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: 105.41
Supporting reasons: An Overlap resistance, indicating a significant level where selling pressure might intensify.
1st support: 104.88
Supporting reasons: Swing low support, suggesting a level where buyers might step in to support the price.
1st resistance: 105.93
Supporting reasons: An Overlap resistance, representing 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: Bullish
Price could potentially make a bearish reaction off pivot and drop to 1st support.
Pivot: 1.0808
Supporting reasons: An Overlap resistance, indicating a significant level where selling pressure might intensify.
1st support: 1.0727
Supporting reasons: An Overlap support, suggesting a level where buyers might step in to support the price.
1st resistance: 1.0861
Supporting reasons: An Overlap resistance, representing a level where selling pressure might increase, potentially acting as a barrier to further upside movement, further supported by the 78.60% Fibonacci Projection.
EUR/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: 169.41
Supporting reasons: The pivot level coincides with a significant swing high resistance, indicating a level where selling pressure might intensify.
1st support: 167.35
Supporting reasons: This level is marked by an overlap support, suggesting it as a potential area where buyers could step in to support the price.
1st resistance: 171.58
Supporting reasons: A swing high resistance is observed at this level, indicating a point where selling pressure might increase. Additionally, this resistance level is further supported by the bullish momentum of the chart.
EUR/GBP:
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: 0.8581
Supporting reasons: The pivot level aligns with a significant pullback support, coinciding with the 38.20% Fibonacci Retracement level.
1st support: 0.8564
Supporting reasons: This level is marked by an overlap support and also corresponds to the 61.80% Fibonacci Retracement level, indicating a strong area of potential buying interest.
1st resistance: 0.6813
Supporting reasons: A multi-swing high resistance is observed at this level, suggesting it as a significant barrier for further upside movement.
GBP/USD:
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Factors contributing to the momentum: The price is currently facing resistance from an overlap resistance level and the 61.80% Fibonacci Retracement level, indicating potential selling pressure.
Price could potentially make a bearish reaction off the pivot and drop to the 1st support.
Pivot: 1.2565
Supporting reasons: The pivot level coincides with an overlap resistance and the 61.80% Fibonacci Retracement level, suggesting a strong area of resistance.
1st support: 1.2473
Supporting reasons: This level is characterized by multi-swing low support, indicating a significant level where buying interest may emerge.
1st resistance: 1.2633
Supporting reasons: A swing high resistance is observed at this level, suggesting it as a significant barrier for further upside movement.
GBP/JPY:
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Price could potentially make a bearish reaction off the pivot and drop to the 1st support.
Pivot: 197.45
Supporting reasons: The pivot level aligns with a swing high resistance and the 61.80% Fibonacci Retracement level, indicating a strong area of resistance.
1st support: 193.49
Supporting reasons: This level is characterized by an overlap support, suggesting a significant level where buying interest may emerge.
1st resistance: 200.64
Supporting reasons: A swing high resistance is observed at this level, suggesting it as a significant barrier for further upside movement.
USD/CHF:
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: 0.9097
Supporting reasons: The pivot level coincides with an overlap resistance and the 38.20% Fibonacci Retracement level, indicating a strong area of resistance.
1st support: 0.9019
Supporting reasons: This level is characterized by multiple swing lows, suggesting a significant level where buying interest may emerge.
1st resistance: 0.9152
Supporting reasons: A pullback resistance is observed at this level, indicating a potential barrier for further upside movement.
USD/JPY:
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Price could potentially make a bearish reaction off the pivot and drop to the 1st support.
Pivot: 156.47
Supporting reasons: The pivot level aligns with a pullback resistance at the 78.60% Fibonacci Retracement, suggesting a strong area of resistance.
1st support: 153.37
Supporting reasons: This level is characterized by an overlap support, indicating a significant level where buying interest may emerge.
1st resistance: 158.40
Supporting reasons: A swing high resistance is observed at this level, suggesting a potential barrier for further upside movement.
USD/CAD:
Potential Direction: Bullish
Overall momentum of the chart: Neutral
Price could make a bullish reaction through the pivot and potentially rise towards the 1st resistance.
Pivot: 1.3687
Supporting reasons: Acts as a potential breakout level where the bullish momentum could drive price higher.
1st support: 1.3628
Supporting reasons: Identified as an overlap support that aligns close to a 61.8% Fibonacci retracement level, suggesting an area where price has found strong buying interests in the past to potentially halt any further downward movement.
1st resistance: 1.3732
Supporting reasons: Identified as a pullback resistance that aligns with a 78.6% Fibonacci retracement level, marking a significant barrier that could cap further upward movements.
AUD/USD:
Potential Direction: Bearish
Overall momentum of the chart: Neutral
Price could rise towards the pivot and potentially make a bearish reaction off this level to drop towards the 1st support.
Pivot: 0.6624
Supporting reasons: Acts as a pullback resistance, suggesting an area where selling pressures have intensified recently.
