DXY (US Dollar Index):
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Factors contributing to the momentum include the price being above the bullish Ichimoku cloud, indicating a strong bullish sentiment.
Price could potentially make a bullish continuation toward 1st resistance
Pivot: 104.12
Supporting reasons: Acts as an Overlap support with a 50% Fibonacci Retracement, indicating a key level where buying interest might intensify, suggesting a solid foundation for a potential upward movement within the context of the overall bullish trend.
1st support: 102.64
Supporting reasons: Known as Pullback support, suggesting a significant area where the market has previously found strong buying interest, providing a foundation for potential price stabilization or a minor rebound, reinforcing the bullish momentum.
1st resistance: 105.52
Supporting reasons: Identified as Pullback resistance with a 127.20% Fibonacci Extension, marking a significant barrier that could cap upward movements.
EUR/USD:
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Factors contributing to the momentum include the price being within the bearish Ichimoku cloud, signalling a continuation of the current bearish trend.
Price could potentially make a bearish reaction off pivot and drop to 1st support
Pivot: 1.0908
Supporting reasons: Acts as Pullback resistance with a 78.60% Fibonacci Retracement, indicating a key level where selling pressure might intensify, suggesting a potential turning point for the price to continue its downward movement.
1st support: 1.0695
Supporting reasons: Known as Swing low support, suggesting a significant area where the market has previously found strong buying interest, providing a foundation for potential price stabilization or a minor rebound within the context of the bearish movement.
1st resistance: 1.1017
Supporting reasons: Identified as Pullback resistance, marking a significant barrier that could cap upward movements. This underscores the strength of the bearish momentum and its importance as a critical threshold for the bearish trend’s continuation.
EUR/JPY:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Factors contributing to the momentum include the price being above the bullish Ichimoku cloud, signalling strong upward momentum and a positive outlook for the currency pair.
Price could potentially make a bullish continuation towards 1st resistance
Pivot: 162.79
Supporting reasons: Acts as Pullback support with a 50% Fibonacci Retracement, indicating a key level where buying interest has historically been strong, suggesting a solid foundation for a potential upward movement within the context of the overall bullish trend.
1st support: 160.18
Supporting reasons: Known as an Overlap support, suggesting a significant area where the market has previously found strong buying interest, providing a foundation for potential price stabilization or a minor rebound, reinforcing the bullish momentum.
1st resistance: 167.41
Supporting reasons: Marked by a 161.80% Fibonacci Extension, indicating a significant barrier that could cap upward movements.
EUR/GBP:
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Price could potentially make a bearish reaction off pivot and drop to 1st support
Pivot: 0.8613
Supporting reasons: Acts as an Overlap resistance with a 50% Fibonacci Retracement, indicating a key level where selling pressure might intensify, suggesting a potential turning point for the price to reverse and continue its downward movement within the context of the overall bearish trend.
1st support: 0.8503
Supporting reasons: Known as Multi-swing low support, suggesting a significant area where the market has previously found strong buying interest, providing a foundation for potential price stabilization or a minor rebound, reinforcing the bearish outlook.
1st resistance: 0.8689
Supporting reasons: Identified as Swing high resistance, marking a significant barrier that has capped previous upward movements.
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: 1.2800
Supporting reasons: Acts as an Overlap resistance with a 78.60% Fibonacci Projection, indicating a key level where selling pressure might intensify, suggesting a potential turning point for the price to continue its downward movement within the context of the overall bearish trend.
1st support: 1.2389
Supporting reasons: Known as an Overlap support with a 78.60% Fibonacci Retracement, suggesting a significant area where the market has previously found strong buying interest, providing a foundation for potential price stabilization or a minor rebound, reinforcing the bearish outlook.
1st resistance: 1.2894
Supporting reasons: Identified as Swing high resistance with a 78.60% Fibonacci Retracement, marking a significant barrier that has capped previous upward movements.
GBP/JPY:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Factors contributing to the momentum include the price being above the bullish Ichimoku cloud, signalling strong upward momentum and a positive outlook for the currency pair.
