DXY (US Dollar Index):
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Factors contributing to the momentum is that price is: In a bearish descending channel
Price could potentially make a: Bearish reaction off pivot and drop to 1st support
Pivot: 104.88
Supporting reasons: Identified as a pullback resistance with confluence from the 38.20% Fibonacci Retracement, suggesting a level where selling pressure may intensify, potentially leading to a bearish reaction.
1st support: 104.09
Supporting reasons: Recognized as an overlap support, indicating a historical level where buying interest has emerged, potentially acting as a support for downward movement.
1st resistance: 105.56
Supporting reasons: Noted as an overlap resistance with confluence from the 61.80% Fibonacci Retracement, suggesting a significant area where selling pressure may be present, potentially hindering further upward movement.
EUR/USD:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Factors contributing to the momentum is that price is: Within the bullish Ichimoku cloud
Price could potentially make a: Bullish bounce off pivot and heads toward 1st resistance
Pivot: 1.0812
Supporting reasons: Identified as an overlap support, indicating a historical level where buying interest has emerged, potentially acting as a pivot for bullish movement.
1st support: 1.0745
Supporting reasons: Recognized as an overlap support with confluence from the 50% Fibonacci Retracement, suggesting a significant area where buying pressure may intensify, potentially providing additional support for upward movement.
1st resistance: 1.0890
Supporting reasons: Noted as an overlap resistance, suggesting a significant area where selling pressure may be present, potentially hindering further upward movement
EUR/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: 170.01
Supporting reasons: Identified as a pivot with confluence from the 78.60% Fibonacci Retracement, suggesting a significant area where selling pressure may intensify, potentially leading to a bearish reaction.
1st support: 167.39
Supporting reasons: Recognized as an overlap support, indicating a historical level where buying interest has emerged, potentially acting as a support for downward movement.
1st resistance: 171.63
Supporting reasons: Noted as a swing high resistance, indicating a significant historical level where selling pressure may be present, potentially hindering further upward movement.
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: 0.8565
Supporting reasons: Identified as an overlap resistance, suggesting a significant historical level where selling pressure may intensify, potentially leading to a bearish reaction.
1st support: 0.8530
Supporting reasons: Recognized as a multi-swing low support, indicating a historical level where buying interest has emerged, potentially acting as a support for downward movement.
1st resistance: 0.8590
Supporting reasons: Noted as an overlap resistance, indicating another significant historical level where selling pressure may be present, potentially hindering further upward movement.
GBP/USD:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Factors contributing to the momentum is that price is: In a bullish ascending channel
Price could potentially make a bullish bounce off pivot and heads towards 1st resistance
Pivot: 1.2634
Supporting reasons: Identified as a pullback support, suggesting a level where buying interest may emerge, potentially acting as a pivot for bullish movement.
1st support: 1.2561
Supporting reasons: Recognized as a pullback support, indicating another level where buying interest may emerge, potentially providing additional support for upward movement.
1st resistance: 1.2763
Supporting reasons: Noted as a pullback resistance with confluence from the 78.60% Fibonacci Retracement and 100% Fibonacci Projection, suggesting a significant area where selling pressure may intensify, potentially hindering further upward movement. The Fibonacci confluence enhances the significance of this resistance level.
GBP/JPY:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price could potentially make a bullish bounce off pivot and heads towards 1st resistance
Pivot: 197.47
Supporting reasons: Identified as an overlap support, indicating a historical level where buying interest has emerged, potentially acting as a pivot for bullish movement.
1st support: 195.49
Supporting reasons: Recognized as an overlap support, indicating another historical level where buying interest may emerge, potentially providing additional support for upward movement.
1st resistance: 200.60
Supporting reasons: Noted as a swing high resistance with confluence from the 100% Fibonacci Projection, suggesting a significant historical level where selling pressure may be present, potentially hindering further upward movement.
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: 0.9152
Supporting reasons: Identified as a pullback resistance with confluence from the 61.80% Fibonacci Retracement and 127.20% Fibonacci Extension, suggesting a significant area where selling pressure may intensify, potentially leading to a bearish reaction.
1st support: 0.8996
Supporting reasons: Recognized as a multi-swing low support, indicating a historical level where buying interest has emerged, potentially acting as a support for downward movement.
1st resistance: 0.9223
Supporting reasons: Noted as a swing high resistance, indicating a significant historical level where selling pressure may be present, potentially hindering further upward movement.
USD/JPY:
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Price could potentially make a bearish reaction off pivot and drop to 1st support
Pivot: 156.58
Supporting reasons: Identified as a swing high resistance, indicating a significant historical level where selling pressure may intensify, potentially leading to a bearish reaction.
1st support: 153.63
Supporting reasons: Recognized as an overlap support, indicating a historical level where buying interest has emerged, potentially acting as a support for downward movement.
1st resistance: 158.41
Supporting reasons: Noted as a swing high resistance with confluence from the 78.60% Fibonacci Retracement and 127.20% Fibonacci Extension, suggesting a significant area where selling pressure may intensify, potentially hindering further upward movement. The Fibonacci confluence enhances the significance of this resistance level.
USD/CAD:
Potential Direction: Bearish
Overall momentum of the chart: Neutral
Price is rising towards the pivot and could potentially make a bearish reaction off this level to drop towards the 1st support.
Pivot: 1.3649
Supporting reasons: Identified as an overlap resistance that aligns close to a 38.2% Fibonacci retracement level, suggesting a significant area where price could stall and reverse to drop lower.
1st support: 1.3590
Supporting reasons: Identified as a pullback support, suggesting an area where price has found strong buying interests in the past to potentially halt any further downward movement.
1st resistance: 1.3687
Supporting reasons: Identified as a pullback resistance that aligns close to a 50% Fibonacci retracement level, marking a significant barrier that could cap further upward movements.
