DXY:
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Price could potentially make a bearish reaction off pivot and drop to 1st support
Pivot: 104.92
Supporting reasons: Acts as an Overlap resistance with a 61.80% Fibonacci Retracement and a 61.80% Fibonacci Projection, indicating a significant level of Fibonacci confluence. This suggests a potential turning point where selling pressure might increase, leading to a potential reversal or pullback in the bullish trend.
1st support: 102.62
Supporting reasons: Known as an Overlap support, indicating a strong area where buying interest has historically been present, providing a solid foundation for potential price stabilisation or a minor rebound if the bearish movement extends from the pivot point.
1st resistance: 105.99
Supporting reasons: Identified as an Overlap resistance with a 78.60% Fibonacci Retracement, marking a significant barrier that could cap upward movements, highlighting its importance as a critical threshold for bullish attempts to continue the upward momentum.
EUR/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: 1.0794
Supporting reasons: Acts as an Overlap resistance, a crucial level that might indicate where selling pressure can intensify, suggesting a potential turning point for the price to continue its downward movement.
1st support: 1.0663
Supporting reasons: Known as overlap support with a 61.80% Fibonacci Projection, indicating a significant area where the market has previously found support, providing a foundation for potential price stabilization or a minor rebound within the bearish trend.
1st resistance: 1.0960
Supporting reasons: Identified as Swing high resistance, marking a significant barrier that could cap upward movements, highlighting its importance as a critical threshold for monitoring bearish momentum within the context of an overall bearish market.
EUR/JPY:
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Factors contributing to the momentum include the price being above a major ascending trend line, suggesting further bullish momentum is likely.
Price could potentially make a bearish reaction off pivot and drop to 1st support
Pivot: 163.30
Supporting reasons: Acts as Pullback resistance, a level where selling pressure could intensify, indicating a potential spot for the price to reverse and move downwards despite the prevailing bullish trend.
1st support: 160.39
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 rebound within the context of a bearish move.
1st resistance: 165.33
Supporting reasons: Identified as Swing high resistance, marking a significant barrier that has previously capped upward movements.
EUR/GBP:
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Price could potentially make a bearish continuation towards 1st support
Pivot: 0.8572
Supporting reasons: Acts as an Overlap resistance, indicating a key level where selling pressure might increase, suggesting a potential turning point for the price to continue its downward movement.
1st support: 0.8506
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 rebound within the context of a bearish move.
1st resistance: 0.8613
Supporting reasons: Identified as an Overlap resistance, marking a significant barrier that has previously capped upward movements.
GBP/USD:
Potential Direction: Bullish
Overall momentum of the chart: Neutral
Price could potentially make a bullish bounce off pivot and head toward 1st resistance
Pivot: 1.2522
Supporting reasons: Acts as an Overlap support with a 38.20% Fibonacci Retracement, indicating a key level where buying interest could intensify, suggesting a solid foundation for a potential upward movement.
1st support: 1.2383
Supporting reasons: Known as an Overlap support with a 61.80% Fibonacci Retracement, suggesting a significant area where the market has previously found strong buying support, providing a deeper layer of potential price stabilization or a rebound within a bullish context.
1st resistance: 1.2796
Supporting reasons: Identified as Multi-swing high resistance, marking a significant barrier that has capped previous upward movements.
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: 191.06
Supporting reasons: Acts as an Overlap resistance, a critical level where selling pressure might intensify, indicating a potential spot for the price to reverse and move downwards despite the prevailing bullish trend.
1st support: 188.40
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 rebound within the context of a bearish move.
1st resistance: 194.80
Supporting reasons: Marked by a 161.80% Fibonacci Extension, indicating a significant barrier that could cap upward movements.
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: 0.9049
Supporting reasons: Acts as Multi-swing high resistance, indicating a critical level where selling pressure could intensify, suggesting a potential turning point for the price to continue its downward movement.
1st support: 0.8895
Supporting reasons: Known as Pullback support, suggesting a significant area where the market has previously found support, providing a foundation for potential price stabilization or a minor rebound within the bearish trend.
1st resistance: 0.9225
Supporting reasons: Identified as Multi-swing high resistance, marking a significant barrier that has capped previous upward movements. This indicates a crucial threshold for monitoring bearish momentum, reinforcing the bearish outlook in the context of an overall bearish market
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: 151.80
Supporting reasons: Identified as Multi-swing high resistance with a 127.20% Fibonacci Extension, marking a significant level where selling pressure could intensify, suggesting a potential reversal point for the price to continue its downward movement within the context of an overall bullish trend.
1st support: 148.63
Supporting reasons: Acts as Pullback support with a 61.80% Fibonacci Retracement, indicating a critical area where the market has previously found support, providing a foundation for potential price stabilization or a minor rebound.
1st resistance: 153.39
Supporting reasons: Characterized by a 161.80% Fibonacci Extension and a 61.80% Fibonacci Projection, indicating a significant level of Fibonacci confluence. This confluence acts as a strong technical indicator that the price might target, underscoring its importance for the bearish momentum.
USD/CAD:
Potential Direction: Bullish
Overall momentum of the chart: Neutral
Price could potentially make a bullish rise towards the 1st resistance
1st support: 1.3523
Supporting reasons: Identified as a pullback support that aligns close to a 61.8% Fibonacci retracement level suggesting a significant area where the market has previously found strong buying interest, providing a foundation for potential price stabilization.
1st resistance: 1.3613
Supporting reasons: Identified as a multi-swing-high resistance, marking a significant barrier that could cap further upward movements.
