DXY (US Dollar Index):
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Factors contributing to the momentum is that the price is in a bullish ascending channel.
Price could potentially make a bullish bounce off pivot and head towards 1st resistance.
Pivot: 105.92
Supporting reasons: Pullback support at the 61.80% Fibonacci Retracement level, indicating a significant level where buyers might step in to support the price, potentially providing a foundation for a bounce or continuation of the bullish momentum.
1st support: 104.07
Supporting reasons: Multi-swing low support, representing a level where buyers have previously intervened to support the price, potentially acting as a foundation for further upward movement.
1st resistance: 106.37
Supporting reasons: Multi-swing high resistance, indicating a level where selling pressure might increase, potentially acting as a barrier to further upside movement.
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EUR/USD:
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Factors contributing to the momentum is that the price is below a major descending trend line, suggesting that bearish momentum is on the cards.
Price could potentially make a bearish continuation towards 1st support.
PIvot: 1.0737
Supporting reasons: An Overlap resistance combined with the 50% Fibonacci Retracement level, indicating a significant level where selling pressure might intensify, potentially leading to a continuation of the bearish movement.
1st support: 1.0601
Supporting reasons: Swing low support, representing a level where buyers have previously intervened to support the price, potentially acting as a foundation for a temporary halt or bounce in the downward movement.
1st resistance: 1.0859
Supporting reasons: Multi-swing high resistance, indicating a level where selling pressure might increase, potentially acting as a barrier to further upside movement.
EUR/JPY:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Factors contributing to the momentum are that the price is above a major ascending trend line, suggesting further bullish momentum is on the cards.
Price could potentially make a bullish bounce off pivot and head towards 1st resistance.
Pivot: 169.44
Supporting reasons: Pullback support, indicating a level where buying pressure might increase, potentially providing support for a bounce or continuation of the bullish trend.
1st support: 165.18
Supporting reasons: Pullback support, representing a level where buyers have previously intervened to support the price, potentially acting as a foundation for further upward movement.
1st resistance: 174.67
Supporting reasons: Swing high resistance combined with the 161.80% Fibonacci Extension, suggesting a level where selling pressure might intensify, potentially acting as a barrier to further upside movement.
EUR/GBP:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price could potentially make a bullish bounce off pivot and head towards 1st resistance.
Pivot: 0.8532
Supporting reasons: Multi-swing low support, indicating a level where buyers have previously intervened to support the price, potentially providing a foundation for a bounce or continuation of the bullish momentum.
1st support: 0.8502
Supporting reasons: Multi-swing low support, suggesting a level where buyers might step in again to support the price, potentially acting as a foundation for further upward movement.
1st resistance: 0.8582
Supporting reasons: Pullback resistance, representing a level where selling pressure might increase, potentially acting as a barrier to further upside movement.
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: 1.2527
Supporting reasons: An Overlap resistance combined with the 61.80% Fibonacci Retracement, indicating a significant level where selling pressure might intensify, potentially leading to a reversal or continuation of the bearish momentum.
1st support: 1.2300
Supporting reasons: Swing low support, representing a level where buyers have previously intervened to support the price, potentially acting as a foundation for a bounce or temporary halt in the downward movement.
1st resistance: 1.2708
Supporting reasons: An Overlap resistance, suggesting a level where selling pressure might increase, potentially acting as a barrier to further upside movement.
GBP/JPY:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price could potentially make a bullish bounce off pivot and head towards 1st resistance.
PIvot: 197.82
Supporting reasons: Pullback support, suggesting a level where buyers might step in to support the price, potentially providing a foundation for a bounce or continuation of the bullish momentum.
1st support: 193.38
Supporting reasons: Pullback support, representing a level where buyers have previously intervened to support the price, potentially acting as a foundation for further upward movement.
1st resistance: 204.50
Supporting reasons: 78.60% Fibonacci Projection, indicating a significant level where selling pressure might intensify, potentially acting as a barrier to further upside movement.
USD/CHF:
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Price could potentially make a bearish reaction off pivot and drop to 1st support.
Pivot: 0.9152
Supporting reasons: Multi-swing high resistance, indicating a significant level where selling pressure might intensify, potentially leading to a reversal or temporary halt in the bullish momentum.
1st support: 0.8896
Supporting reasons: Pullback support, suggesting a level where buyers might step in to support the price, potentially providing a foundation for a bounce or temporary halt in the bullish momentum.
1st resistance: 0.9242
Supporting reasons: Swing high resistance, representing a level where selling pressure might increase, potentially acting as a barrier to further upside movement within the context of the overall bullish trend.
USD/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: 160.19
Supporting reasons: Swing high resistance combined with the 161.80% Fibonacci Extension, indicating a significant level where selling pressure might intensify, potentially leading to a reversal or temporary halt in the bullish momentum.
1st support: 151.94
Supporting reasons: Pullback support, representing a level where buyers might step in to support the price, potentially providing a foundation for a bounce or temporary halt in the bullish momentum.
1st resistance: 164.36
Supporting reasons: Swing high resistance, acting as a barrier to further upside movement within the context of the overall bullish trend.
USD/CAD:
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: 1.3609
Supporting reasons: Acts as a pullback support that aligns close to a 61.8% Fibonacci retracement level, suggesting a significant area where price could find a solid foundation for potential price stabilization or a rebound.
