DXY:

The DXY (US Dollar Index) chart currently shows an overall bearish momentum, indicating a potential for price to make a bearish reaction off the 1st resistance and fall towards the 1st support.

The 1st resistance level at 102.61 is identified as an overlap resistance that aligns close to the 38.20% Fibonacci retracement level. Higher up, the 2nd resistance level at 103.20 is also marked as an overlap resistance that aligns with a confluence of Fibonacci levels i.e. the 61.80% retracement and the 78.60% projection levels, suggesting a potential barrier for further upside movement.

To the downside, the 1st support level at 101.87 is identified as a multi-swing-low support. Further below, the 2nd support level at 100.67 is noted as a swing-low, further reinforcing its importance as a potential key support level.

EUR/USD:

The EUR/USD chart currently exhibits an overall bearish momentum. In this context, there is a potential scenario for price to make a bearish continuation towards the 1st support.

The 1st support level at 1.0878 is identified as an overlap support that aligns close to the 50.00% Fibonacci retracement level. Further below, the 2nd support level at 1.0747 is also marked as an overlap support, further reinforcing its importance as a potential key support level.

To the upside, the 1st resistance level at 1.1006 is identified as a multi-swing-high resistance. Higher up, the 2nd resistance level at 1.1139 is noted as a swing-high resistance, suggesting a potential barrier for further upside movement.

EUR/JPY:

The EUR/JPY chart currently exhibits a neutral overall momentum, suggesting a potential scenario where the price could fluctuate between the 1st resistance and the 1st support level.

The 1st support at 154.07 is considered significant as it represents a pullback support. This level indicates a potential area where buying interest may emerge after a pullback, providing support for the currency pair.

Similarly, the 2nd support at 152.11 is identified as a swing low support. This adds another layer of potential support for EUR/JPY, indicating a zone where buying interest may be present, particularly considering its alignment with a swing low.

On the resistance side, the 1st resistance at 157.54 is associated with a pullback resistance. This level may act as a barrier where selling interest could intensify, potentially causing a temporary pause or reversal in the neutral trend.

Furthermore, the 2nd resistance at 158.60 is characterized as an overlap resistance. This adds another layer of significance to the resistance, suggesting a potential area where selling pressure may increase, especially considering its alignment with an overlap level.

EUR/GBP:

The EUR/GBP chart currently has a bearish overall momentum, and there is a potential scenario for a bearish continuation towards the 1st support.

The 1st support at 0.8615 is considered significant as it represents an overlap support. This level indicates a historical area where buying interest has been present, reinforcing its potential as a crucial support zone.

Similarly, the 2nd support at 0.8597 is identified as a pullback support. This adds another layer of potential support for the currency pair, indicating a zone where buying interest may emerge after a pullback.

On the resistance side, the 1st resistance at 0.8651 is associated with a pullback resistance. This level may act as a barrier where selling interest could intensify, potentially causing a temporary pause or reversal in the bearish trend.

Furthermore, the 2nd resistance at 0.8675 is characterized as an overlap resistance. This adds another layer of significance to the resistance, suggesting a potential area where selling pressure may increase, especially considering its alignment with an overlap level.

GBP/USD:

The GBP/USD chart currently exhibits an overall bearish momentum. In this context, there is a potential scenario for price to make a bearish continuation towards the 1st support.

The 1st support level at 1.2612 is identified as an overlap support that aligns with the 61.80% Fibonacci retracement level. Further below, the 2nd support level at 1.2502 is marked as a swing-low support, further reinforcing its importance as a potential key support level.

To the upside, the 1st resistance level at 1.2781 is identified as a multi-swing-high resistance that aligns with the 127.20% Fibonacci extension level. Higher up, the 2nd resistance level at 1.2872 is noted as a pullback resistance that aligns with the 161.80% Fibonacci extension level, suggesting a potential barrier for further upside movement.

GBP/JPY:

The GBP/JPY chart currently has a bearish overall momentum, suggesting a potential scenario for a bearish continuation towards the 1st support.

The 1st support at 178.69 is considered significant as it represents a swing low support. This level indicates a historical area where buying interest has been present, reinforcing its potential as a crucial support zone.

Similarly, the 2nd support at 176.41 is identified as a pullback support. This adds another layer of potential support for the currency pair, indicating a zone where buying interest may emerge after a pullback.

On the resistance side, the intermediate resistance at 181.57 is associated with a pullback resistance and the 61.80% Fibonacci Retracement level. This level may act as a barrier where selling interest could intensify, potentially causing a temporary pause or reversal in the bearish trend.

Furthermore, the 1st resistance at 182.89 is characterized as an overlap resistance and coincides with the 78.60% Fibonacci Retracement level. This adds another layer of significance to the resistance, suggesting a potential area where selling pressure may increase.

