DXY (US Dollar Index):
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price could potentially make a bullish bounce off pivot and head towards 1st resistance
Pivot: 104.20
Supporting reasons: Acts as an Overlap support with a 50% 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: 103.56
Supporting reasons: Known as Pullback support with a 78.60% 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.
1st resistance: 104.99
Supporting reasons: Identified as Multi-swing high resistance, marking a significant barrier that has capped previous upward movements.
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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: 1.0872
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 reverse and move downwards within the context of the overall bearish trend.
1st support: 1.0802
Supporting reasons: Known as Pullback 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 within the context of a bearish move.
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: Bearish
Overall momentum of the chart: Bearish
Price could potentially make a: Bearish reaction off pivot and drop to 1st support
Pivot: 164.61
Supporting reasons: Acts as Pullback 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 context of the overall bearish trend.
1st support: 163.42
Supporting reasons: Known as Pullback 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 within the bearish movement.
1st resistance: 165.33
Supporting reasons: Identified as Swing high resistance, marking a significant barrier that has capped previous 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: 0.8573
Supporting reasons: Acts as an Overlap resistance, indicating a key level where selling pressure might intensify, suggesting a potential turning point for the price to reverse and move downwards within the context of the overall bearish trend.
1st support: 0.8547
Supporting reasons: Known as Pullback 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 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 reaction off pivot and drop to 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 in the context of the overall downward trend.
1st support: 1.2587
Supporting reasons: Identified 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 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: Bearish
Overall momentum of the chart: Bullish
Price could potentially make a: Bearish reaction off pivot and drop to 1st support
Pivot: 192.14
Supporting reasons: Acts as Pullback resistance with a 61.80% Fibonacci Retracement and a 161.80% 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 despite the overall bullish trend.
1st support: 191.24
Supporting reasons: Known as Pullback 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 within the context of the ongoing bearish movement.
1st resistance: 193.39
Supporting reasons: Identified as Multi-swing high resistance, marking a significant barrier that has capped previous upward movements.
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: 0.9009
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 context of 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 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.
USD/CAD:
Potential Direction: Bearish
Overall momentum of the chart: Neutral
Price has broken below the pivot and could potentially make a bearish drop towards the 1st support
Pivot: 1.3523
Supporting reasons: Previously identified as a pullback support that aligns close to a 61.8% Fibonacci retracement level suggesting a significant area where the market has previously found strong buying interest. However, bearish momentum could now drive price lower from the pivot.
1st support: 1.3466
Supporting reasons: Identified as a swing-low support that aligns close to a 78.6% Fibonacci retracement level suggesting a significant area where the market has previously found strong buying interest, providing a foundation for potential price stabilization.
1st resistance: 1.3580
Supporting reasons: Identified as a pullback resistance, marking a significant barrier that could cap further upward movements.
AUD/USD:
Potential Direction: Bearish
Overall momentum of the chart: Neutral
Price could potentially rise towards the pivot before making a bearish reaction to drop towards the 1st support
Pivot: 0.6588
Supporting reasons: Acts as an overlap resistance that aligns close to a 127.2% Fibonacci retracement level, suggesting a potential barrier against further upward movement.
1st support: 0.6554
Supporting reasons: Acts as an overlap support, suggesting a significant area where price has previously found strong support, providing a basis for a potential price stabilization or a minor rebound.
1st resistance: 0.6623
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 could potentially make a bearish reaction off the pivot and drop towards the 1st support
Pivot: 0.6030
Supporting reasons: Acts as an overlap resistance where selling pressures may pick up and cause price to reverse.
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: Neutral
Price has made a bullish reaction off the pivot and could potentially rise towards the 1st resistance
Pivot: 39,078.84
Supporting reasons: Acts as a pullback support where price has found strong buying interest in recent weeks.
1st support: 38,693.81
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 for potential price stabilization or a rebound.
1st resistance: 39,416.74
Supporting reasons: Identified as an overlap resistance resistance that aligns with a 38.2% 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 potentially rise towards the pivot before making a bearish reaction off this level to drop towards the 1st support
Pivot: 18,567.67
Supporting reasons: Identified as a pullback resistance that aligns with a 78.6% Fibonacci projection level, suggesting a potential zone where price could face selling pressures and make a bearish reaction.
1st support: 18,037.52
Supporting reasons: Acts as an overlap support, suggesting a significant area where price has previously found strong buying interest and could provice a solid foundation for a potential price stabilization or a rebound.
1st resistance: 18,837.43
Supporting reasons: Marked by a 100% Fibonacci Projection, indicating 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 has made a bullish reaction off the pivot and could potentially rise towards the 1st resistance
Pivot: 5,189.10
Supporting reasons: Acts as an overlap support where buying interest could be strong, suggesting a solid foundation for a potential price stabilization or a rebound.
1st support: 5,115.50
Supporting reasons: Acts as a pullback support that aligns close to a 50% Fibonacci retracement level suggesting a significant area where price has previously found strong buying interest, providing a solid foundation should price beyond the pivot.
1st resistance: 5,282.06
Supporting reasons: Marked by a pullback resistance at the all-time high, indicating a significant barrier that could cap further upward movements.
BTC/USD (Bitcoin):
Potential Direction: Bearish
Overall momentum of the chart: Neutral
Price could potentially make a bearish continuation towards the 1st support
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: Bullish
Overall momentum of the chart: Bullish
Price could potentially make a bullish continuation towards the pivot and stall around this region
Pivot: 86.67
Supporting reasons: Marked by an overlap resistance that aligns close to a 78.6% Fibonacci projection level, indicating a significant level where selling pressure might intensify.
1st support: 83.52
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, 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 reaction off pivot and drop to 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 context of the overall bullish trend.
1st support: 2212.51
Supporting reasons: Known as Pullback 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 within the bearish movement.
1st resistance: 2400.61
Supporting reasons: While not explicitly stated, this level likely represents a significant barrier based on technical analysis or historical price action that could cap upward movements, highlighting its importance as a critical threshold for the price action.
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