Price could potentially make a: Bullish bounce off pivot and head towards 1st resistance
Pivot: 191.01
Supporting reasons: Acts as Pullback support, indicating a key level where buying interest might intensify, suggesting a solid foundation for a potential upward movement within the context of the overall bullish trend.
1st support: 188.19
Supporting reasons: Known as an Overlap support with a 38.20% Fibonacci Retracement, suggesting a significant area where the market has previously found strong buying interest, providing a foundation for potential price stabilization or a minor rebound, reinforcing the bullish momentum.
1st resistance: 194.46
Supporting reasons: Marked by a 127.20% Fibonacci Extension and a 78.60% Fibonacci Projection, indicating a significant level of Fibonacci confluence.
USD/CHF:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Factors contributing to the momentum include the price being above the bullish Ichimoku cloud, signalling strong upward momentum and a positive outlook for the currency pair.
Price could potentially make a bullish bounce-off pivot and head towards 1st resistance
Pivot: 0.8999
Supporting reasons: Acts as Multi-swing low support, indicating a key level where buying interest has historically been strong, suggesting a solid foundation for a potential upward movement within the context of the overall bullish trend.
1st support: 0.8870
Supporting reasons: Known as an Overlap support, suggesting a significant area where the market has previously found strong buying interest, providing a foundation for potential price stabilization or a minor rebound, reinforcing the bullish momentum.
1st resistance: 0.9213
Supporting reasons: Identified as Multi-swing high resistance, marking a significant barrier that has capped previous upward movements.
USD/JPY:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price could potentially make a bullish breakthrough of pivot and rise to 1st resistance
Pivot: 151.91
Supporting reasons: The pivot level itself acts as a significant point of reference indicating current market sentiment. In this context, its exact role as support or resistance isn’t specified, but the bullish sentiment implies it could serve as a platform for further gains.
1st support: 146.41
Supporting reasons: Identified as Overlap support with a 50% Fibonacci Retracement, suggesting a significant area where the market has previously found strong buying interest, providing a foundation for potential price stabilisation or a minor rebound, reinforcing the bullish momentum.
1st resistance: 155.09
Supporting reasons: Marked by a 127.20% Fibonacci Extension and a 78.60% Fibonacci Projection, indicating a significant level of Fibonacci confluence.
USD/CAD:
Potential Direction: Bearish
Overall momentum of the chart: Neutral
Price has made a bearish reaction close to the 1st resistance and could potentially drop towards the 1st support
1st support: 1.3447
Supporting reasons: Identified as a pullback support that aligns close to a 38.2% Fibonacci retracement level, suggesting a significant area where the market has previously found strong buying interest and could provide a foundation for potential price stabilization.
1st resistance: 1.3629
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.
AUD/USD:
Potential Direction: Bullish
Overall momentum of the chart: Neutral
Price could potentially rise towards the pivot and make a bearish reaction off this level to drop lower toward the 1st support
Pivot: 0.6650
Supporting reasons: Acts as an overlap resistance that aligns with a 50% Fibonacci retracement level, suggesting a potential resistance area for price to reverse from.
1st support: 0.6477
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 strong support and could provide a basis to halt further downward movement.
1st resistance: 0.6842
Supporting reasons: Identified as a swing-high, marking a significant barrier that has previously capped upward movements.
NZD/USD
Potential Direction: Bullish
Overall momentum of the chart: Bearish
Price could rise towards the pivot and potentially make a bearish reaction off this level to drop lower toward the 1st support
Pivot: 0.6081
Supporting reasons: Acts as an overlap resistance that aligns with a 50% Fibonacci retracement, where selling pressures have picked up recently.
1st support: 0.5940
Supporting reasons: Acts as a pullback support, suggesting a potential area for price stabilization or a minor rebound within the bearish context.
1st resistance: 0.6199
Supporting reasons: Identified as a pullback resistance, marking a significant barrier that could cap further upward movements.
US30 (DJIA):
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price has made a bullish reaction off the pivot and could potentially continue to rise towards the 1st resistance
Pivot: 38,610.11
Supporting reasons: Acts as a pullback support where price has found strong buying interest in recent weeks.