USD/CHF:

The USD/CHF chart currently exhibits an overall bearish momentum. In this context, there is a potential scenario for price to make a bearish continuation towards the 1st support.

The 1st support level at 0.8638 is identified as a pullback support. Further below, the 2nd support level at 0.8558 is noted as a multi-swing-low, further reinforcing its importance as a key support level.

To the upside, the 1st resistance level at 0.8710 is identified as a pullback resistance that aligns with the 38.20% Fibonacci retracement level. Higher up, the 2nd resistance level at 0.8751 is also marked as a pullback resistance that aligns with a confluence of Fibonacci levels i.e. the 61.80% retracement and the 78.60% projection levels, suggesting a potential barrier for further upside movement.

USD/JPY:

The USD/JPY chart currently exhibits an overall bullish momentum, indicating a potential for price to break above the 1st resistance and make a bullish continuation towards the 2nd resistance.

The 1st resistance level at 143.04 is identified as an overlap resistance that aligns with the 38.20% Fibonacci retracement level. Higher up, the 2nd resistance level at 145.32 is marked as a pullback resistance that aligns with the 78.60% Fibonacci retracement level, suggesting a potential barrier for further upside movement.

To the downside, the 1st support level at 141.41 is identified as a pullback support. Further below, the 2nd support level at 138.76 is noted as a swing-low support that aligns with the 78.60% Fibonacci projection level, further reinforcing its importance as a key support level.

USD/CAD:

The USD/CAD chart currently exhibits an overall bearish momentum, indicating a potential for a drop towards the 1st support.

The 1st support level at 1.3364 is identified as a pullback support. Further below, the 2nd support level at 1.3319 is also noted as a pullback support, further reinforcing its importance as a key support level.

To the upside, the 1st resistance level at 1.3423 is identified as a pullback resistance that aligns with a confluence of Fibonacci levels i.e. the 23.60% retracement and the 61.80% projection levels. Higher up, the 2nd resistance level at 1.3486 is also marked as a pullback resistance that aligns with the 50.00% Fibonacci retracement level, suggesting a potential barrier for further upside movement.

AUD/USD:

The AUD/USD chart currently exhibits an overall bullish momentum. In this context, there is a potential scenario for price to make a bullish continuation towards the 1st resistance.

The 1st resistance level at 0.6739 is identified as a swing-high resistance that aligns with the 127.20% Fibonacci extension level. Higher up, the 2nd resistance level at 0.6811 is also noted as a swing-high resistance, indicating its potential significance as a barrier for further upward movement.

To the downside, the 1st support level at 0.6670 is identified as an overlap support that aligns close to the 38.20% Fibonacci retracement level. Further below, the 2nd support level at 0.6614 is marked as a pullback support that aligns with the 61.80% Fibonacci retracement level, further reinforcing its importance as a key support level.

NZD/USD

The NZD/USD chart currently exhibits an overall bullish momentum. In this context, there is a potential scenario for price to make a bullish continuation towards the 1st resistance.

The 1st resistance level at 0.6259 is identified as a swing-high resistance that aligns with a confluence of Fibonacci levels i.e. the 127.20% extension and the 61.80% projection levels. Higher up, the 2nd resistance level at 0.6307 is also marked as a swing-high resistance that aligns with a confluence of Fibonacci levels i.e. the 161.80% extension and the 78.60% projection levels, indicating its potential significance as a barrier for further upward movement.

To the downside, the 1st support level at 0.6182 is identified as an overlap support that aligns with the 38.20% Fibonacci retracement level. Further below, the 2nd support level at 0.6097 is noted as a swing-low support, further reinforcing its importance as a key support level.

DJ30:

The DJ30 chart currently exhibits a bullish overall momentum, suggesting a potential scenario for a bullish continuation towards the 1st resistance.

The 1st support at 36334.96 is considered significant as it represents an overlap support. This level indicates a historical area where buying interest has been present, reinforcing its potential as a crucial support zone.

Similarly, the 2nd support at 35731.96 is identified as a pullback support. This adds another layer of potential support for the index, indicating a zone where buying interest may emerge after a pullback.

On the resistance side, the 1st resistance at 37808.77 is associated with the 161.80% Fibonacci Extension level. This level may act as a barrier where selling interest could intensify, potentially causing a temporary pause or reversal in the bullish trend.

GER40:

The GER40 chart currently has a bearish overall momentum, and there is a potential scenario for a bearish continuation towards the 1st support.

The 1st support at 16523.80 is considered significant as it represents an overlap support. This level indicates a historical area where buying interest has been present, reinforcing its potential as a crucial support zone.

Similarly, the 2nd support at 16391.00 is identified as a pullback support. This adds another layer of potential support for the index, indicating a zone where buying interest may emerge after a pullback.

On the resistance side, the 1st resistance at 16992.00 is associated with the 127.20% Fibonacci Extension level. This level may act as a barrier where selling interest could intensify, potentially causing a temporary pause or reversal in the bearish trend.