1st support: 0.6562
Supporting reasons: Acts as a pullback support that aligns with a 50% Fibonacci retracement level, suggesting a significant area where price has found strong support in the past to provide a basis to halt further downward movement.
1st resistance: 0.6639
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 rise towards the pivot and potentially make a bearish reaction off this level to drop towards the 1st support.
Pivot: 0.6037
Supporting reasons: Acts as a pullback resistance, suggesting an area where selling pressures have intensified recently.
1st support: 0.5982
Supporting reasons: Acts as an overlap support that aligns with a 38.2% Fibonacci retracement level, suggesting a potential area where price has found strong support in the past to provide a basis to halt further downward movement.
1st resistance: 0.6073
Supporting reasons: Identified as a swing-high resistance, marking a barrier that has previously capped upward movements.
US30 (DJIA):
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price is trading close to the pivot and could potentially make a bullish reaction off this level to rise towards the 1st resistance.
Pivot: 39,412.72
Supporting reasons: Identified as an overlap support where price could stage a rebound to climb higher.
1st support: 39,045.82
Supporting reasons: Identified as an overlap support, suggesting a significant area where price could find strong buying interest to could provide a solid foundation to halt further downward movement.
1st resistance: 39,993.29
Supporting reasons: Identified as a swing-high resistance that aligns close to the all-time high, indicating a potential barrier that could cap any upward movements.
DE40 (DAX):
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price could fall towards the pivot and potentially make a bullish reaction off this level to rise towards the 1st resistance.
Pivot: 18,545.10
Supporting reasons: Identified as a pull back support that aligns close to a 23.6% Fibonacci retracement level, suggesting a significant area where buying interests could pick up.
1st support: 18,324.11
Supporting reasons: Acts as a pullback support that aligns close to a 50% Fibonacci retracement level, suggesting an area where buying interests could pick up to halt further downward movement.
1st resistance: 18,848.30
Supporting reasons: Identified as a resistance that aligns close to 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: Bullish
Price is trading close to the pivot and could potentially make a bullish reaction off this level to rise towards the 1st resistance.
Pivot: 5,203.86
Supporting reasons: Identified as an overlap support where price could stage a rebound to climb higher.
1st support: 5,167.12
Supporting reasons: Acts as an overlap support, suggesting a significant area where price could find strong buying interest to could provide a solid foundation to halt further downward movement.
1st resistance: 5,278.56
Supporting reasons: Acts as a pullback resistance that aligns close to the all-time high, suggesting a significant area where selling pressures could intensify.
BTC/USD (Bitcoin):
Potential Direction: Bearish
Overall momentum of the chart: Neutral
Price has made a bearish reaction off the pivot and could potentially drop towards the 1st support.
Pivot: 63,223.31
Supporting reasons: Identified as an overlap support that aligns close to a 61.8% Fibonacci retracement level, suggesting an area where selling pressures have intensified recently.
1st support: 60,593.34
Supporting reasons: Acts as a pullback support that aligns close to a 61.8% Fibonacci retracement level, suggesting an area where buying interests could pick up to halt further downward movements.
1st resistance: 65,521.94
Supporting reasons: Marked by a swing-high 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 fall towards the pivot and potentially make a bullish reaction off this level to rise towards the 1st resistance.
Pivot: 2,863.34
Supporting reasons: Acts as a pullback support, suggesting a significant area where buying interests have increased in the past.
1st support: 2,685.96
Supporting reasons: Identified as an overlap support, suggesting a significant area which could provide a strong foundation to halt further downward movements.
1st resistance: 3,048.22
Supporting reasons: Identified as an overlap resistance that aligns with a 50% Fibonacci retracement level, marking a significant barrier that could cap further upward movements.
WTI/USD (Oil):
Potential Direction: Bearish
Overall momentum of the chart: Neutral
Price could rise towards the pivot and potentially make a bearish reaction off this level to drop towards the 1st support.
Pivot: 80.10
Supporting reasons: Acts as a pullback support that aligns with a 38.2% Fibonacci retracement level, suggesting a significant area where selling pressures have increased recently.
1st support: 77.65
Supporting reasons: Identified as a pullback support, suggesting a significant area where price has previously found strong buying interest recently and could provide a solid foundation to halt further downward movements.
1st resistance: 81.81
Supporting reasons: Identified as an overlap resistance that aligns close to a 61.8% Fibonacci retracement level, marking a significant barrier that could cap further upward movements.
XAU/USD (GOLD):
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: 2327.00
Supporting reasons: The pivot level coincides with a pullback support at the 50% Fibonacci Retracement, indicating a strong area of potential buying interest.
1st support: 2308.23
Supporting reasons: An overlap support is observed at this level, suggesting a significant area where buyers may enter the market.
1st resistance: 2360.00
Supporting reasons: This level represents a pullback resistance, indicating a potential barrier for further upward movement.
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