DXY (US Dollar Index):
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Price could potentially make a: Bearish reaction off pivot and drop to 1st support.
Pivot: 103.24
Supporting reasons: An overlap resistance and 50% Fibonacci Retracement, indicating this level could act as a significant resistance point.
1st support: 101.77
Supporting reasons: Pullback support, suggesting this level may provide a strong point of support if the price declines.
1st resistance: 104.68
Supporting reasons: An overlap resistance and 78.60% Fibonacci Retracement, 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 reaction off pivot and drop to 1st support.
Pivot: 1.1005
Supporting reasons: Pullback resistance, indicating this level could act as a significant resistance point.
1st support: 1.0869
Supporting reasons: Pullback support with 61.80% Fibonacci Retracement and 161.80% Fibonacci Extension, indicating a confluence of Fibonacci levels that may provide strong support.
1st resistance: 1.1110
Supporting reasons: Pullback resistance, marking a level where the price might encounter selling pressure if it attempts to rise.
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: 164.05
Supporting reasons: An overlap resistance and 50% Fibonacci Retracement, indicating this level could act as a significant resistance point.
1st support: 158.70
Supporting reasons: Multi-swing low support and 61.80% Fibonacci Retracement, suggesting this level may provide strong support if the price declines.
1st resistance: 168.37
Supporting reasons: An overlap resistance and 61.80% Fibonacci Retracement, marking a level where the price might encounter selling pressure if it attempts to rise.
EUR/GBP:
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Factors contributing to the momentum: Price is in a bearish descending channel.
Price could potentially make a: Bearish continuation towards 1st support.
Pivot: 0.8407
Supporting reasons: An overlap resistance, indicating this level could act as a significant resistance point.
1st support: 0.8316
Supporting reasons: Multi-swing low support, suggesting this level may provide a strong point of support if the price declines.
1st resistance: 0.8512
Supporting reasons: Pullback resistance and 61.80% Fibonacci Retracement, marking a level where the price might encounter selling pressure if it attempts to rise.
GBP/USD:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Factors contributing to the momentum: Price is above the bullish Ichimoku cloud.
Price could potentially make a: Bullish continuation towards 1st resistance.
Pivot: 1.3008
Supporting reasons: An overlap support with 38.20% and 50% Fibonacci Retracement, indicating a confluence of Fibonacci levels that may provide strong support.
1st support: 1.2807
Supporting reasons: An overlap support, suggesting this level may provide additional support if the price declines.
1st resistance: 1.3315
Supporting reasons: Pullback resistance and 61.80% Fibonacci Retracement, marking a level where the price might encounter selling pressure if it attempts to rise.
GBP/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: 197.74
Supporting reasons: Pullback resistance with 61.80% Fibonacci Retracement and 100% Fibonacci Projection, indicating a confluence of Fibonacci levels that may act as a significant resistance point.
1st support: 190.12
Supporting reasons: Multi-swing low support and 50% Fibonacci Retracement, suggesting this level may provide a strong point of support if the price declines.
1st resistance: 202.99
Supporting reasons: Pullback resistance and 78.60% Fibonacci Retracement, 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: 0.8533
Supporting reasons: Pullback support, indicating this level may act as a significant support point.
1st support: 0.8378
Supporting reasons: Swing low support, suggesting this level could provide strong support if the price declines.
1st resistance: 0.8806
Supporting reasons: Pullback resistance with 61.80% and 50% Fibonacci Retracement, indicating a confluence of Fibonacci levels that may act as a significant resistance point.
USD/JPY:
Potential Direction: Bullish
Overall momentum of the chart: Bearish
Price could potentially make a: Bullish bounce off pivot and head towards 1st resistance.
Pivot: 146.90
Supporting reasons: Pullback support, indicating this level may act as a significant support point.
1st support: 141.69
Supporting reasons: An overlap support, suggesting this level could provide strong support if the price declines.
1st resistance: 152.71
Supporting reasons: Pullback resistance with 61.80% Fibonacci Retracement and 161.80% Fibonacci Extension, indicating a confluence of Fibonacci levels that may act as a significant resistance point.
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: 1.3610
Supporting reasons: Identified as a swing-high resistance that aligns with a 100% Fibonacci projection, suggesting a potential area where selling pressures could intensify.
1st support: 1.3481
Supporting reasons: Identified as a pullback support, indicating a key level where price has found support recently.
