DXY (US Dollar Index):

Potential Direction: Bullish
Overall momentum of the chart: Bullish

Price could potentially make a bullish continuation towards 1st resistance.

Pivot: 105.74
Supporting reasons: Identified as an overlap support level, indicating a significant area where previous declines have found support.

1st support: 105.14
Supporting reasons: Identified as an overlap support level, suggesting a potential area where buyers could enter the market after a retracement.

1st resistance: 106.47
Supporting reasons: Identified as a swing high resistance level, specifically at the 100% Fibonacci Projection and 161.80% Fibonacci Extension, indicating Fibonacci confluence and a historical 

EUR/USD:

Potential Direction: Bearish
Overall momentum of the chart: Bearish

Price could potentially make a bearish break off pivot and drop towards 1st support.

Pivot: 1.0678
Supporting reasons: Identified as a pullback resistance level, indicating a potential area where sellers could enter the market after a retracement.

1st support: 1.0638
Supporting reasons: Identified as an overlap support level, specifically at the 161.80% Fibonacci Extension, suggesting a significant area where previous declines have found support.

1st resistance: 1.0725
Supporting reasons: Identified as an overlap resistance level, indicating a historical point where previous rallies have faced selling pressure or reversed.

EUR/JPY:

Instrument: EUR/JPY
Potential Direction: Strong bullish with high confidence
Overall momentum of the chart: Bullish

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

Pivot: 170.87
Supporting reasons: Identified as an overlap support level, indicating a significant area where previous declines have found support.

1st support: 169.57
Supporting reasons: Identified as an overlap support level, suggesting a potential area where buyers could enter the market after a retracement.

1st resistance: 172.97
Supporting reasons: Identified as a resistance level, specifically at the 161.80% Fibonacci Extension, indicating a historical point where previous rallies have faced selling pressure or reversed.

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: 0.8485
Supporting reasons: Identified as a pullback resistance level, specifically at the 38.20% Fibonacci Retracement, indicating a potential area where sellers could enter the market after a retracement.

1st support: 0.8435
Supporting reasons: Identified as a multi-swing low support level, suggesting a significant area where previous declines have found support.

1st resistance: 0.8532
Supporting reasons: Identified as an overlap resistance level, specifically at the 61.80% Fibonacci Retracement, indicating a historical point where previous rallies have faced selling pressure or reversed.

GBP/USD:

Potential Direction: Bearish
Overall momentum of the chart: Bearish

Price could potentially make a bearish continuation towards 1st support.

Pivot: 1.2705
Supporting reasons: Identified as a pullback resistance level, indicating a potential area where sellers could enter the market after a retracement.

1st support: 1.2590
Supporting reasons: Identified as a pullback support level, specifically at the 161.80% Fibonacci Extension and 100% Fibonacci Projection, indicating Fibonacci confluence and suggesting a significant area where previous declines have found support.

1st resistance: 1.2690
Supporting reasons: Identified as an overlap resistance level, indicating a historical point where previous rallies have faced selling pressure or reversed.

GBP/JPY:

Potential Direction: Bullish
Overall momentum of the chart: Bullish

Price could potentially make a bullish continuation towards 1st resistance.

Pivot: 201.40
Supporting reasons: Identified as an overlap support level, indicating a significant area where previous declines have found support.

1st support: 198.00
Supporting reasons: Identified as an overlap support level, suggesting a potential area where buyers could enter the market after a retracement.

1st resistance: 204.84
Supporting reasons: Identified as a resistance level, specifically at the 78.60% Fibonacci Projection, indicating a historical point where previous rallies have faced selling pressure or reversed.

USD/CHF:

Potential Direction: Bullish
Overall momentum of the chart: Bullish

Price could potentially make a bullish break through of pivot and rise to 1st resistance.

Pivot: 0.8989
Supporting reasons: Identified as a pullback support level, indicating a potential area where buyers could enter the market after a retracement.

1st support: 0.8891
Supporting reasons: Identified as a pullback support level, suggesting a significant area where previous declines have found support.

1st resistance: 0.9093
Supporting reasons: Identified as a pullback resistance level, specifically at the 78.60% Fibonacci Retracement, indicating a historical point where previous rallies have faced selling pressure or reversed.

USD/JPY:

Potential Direction: Bullish
Overall momentum of the chart: Bullish

Price could potentially make a bullish continuation towards 1st resistance.

Pivot: 160.23
Supporting reasons: Identified as an overlap support level, indicating a significant area where previous declines have found support.

1st support: 157.94
Supporting reasons: Identified as a pullback support level, suggesting a potential area where buyers could enter the market after a retracement.

1st resistance: 162.51
Supporting reasons: Identified as a resistance level, specifically at the 127.20% Fibonacci Extension, indicating a historical point where previous rallies have faced selling pressure or reversed.

USD/CAD:

Potential Direction: Bearish
Overall momentum of the chart: Bullish

Price could potentially make a bearish reaction off pivot and drop to 1st support.

Pivot: 1.3656
Supporting reasons: Identified as an overlap support level, specifically at the 78.60% Fibonacci Retracement and 78.60% Fibonacci Projection, indicating Fibonacci confluence and a significant area where previous declines have found support.

1st support: 1.3664
Supporting reasons: Identified as a pullback support level, suggesting a potential area where buyers could enter the market after a retracement.

1st resistance: 1.3827
Supporting reasons: Identified as a multi-swing high resistance level, indicating a historical point where previous rallies have faced selling pressure or reversed.

