DXY (US Dollar Index):

Potential Direction: Bullish
Overall momentum of the chart: Bullish

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

Pivot: 101.18
Supporting reasons: Identified as pullback support, indicating a level where the price has previously retraced and found buying interest, likely supporting further upward movement.

1st support: 100.53
Supporting reasons: Recognized as multi-swing low support, suggesting an area where the price has reversed multiple times in the past, providing strong support.

1st resistance: 102.18
Supporting reasons: Marked as pullback resistance and reinforced by the 61.80% Fibonacci Retracement, indicating a significant level where previous upward moves encountered resistance, which could again act as a barrier to further gains.

EUR/USD:

Potential Direction: Bearish
Overall momentum of the chart: Bearish

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

Pivot: 1.1069
Supporting reasons: Identified as an overlap resistance and reinforced by the 38.20% Fibonacci Retracement, indicating a level where previous price movements have stalled, suggesting potential resistance to further upward movement.

1st support: 1.1021
Supporting reasons: Recognized as pullback support, strengthened by the 161.80% Fibonacci Extension, indicating a significant level where price might find support after a pullback.

1st resistance: 1.1111
Supporting reasons: Marked as pullback resistance, supported by the 50% Fibonacci Retracement, suggesting a potential barrier where price may encounter selling pressure and reverse.

EUR/JPY:

Potential Direction: Bearish
Overall momentum of the chart: Bearish

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

Pivot: 162.00
Supporting reasons: Identified as pullback resistance, suggesting a level where previous upward movements have reversed, indicating potential resistance to further upward movement.

1st support: 159.38
Supporting reasons: Recognized as an overlap support, reinforced by the 127.20% Fibonacci Extension, indicating a significant level where price may find support after a downward movement.

1st resistance: 163.81
Supporting reasons: Marked as swing high resistance, suggesting a historical level where price has previously encountered selling pressure and reversed.

EUR/GBP:

Potential Direction: Bearish
Overall momentum of the chart: Bearish

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

Pivot: 0.8453
Supporting reasons: Identified as pullback support, reinforced by the 23.60% Fibonacci Retracement, indicating a potential area where the price might stall before continuing downward.

1st support: 0.8384
Supporting reasons: Marked as swing low support, suggesting a significant area where previous declines have found a buying interest.

1st resistance: 0.8490
Supporting reasons: Recognized as pullback resistance, supported by the 38.20% Fibonacci Retracement, indicating a potential level where the price may face selling pressure if it retraces upward.

GBP/USD:

Potential Direction: Bearish
Overall momentum of the chart: Bearish

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

Pivot: 1.3113
Supporting reasons: Identified as an overlap resistance, indicating a level where previous upward movements have faced selling pressure, potentially halting further gains.

1st support: 1.3032
Supporting reasons: Recognized as pullback support, reinforced by the 38.20% Fibonacci Retracement, suggesting a significant level where the price may find support during a downward movement.

1st resistance: 1.3179
Supporting reasons: Marked as an overlap resistance, indicating a historical level where the price has previously encountered resistance and reversed downward.

GBP/JPY:

Potential Direction: Bearish
Overall momentum of the chart: Bearish

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

Pivot: 191.92
Supporting reasons: Identified as pullback resistance, suggesting a level where the price could face selling pressure, limiting further upward movement.

1st support: 187.85
Supporting reasons: Recognized as an overlap support level, reinforced by the 38.20% Fibonacci Retracement, indicating a significant area where the price may find support during a downward move.

1st resistance: 195.99
Supporting reasons: Marked as pullback resistance, indicating a level where previous upward movements have been halted, potentially causing a reversal.

USD/CHF:

Potential Direction: Bullish
Overall momentum of the chart: Bullish

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

Pivot: 0.8479
Supporting reasons: Identified as an overlap support, indicating a level where previous price movements have found stability and could provide a base for further upward movement.

1st support: 0.8403
Supporting reasons: Recognized as swing low support, suggesting an area where past declines have reversed, potentially acting as a floor for the current trend.

1st resistance: 0.8622
Supporting reasons: Marked as pullback resistance, reinforced by the 61.80% Fibonacci retracement, signaling a potential area where the upward momentum could encounter selling pressure or consolidation.

USD/JPY:

Potential Direction: Bullish
Overall momentum of the chart: Bullish

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

Pivot: 145.06
Supporting reasons: Identified as an overlap support level, reinforced by the 61.80% Fibonacci Retracement, indicating a strong area where the price may find support and potentially initiate an upward movement.

1st support: 143.51
Supporting reasons: Recognized as a multi-swing low support level, suggesting a significant area where the price has previously found support during declines.

1st resistance: 149.32
Supporting reasons: Marked as swing high resistance, indicating a level where the price has previously faced selling pressure, possibly limiting further upward movement.

USD/CAD:

Potential Direction: Bearish
Overall momentum of the chart: Bearish

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

Pivot: 1.3560
Supporting reasons: Identified as an overlap resistance that aligns with a 23.6% Fibonacci retracement, indicating a potential area where selling pressures could intensify. The presence of the bearish0 Ichimoku Cloud adds further significance to this resistance zone.