1st support: 37,787.30
Supporting reasons: Identified as a pullback support that aligns close to a 23.6% 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: 39,911.02
Supporting reasons: Identified as an overlap resistance at the all-time high, indicating a potential barrier that could cap further upward movements.
DE40 (DAX):
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Price could drop toward the pivot and potentially make a bullish reaction off this level to rise towards the 1st resistance
Pivot: 17,918.70
Supporting reasons: Identified as a pullback support, suggesting a potential zone where price could find support and make a bullish bounce.
1st support: 17,043.92
Supporting reasons: Acts as an overlap support that aligns with a 38.2% 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: 18,768.85
Supporting reasons: Identified as a resistance that aligns with a 100% Fibonacci projection level that could potentially function as a significant barrier that could cap further upward movements. Overcoming this level would underscore the strength of the bullish momentum.
US500 (S&P 500):
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Price could fall towards the pivot and potentially make a bullish reaction off this level to rise towards the 1st resistance
Pivot: 5,066.20
Supporting reasons: Acts as a pullback support where buying interest could be strong, suggesting a potential foundation for a price stabilization or a rebound.
1st support: 4,804.10
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 strong buying interest, providing a solid foundation to halt further downward movement.
1st resistance: 5,549.91
Supporting reasons: Marked by a resistance that aligns with a confluence of Fibonacci levels i.e. the 78.6% projection and the 161.8% extension levels, which could function as a potential barrier and cap further upward movements.
BTC/USD (Bitcoin):
Potential Direction: Bullish
Overall momentum of the chart: Neutral
Price could potentially rise towards the 1st resistance
1st support: 63,289.43
Supporting reasons: Acts as a pullback support that aligns with a 23.6% Fibonacci retracement level, suggesting a significant area where price has previously found strong buying interest and could provide a solid foundation for potential price stabilization or a rebound in the event of a pullback.
1st resistance: 73,843.75
Supporting reasons: Marked by a pullback resistance at the all-time high, indicating a significant barrier that could cap further upward movements.
ETH/USD (Ethereum):
Potential Direction: Bullish
Overall momentum of the chart: Neutral
Price has made a bullish reaction of the pivot and could potentially rise towards the 1st resistance
Pivot: 3,262.85
Supporting reasons: Acts as a pullback support that aligns close to a 50% Fibonacci retracement level indicating a key level where buying interest has been strong in recent weeks, suggesting a solid foundation for a potential price stabilization or a rebound.
1st support: 2,989.64
Supporting reasons: Identified as a pullback support that aligns close to a 61.8% Fibonacci retracement level suggesting a significant area where price has previously found support, providing a strong foundation for further downward movements.
1st resistance: 4,045.80
Supporting reasons: Identified as a pullback resistance that aligns close to the all-time high, marking a significant barrier that has previously capped further upward movements.
WTI/USD (Oil):
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price could make a bullish continuation towards the pivot before potentially stalling around this level to reverse and drop lower
Pivot: 90.36
Supporting reasons: Marked by a pullback resistance that aligns close to a 78.6% Fibonacci retracement level, indicating a significant level where selling pressures might intensify.
1st support: 83.22
Supporting reasons: Identified as an overlap support that aligns with a 23.6% Fibonacci retracement level, suggesting a significant area where price has previously found strong buying interest and could provide a solid foundation for potential price stabilization or a rebound.
1st resistance: 94.09
Supporting reasons: Identified as a swing-high resistance, marking a significant barrier that could cap further upward movements.
XAU/USD (GOLD):
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Price could potentially make a bearish reaction off pivot and drop to 1st support
Pivot: 2336.72
Supporting reasons: Marked by a 100% Fibonacci Projection, indicating a significant level where selling pressure might intensify, suggesting a potential turning point for the price to reverse and move downwards within the context of the overall bullish trend.
1st support: 2143.85
Supporting reasons: Known as an Overlap support, suggesting a significant area where the market has previously found strong buying interest, providing a foundation for potential price stabilization or a minor rebound, reinforcing the bearish outlook despite the bullish momentum.
1st resistance: 2530.37
Supporting reasons: Also marked by a 100% Fibonacci Projection, indicating a significant barrier that could cap upward movements.
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