1st support: 1.3525
Supporting reasons: Identified as a pullback support, suggesting an area where price has previously found strong buying interest to potentially halt any further downward movement.
1st resistance: 1.3703
Supporting reasons: Identified as a pullback resistance that aligns close to a 38.2% Fibonacci retracement level, marking a significant barrier that could cap further upward movements.
AUD/USD:
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Price could make a bearish reaction off the pivot and potentially drop toward the 1st support
Pivot: 0.6550
Supporting reasons: Acts an overlap resistance that aligns close to a 61.8% Fibonacci retracement level where price has previously seen strong selling pressures.
1st support: 0.6442
Supporting reasons: Acts as an overlap support, suggesting a significant area where price has previously found strong support and could provide a basis to halt further downward movement.
1st resistance: 0.6628
Supporting reasons: Identified as a pullback resistance, marking a barrier that has previously capped upward movements.
NZD/USD
Potential Direction: Bearish
Overall momentum of the chart: Neutral
Price could make a bearish reaction off the pivot and potentially drop toward the 1st support
Pivot: 0.5974
Supporting reasons: Acts an overlap resistance that aligns close to a 50% Fibonacci retracement level where price could potential stall before reversing to drop lower.
1st support: 0.5870
Supporting reasons: Acts as a pullback support, suggesting a potential area where price has previously found strong support and could provide a basis to halt further downward movement.
1st resistance: 0.6059
Supporting reasons: Identified as a pullback resistance, marking a barrier that has previously capped 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: 37,727.16
Supporting reasons: Acts as a pullback support, suggesting a significant area where buying interests have increased recently.
1st support: 37,093.10
Supporting reasons: Identified as a pullback 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: 39,034.98
Supporting reasons: Identified as a pullback resistance that aligns with a 61.8 Fibonacci retracement level, indicating a potential barrier that could cap any upward movements.
DE40 (DAX):
Potential Direction: Bearish
Overall momentum of the chart: Neutral
Price could rise towards the pivot and could potentially make a bearish reaction to drop towards the 1st support
Pivot: 18,301.50
Supporting reasons: Acts as a pullback support that aligns with a 78.6% Fibonacci retracement level, suggesting a significant area where buying interests have increased recently.
1st support: 17,680.80
Supporting reasons: Acts as a pullback support that aligns with a 61.8% 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: 18,534.90
Supporting reasons: Identified as a pullback resistance at the all-time high, potentially functioning as a barrier that could cap any upward movements.
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: 4,956.50
Supporting reasons: Acts as a pullback support, suggesting a significant area where buying interests have increased recently.
1st support: 4,847.20
Supporting reasons: Acts as a pullback support that aligns close to a 38.2% Fibonacci retracement level, suggesting a significant area where price has previously found strong buying interest and could provide a solid foundation for a rebound.
1st resistance: 5,223.68
Supporting reasons: Marked by a pullback resistance that aligns with a 78.6% Fibonacci retracement level, which could function as a potential barrier and cap any upward movements.
BTC/USD (Bitcoin):
Potential Direction: Bearish
Overall momentum of the chart: Neutral
Price has made a bearish reaction through the pivot and could potentially drop towards the 1st support
Pivot: 63,619.63
Supporting reasons: Previously functioned as a an overlap support that aligns with a 50% Fibonacci retracement level, suggesting a significant area where buying interests have increased recently.
1st support: 61,279.08
Supporting reasons: Acts as a pullback support, suggesting a significant area where price has previously found support and could provide a strong foundation to halt further downward movements.
1st resistance: 66,857.22
Supporting reasons: Marked by a pullback resistance that aligns close to a 61.8% Fibonacci retracement level, indicating a significant barrier that could cap further upward movements.
ETH/USD (Ethereum):
Potential Direction: Bullish
Overall momentum of the chart: Neutral
Price has made a bullish reaction off the pivot and could rise towards the 1st resistance
Pivot: 3,106.80
Supporting reasons: Acts as an overlap support that aligns with a 38.2% Fibonacci retracement level, suggesting a significant area where buying interests have increased recently.
1st support: 2,989.64
Supporting reasons: Identified as an overlap support, suggesting a significant area where price has previously found support and could provide a strong foundation to halt further downward movements.
1st resistance: 3,394.19
Supporting reasons: Identified as a pullback resistance that aligns with a 61.8% Fibonacci retracement level, marking a significant barrier that could cap further upward movements.
WTI/USD (Oil):
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: 83.02
Supporting reasons: Acts as a pullback support, suggesting a significant area where price has previously found support to provide a strong foundation for a potential rebound.
1st support: 81.86
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 movements.
1st resistance: 85.42
Supporting reasons: Identified as a pullback resistance that aligns with a 61.8% 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 reaction off pivot and drop to 1st support.
PIvot: 2343.07
Supporting reasons: An Overlap resistance combined with the 38.20% Fibonacci Retracement, suggesting a significant level where selling pressure might intensify, potentially leading to a reversal or temporary halt in the bullish momentum.
1st support: 2194.05
Supporting reasons: Swing low support, representing a level where buyers might step in to support the price. The support is reinforced by the presence of the 50% and 78.60% Fibonacci Retracement levels, indicating Fibonacci confluence and adding strength to this support level.
1st resistance: 2393.12
Supporting reasons: Multi-swing high resistance, acting as a barrier to further upside movement within the context of the overall bullish trend.
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