DXY (US Dollar Index):
Potential Direction: Bullish
Overall momentum of the chart: Bearish
Price could potentially make a bullish continuation towards the 1st resistance.
Pivot: 102.28
Supporting reasons: Identified as swing low support, indicating a potential area where the price could find a strong base and push higher.
1st support: 101.28
Supporting reasons: Identified as an overlap support, suggesting a critical level where price could stabilize or reverse on a decline.
1st resistance: 103.67
Supporting reasons: Identified as an overlap resistance, reinforced by the 50% Fibonacci retracement, indicating a significant level where price might encounter selling pressure or a reversal.
EUR/USD:
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Price could potentially make a bearish reaction off the pivot and drop to the 1st support.
Pivot: 1.0990
Supporting reasons: Identified as an overlap resistance, suggesting a potential area where selling pressure could emerge, leading to a decline.
1st support: 1.0942
Supporting reasons: Identified as pullback support, reinforced by the 61.80% Fibonacci retracement, indicating a significant level where the price might find support.
1st resistance: 1.1045
Supporting reasons: Identified as swing high resistance, where previous rallies have faced selling pressure or reversed.
EUR/JPY:
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Price could potentially make a bearish reaction off the pivot and drop to the 1st support.
Pivot: 165.30
Supporting reasons: Identified as an overlap resistance, reinforced by the 50% Fibonacci retracement, indicating a potential level where selling pressure may emerge.
1st support: 161.42
Supporting reasons: Identified as an overlap support, suggesting a significant area where previous declines have found support.
1st resistance: 168.02
Supporting reasons: Identified as an overlap resistance, where previous rallies have faced selling pressure or reversed.
EUR/GBP:
Potential Direction: Bullish
Overall momentum of the chart: Bearish
Price could potentially make a bullish bounce off the pivot and head towards the 1st resistance.
Pivot: 0.8518
Supporting reasons: Identified as an overlap support, reinforced by the 50% Fibonacci retracement and 127.20% Fibonacci extension, indicating Fibonacci confluence and suggesting a strong potential for a bullish move.
1st support: 0.8475
Supporting reasons: Identified as pullback support, suggesting an area where the price may find support before continuing its bullish direction.
1st resistance: 0.8563
Supporting reasons: Identified as pullback resistance, indicating a potential area where the price could face selling pressure or reversal.
GBP/USD:
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Price could potentially make a bearish reaction off the pivot and drop to the 1st support.
Pivot: 1.2886
Supporting reasons: Identified as an overlap resistance, indicating a potential area where sellers could enter the market, reinforcing the bearish momentum.
1st support: 1.2803
Supporting reasons: Identified as an overlap support, suggesting a significant area where previous declines have found support and could potentially slow down the bearish move.
1st resistance: 1.2940
Supporting reasons: Identified as an overlap resistance, marking a historical point where previous rallies have faced selling pressure or reversed, adding to the bearish outlook.
GBP/JPY:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price could potentially make a bullish bounce off the pivot and head towards the 1st resistance.
Pivot: 190.18
Supporting reasons: Identified as a pullback support, indicating a level where the price might find buyers, supporting the continuation of the bullish trend.
1st support: 185.99
Supporting reasons: Identified as an overlap support, suggesting a significant area where previous declines have found support, potentially providing a strong base for further upward movement.
1st resistance: 195.05
Supporting reasons: Identified as a pullback resistance, supported by the 78.60% Fibonacci Retracement, indicating a level where the price might face selling pressure, but a successful breach could reinforce the bullish momentum.
USD/CHF:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Factors contributing to the momentum: Price is within a bullish ascending channel
Price could potentially make a bullish bounce off the pivot and head towards the 1st resistance.
Pivot: 0.8692
Supporting reasons: Identified as a pullback support, indicating a level where the price might find buyers, supporting the continuation of the bullish trend within the ascending channel.
1st support: 0.8630
Supporting reasons: Identified as an overlap support, suggesting a significant area where previous declines have found support, providing a strong base for further upward movement.
1st resistance: 0.8795
Supporting reasons: Identified as a pullback resistance, reinforced by the 78.60% Fibonacci Retracement, indicating a level where the price might face selling pressure, but a successful breach could confirm the continuation of the bullish trend.
USD/JPY:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price could potentially make a bullish bounce off the pivot and head towards the 1st resistance.
Pivot: 148.54
Supporting reasons: Identified as a pullback support, indicating a level where the price might find buyers, supporting the continuation of the bullish trend.
1st support: 145.54
Supporting reasons: Identified as an overlap support, suggesting a significant area where previous declines have found support, providing a strong base for further upward movement.
1st resistance: 152.06
Supporting reasons: Identified as a pullback resistance, reinforced by the 78.60% Fibonacci Retracement, indicating a level where the price might face selling pressure, but a successful breach could confirm the continuation of the bullish trend.
USD/CAD:
Potential Direction: Bearish
Overall momentum of the chart: Neutral
Price could rise towards the pivot and potentially make a bearish reversal off this level to fall towards the 1st support.
Pivot: 1.3756
Supporting reasons: Identified as a pullback resistance that aligns with a 23.6% Fibonacci retracement level, indicating a potential area where selling pressures could intensify.
1st support: 1.3699
Supporting reasons: Identified as an overlap support, indicating a potential area where price has recently found support.
