.

1st support: 0.8431
Supporting reasons: Identified as a pullback support, indicating a potential area where the price could stabilize once more.

1st resistance: 0.8613
Supporting reasons: Identified as a pullback resistance, indicating a potential level that could cap further upward movement.

GBP/USD:

Potential Direction: Bullish

Overall momentum of the chart: Bullish

The price could fall toward the pivot and potentially make a bullish rise toward the 1st resistance. Additionally, the price is above the Ichimoku Cloud, which adds further significance to the strength of the bullish momentum.

Pivot: 1.3617

Supporting reasons: Identified as a pullback support, indicating a potential area where buying interest could pick up to resume the uptrend.

1st support: 1.3442
Supporting reasons: Identified as a pullback support, indicating a potential area where the price could stabilize once more.

1st resistance: 1.3795
Supporting reasons: Identified as a resistance that aligns with a 161.8% Fibonacci extension, indicating a potential level that could cap further upward movement.

GBP/JPY:

Potential Direction: Bullish
Overall momentum of the chart: Bullish

The price is falling toward the pivot and could potentially make a bullish bounce off this level to rise toward the 1st resistance. 

Pivot: 196.52

Supporting reasons: Identified as a pullback support, indicating a potential area where buying interest could pick up to resume the uptrend.

1st support: 193.06

Supporting reasons: Identified as an overlap support, indicating a potential level where the price could stabilize once more.

1st resistance: 200.68
Supporting reasons: Identified as a pullback resistance, acting as a key area that could halt any further upward movement.

USD/CHF:

Potential Direction: Bearish

Overall momentum of the chart: Bearish

The price could rise toward the pivot and potentially make a bearish reversal off this level to fall toward the 1st support. 

Pivot: 0.8086

Supporting reasons: Identified as a pullback resistance, indicating a potential area where selling pressures could intensify.

1st support: 0.7945
Supporting reasons: Identified as a support that aligns with the 161.8% Fibonacci extension, indicating a potential level where the price could stabilize once again.

1st resistance: 0.8303
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

The price is falling toward the pivot and could potentially make a bullish rise toward the 1st resistance. 

Pivot: 143.76

Supporting reasons: Identified as a pullback support that aligns with the 50% Fibonacci retracement, indicating a potential area where buying interest could pick up to resume the uptrend.

1st support: 140.78
Supporting reasons: Identified as a swing-low support, suggesting a potential area where the price could stabilize once more.

1st resistance: 148.62
Supporting reasons: Identified as an overlap resistance, indicating a potential level that could cap further upward movement.

USD/CAD:

Potential Direction: Bearish

Overall momentum of the chart: Bearish

The price could rise toward the pivot and potentially make a bearish reversal off this level to fall toward the 1st support. The presence of the red Ichimoku Cloud adds further significance to the strength of the downward momentum.

Pivot: 1.3732

Supporting reasons: Identified as a swing-high resistance that aligns closely with the 50% Fibonacci retracement, indicating a potential area where selling pressures could intensify.

1st support: 1.3431

Supporting reasons: Identified as a swing-low support, indicating a key level where the price could stabilize once more.

1st resistance: 1.3974

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: Bullish

The price is trading close to the pivot and could potentially make a bearish reversal off this level to pull back toward the 1st support.

Pivot: 0.6537

Supporting reasons: Identified as an overlap resistance that aligns closely with the 61.8% Fibonacci retracement, indicating a potential area where selling pressures could intensify.

1st support: 0.6359

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 that aligns with the 161.8% Fibonacci extension, indicating a potential area that could halt any further upward movement.

NZD/USD

Potential Direction: Bearish

Overall momentum of the chart: Bullish

The price is rising toward the pivot and could potentially make a bearish reversal off this level to pull back toward the 1st support.

Pivot: 0.6144
Supporting reasons: Identified as an overlap resistance that aligns with the 127.2% Fibonacci extension, indicating a potential area where selling pressures could intensify.

1st support: 0.5940

Supporting reasons: Identified as an overlap support, suggesting a potential area where the price could stabilize once more.

1st resistance: 0.6257

Supporting reasons: Identified as an overlap resistance, indicating a potential area that could halt any further upward movement.

