DXY (US Dollar Index):
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Factors contributing to the momentum: Price is below the bearish Ichimoku cloud
Price could potentially make a bearish continuation towards 1st support
Pivot: 105.15
Supporting reasons: Identified as an overlap resistance level, specifically at the 23.60% Fibonacci Retracement, indicating a potential area where sellers could enter the market after a retracement.
1st support: 104.46
Supporting reasons: Identified as a pullback support level, specifically at the 78.60% Fibonacci Retracement, suggesting a significant area where previous declines have found support.
1st resistance: 105.49
Supporting reasons: Identified as a pullback resistance level, specifically at the 50% Fibonacci Retracement, indicating a historical point where previous rallies have faced selling pressure or reversed.
EUR/USD:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Factors contributing to the momentum: Price is above the bullish Ichimoku cloud
Price could potentially make a bullish bounce off pivot and head towards 1st resistance.
Pivot: 1.0794
Supporting reasons: Identified as an overlap support level, indicating a significant area where previous declines have found support.
1st support: 1.0723
Supporting reasons: Identified as an overlap support level, suggesting a significant area where previous declines have found support.
1st resistance: 1.0862
Supporting reasons: Identified as a pullback resistance level, indicating a historical point where previous rallies have faced selling pressure or reversed.
EUR/JPY:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price could potentially make a bullish bounce off pivot and head towards 1st resistance.
Pivot: 171.58
Supporting reasons: Identified as an overlap support level, indicating a significant area where previous declines have found support.
1st support: 169.86
Supporting reasons: Identified as an overlap support level, suggesting a potential area where buyers could enter the market after a retracement.
1st resistance: 176.28
Supporting reasons: Identified as a resistance level, specifically at the 161.80% Fibonacci Extension, indicating a historical point where previous rallies have faced selling pressure or reversed.
EUR/GBP:
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Price could potentially make a bearish continuation towards 1st support
Pivot: 0.8457
Supporting reasons: Identified as an overlap resistance level, indicating a potential area where sellers could enter the market after a retracement.
1st support: 0.8404
Supporting reasons: Identified as a swing low support level, suggesting a significant area where previous declines have found support.
1st resistance: 0.8499
Supporting reasons: Identified as an overlap resistance level, indicating a historical point where previous rallies have faced selling pressure or reversed.
GBP/USD:
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Price could potentially make a bearish reaction off pivot and drop to 1st support.
Pivot: 1.2859
Supporting reasons: Identified as a swing high resistance level, indicating a potential area where sellers could enter the market after a retracement.
1st support: 1.2778
Supporting reasons: Identified as an overlap support level, suggesting a significant area where previous declines have found support.
1st resistance: 1.2894
Supporting reasons: Identified as a swing high resistance level, specifically at the 161.80% Fibonacci Extension, indicating a historical point where previous rallies have faced selling pressure or reversed.
RSI: Also displaying bearish divergence versus price, suggesting that a reversal might occur soon.
GBP/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: 212.77
Supporting reasons: Identified as an overlap resistance level, specifically at the 100% Fibonacci Projection, indicating a potential area where sellers could enter the market after a retracement.
1st support: 197.99
Supporting reasons: Identified as an overlap support level, suggesting a significant area where previous declines have found support.
1st resistance: 225.58
Supporting reasons: Identified as an overlap resistance level, indicating a historical point where previous rallies have faced selling pressure or reversed.
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: 0.8996
Supporting reasons: Identified as an overlap resistance level, specifically at the 50% Fibonacci Retracement, indicating a potential area where sellers could enter the market after a retracement.
1st support: 0.8945
Supporting reasons: Identified as an overlap support level, suggesting a significant area where previous declines have found support.
1st resistance: 0.9045
Supporting reasons: Identified as a multi-swing high resistance level, indicating a historical point where previous rallies have faced selling pressure or reversed.
USD/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: 161.68
Supporting reasons: Identified as a pullback resistance level, specifically at the 78.60% Fibonacci Retracement, indicating a potential area where sellers could enter the market after a retracement.
1st support: 160.33
Supporting reasons: Identified as a multi-swing low support level, suggesting a significant area where previous declines have found support.
1st resistance: 162.04
Supporting reasons: Identified as a swing high resistance level, indicating a historical point where previous rallies have faced selling pressure or reversed.
USD/CAD:
Potential Direction: Bullish
Overall momentum of the chart: Bearish
Price is falling towards the pivot and could potentially make a bullish bounce off this level to rise towards the 1st resistance.
Pivot:1.3602
Supporting reasons: Identified as a multi-swing-low support that aligns close to a 161.8% Fibonacci extension level, suggesting a potential area where price could stage a minor rebound.
1st support: 1.3559
Supporting reasons: Identified as a pullback support, suggesting a potential area that could halt further downward movement.
1st resistance: 1.3645
Supporting reasons: Identified as an overlap resistance, indicating a potential area where selling pressures could intensify to resume the downtrend. The presence of the bearish Ichimoku cloud adds further significance to the bearish momentum.
AUD/USD:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price has made a bullish break above the pivot and could potentially rise towards the 1st resistance.
Pivot: 0.6753
Supporting reasons: Identified as a potential breakout level where the bullish momentum could carry price higher. The presence of the bullish Ichimoku cloud adds further significance to the bullish momentum.
1st support: 0.6731
Supporting reasons: Identified as a pullback support, suggesting a potential area where price could find strong support.
