DXY (US Dollar Index):

Potential Direction: Bullish
Overall momentum of the chart: Bullish

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

Pivot: 107.49
Supporting reasons: Identified as a pullback support close to a 23.6% Fibonacci retracement, indicating a potential area where buying interests could pick up to resume the uptrend.

1st support: 106.08
Supporting reasons: Identified as an overlap support close to a 38.2% Fibonacci retracement, indicating a potential level where price could find support once more.

1st resistance: 109.57
Supporting reasons: Identified as a swing high resistance that aligns with a 61.8% Fibonacci projection, indicating a potential area that could halt any further upward movement.

EUR/USD:

Potential Direction: Bearish

Overall momentum of the chart: Bearish

Price could potentially make a bearish reversal off the pivot and fall towards the 1st support.

Pivot: 1.0458
Supporting reasons: Identified as an overlap resistance close to 23.6% Fibonacci retracement, indicating a potential area where selling pressures could intensify.

1st support: 1.0255

Supporting reasons: Identified as a swing-low support, indicating a potential level where price could find support once again.

1st resistance: 1.0613
Supporting reasons:  Identified as an overlap resistance close to 38.2% Fibonacci retracement, indicating a potential area that could halt any further upward movement.

EUR/JPY:

Potential Direction: Bullish
Overall momentum of the chart: Bearish

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

Pivot: 1160.24
Supporting reasons: Identified as a pullback support close to a 50% Fibonacci retracement, indicating a potential area where buying interests could pick up to resume the uptrend.

1st support: 156.98

Supporting reasons: Identified as support level, indicating a potential level where price could find support once more.

1st resistance: 164.70
Supporting reasons: Identified as an overlap resistance, indicating a potential area that could halt any further upward movement.

EUR/GBP:

Potential Direction: Neutral

Overall momentum of the chart: Bearish

Price could potentially fluctuate between the 1st resistance and 1st support level.

1st support: 0.8224

Supporting reasons:  Identified as a pullback support, indicating a potential level where price could find support once again.

1st resistance: 0.8318
Supporting reasons: Identified as a multi-swing-high resistance, indicating a potential area that could halt any further upward movement.

GBP/USD:

Potential Direction: Bearish

Overall momentum of the chart: Bearish

Price could potentially make a bearish reversal off the pivot and fall towards the 1st support.

Pivot: 1.2615
Supporting reasons: Identified as an overlap resistance that aligns with a 23.6% Fibonacci retracement, indicating a potential area where selling pressures could intensify.

1st support: 1.2328

Supporting reasons: Identified as a swing low support, indicating a potential level where price could stabilize.

1st resistance: 1.2770
Supporting reasons: Identified as a multi-swing-high resistance that aligns with a 38.2% Fibonacci retracement, indicating a potential area that could halt any further upward movement.

GBP/JPY:

Potential Direction: Bullish

Overall momentum of the chart: Bearish

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

Pivot: 194.39
Supporting reasons: Identified as an overlap support close to a 50% Fibonacci retracement, indicating a potential area where buying interests could pick up to resume the uptrend.

1st support: 189.28
Supporting reasons: Identified as a swing low support, indicating a key level where price could find support once more.

1st resistance: 199.59
Supporting reasons: Identified as a multi-swing-high resistance, indicating a potential area that could halt any further upward movement.

USD/CHF:

Potential Direction: Bullish

Overall momentum of the chart: Bullish

Price could potentially make a drop further to the pivot before bouncing and rising towards the 1st resistance.

Pivot: 0.0939
Supporting reasons: Identified as pullback support, indicating a potential area where price could reverse and resume the uptrend.

1st support: 0.8917
Supporting reasons: Identified as an overlap support, indicating a potential level where price could find support once again.

1st resistance: 0.9158
Supporting reasons: Identified as a swing high resistance close to a 78.6% Fibonacci projection, indicating a potential area that could halt any further upward movement.

USD/JPY:

Potential Direction: Bullish

Overall momentum of the chart: Bullish

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

Pivot: 156.24
Supporting reasons: Identified as an overlap support, indicating a potential area where buying interests could pick up to resume the uptrend.

1st support: 151.57
Supporting reasons: Identified as a pullback support, indicating a potential level where price could find support once more.

1st resistance: 161.65
Supporting reasons: Identified as a swing-high resistance that aligns with a 161.8% Fibonacci extension, indicating a potential area that could halt any further upward movement.

USD/CAD:

Potential Direction: Bullish

Overall momentum of the chart: Bullish

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

Pivot: 1.4347

Supporting reasons: Identified as a pullback support, indicating a potential level where buying interests could pick up to resume the uptrend.

1st support: 1.4178
Supporting reasons: Identified as a pullback support that aligns close to a 23.6% Fibonacci retracement, indicating a key level where price could find support.

