DXY (US Dollar Index):
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price could potentially make a bullish bounce-off pivot and head toward 1st resistance
Pivot: 104.14
Supporting reasons: Acts as an Overlap support with a 38.20% Fibonacci Retracement, indicating a key level where buying interest might intensify, suggesting a solid foundation for a potential upward movement within the context of the overall bullish trend.
1st support: 103.49
Supporting reasons: Known as Pullback support with a 61.80% Fibonacci Retracement, suggesting a significant area where the market has previously found strong buying interest, providing a foundation for potential price stabilization or a minor rebound within the bullish movement.
1st resistance: 104.95
Supporting reasons: Identified as Multi-swing high resistance, marking a significant barrier that has capped previous upward movements.
EUR/USD:
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Price could potentially make a bearish continuation toward 1st support
Pivot: 1.0872
Supporting reasons: Acts as an Overlap resistance with a 61.80% Fibonacci Retracement, indicating a key level where selling pressure might intensify, suggesting a potential turning point for the price to continue its downward movement within the overall bearish trend.
1st support: 1.0802
Supporting reasons: Pullback support suggests a significant area where the market has previously found strong buying interest, providing a foundation for potential price stabilization or a minor rebound within the bearish movement.
1st resistance: 1.0916
Supporting reasons: Identified as an Overlap resistance, marking a significant barrier that has capped previous upward movements.
EUR/JPY:
Potential Direction: Bullish
Overall momentum of the chart: Bearish
Price could potentially make a bullish bounce-off pivot and head toward 1st resistance
Pivot: 163.44
Supporting reasons: Acts as Pullback support, indicating a key level where buying interest might intensify, suggesting a solid foundation for a potential upward movement within the context of the overall bearish trend.
1st support: 162.11
Supporting reasons: Known as an Overlap support, suggesting a significant area where the market has previously found strong buying interest, providing a foundation for potential price stabilization or a minor rebound.
1st resistance: 164.37
Supporting reasons: Identified as Pullback resistance, marking a significant barrier that could cap upward movements.
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: 0.8586
Supporting reasons: Acts as Multi-swing high resistance with a 78.60% Fibonacci Retracement, indicating a key level where selling pressure might intensify, suggesting a potential turning point for the price to reverse and move downwards within the overall bearish trend.
1st support: 0.8547
Supporting reasons: Pullback support suggests a significant area where the market has previously found strong buying interest, providing a foundation for potential price stabilization or a minor rebound within the bearish movement.
1st resistance: 0.8602
Supporting reasons: Identified as Swing high resistance, marking a significant barrier that has capped previous upward movements.
GBP/USD:
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Price could potentially make a bearish continuation toward 1st support
Pivot: 1.2674
Supporting reasons: The pivot acts as Pullback resistance with a combination of a 50% Fibonacci Retracement and a 127.20% Fibonacci Extension, indicating a significant level of Fibonacci confluence. This suggests a strong technical backdrop where selling pressure might increase, pointing to a potential for continued bearish movement within the context of the overall downward trend.
1st support: 1.2587
Supporting reasons: Known as Pullback support, indicating a significant area where the market has previously found strong buying interest, providing a foundation for potential price stabilization or a minor rebound within the context of the ongoing bearish movement.
1st resistance: 1.2755
Supporting reasons: Serves as Pullback resistance with a 78.60% Fibonacci Retracement, marking a significant barrier that could limit upward movements.
GBP/JPY:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price could potentially make a bullish bounce-off pivot and head toward 1st resistance
Pivot: 190.08
Supporting reasons: Acts as Pullback support, indicating a key level where buying interest might intensify, suggesting a solid foundation for a potential upward movement within the context of the overall bullish trend.
1st support: 189.39
Supporting reasons: Known as Pullback support with a 127.20% Fibonacci Extension, suggesting a significant area where the market has previously found strong buying interest, providing a foundation for potential price stabilization or a minor rebound, reinforcing the bullish momentum.
