DXY (US Dollar Index):

Potential Direction: Bearish
Overall momentum of the chart: Bearish

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

Pivot: 100.54
Supporting reasons: Pullback resistance, suggesting that this level might act as a resistance where the price could face downward pressure.

1st support: 99.93
Supporting reasons: 127.20% Fibonacci Extension, indicating a significant level where the price might find support if it drops.

1st resistance: 101.24
Supporting reasons: An Overlap resistance, suggesting this level could act as a barrier if the price tries to rise.

EUR/USD:

Potential Direction: Bearish
Overall momentum of the chart: Bullish

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

Pivot: 1.1195
Supporting reasons: Multi-swing high resistance, indicating a significant level where the price might face downward pressure.

1st support: 1.1124
Supporting reasons: Pullback support, suggesting this level might provide support if the price moves lower.

1st resistance: 1.1257
Supporting reasons: 161.80% Fibonacci Extension, indicating this level could act as a strong resistance if the price attempts to rise.

EUR/JPY:

Potential Direction: Bullish
Overall momentum of the chart: Bullish

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

Pivot: 158.61
Supporting reasons: Pullback support and 50% Fibonacci Projection, suggesting this level might provide support for a bullish move.

1st support: 155.47
Supporting reasons: Multi-swing low support, indicating this level could act as a strong point of support if the price drops below the pivot.

1st resistance: 161.57
Supporting reasons: Pullback resistance and 78.60% Fibonacci Retracement, indicating this level might face significant resistance if the price rises.

EUR/GBP:

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 reaction off pivot and drop to 1st support.

Pivot: 0.8385
Supporting reasons: Pullback resistance and 50% Fibonacci Retracement, suggesting this level might act as a resistance where the price could face downward pressure.

1st support: 0.8321
Supporting reasons: Swing low support, indicating this level could provide a point of support if the price continues to drop.

1st resistance: 0.8453
Supporting reasons: An Overlap resistance, implying that this level might act as a significant resistance if the price attempts to rise.

GBP/USD:

Potential Direction: Bearish
Overall momentum of the chart: Bullish

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

Pivot: 1.3429
Supporting reasons: 161.80% Fibonacci Extension, indicating this level might act as a significant resistance where the price could face downward pressure.

1st support: 1.3262
Supporting reasons: An Overlap support, suggesting this level could provide a point of support if the price continues to drop.

1st resistance: 1.3680
Supporting reasons: An Overlap resistance, implying that this level could act as a significant resistance if the price attempts to rise.

GBP/JPY:

Potential Direction: Bearish
Overall momentum of the chart: Bullish

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

Pivot: 193.30
Supporting reasons: Multi-swing high resistance, indicating this level might act as a strong resistance point.

1st support: 189.24
Supporting reasons: An Overlap support with 38.20% Fibonacci Retracement, suggesting this level could provide significant support if the price drops.

1st resistance: 195.96
Supporting reasons: Pullback resistance with 127.20% Fibonacci Extension, indicating this level might act as a strong resistance if the price attempts to rise.

USD/CHF:

Potential Direction: Bearish
Overall momentum of the chart: Bearish

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

Pivot: 0.8515
Supporting reasons: Multi-swing high resistance and 78.60% Fibonacci Retracement, suggesting this level could act as a strong resistance where the price might face selling pressure.

1st support: 0.8430
Supporting reasons: A swing low support, indicating this level could provide significant support if the price drops further.

1st resistance: 0.8564
Supporting reasons: Pullback resistance and 50% Fibonacci Retracement, indicating that this level might act as a resistance if the price attempts to rise.

USD/JPY:

Potential Direction: Bullish
Overall momentum of the chart: Bullish

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

Pivot: 142.84
Supporting reasons: An overlap support, indicating this level might act as a key support where the price could find buying interest.

1st support: 141.06
Supporting reasons: An overlap support, suggesting this level could provide additional support if the price moves below the pivot.

1st resistance: 145.43
Supporting reasons: Pullback resistance and 78.60% Fibonacci Retracement, indicating that this level might face resistance as the price advances.

USD/CAD:

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: 1.3492
Supporting reasons: Identified as an overlap resistance that aligns close to a 38.2% Fibonacci retracement, suggesting a potential area where selling pressures could intensify to resume the downtrend.

1st support: 1.3419
Supporting reasons: Identified as a swing-low support, indicating a key level where price has found support recently.

1st resistance: 1.3545
Supporting reasons: Identified as an overlap resistance that aligns close to a 50% Fibonacci retracement, indicating a potential area that could halt any further upward movement.

