DXY (US Dollar Index):

Potential Direction: Bullish
Overall momentum of the chart: Bullish

Price could potentially make a: Bullish continuation towards 1st resistance.

Pivot: 101.15
Supporting reasons: Overlap resistance, indicating this level could act as a significant resistance point.

1st support: 100.20
Supporting reasons: Multi-swing low support, suggesting this level may provide a strong point of support if the price declines.

1st resistance: 102.29
Supporting reasons: Overlap resistance close to 127.20% Fibonacci extension, marking a level where the price might encounter selling pressure if it attempts to rise.

EUR/USD:

Potential Direction: Bearish
Overall momentum of the chart: Bearish

Price could potentially make a: bearish continuation towards 1st resistance.

Pivot:  1.1081
Supporting reasons: Overlap support suggesting this level could act as a significant resistance point.

1st support: 1.0990
Supporting reasons: Pullback support is close to 50% Fibonacci retracement, indicating this level may provide strong support if the price declines.

1st resistance: 1.1208
Supporting reasons: Swing high resistance, marking a level where the price might encounter selling pressure if it attempts to rise.

EUR/JPY:

Potential Direction: Bullish
Overall momentum of the chart: Bullish

Price could potentially make a: Bullish continuation towards 1st resistance.

Pivot: 160.71
Supporting reasons: Pullback support, indicating this level may act as a significant support point.

1st support: 158.28
Supporting reasons: An overlap support, suggesting this level could provide a strong point of support if the price declines.

1st resistance: 163.78
Supporting reasons: Multi-swing high resistance, marking a level where the price may face selling pressure if it rises.

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: 0.8388
Supporting reasons: An overlap resistance and 23.60% Fibonacci Retracement, suggesting this level could act as a significant resistance point.

1st support: 0.8316
Supporting reasons: Multi-swing low support, indicating this level may provide a strong point of support if the price declines.

1st resistance: 0.8453
Supporting reasons: An overlap resistance, marking a level where the price might face selling pressure if it attempts to rise.

GBP/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: 1.3316
Supporting reasons: Pullback resistance and 38.20% Fibonacci Retracement, suggesting this level could act as a significant resistance point.

1st support: 1.3230
Supporting reasons: An overlap support and 50% Fibonacci Retracement, indicating this level may provide strong support if the price declines.

1st resistance: 1.3426
Supporting reasons: Multi-swing high resistance, marking a level where the price might encounter selling pressure if it attempts to rise.

GBP/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: 193.33
Supporting reasons: Pullback support, indicating this level may act as a significant support point.

1st support: 189.81
Supporting reasons: An overlap support with 50% Fibonacci Retracement, suggesting this level could provide strong support if the price declines.

1st resistance: 195.98
Supporting reasons: Swing high resistance, marking a level where the price might encounter selling pressure if it attempts to rise.

USD/CHF:

Potential Direction: Bullish
Overall momentum of the chart: Bullish

Price could potentially make a: Bullish bounce off pivot and head towards 1st resistance.

Pivot: 0.8481

Supporting reasons: Pullback support, indicating this level may act as a significant support point.

1st support: 0.8422
Supporting reasons: A pullback support, suggesting this level could provide strong support if the price declines.

1st resistance: 0.8544
Supporting reasons: A Swing high resistance, marking a level where the price might encounter selling pressure if it attempts to rise.

USD/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: 145.79

Supporting reasons: Pullback support, indicating this level may act as a significant support point.

1st support: 144.27
Supporting reasons: A pullback support, suggesting this level could provide strong support if the price declines.

1st resistance: 147.86
Supporting reasons: A pullback resistance close to 127.20%m Fibonacci extension, marking a level where the price might encounter selling pressure if it attempts to rise.

USD/CAD:

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: 1.3540
Supporting reasons: Identified as an overlap resistance that aligns with a confluence of Fibonacci levels i.e. the 50% retracement and the 61.8% projection, suggesting a potential area where selling pressures could intensify.

1st support: 1.3473
Supporting reasons: Identified as a pullback support that aligns close to a 50% Fibonacci retracement, indicating a key level where price has found support recently.

1st resistance: 1.3572
Supporting reasons: Identified as a multi-swing-high resistance that aligns close to a 161.8% Fibonacci extension, indicating a potential area that could halt any further upward movement.

AUD/USD:

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: 0.6807
Supporting reasons: Identified as an overlap support that aligns with a confluence of Fibonacci levels i.e. the 23.6% and 38.2% retracements, indicating a potential level where buying interests could pick up to stage a rebound.

1st support: 0.6749
Supporting reasons: Identified as an overlap support that aligns with a 61.8% Fibonacci retracement, indicating a potential level where price could find support once more.

1st resistance: 0.6937
Supporting reasons: Identified as a swing-high resistance, indicating a potential area that could halt any further upward movement.

NZD/USD

Potential Direction: Bearish
Overall momentum of the chart: Bearish

Price has made a bearish break below the pivot and could potentially fall lower towards the 1st support.