1st support: 1.3441
Supporting reasons: Identified as a multi-swing-low support, indicating a potential area where price could find strong support.

1st resistance: 1.3616
Supporting reasons: Identified as an overlap resistance that aligns close to a 38.2% Fibonacci retracement, indicating a potential area that could halt any further upward movement.

AUD/USD:

Potential Direction: Bullish
Overall momentum of the chart: Bearish

Price has made bullish bounce around the pivot and could potentially rise towards the 1st resistance.

Pivot: 0.6699
Supporting reasons: Identified as a swing-low support, indicating a significant area where buying interests could pick up to stage a rebound.

1st support: 0.6642
Supporting reasons: Identified as an overlap support that aligns with a 38.2% Fibonacci retracement, suggesting a potential area where price could find support.

1st resistance: 0.6754
Supporting reasons: Identified as an overlap resistance that aligns with a 50% Fibonacci retracement, indicating a significant area that could halt 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: 0.6124
Supporting reasons: Identified as an overlap support that aligns with a 38.2% Fibonacci retracement, indicating a significant area where buying interests could pick up to stage a rebound.

1st support: 0.6080
Supporting reasons: Identified as a pullback support that aligns with a 50% Fibonacci retracement, suggesting a potential area where price could find support.

1st resistance: 0.6197
Supporting reasons: Identified as an overlap resistance, indicating a significant area that could halt further upward movement.

US30 (DJIA):

Potential Direction: Bullish

Overall Momentum of the Chart: Bearish

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

Pivot: 40,875.50

Supporting reasons: Identified as a swing-low support that aligns with a 23.6% Fibonacci retracement, suggesting a potential area where buying interests could pick up to stage a rebound.

1st Support: 40,467.11

Supporting Reasons: Identified as an overlap support that aligns close to a 38.2% Fibonacci retracement, suggesting an area where price could find support.

1st Resistance: 41,590.34

Supporting Reasons: Identified as a swing-high resistance that aligns close to the all-time high, indicating a significant area that could halt further upward movement.

DE40 (DAX):

Potential Direction: Bullish

Overall Momentum of the Chart: Bearish

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

Pivot: 18,593.70

Supporting reasons: Identified as an overlap support that aligns close to a 23.6% Fibonacci retracement, suggesting a potential area where buying interests could pick up to stage a rebound.

1st Support: 18,149.30

Supporting Reasons: Identified as a multis-wing-low support, indicating a potential area where price could find support.

1st Resistance: 18,971.60

Supporting Reasons: Identified as a swing-high resistance that aligns close to the all-time high, indicating a significant area that could halt further upward movement.

US500 (S&P 500): 

Potential Direction: Bullish

Overall Momentum of the Chart: Bearish

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

Pivot: 5,492.99

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

1st support: 5,402.66

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

1st resistance: 5,561.63

Supporting reasons: Identified as an overlap resistance that aligns with a 38.2% Fibonacci retracement, suggesting a critical area that could halt further upward movement.

BTC/USD (Bitcoin):

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: 54,351.19

Supporting reasons: Identified as an overlap support that aligns close to a 61.8% Fibonacci retracement, indicating a potential area where buying interests could pick up to stage a rebound.

1st support: 51,330.62

Supporting reasons: Identified as a swing-low support, indicating a significant area where price has found support in the past.

1st resistance: 59,123.59

Supporting reasons: Identified as a swing-high resistance that aligns with a 38.2% Fibonacci retracement, indicating a potential barrier that could halt further upward movement.

ETH/USD (Ethereum):

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: 2,289.04

Supporting reasons: Identified as a multi-swing-low support that aligns close to a 61.8% Fibonacci retracement, indicating a potential area where buying interests could pick up to stage a rebound.

1st Support: 2,044.47

Supporting Reasons: Identified as a swing-low support, indicating a potential area where price could find support.

1st Resistance: 2,575.58

Supporting Reasons: Identified as a multi-swing-high resistance that aligns close to a 50% Fibonacci retracement, indicating a historical barrier where that could halt further upward movement.

WTI/USD (Oil):

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: 69.83

Supporting Reasons: Identified as a swing-low support, suggesting a potential area where buying interests could pick up to stall the decline.

1st Support: 68.29

Supporting Reasons: Identified as a swing-low support, indicating a potential area where price has found support in the past.

1st Resistance: 72.61

Supporting Reasons: Identified as a pullback resistance, indicating a potential barrier that could halt further upward movement.

XAU/USD (GOLD):

Potential Direction: Bearish
Overall momentum of the chart: Bearish

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

Pivot: 2494.29
Supporting reasons: Identified as a pullback resistance, suggesting this level may act as a barrier to further upward movement, leading to a potential reversal.

1st support: 2473.76
Supporting reasons: Recognized as an overlap support level, reinforced by the 38.20% Fibonacci Retracement and 161.80% Fibonacci Extension, indicating a confluence of support factors that could stabilize the price at this level.

1st resistance: 2526.17
Supporting reasons: Marked as a multi-swing high resistance, indicating a historical area where previous rallies have faced significant selling pressure, possibly preventing further gains.

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.