1st resistance: 1.3792
Supporting reasons: Identified as a pullback resistance that aligns with a 38.2% Fibonacci retracement level, indicating a potential area that could halt any further upward movement. The presence of a bearish Ichimoku Clouds adds further significance to the strength of this resistance zone.
AUD/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 fall towards the 1st support.
Pivot: 0.6643
Supporting reasons: Identified as an overlap resistance, indicating a potential area where selling pressures could intensify.
1st support: 0.6566
Supporting reasons: Identified as an overlap support that aligns close to a 23.6% Fibonacci retracement level, suggesting a significant area where price has recently found support.
1st resistance: 0.6701
Supporting reasons: Identified as an overlap resistance that aligns with a 78.6% Fibonacci retracement level, indicating a significant area that could halt further upward movement.
NZD/USD
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: 0.5974
Supporting reasons: Identified as an overlap support that aligns close to a 50% Fibonacci retracement level, indicating a potential area where buying interests could pick up to stage a rebound. The presence of a bullish Ichimoku Cloud adds further significance to the strength of this support zone.
1st support: 0.5913
Supporting reasons: Identified as a pullback support, suggesting a potential area where price could find strong support.
1st resistance: 0.6090
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.
US30 (DJIA):
Potential Direction: Bullish
Overall Momentum of the Chart: Bullish
Price has made a bullish break through the pivot and could potentially rise towards the 1st resistance.
Pivot: 40,479.99
Supporting reasons: Previously identified as an overlap resistance which now has been broken due to the strong bullish momentum.
1st Support: 39,945.51
Supporting Reasons: Identified as a pullback support, suggesting a potential area where price could find support.
1st Resistance: 41,042.19
Supporting Reasons: Identified as a pullback resistance, indicating a significant area that could halt further upward movement.
DE40 (DAX):
Potential Direction: Bullish
Overall Momentum of the Chart: Bullish
Price is trading close to the pivot and could potentially make a bullish break through this level to rise towards the 1st resistance.
Pivot: 18,244.50
Supporting reasons: Identified as a potential breakout level, indicating a scenario where the strong bullish momentum could drive price higher.
1st Support: 17,989.90
Supporting Reasons: Identified as a pullback support, indicating a potential area where price could find support.
1st Resistance: 18,595.70
Supporting Reasons: Identified as a pullback resistance, indicating a significant area that could halt further upward movement.
US500 (S&P 500):
Potential Direction: Bullish
Overall Momentum of the Chart: Bullish
Price is trading close to the pivot and could potentially make a bullish break through this level to rise towards the 1st resistance.
Pivot: 5,561.63
Supporting reasons: Identified as a potential breakout level, indicating a scenario where the strong bullish momentum could drive price higher.
1st support: 5,402.66
Supporting reasons: Identified as a pullback support, suggesting a potential area where price could find support.
1st resistance: 5,669.89
Supporting reasons: Identified as a pullback resistance that aligns close to the all-time high, suggesting a critical area that could halt further upward movement.
BTC/USD (Bitcoin):
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 fall towards the 1st support.
Pivot: 61,687.65
Supporting reasons: Identified as a pullback resistance that aligns with a 61.8% Fibonacci retracement level, indicating a potential area where selling pressures could intensify.
1st support: 56,946.95
Supporting reasons: Identified as an overlap support, indicating a significant area where price has recently found support. The presence of a bullish Ichimoku Cloud adds further significance to the strength of this support zone.
1st resistance: 65,515.58
Supporting reasons: Identified as an overlap resistance that aligns with 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 falling towards the pivot and could potentially make a bullish bounce off this level to rise towards the 1st resistance.
Pivot: 2,523.64
Supporting reasons: Identified as an overlap support that aligns close to a 38.2% Fibonacci retracement level, indicating a potential area where buying interests could pick up to stage a rebound. The presence of a bullish Ichimoku Cloud adds further significance to the strength of this support zone.
1st Support: 2,341.67
Supporting Reasons: Identified as a pullback support that aligns close to a 61.8% Fibonacci retracement level, indicating a potential area where price could find support.
1st Resistance: 2,878.94
Supporting Reasons: Identified as a pullback resistance that aligns with a 61.8% Fibonacci retracement level, indicating a historical barrier where that could halt further upward movement.
WTI/USD (Oil):
Potential Direction: Bearish
Overall Momentum of the Chart: Neutral
Price could rise towards the pivot and potentially make a bearish reversal off this level to fall towards the 1st support.
Pivot: 80.29
Supporting Reasons: Identified as a pullback resistance, indicating a potential area where selling pressures could intensify.
1st Support: 77.32
Supporting Reasons: Identified as a pullback support that aligns with a 38.2% Fibonacci retracement level, indicating a significant area where price has recently found support. The presence of a bullish Ichimoku Cloud adds further significance to the strength of this support zone.
1st Resistance: 82.10
Supporting Reasons: Identified as a pullback resistance that aligns with a 61.8% Fibonacci projection level, indicating a potential barrier that could halt further upward movement.
XAU/USD (GOLD):
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Price could potentially make a bearish reaction off the pivot and drop to the 1st support.
Pivot: 2459.92
Supporting reasons: Identified as pullback resistance, suggesting a potential area where price could face selling pressure and reverse downward.
1st support: 2431.86
Supporting reasons: Identified as pullback support, reinforced by the 50% Fibonacci retracement, indicating a potential area where price might find support on a decline.
1st resistance: 2483.54
Supporting reasons: Identified as swing high resistance, indicating a significant level where price could encounter selling pressure or reverse.
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