DXY (US Dollar Index):
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Factors contributing to the momentum is that price is: In a bearish descending channel
Price could potentially make a: Bearish reaction off pivot and drop to 1st support
Pivot: 104.97
Supporting reasons: Identified as a pullback resistance, with confluence from the 38.20% Fibonacci Retracement, suggesting a level where selling pressure may intensify, potentially leading to a bearish reaction.
1st support: 104.09
Supporting reasons: Recognized as an overlap support, indicating a historical level where buying interest has emerged, potentially acting as a support for downward movement.
1st resistance: 105.57
Supporting reasons: Noted as an overlap resistance with confluence from the 61.80% Fibonacci Retracement, suggesting a significant area where selling pressure may be present, potentially hindering further upward movement.
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EUR/USD:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price could potentially make a: Bullish bounce off pivot and heads toward 1st resistance
Pivot: 1.0860
Supporting reasons: Identified as an overlap support, indicating a historical level where buying interest has emerged, potentially acting as a pivot for bullish movement.
1st support: 1.0770
Supporting reasons: Recognized as an overlap support, suggesting another historical level where buying interest may emerge, potentially providing additional support for upward movement.
1st resistance: 1.0949
Supporting reasons: Noted as a multi-swing high resistance, indicating a significant historical level where selling pressure may be present, potentially hindering further upward movement. However, in this case, the momentum appears bullish, suggesting a potential breakthrough.
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: 169.47
Supporting reasons: Identified as a pivot with confluence from the swing high resistance and the 61.80% Fibonacci Projection, suggesting a significant area where selling pressure may intensify, potentially leading to a bearish reaction.
1st support: 165.33
Supporting reasons: Recognized as a pullback support, indicating a level where buying interest may emerge, potentially acting as a support for downward movement.
1st resistance: 171.66
Supporting reasons: Noted as a swing high resistance with confluence from the 78.60% Fibonacci Projection, indicating a significant historical level where selling pressure may be present, potentially hindering further upward movement.
EUR/GBP:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price could potentially make a: Bullish bounce off pivot and heads towards 1st resistance
Pivot: 0.8532
Supporting reasons: Identified as a multi-swing low support, suggesting a historical level where buying interest has emerged, potentially acting as a pivot for bullish movement.
1st support: 0.8502
Supporting reasons: Recognized as a multi-swing low support with confluence from the 127.20% Fibonacci Extension, indicating a significant area where buying pressure may intensify, potentially providing additional support for upward movement.
1st resistance: 0.8581
Supporting reasons: Noted as a pullback resistance, suggesting a level where selling pressure may intensify, potentially hindering further upward movement.
GBP/USD:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Factors contributing to the momentum is that price is: In a bullish ascending channel
Price could potentially make a: Bullish bounce off pivot and heads towards 1st resistance
Pivot: 1.2677
Supporting reasons: Identified as a pullback support, suggesting a level where buying interest may emerge, potentially acting as a pivot for bullish movement.
1st support: 1.2561
Supporting reasons: Recognized as a pullback support, indicating another level where buying interest may emerge, potentially providing additional support for upward movement.
1st resistance: 1.2786
Supporting reasons: Noted as a pullback resistance with confluence from the 78.60% Fibonacci Retracement, suggesting a significant area where selling pressure may intensify, potentially hindering further upward movement.
GBP/JPY:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Factors contributing to the momentum is that price is: Above the bullish Ichimoku cloud
Price could potentially make a: Bullish breakthrough of pivot and rise to 1st resistance
Pivot: 198.03
Supporting reasons: Identified as a pivot with confluence from the swing high resistance, indicating a significant area where buying pressure may intensify, potentially leading to a bullish breakthrough.
1st support: 193.43
Supporting reasons: Recognized as an overlap support, suggesting a historical level where buying interest has emerged, potentially acting as a support for upward movement.
1st resistance: 203.01
Supporting reasons: Noted as a significant resistance level with confluence from the 127.20% Fibonacci Extension, suggesting a potential target for bullish movement.