1st resistance: 0.6778
Supporting reasons: Identified as a resistance that aligns with a 161.8% Fibonacci extension level, indicating a significant area that could halt further upward movement.
NZD/USD
Potential Direction: Bearish
Overall momentum of the chart: Neutral
Price is rising towards the pivot and could potentially make a bearish reversal off this level to drop lower towards the 1st support.
Pivot: 0.6113
Supporting reasons: Identified as a pullback resistance that aligns close to the 61.8% Fibonacci retracement level, indicating a potential area where selling pressures could intensify.
1st support: 0.6070
Supporting reasons: Identified as a pullback support that aligns with a 78.6% Fibonacci retracement level, suggesting a significant area that could halt further downward momentum.
1st resistance: 0.6148
Supporting reasons: Identified as a pullback resistance that aligns with a confluence of Fibonacci levels i.e. the 61.8% retracement and the 78.6% projection levels, indicating a significant area that could halt further upward movement.
US30 (DJIA):
Potential Direction: Bullish
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: 40,062.11
Supporting reasons: Identified as a swing-high resistance that aligns close to the all-time high, indicating a potential area where selling pressures could intensify.
1st Support: 39,622.34
Supporting Reasons: Identified as an overlap support, suggesting a significant area where price could find strong support.
1st Resistance: 40,660.41
Supporting Reasons: Identified as a resistance that aligns with a 127.2% Fibonacci extension level, indicating a significant area that could halt further upward movement.
DE40 (DAX):
Potential Direction: Bullish
Overall Momentum of the Chart: Neutral
Price could fall towards the pivot and potentially make a bullish bounce off this level to rise towards the 1st resistance.
Pivot: 18,424.70
Supporting reasons: Identified as an overlap support, indicating a potential area where buying interests could pick up to stage a rebound.
1st Support: 18,227.90
Supporting Reasons: Identified as a swing-low support, indicating a significant area where price could find strong support.
1st Resistance: 18,568.00
Supporting Reasons: Identified as a pullback resistance that aligns with a 78.6% Fibonacci retracement level, indicating a significant area that could halt further upward movement.
US500 (S&P 500):
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Price is trading close to the pivot and could potentially make a bearish reversal off this level to pull back towards the 1st support.
Pivot: 5,651.96
Supporting reasons: Identified as a resistance that aligns with a 61.8% Fibonacci projection level, indicating a potential area where selling pressures could intensify.
1st support: 5,586.66
Supporting reasons: Identified as a pullback support that aligns close to a 23.6% Fibonacci retracement level, indicating a potential area where price could find strong support.
1st resistance: 5,707.32
Supporting reasons: Identified as a resistance that aligns with a 78.6% Fibonacci projection level, suggesting a critical area where selling pressures may intensify and potentially halt further upward movement.
BTC/USD (Bitcoin):
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Price has made a bearish reversal off the pivot and could potentially drop towards the 1st support.
Pivot: 59,022.29
Supporting reasons: Identified as an overlap resistance that aligns close to a 61.8% Fibonacci retracement level, indicating a potential area where selling pressures could intensify to resume the downtrend. The presence of the bearish Ichimoku cloud adds further significance to the bearish momentum.
1st support: 55,143.09
Supporting reasons: Identified as a pullback support, indicating a significant area that could halt further downward movement.
1st resistance: 61,756.71
Supporting reasons: Identified as an overlap resistance that aligns close to a 78.6% Fibonacci retracement level, indicating a potential barrier that could halt further upward movement.
ETH/USD (Ethereum):
Potential Direction: Bullish
Overall momentum of the chart: Neutral
Price is trading close to the pivot and could potentially make a bullish bounce off this level to rise towards the 1st resistance.
Pivot: 3,065.28
Supporting reasons: Identified as an overlap support, indicating a potential area where buying interests could pick up to stage a minor rebound.
1st Support: 2,878.94
Supporting Reasons: Identified as a pullback support, indicating a significant area that could halt further downward movement.
1st Resistance: 3,258.56
Supporting Reasons: Identified as a pullback resistance that aligns close to a 61.8% Fibonacci retracement level, indicating a historical barrier where selling pressures could intensify.
WTI/USD (Oil):
Potential Direction: Bullish
Overall Momentum of the Chart: Neutral
Price is rising towards the pivot and could potentially make a bullish break above this level to rise towards the 1st resistance.
Pivot: 83.21
Supporting Reasons: Identified as a potential breakout level where the bullish momentum could drive price higher.
1st Support: 80.95
Supporting Reasons: Identified as an overlap support, indicating a significant area where price could find strong support.
1st Resistance: 84.78
Supporting Reasons: Identified as a pullback resistance, indicating a potential barrier that could halt further upward movement.
XAU/USD (GOLD):
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price could potentially make a bullish continuation towards 1st resistance.
Pivot: 2351.41
Supporting reasons: Identified as an overlap support level, specifically at the 38.20% Fibonacci Retracement, indicating a potential area where buyers could enter the market after a retracement.
1st support: 2335.08
Supporting reasons: Identified as a pullback support level, specifically at the 61.80% Fibonacci Retracement, suggesting a significant area where previous declines have found support.
1st resistance: 2392.15
Supporting reasons: Identified as an overlap resistance level, indicating a historical point where previous rallies have faced selling pressure or reversed.
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