1st resistance: 190.89
Supporting reasons: Identified as Pullback resistance, marking a significant barrier that could cap upward movements
USD/CHF:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price could potentially make a bullish bounce-off pivot and head toward 1st resistance
Pivot: 0.9009
Supporting reasons: Acts as an Overlap resistance with a 23.60% Fibonacci Retracement, indicating a key level where buying pressure might intensify, suggesting a solid foundation for a potential upward movement within the overall bullish trend.
1st support: 0.8909
Supporting reasons: Known as Pullback support with a 50% Fibonacci Retracement, suggesting a significant area where the market has previously found strong buying interest, providing a foundation for potential price stabilization or a minor rebound within the bullish movement.
1st resistance: 0.9089
Supporting reasons: Identified as Multi-swing high resistance, marking a significant barrier that has capped previous upward movements.
USD/JPY:
Potential Direction: Neutral
Overall momentum of the chart: Neutral
Price could potentially fluctuate between the 1st resistance and 1st support level.
1st support: 150.84
Supporting reasons: Acts as an Overlap support, indicating a key level where buying interest has historically been strong, suggesting a solid foundation for potential price stabilization or a rebound if it retreats from higher levels.
1st resistance: 151.96
Supporting reasons: Identified as Multi-swing high resistance with a 127.20% Fibonacci Extension, marking a significant barrier that has capped previous upward movements. This indicates a crucial threshold for traders to watch, as overcoming this level could signal a shift in market sentiment or the continuation of the current neutral trend.
USD/CAD:
Potential Direction: Bullish
Overall momentum of the chart: Neutral
Price is rising towards the pivot and could potentially make a bearish reaction off this level to drop lower
Pivot: 1.3613
Supporting reasons: Identified as a pullback support that aligns close to a 127.2% Fibonacci extension level suggesting a significant area where the market has previously found strong selling interest.
1st support: 1.3522
Supporting reasons: Identified as a pullback support, suggesting a significant area where the market has previously found strong buying interest and could provide a foundation for potential price stabilization.
1st resistance: 1.3656
Supporting reasons: Identified as an overlap resistance that aligns close to a 161.8% Fibonacci extension level, marking a significant barrier that could cap further upward movements.
AUD/USD:
Potential Direction: Bullish
Overall momentum of the chart: Bearish
Price could potentially make a bullish reaction off the pivot to rise toward the 1st resistance
Pivot: 0.6588
Supporting reasons: Acts as an overlap support that aligns close to a 38.2% Fibonacci retracement level, suggesting a potential support area for price stabilization.
1st support: 0.6532
Supporting reasons: Acts as a pullback support that aligns close to a 61.8% Fibonacci retracement level, suggesting a significant area where price has previously found strong support and could provide a basis to halt further downward movement.
1st resistance: 0.6615
Supporting reasons: Identified as a swing-high, marking a significant barrier that has previously capped upward movements.
NZD/USD
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Price has made a bearish reaction off the pivot and could potentially drop toward the 1st support
Pivot: 0.6049
Supporting reasons: Acts as a pullback resistance that aligns close to a 61.8% Fibonacci retracement, where selling pressures have picked up recently.
1st support: 0.5939
Supporting reasons: Acts as a pullback support, suggesting a potential area for price stabilization or a minor rebound within the bearish context.
1st resistance: 0.6094
Supporting reasons: Identified as a pullback resistance that aligns close to a 61.8% Fibonacci retracement level, marking a significant barrier that could cap upward movements.
US30 (DJIA):
Potential Direction: Bullish
Overall momentum of the chart: Bearish
Price could make a bullish reaction off the pivot and potentially rise towards the 1st resistance
Pivot: 38,512.64
Supporting reasons: Acts as a pullback support that aligns close to a 78.6% Fibonacci retracement level where price has found strong buying interest in recent weeks.
1st support: 38,151.50
Supporting reasons: Identified as a pullback support, suggesting a significant area where price has previously found strong buying interest and could provide a solid foundation to halt further downward movement.
1st resistance: 39,316.05
Supporting reasons: Identified as an overlap resistance resistance that aligns with a 50% Fibonacci retracement level, indicating a potential barrier that could cap further upward movements.