1st resistance: 1.3729
Supporting reasons: Identified as a pullback resistance that aligns close to a 127.2% 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 could fall towards the pivot and potentially make a bullish bounce off this level to rise towards the 1st resistance.
Pivot: 0.6740
Supporting reasons: Identified as an overlap support that aligns with a 61.8 Fibonacci retracement, indicating a potential level where buying interests could pick up to stage a rebound.
1st support: 0.6647
Supporting reasons: Identified as a swing-low support that aligns with a 50% Fibonacci retracement, indicating a potential level where price could find support once more.
1st resistance: 0.6913
Supporting reasons: Identified as a swing-high resistance, indicating a potential area that could halt any further upward movement.
NZD/USD
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: 0.6127
Supporting reasons: Identified as a swing-low support that aligns close to a 50% Fibonacci retracement, indicating a potential area where buying interests could pick up to stage a rebound..
1st support: 0.6036
Supporting reasons: Identified as a pullback support that aligns close to a 61.8% Fibonacci retracement indicating a potential level where price could find support again.
1st resistance: 0.6260
Supporting reasons: Identified as an overlap resistance that aligns with a 50% 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 is rising towards the pivot and could potentially make a bearish reversal off this level to pull back towards the 1st support.
Pivot: 42,654.55
Supporting reasons: Identified as a pullback resistance that aligns with a confluence of Fibonacci levels i.e. a 78.6% projection and a 161.8% extension, suggesting a potential area where selling pressures could intensify.
1st support: 41,547.82
Supporting reasons: Identified as an overlap support that aligns close to a 38.2% Fibonacci retracement, indicating a potential level where price could find support.
1st resistance: 43,197.02
Supporting reasons: Identified as a resistance that aligns with a 100% Fibonacci projection, indicating a potential area that could halt any further upward movement.
DE40 (DAX):
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 pull back towards the 1st support.
Pivot: 19,399.00
Supporting reasons: Identified as a swing-high resistance that aligns with a confluence of Fibonacci levels i.e. a 61.8% projection and a 161.8% extension, suggesting a potential area where selling pressures could intensify.
1st support: 18,922.30
Supporting reasons: Identified as a pullback support that aligns close to a 38.2% Fibonacci retracement, indicating a key level where price could find support once more.
1st resistance: 19,742.20
Supporting reasons: Identified as a resistance that aligns with a 78.6% Fibonacci projection, 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 pull back towards the 1st support.
Pivot: 5,831.19
Supporting reasons: Identified as a resistance that aligns with a confluence of Fibonacci levels i.e. a 78.6% projection and a 161.8% extension, suggesting a potential area where selling pressures could intensify.
1st support: 5,669.89
Supporting reasons: Identified as an overlap support that aligns close to a 23.6% Fibonacci retracement, indicating a potential level where price could find support once again.
1st resistance: 5,951.96
Supporting reasons: Identified as a resistance that aligns with a 100% Fibonacci projection, 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 fall towards the 1st support.
Pivot: 65,783.37
Supporting reasons: Identified as a swing-high resistance that aligns with a 78.6% Fibonacci retracement, suggesting a potential level where selling pressures could intensify.
1st support: 60,529.00
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 more.
1st resistance: 68,388.74
Supporting reasons: Identified as a multi-swing-high resistance, 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: 2,811.75
Supporting reasons: Identified as an overlap resistance that aligns with a 50% Fibonacci retracement, suggesting a potential level where selling pressures could intensify.
1st support: 2,293.84
Supporting reasons: Identified as a pullback support that aligns with a 78.6% Fibonacci retracement, indicating a potential level where price could find support once again.
1st resistance: 3,353.53
Supporting reasons: Identified as an overlap 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: 78.08
Supporting reasons: Identified as a swing-high resistance that aligns close to a 61.8% Fibonacci retracement, suggesting a potential level where selling pressures could intensify.
1st support: 72.73
Supporting reasons: Identified as an overlap support, indicating a key level where price could find support.
1st resistance: 80.03
Supporting reasons: Identified as a swing-high resistance that aligns close to a 78.6% Fibonacci retracement, indicating a potential area that could halt any further upward movement.
XAU/USD (GOLD):
Potential Direction: Neutral
Overall momentum of the chart: Bearish
Price could potentially make a: Fluctuate between the 1st resistance and 1st support level.
1st support: 2625.81
Supporting reasons: Swing low support, suggesting this level may provide a significant point of support if the price declines.
1st resistance: 2673.54
Supporting reasons: Multi-swing high resistance, indicating this level could act as a significant resistance point if the price 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.