US30 (DJIA):

Potential Direction: Bullish

Overall momentum of the chart: Bullish

The price could potentially make a bullish continuation to rise toward the 1st resistance. The presence of the green Ichimoku Cloud adds further significance to the strength of the upward momentum.

Pivot: 43,339.19

Supporting reasons: Identified as an overlap support, indicating a potential area where buying interests could pick up to stage a rebound.

1st support: 41,543.70

Supporting reasons: Identified as an overlap support, suggesting a potential area where the price could stabilize once again.

1st resistance: 45,042.77

Supporting reasons: Identified as a multi-swing-high resistance, indicating a potential area that could halt any further upward movement.

DE40 (DAX):

Potential Direction: Bearish

Overall momentum of the chart: Bullish

The price could rise toward the pivot and potentially make a bearish reversal off this level to pull back toward the 1st support. The presence of the green Ichimoku Cloud adds further significance to the strength of the upward momentum.

Pivot: 24,300.00
Supporting reasons: Identified as a swing-high resistance, indicating a potential area where selling pressures could intensify.

1st support: 23,059.10

Supporting reasons: Identified as a swing-low support that aligns closely with the 23.6% Fibonacci retracement, indicating a key level where the price could stabilize once more.

1st resistance: 25,359.14
Supporting reasons: Identified as a resistance that aligns with the 161.8% 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

The price could potentially make a bullish continuation to rise toward the 1st resistance. The presence of the green Ichimoku Cloud adds further significance to the strength of the upward momentum.

Pivot: 6,127.80

Supporting reasons: Identified as a pullback support, indicating a potential area where buying interests could pick up to resume the uptrend.

1st support: 5,796.40

Supporting reasons: Identified as an overlap support, indicating a potential level where the price could stabilize once again.

1st resistance: 6,393.79

Supporting reasons: Identified as a resistance that aligns with a 161.8% Fibonacci extension, indicating a potential area that could halt any further upward movement.

BTC/USD (Bitcoin):

Potential Direction: Bearish

Overall momentum of the chart: Bullish

The price is rising toward the pivot and could potentially make a bearish reversal off this level to fall toward the 1st support.

Pivot: 110,959.87

Supporting reasons: Identified as a multi-swing-high resistance, indicating a potential area where selling pressures could intensify.

1st support: 99,157.18
Supporting reasons: Identified as a swing-low support that aligns closely with a 38.2% Fibonacci retracement, indicating a potential level where the price could stabilize once more.

1st resistance: 118,384.43
Supporting reasons: Identified as a resistance that aligns with a 161.8% Fibonacci extension, indicating a potential area that could halt any further upward movement.

ETH/USD (Ethereum):

Potential Direction: Bearish

Overall momentum of the chart: Neutral

The price is rising toward the pivot and could potentially make a bearish reversal off this level to fall toward the 1st support.

Pivot: 2,806.23
Supporting reasons: Identified as a multi-swing-high resistance, indicating a potential area where selling pressures could intensify.

1st support: 2,175.11
Supporting reasons: Identified as a swing-low support that aligns closely with a 50% Fibonacci retracement, indicating a potential level where the price could stabilize once again.

1st resistance: 3,473.97
Supporting reasons: Identified as a swing-high resistance that aligns closely with a 78.6% Fibonacci retracement, indicating a potential area that could halt any further upward movement.

WTI/USD (Oil):

Potential Direction: Bullish

Overall momentum of the chart: Bearish

The price is trading close to the pivot and could potentially make a bullish bounce off this level to rise toward the 1st resistance.

Pivot: 65.64

Supporting reasons: Identified as a pullback support, indicating a potential area where buying interests could pick up to stage a rebound.

1st support: 60.10
Supporting reasons: Identified as a multi-swing-low support that aligns with a 78.6% Fibonacci retracement, indicating a key level where the price could stabilize once more.

1st resistance: 71.18
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: Bearish

The price could rise toward the pivot and potentially make a bearish reversal off this level to fall toward the 1st support. 

Pivot: 3311.29

Supporting reasons: Identified as a pullback resistance, indicating a potential area where selling pressures could intensify.

1st support: 3134.26
Supporting reasons: Identified as an overlap support, indicating a key level where the price could stabilize once more.

1st resistance: 3450.18
Supporting reasons: Identified as a swing high resistance,  indicating a potential area that could halt any further upward movement.

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