AUD/USD:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price is falling towards the pivot and could potentially make a bullish reaction off this level to rise towards the 1st resistance.
Pivot: 0.6648
Supporting reasons: Acts as an overlap support, suggesting an area where buying interests could pick up to stage a rebound.
1st support: 0.6593
Supporting reasons: Acts as a pullback support that aligns close to a 38.2% Fibonacci retracement level, suggesting a significant area where price has found strong support recently to provide a basis to halt further downward movement.
1st resistance: 0.6714
Supporting reasons: Identified as a pullback resistance that aligns close to a 127.2% Fibonacci extension level, marking a barrier that has previously capped upward movements.
NZD/USD
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price is falling towards the pivot and could potentially make a bullish reaction off this level to rise towards the 1st resistance.
Pivot: 0.6074
Supporting reasons: Acts as a pullback support that aligns with a 23.6% Fibonacci retracement level, suggesting an area where buying interests could pick up.
1st support: 0.6038
Supporting reasons: Acts as a pullback support that aligns with a 38.2% Fibonacci retracement level, suggesting a potential area where price could find strong support to halt further downward movement.
1st resistance: 0.6136
Supporting reasons: Identified as an overlap resistance, marking a barrier that has previously capped upward movements.
US30 (DJIA):
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price is falling towards the pivot and could potentially make a bullish reaction off this level to rise towards the 1st resistance. In addition, the presence of a RSI bearish divergence increases the probability of a pull back towards the pivot.
Pivot: 39,310.89
Supporting reasons: Identified as an overlap support that aligns close to a 23.6% Fibonacci retracement level, suggesting an area where buying interests could pick up to stage a rebound.
1st support: 38,572.60
Supporting reasons: Identified as an overlap support that aligns close to a 50% Fibonacci retracement level, suggesting a significant area where price could find strong buying interests to provide a solid foundation to halt further downward movement.
1st resistance: 40,075.11
Supporting reasons: Identified as a pullback resistance at the all-time high, indicating a potential barrier that could cap any upward movements.
DE40 (DAX):
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price is falling towards the pivot and could potentially make a bullish reaction off this level to rise towards the 1st resistance.
Pivot: 18,534.90
Supporting reasons: Identified as a pullback support that aligns close to a 23.6% Fibonacci retracement level, suggesting an area where buying interests could pick up to stage a rebound.
1st support: 18,319.76
Supporting reasons: Acts as a pullback support that aligns close to a 38.2% Fibonacci retracement level, suggesting an area where buying interests could pick up to halt further downward movement.
1st resistance: 18,894.40
Supporting reasons: Identified as a pullback resistance close to the all-time high, potentially functioning as a barrier that could cap any upward movements.
US500 (S&P 500):
Potential Direction: Bullish
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: 5,276.06
Supporting reasons: Identified as pullback support, suggesting an area where buying interests could pick up to stage a rebound.
1st support: 5,206.96
Supporting reasons: Acts as an overlap support, suggesting a significant area where price could find strong buying interests to provide a solid foundation to halt further downward movement.
1st resistance: 5,379.91
Supporting reasons: Acts as a resistance that aligns with a 127.2% Fibonacci extension level, suggesting a significant area where selling pressures could intensify.
BTC/USD (Bitcoin):
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Price has made a bearish reaction off the pivot and could potentially drop towards the 1st support.
Pivot: 71,299.24
Supporting reasons: Identified as a pullback resistance, suggesting an area where selling pressures have intensified in the past.
1st support: 67,274.48
Supporting reasons: Acts as a pullback support that aligns with a 38.2% Fibonacci retracement level, suggesting an area where buying interests could pick up to halt further downward movements.
1st resistance: 73,435.36
Supporting reasons: Marked by a pullback resistance, indicating a significant barrier that could cap further upward movements.
ETH/USD (Ethereum):
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Price has made a bearish reaction off the pivot and could potentially drop towards the 1st support.
Pivot: 3,702.62
Supporting reasons: Identified as a pullback resistance, suggesting an area where selling pressures have intensified in the past.
1st support: 3,457.27
Supporting reasons: Identified as an overlap support, suggesting a significant area which could provide a strong foundation to halt further downward movements.
1st resistance: 3,951.32
Supporting reasons: Identified as an overlap resistance that aligns close to a 127.2% Fibonacci extension level, marking a significant barrier that could cap further upward movements.
WTI/USD (Oil):
Potential Direction: Bullish
Overall momentum of the chart: Neutral
Price is falling towards the pivot and could potentially make a bullish reaction off this level to rise towards the 1st resistance.
Pivot: 77.22
Supporting reasons: Identified as pullback support, suggesting an area where buying interests could pick up to stage a rebound.
1st support: 75.84
Supporting reasons: Identified as a pullback support, suggesting a significant area where price has previously found strong buying interest recently and could provide a solid foundation to halt further downward movements.
1st resistance: 80.89
Supporting reasons: Identified as a pullback resistance that aligns close to a 38.2% Fibonacci retracement level, 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 bounce-off pivot and head towards 1st resistance
Pivot: 2409.34
Supporting reasons: Identified as an overlap support with confluence from the 23.60% Fibonacci Retracement, suggesting a significant historical level where buying interest may emerge, potentially acting as a pivot for bullish movement.
1st support: 2372.23
Supporting reasons: Recognized as an overlap support with confluence from the 50% Fibonacci Retracement, indicating another historical level where buying interest has emerged, potentially providing additional support for upward movement.
1st resistance: 2474.00
Supporting reasons: Noted as a significant resistance level, suggesting a potential target for bullish movement, with confluence from the 127.20% Fibonacci Extension.
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