AUD/USD:

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: 0.6859
Supporting reasons: Identified as a pullback support, indicating a potential level where buying interests could pick up to resume the uptrend.

1st support: 0.6794
Supporting reasons: Identified as an overlap support that aligns with a 38.2% Fibonacci retracement, indicating a key level where price has found support recently.

1st resistance: 0.6921
Supporting reasons: Identified as a resistance that aligns with a 127.2% Fibonacci extension, indicating a potential area that could halt any further upward movement.

NZD/USD

Potential Direction: Bearish
Overall momentum of the chart: Bullish

Price has made a bearish reversal off the pivot and could potentially pull back towards the 1st support.

Pivot: 0.6357

Supporting reasons: Identified as a swing-high resistance that aligns close to a 161.8% Fibonacci extension, suggesting a potential area where selling pressures could intensify.

1st support: 0.6292
Supporting reasons: Identified as a pullback support that aligns with a 23.6% Fibonacci retracement, indicating a potential level where price could find support.

1st resistance: 0.6402
Supporting reasons: Identified as a swing-high resistance, indicating a potential area that could halt any further upward movement.

US30 (DJIA):

Potential Direction: Bullish
Overall momentum of the chart: Bullish

Price is trading close to the pivot and could potentially make a bullish break above this level to rise towards the 1st resistance.

Pivot: 42,178.61
Supporting reasons: Identified as a pullback resistance which now could be broken due to the strong bullish momentum.

1st support: 41,590.34

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

1st resistance: 42,596.32

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

DE40 (DAX):

Potential Direction: Bullish
Overall momentum of the chart: Bullish

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

Pivot: 18,653.80
Supporting reasons: Identified as an overlap support that aligns with a confluence of Fibonacci levels i.e. the 50% retracement and the 100% projection, suggesting a potential area where buying interests could pick up to resume the uptrend.

1st support: 18,424.10
Supporting reasons: Identified as a pullback support that aligns close to a 78.6% Fibonacci retracement, indicating a key level where price has found support recently.

1st resistance: 19,049.50
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: Bullish
Overall momentum of the chart: Bullish

Price is trading close to the pivot and could potentially make a bullish break above this level to rise towards the 1st resistance.

Pivot: 5,730.70
Supporting reasons:  Identified as a pullback resistance that aligns with a confluence of Fibonacci levels i.e. the 61.8% projection and the 127.2% extension, which now could be broken due to the strong bullish momentum.

1st support: 5,653.70
Supporting reasons: Identified as a pullback support that aligns with a 23.6% Fibonacci retracement, indicating a potential level where price could find support.

1st resistance: 5,831.35
Supporting reasons: Identified as a resistance that aligns with a confluence of Fibonacci levels i.e. the 78.6% projection and the 161.8% extension, indicating a potential area that could halt any further upward movement.

BTC/USD (Bitcoin):

Potential Direction: Bearish
Overall momentum of the chart: Bullish

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

Pivot: 64,376.72
Supporting reasons: Identified as a multi-swing-high resistance, suggesting a potential level where selling pressures could intensify.

1st support: 62,723.05
Supporting reasons: Identified as an overlap support, indicating a key level where price has found support recently.

1st resistance: 67,053.33
Supporting reasons: Identified as an overlap resistance, indicating a potential area that could halt any further upward movement.

ETH/USD (Ethereum):

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: 2,575.58
Supporting reasons: Identified as an overlap support that aligns with a 23.6% Fibonacci retracement, suggesting a potential level where buying interests could pick up to resume the uptrend.

1st support: 2,457.10
Supporting reasons: Identified as a pullback support that aligns close to a 50% Fibonacci retracement, indicating a potential level where price could find support.

1st resistance: 2,671.88
Supporting reasons: Identified as an overlap resistance that aligns close to a 78.6% 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 has made a bearish reversal off the pivot and could potentially fall towards the 1st support.

Pivot: 72.61
Supporting reasons: Identified as an overlap resistance, suggesting a potential level where selling pressures could intensify.

1st support: 69.89
Supporting reasons: Identified as a pullback support that aligns close to a 38.2% Fibonacci retracement, indicating a key level where price has found support recently.

1st resistance: 75.38
Supporting reasons: Identified as an overlap 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: Bearish
Overall momentum of the chart: Bullish

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

Pivot: 2665.11
Supporting reasons: Swing high resistance and 100% Fibonacci Projection, suggesting this level could act as significant resistance.

1st support: 2601.49
Supporting reasons: Pullback support, indicating this level might serve as a potential support area if the price drops.

1st resistance: 2785.47
Supporting reasons: 78.60% Fibonacci Projection, marking a potential resistance level if the price continues 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.