AUD/USD:

Potential Direction: Bearish
Overall momentum of the chart: Bullish

Factors contributing to the momentum: Price has crossed below the Ichimoku cloud

Price could potentially make a bearish break off pivot and drop towards 1st support.

Pivot: 0.6637
Supporting reasons: Identified as a pullback resistance level, indicating a potential area where sellers could enter the market after a retracement.

1st support: 0.6585
Supporting reasons: Identified as an overlap support level, suggesting a significant area where previous declines have found support.

1st resistance: 0.6679
Supporting reasons: Identified as a multi-swing high resistance level, indicating a historical point where previous rallies have faced selling pressure or reversed.

NZD/USD

Potential Direction: Bearish
Overall momentum of the chart: Bearish

Factors contributing to the momentum: Price is below the bearish Ichimoku cloud

Price could potentially make a bearish continuation towards 1st support.

Pivot: 0.6106
Supporting reasons: Identified as an overlap resistance level, indicating a potential area where sellers could enter the market after a retracement.

1st support: 0.6037
Supporting reasons: Identified as a pullback support level, specifically at the 161.80% Fibonacci Extension, suggesting a significant area where previous declines have found support.

1st resistance: 0.6156
Supporting reasons: Identified as a pullback resistance level, indicating a historical point where previous rallies have faced selling pressure or reversed.

US30 (DJIA):

Potential Direction: Bullish

Overall Momentum of the Chart: Neutral

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

Pivot: 39,945.31

Supporting Reasons: Identified as an overlap support that aligns with a 50% Fibonacci retracement level, indicating a potential area where buying interests could pick up for price to resume the uptrend.

1st Support: 38,793.10

Supporting Reasons: Identified as a pullback support that aligns with a 61.8% Fibonacci retracement level, suggesting a significant area where price has found support recently.

1st Resistance: 39,622.34

Supporting Reasons: Identified as an overlap resistance that aligns close to 78.6% Fibonacci retracement level, indicating a significant area where previous rallies have faced strong selling pressures.

DE40 (DAX):

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: 18,272.20

Supporting Reasons: Identified as a pullback resistance, indicating a potential area where selling pressures could intensify.

1st Support: 18,123.03

Supporting Reasons: Identified as a pullback support that aligns with a 61.8% Fibonacci retracement level, indicating a significant area where price has found strong support recently.

1st Resistance: 18,338.90

Supporting Reasons: Identified as an overlap resistance, indicating a significant area that could halt further upward movement.

US500 (S&P 500): 

Potential Direction: Bearish

Overall momentum of the chart: Bullish

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

Pivot: 5,514.06

Supporting reasons: Identified as a pullback resistance that aligns close to a 78.6% Fibonacci projection and the all-time high, indicating a potential area where selling pressures could intensify.

1st support: 5,448.66

Supporting reasons: Identified as an overlap support that aligns close to a 23.6% Fibonacci retracement level, indicating a significant area where price has found strong support recently.

1st resistance: 5,566.05

Supporting reasons: Identified as a resistance that aligns with a 161.8% Fibonacci extension level, suggesting a critical area where selling pressures may intensify and potentially halt further upward movement.

BTC/USD (Bitcoin):

Potential Direction: Bearish

Overall momentum of the chart: Bearish

Price is trading close to the pivot and could potentially make a bearish reaction off this level to drop towards the 1st support.

Pivot: 61,967.65

Supporting reasons: Identified as a pullback resistance that aligns close to a 50% Fibonacci retracement level, indicating a potential area where selling pressures could intensify.

1st support: 59,267.78

Supporting reasons: Identified as a swing-low support, indicating a significant area where price has found strong support previously.

1st resistance: 64,492.88

Supporting reasons: Identified as a pullback resistance that aligns close to 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 could fall towards the pivot and potentially make a bullish bounce off this level to rise towards the 1st resistance.

Pivot: 3,422.86

Supporting reasons: Identified as a pullback support, indicating a potential area where buying interests could pick up to stage a rebound.

1st Support: 3,276.36

Supporting Reasons: Identified as a swing-low support, indicating a significant area where price has found support recently.

1st Resistance: 3,532.77

Supporting Reasons: Identified as a pullback resistance that aligns with a 78.6% Fibonacci retracement level, indicating a historical barrier where selling pressures may be encountered.

WTI/USD (Oil):

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: 82.42

Supporting Reasons: Identified as a potential breakout level that could trigger further bullish momentum.

1st Support: 80.91

Supporting Reasons: Identified as an overlap support, indicating a significant area where price could find strong support.

1st Resistance: 84.54

Supporting Reasons: Identified as a swing-high resistance that aligns with a 78.6% Fibonacci retracement level, indicating a potential barrier where selling pressures may be encountered.

XAU/USD (GOLD):

Potential Direction: Bearish
Overall momentum of the chart: Bearish

Price could potentially make a bearish continuation towards 1st support.

Pivot: 2334.77
Supporting reasons: Identified as an overlap resistance level, specifically at the 50% Fibonacci Retracement, indicating a potential area where sellers could enter the market after a retracement.

1st support: 2308.13
Supporting reasons: Identified as a pullback support level, suggesting a significant area where previous declines have found support.

1st resistance: 2351.95
Supporting reasons: Identified as a pullback resistance level, specifically at the 78.60% Fibonacci Retracement, indicating a historical point where previous rallies have faced selling pressure or reversed.

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.