1st resistance: 1.4517
Supporting reasons: Identified as a multi-swing-high resistance, indicating a potential area that could halt any further upward movement.

AUD/USD:

Potential Direction: Bearish
Overall momentum of the chart: Bearish

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

Pivot: 0.6301

Supporting reasons: Identified as a pullback resistance, indicating a potential area where selling pressures could intensify. The presence of a red Ichimoku Cloud adds further significance to the strength of the bearish momentum, the price also continues to trade within a bearish channel.

1st support: 0.6179
Supporting reasons: Identified as a swing-low support, suggesting a potential area where price could find support once more.

1st resistance: 0.6398
Supporting reasons: Identified as a pullback resistance, indicating a potential area that could halt any further upward movement.

NZD/USD

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: 0.5684

Supporting reasons: Identified as an overlap resistance, indicating a potential area where selling pressures could intensify. The presence of a red Ichimoku Cloud adds further significance to the strength of the bearish momentum.

1st support: 0.5550
Supporting reasons: Identified as a multi-swing-low support, suggesting a potential area where price could find support once again.

1st resistance: 0.5798
Supporting reasons: Identified as a pullback resistance that aligns close to a 23.6% Fibonacci retracement, indicating a potential area that could halt any further upward movement.

US30 (DJIA):

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: 43,347.01

Supporting reasons: Identified as an overlap resistance that aligns close to a 38.2% Fibonacci retracement, indicating a potential area where selling pressures could intensify.

1st support: 41,777.16

Supporting reasons: Identified as a swing support that aligns close to a 38.2% Fibonacci retracement, indicating a potential level where price could find support once again.

1st resistance: 44,327.75

Supporting reasons: Identified as a pullback resistance that aligns close to a 78.6% Fibonacci retracement, indicating a potential area that could halt any further upward movement.

DE40 (DAX):

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: 19,681.50
Supporting reasons:  Identified as a pullback resistance that aligns with a confluence of Fibonacci levels i.e. the 23.6% and 50% retracements, indicating a potential area where buying interests could pick up to stage a rebound.

1st support: 18,971.60

Supporting reasons: Identified as an overlap support, indicating a key level where price could find support more.

1st resistance: 20,427.00
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.

US500 (S&P 500): 

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: 6,088.60

Supporting reasons: Identified as a swing-high resistance that aligns close to a 100% Fibonacci projection, indicating a potential area where selling pressures could intensify.

1st support: 5,867.40

Supporting reasons: Identified as an overlap support that aligns with a 23.6% Fibonacci retracement, indicating a potential level where price could find support once again.

1st resistance: 6,287.46
Supporting reasons: Identified as a resistance that aligns with a 161.8% Fibonacci extension, indicating a potential area that could halt any 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 pull back towards the 1st support.

Pivot: 102,116.11

Supporting reasons: Identified as a pullback resistance that aligns with a 61.8% Fibonacci retracement, indicating a potential area where selling pressures could intensify.

1st support: 91,869.74
Supporting reasons: Identified as an overlap support, indicating a potential level where price could find support once more.

1st resistance: 106,444.58
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.

ETH/USD (Ethereum):

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: 3,846.78

Supporting reasons: Identified as a pullback resistance that aligns close to a 78.6% Fibonacci retracement, indicating a potential area where selling pressures could intensify.

1st support: 3,248.37
Supporting reasons: Identified as a swing-low support that aligns close to a 38.2% Fibonacci retracement, indicating a potential level where price could find support once again.

1st resistance: 4,094.93
Supporting reasons: Identified as a multi-swing-high resistance, indicating a potential area that could halt any further upward movement.

WTI/USD (Oil):

Potential Direction: Bearish
Overall momentum of the chart: Bullish

Price could rise towards the pivot and potentially make a bearish reversal off this level to pull back towards the 1st support.

Pivot: 75.96
Supporting reasons: Identified as a swing-high resistance, indicating a potential area where selling pressures could intensify.

1st support: 72.73
Supporting reasons: Identified as an overlap support that aligns with a 23.6% Fibonacci retracement, indicating a key level where price could find support once more.

1st resistance: 78.08
Supporting reasons: Identified as a multi-swing-high resistance, indicating a potential area that could halt any further upward movement.

XAU/USD (GOLD):

Potential Direction: Bullish

Overall momentum of the chart: Bullish

Price could potentially make a drop further to the pivot before bouncing and rising towards the 1st resistance.

Pivot: 2633.12
Supporting reasons: Identified as pullback support, indicating a potential area where price could reverse and resume the uptrend.

1st support: 2532.10

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

1st resistance: 2714.69

Supporting reasons: Identified as an overlap resistance close to a 78.6% Fibonacci retracement, indicating a potential area that could halt any 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.