Pivot: 0.6254

Supporting reasons: Previously identified as an overlap support which now has been broken due to the strong bearish momentum.

1st support: 0.6155
Supporting reasons: Identified as an overlap support that aligns close to a 78.6% retracement indicating a potential level where price could find support again.

1st resistance: 0.6304
Supporting reasons: Identified as an overlap resistance, indicating a potential area that could halt any further upward movement.

US30 (DJIA):

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: 41,855.66

Supporting reasons: Identified as an overlap support, suggesting a potential area where buying interests could pick up to stage a rebound. The presence of the green Ichimoku Cloud adds further significance to the strength of the bullish momentum.

1st support: 41,432.30

Supporting reasons: Identified as an overlap support that aligns close to a 50% Fibonacci retracement, indicating a potential level where price could find support.

1st resistance: 42,654.55

Supporting reasons: Identified as a swing-high resistance that aligns with a confluence of Fibonacci levels i.e. a 78.6% projection and a 161.8% extension, indicating a potential area that could halt any further upward movement.

DE40 (DAX):

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: 19,049.50
Supporting reasons: Identified as an overlap support that aligns close to a 38.2% Fibonacci retracement, suggesting a potential area where buying interests could pick up to stage a rebound. The presence of the green Ichimoku Cloud adds further significance to the strength of the bullish momentum.

1st support: 18,715.40
Supporting reasons: Identified as a pullback support that aligns close to a 61.8% Fibonacci retracement, indicating a key level where price could find support once more.

1st resistance: 19,493.70
Supporting reasons: Identified as a swing-high resistance that aligns with a confluence of Fibonacci levels i.e. two 161.8% extensions, indicating a potential area that could halt any further upward movement.

US500 (S&P 500): 

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: 5,669.89
Supporting reasons: Identified as a pullback support that aligns close to a 23.6% Fibonacci retracement, suggesting a potential area where buying interests could pick up to stage a rebound. The presence of the green Ichimoku Cloud adds further significance to the strength of the bullish momentum.

1st support: 5,600.60
Supporting reasons: Identified as an overlap support that aligns close to a 50% Fibonacci retracement, indicating a potential level where price could find support once again.

1st resistance: 5,767.00
Supporting reasons: Identified as a swing-high resistance that aligns close to the all-time high, indicating a potential area that could halt any further upward movement.

BTC/USD (Bitcoin):

Potential Direction: Bullish
Overall momentum of the chart: Bearish

Price could fall towards the pivot and potentially make a bullish bounce off this level to rise towards the 1st resistance.

Pivot: 59,421.33
Supporting reasons: Identified as an overlap support that aligns with a 50% Fibonacci retracement, suggesting a potential level where buying interests could pick up to stage a minor rebound.

1st support: 57,935.37
Supporting reasons: Identified as an overlap support that aligns with a 61.8% Fibonacci retracement, indicating a potential level where price could find support once more.

1st resistance: 63,092.43
Supporting reasons: Identified as a pullback resistance that aligns with a 50% Fibonacci retracement, indicating a potential area that could halt any further upward movement.

ETH/USD (Ethereum):

Potential Direction: Bearish
Overall momentum of the chart: Bearish

Price is rising towards the pivot and could potentially make a bearish reversal off this level to fall towards the 1st support.

Pivot: 2,488.71
Supporting reasons: Identified as a pullback resistance that aligns with a 38.2% Fibonacci retracement, suggesting a potential level where selling pressures could intensify.

1st support: 2,271.00
Supporting reasons: Identified as a pullback support that aligns close to a 78.6% Fibonacci retracement, indicating a potential level where price could find support once again.

1st resistance: 2,562.83
Supporting reasons: Identified as an overlap resistance that aligns close to a 61.8% Fibonacci retracement, indicating a potential area that could halt any 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: 73.03
Supporting reasons: Identified as a multi-swing-high resistance that aligns close to a 61.8% Fibonacci retracement, suggesting a potential level where selling pressures could intensify.

1st support: 69.89
Supporting reasons: Identified as an overlap support that aligns with a 50% Fibonacci retracement, indicating a key level where price could find support.

1st resistance: 74.79
Supporting reasons: Identified as an overlap resistance that aligns with a 127.2% Fibonacci extension, indicating a potential area that could halt any further upward movement.

XAU/USD (GOLD):

Potential Direction: Bearish
Overall momentum of the chart: Bearish

Price could potentially make a: Bearish continuation towards 1st support.

Pivot: 2672.77
Supporting reasons: Multi-swing high resistance, indicating this level could act as a significant resistance point.

1st support: 2631.77
Supporting reasons: An overlap support, suggesting this level may provide a strong point of support if the price declines.

1st resistance: 2701.21
Supporting reasons: 127.20% Fibonacci Extension, marking a level where the price might encounter selling pressure if it attempts to rise.

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.