DE40 (DAX):
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price could make a bullish reaction off the pivot and potentially rise towards the 1st resistance
Pivot: 18,082.30
Supporting reasons: Identified as a pullback support, suggesting a potential zone where price could find support and make a bullish bounce.
1st support: 17,899.30
Supporting reasons: Acts as an overlap support that aligns with a 38.2% Fibonacci retracement level, suggesting a significant area where price has previously found strong buying interest and could provide a solid foundation to halt further downward movement.
1st resistance: 18,422.50
Supporting reasons: Identified as a pullback resistance that could potentially function as a significant barrier that could cap further upward movements. Overcoming this level would underscore the strength of the bullish momentum.
US500 (S&P 500):
Potential Direction: Bullish
Overall momentum of the chart: Neutral
Price could make a bullish reaction off the pivot and potentially rise towards the 1st resistance
Pivot: 5,140.35
Supporting reasons: Acts as a pullback support that aligns with a 38.2% Fibonacci retracement level where buying interest could be strong, suggesting a potential foundation for a price stabilization or a rebound.
1st support: 5,102.10
Supporting reasons: Acts as a pullback support that aligns with a 50% Fibonacci retracement level suggesting a significant area where price has previously found strong buying interest, providing a solid foundation to halt further downward movement.
1st resistance: 5,195.20
Supporting reasons: Marked by a pullback resistance which could function as a potential barrier that could cap further upward movements.
BTC/USD (Bitcoin):
Potential Direction: Bullish
Overall momentum of the chart: Neutral
Price could potentially rise towards the 1st resistance
1st support: 61,521.91
Supporting reasons: Acts as a swing-low support that aligns with a confluence of Fibonacci levels i.e. the 50% retracement and 78.6% projection levels, suggesting a significant area where price has previously found strong buying interest and could provide a solid foundation for potential price stabilization or a rebound in the event of a pullback.
1st resistance: 71,672.15
Supporting reasons: Marked by a pullback resistance, indicating a significant barrier that could cap further upward movements.
ETH/USD (Ethereum):
Potential Direction: Bullish
Overall momentum of the chart: Neutral
Price could potentially make a bullish bounce off the pivot and rise towards the 1st resistance
Pivot: 3,233.72
Supporting reasons: Acts as a pullback support that aligns close to a 78.6% Fibonacci retracement level indicating a key level where buying interest has historically been strong, suggesting a solid foundation for a potential price stabilization or a rebound.
1st support: 3,111.04
Supporting reasons: Identified as a swing-low support suggesting a significant area where price has previously found support, providing a strong foundation for further downward movements.
1st resistance: 3,661.29
Supporting reasons: Identified as a pullback resistance that aligns close to a 61.8% Fibonacci retracement level, marking a significant barrier that has previously capped upward movements.
WTI/USD (Oil):
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Price could make a bullish continuation towards the pivot to potentially stall around this level before reversing to drop lower
Pivot: 87.84
Supporting reasons: Marked by an overlap resistance that aligns with a 100% Fibonacci projection level, indicating a significant level where selling pressure might intensify.
1st support: 84.13
Supporting reasons: Identified as an overlap support, suggesting a significant area where price has previously found strong buying interest and could provide a solid foundation for potential price stabilization or a rebound.
1st resistance: 89.26
Supporting reasons: Identified as a pullback resistance that aligns close to a 78.6% Fibonacci retracement level, marking a significant barrier that could cap further upward movements.
XAU/USD (GOLD):
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Price could potentially make a bearish continuation toward 1st support
Pivot: 2311.03
Supporting reasons: Acts as Swing high resistance with a 78.60% Fibonacci Projection, indicating a significant level where selling pressure might intensify, suggesting a potential turning point for the price to reverse and move downwards within the overall bullish trend.
1st support: 2212.51
Supporting reasons: Pullback support suggests a significant area where the market has previously found strong buying interest, providing a foundation for potential price stabilization or a minor rebound within the bearish movement.
1st resistance: 2400.61
Supporting reasons: Marked by a 78.60% Fibonacci Projection, indicating a significant barrier that could cap upward movements.
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