`US500:

The US500 chart currently exhibits a bullish overall momentum, suggesting a potential scenario for a bullish continuation towards the 1st resistance.

The 1st support at 4605.9 is considered significant as it represents a pullback support. This level indicates a historical area where buying interest has been present, reinforcing its potential as a crucial support zone.

Similarly, the 2nd support at 4514.8 is identified as an overlap support. This adds another layer of potential support for the index, indicating a zone where buying interest may emerge after a pullback.

On the resistance side, the 1st resistance at 4739.2 is associated with a swing high resistance. This level may act as a barrier where selling interest could intensify, potentially causing a temporary pause or reversal in the bullish trend.

Furthermore, the 2nd resistance at 4913.1 is characterized as a swing high resistance and coincides with the 161.80% Fibonacci Extension level. This adds another layer of significance to the resistance, suggesting a potential area where selling pressure may increase.

BTC/USD:

The BTC/USD chart currently has a bullish overall momentum, suggesting a potential scenario for a bullish continuation towards the 1st resistance.

The 1st support at 40715 is considered significant as it represents a pullback support. This level indicates a historical area where buying interest has been present, reinforcing its potential as a crucial support zone.

Similarly, the 2nd support at 38211 is identified as a pullback support. This adds another layer of potential support for the cryptocurrency, indicating a zone where buying interest may emerge after a pullback.

On the resistance side, the 1st resistance at 44122 is associated with a swing high resistance and coincides with the 100% Fibonacci Retracement level. This level may act as a barrier where selling interest could intensify, potentially causing a temporary pause or reversal in the bullish trend.

Furthermore, the 2nd resistance at 45814 is characterized as a potential target, given the 127.20% Fibonacci Extension level. This adds another layer of significance to the resistance, suggesting a potential area where selling pressure may increase.

ETH/USD: 

The ETH/USD chart currently demonstrates a bullish overall momentum, indicating a potential scenario for a bullish continuation towards the 1st resistance.

The 1st support at 2162.19 is considered significant as it represents a pullback support. This level indicates a historical area where buying interest has been present, reinforcing its potential as a crucial support zone.

Similarly, the 2nd support at 2120.29 is identified as an overlap support. This adds another layer of potential support for the cryptocurrency, indicating a zone where buying interest may emerge after a pullback.

On the resistance side, the 1st resistance at 2316.22 is associated with a swing high resistance. This level may act as a barrier where selling interest could intensify, potentially causing a temporary pause or reversal in the bullish trend.

Furthermore, the 2nd resistance at 2386.32 is characterized as a multi-swing high resistance, suggesting increased resistance in this area.

WTI/USD:

The WTI chart currently exhibits an overall bearish momentum, suggesting a prevailing downward trend. In this context, there is a potential scenario for price to make a bearish continuation towards the 1st support.

The 1st support level at 72.60 is identified as an overlap support. Further below, the 2nd support level at 71.32 is marked as a pullback support that aligns with the 50.00% Fibonacci retracement level, reinforcing its importance as a key support level.

To the upside, the 1st resistance level at 74.41 is identified as an overlap resistance that aligns close to the 61.80% Fibonacci retracement level. Higher up, the 2nd resistance level at 79.40 is noted as a multi-swing-high resistance, further indicating its potential significance as a barrier for further upward movement.

XAU/USD (GOLD):

The XAU/USD chart currently demonstrates a neutral momentum, indicating a potential for price to fluctuate between the 1st support and the 1st resistance.

The 1st support level at 2,016.90 is identified as an overlap support that aligns with the 38.20% Fibonacci retracement level. Further below, the 2nd support level at 1,976.18 is noted as a pullback support, reinforcing its importance as a key support level.

To the upside, the 1st resistance level at 2,054.49 is identified as a swing-high resistance that aligns close to the 50.00% Fibonacci retracement level. Higher up, the 2nd resistance level at 2,087.79 is marked as a pullback resistance that aligns close to the 61.80% Fibonacci retracement level, further indicating its potential significance as a barrier for further upward movement.

The accuracy, completeness and timeliness of the information contained on this site cannot be guaranteed. IC Markets does not warranty, guarantee or make any representations, or assume any liability regarding financial results based on the use of the information in the site.

News, views, opinions, recommendations and other information obtained from sources outside of www.icmarkets.com, used in this site are believed to be reliable, but we cannot guarantee their accuracy or completeness. All such information is subject to change at any time without notice. IC Markets assumes no responsibility for the content of any linked site.

The fact that such links may exist does not indicate approval or endorsement of any material contained on any linked site. IC Markets is not liable for any harm caused by the transmission, through accessing the services or information on this site, of a computer virus, or other computer code or programming device that might be used to access, delete, damage, disable, disrupt or otherwise impede in any manner, the operation of the site or of any user’s software, hardware, data or property.