AUD/USD:
Potential Direction: Bullish
Overall momentum of the chart: Neutral
Price could potentially make a bullish rise towards the pivot before making a bearish reaction to drop towards the 1st support
Pivot: 0.6510
Supporting reasons: Acts as pullback resistance that aligns close to a 23.6% Fibonacci retracement level indicating a key level where selling interest has been strong, suggesting a potential barrier against further upward movement.
1st support: 0.6480
Supporting reasons: Acts as a swing-low support, suggesting a significant area where price has previously found strong support, providing a basis for a potential price stabilization or a minor rebound.
1st resistance: 0.6534
Supporting reasons: Identified as a pullback resistance that aligns close to a 38.2% Fibonacci retracement level, marking a significant barrier that has previously capped upward movements.
NZD/USD
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Price could potentially make a bearish break below the pivot and drop to 1st support
Pivot: 0.5943
Supporting reasons: Acts as a pullback support where price could potentially break under to extend the bearish continuation.
1st support: 0.5915
Supporting reasons: Acts as a pullback support that aligns with a 100% Fibonacci projection level, suggesting a potential area for price stabilization or a minor rebound within the bearish context.
1st resistance: 0.5993
Supporting reasons: Identified as an overlap resistance, marking a significant barrier that could cap upward movements.
DJ30:
Potential Direction: Bearish
Overall momentum of the chart: Neutral
Price could potentially make a bearish continuation towards the 1st support
1st support: 39,298.12
Supporting reasons: Identified as an overlap support that aligns close to a 50% Fibonacci retracement level suggesting a significant area where price has previously found strong buying interest, providing a solid foundation for potential price stabilization or a rebound.
1st resistance: 39,3978.29
Supporting reasons: Identified as a pullback resistance, indicating a significant barrier that could cap further upward movements.
GER40:
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Price could potentially make a bearish reaction off the pivot and drop towards the 1st support
Pivot: 18,567.67
Supporting reasons: Identified as a pullback resistance that aligns with a 78.6% Fibonacci projection level, suggesting a potential zone where price could face selling pressures and make a bearish reaction.
1st support: 18,037.52
Supporting reasons: Acts as an overlap support suggesting a significant area where price has previously found strong buying interest, providing a solid foundation for a potential price stabilization or a rebound.
1st resistance: 18,837.43
Supporting reasons: Marked by a 100% Fibonacci Projection, indicating a significant barrier that could cap further upward movements. Overcoming this level would underscore the strength of the bullish momentum.
US500:
Potential Direction: Bearish
Overall momentum of the chart: Neutral
Price could potentially make a bearish continuation towards the 1st support
1st support: 5,190.72
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, providing a solid foundation for potential price stabilization or a rebound in the event of a pullback.
1st resistance: 5,276.06
Supporting reasons: Marked by a pullback resistance at the all-time high, indicating a significant barrier that could cap further upward movements.
BTC/USD:
Potential Direction: Bearish
Overall momentum of the chart: Neutral
Price could potentially make a bearish continuation towards the 1st support
1st support: 61,521.91
Supporting reasons: Acts as a swing-low support that aligns with a 78.6% Fibonacci projection level suggesting a significant area where price has previously found strong buying interest, providing a solid foundation for potential price stabilization or a rebound in the event of a pullback.
1st resistance: 71,672.15
Supporting reasons: Marked by a pullback resistance, indicating a significant barrier that could cap further upward movements.
ETH/USD:
Potential Direction: Bullish
Overall momentum of the chart: Bearish
Price could potentially make a bullish bounce off the pivot and rise towards the 1st resistance
Pivot: 3,295.12
Supporting reasons: Acts as a pullback support that aligns with a 61.8% Fibonacci retracement level indicating a key level where buying interest has historically been strong, suggesting a solid foundation for a potential price stabilization or a rebound.
1st support: 3,111.04
Supporting reasons: Identified as a swing-low support suggesting a significant area where price has previously found support, providing a strong foundation for further downward movements.
1st resistance: 3,661.29
Supporting reasons: Identified as a pullback resistance that aligns close to a 61.8% Fibonacci retracement level, marking a significant barrier that has previously capped upward movements.
WTI/USD (Oil):
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price could potentially make a bullish continuation towards the pivot and stall around this region
Pivot: 86.67
Supporting reasons: Marked by an overlap resistance that aligns close to a 78.6% Fibonacci projection level, indicating a significant level where selling pressure might intensify.
1st support: 83.52
Supporting reasons: Identified as a pullback support suggesting a significant area where price has previously found strong buying interest, providing a solid foundation for potential price stabilization or a rebound.
1st resistance: 89.25
Supporting reasons: Identified as a pullback resistance, marking a significant barrier that could cap further upward movements.
XAU/USD (GOLD):
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price could potentially make a bullish continuation
Pivot: 2276.21
Supporting reasons: Marked by a 61.80% Fibonacci Projection, indicating a significant level where selling pressure could intensify, suggesting a potential turning point for the price to continue its downward movement within the context of an overall bullish trend.
1st support: 2192.08
Supporting reasons: Known as Pullback support, suggesting a significant area where the market has previously found support, providing a foundation for potential price stabilization or a minor rebound within the bearish movement.
1st resistance: 2304.24
Supporting reasons: Characterized by a 78.60% Fibonacci Projection, marking a significant barrier that could cap upward movements, indicating a crucial threshold for monitoring bearish momentum against the backdrop of an overall bullish market.
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