USD/CHF:
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Price could potentially make a: Bearish reaction off pivot and drop to 1st support
Pivot: 0.9098
Supporting reasons: Identified as an overlap resistance with confluence from the 50% Fibonacci Retracement, suggesting a significant area where selling pressure may intensify, potentially leading to a bearish reaction.
1st support: 0.8994
Supporting reasons: Recognized as an overlap support, indicating a historical level where buying interest has emerged, potentially acting as a support for downward movement.
1st resistance: 0.9193
Supporting reasons: Noted as a swing high resistance, indicating a significant historical level where selling pressure may be present, potentially hindering further upward movement.
USD/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: 156.42
Supporting reasons: Identified as a pivot with confluence from the swing high resistance, indicating a significant area where selling pressure may intensify, potentially leading to a bearish reaction.
1st support: 152.91
Supporting reasons: Recognized as a swing low support, suggesting a historical level where buying interest has emerged, potentially acting as a support for downward movement.
1st resistance: 158.29
Supporting reasons: Noted as a swing high resistance with confluence from the 78.60% Fibonacci Retracement, indicating a significant historical level where selling pressure may be present, potentially hindering further upward movement.
USD/CAD:
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Price could rise towards the pivot and potentially make a bearish reaction off this level to resume the downtrend and drop towards the 1st support.
Pivot: 1.3650
Supporting reasons: Identified as an overlap resistance, suggesting a significant area where price could stall and reverse to resume the downtrend.
1st support: 1.3519
Supporting reasons: Identified as a pullback support that aligns close to a 50% 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: 1.3725
Supporting reasons: Identified as a pullback resistance that aligns close to a 50% 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 is rising towards the pivot and could potentially make a bearish reaction off this level to drop towards the 1st support.
Pivot: 0.6721
Supporting reasons: Acts as an overlap resistance that aligns with a 127.2% Fibonacci extension level, suggesting an area where selling pressures could intensify.
1st support: 0.6640
Supporting reasons: Acts as a pullback support that aligns with a 23.6% Fibonacci retracement level, suggesting a significant area where price has found strong support recently to provide a basis to halt further downward movement.
1st resistance: 0.6762
Supporting reasons: Identified as an overlap resistance that aligns with a 78.6% Fibonacci retracement level, marking a barrier that has previously capped upward movements.
NZD/USD
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Price is rising towards the pivot and could potentially make a bearish reaction off this level to drop towards the 1st support.
Pivot: 0.6176
Supporting reasons: Acts as a pullback resistance that aligns with a 61.8% Fibonacci retracement level, suggesting an area where selling pressures have intensified in the past.
1st support: 0.6081
Supporting reasons: Acts as an overlap support, suggesting a potential area where price could find strong support to halt further downward movement.
1st resistance: 0.6247
Supporting reasons: Identified as an overlap resistance that aligns close to a 78.6% Fibonacci retracement level, marking a barrier that has previously capped upward movements.
US30 (DJIA):
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price could make a bullish reaction off the pivot to extend the uptrend momentum and rise towards the 1st resistance.
Pivot: 39,993.29
Supporting reasons: Identified as a breakout level where the bullish momentum could potentially cause prices to break above this level and climb higher.
1st support: 39,427.69
Supporting reasons: Identified as an overlap support, suggesting a significant area where price could find strong buying interests to provide a solid foundation to halt further downward movement.
1st resistance: 40,801.76
Supporting reasons: Identified as a resistance that aligns with a 127.2% Fibonacci extension level, indicating a potential barrier that could cap any upward movements.
DE40 (DAX):
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Price is rising towards the pivot and could potentially make a bearish reaction off this level to pull back towards the 1st support.
Pivot: 18,894.50
Supporting reasons: Identified as a pullback resistance that aligns with a 127.2% Fibonacci extension level, suggesting an area where selling pressures could intensify.
1st support: 18,528.90
Supporting reasons: Acts as a pullback support that aligns with a 23.6% Fibonacci retracement level, suggesting an area where buying interests could pick up to halt further downward movement.
1st resistance: 19,297.10
Supporting reasons: Identified as a resistance that aligns with a 161.8% Fibonacci extension level, potentially functioning as a barrier that could cap any upward movements.
US500 (S&P 500):
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Price is rising towards the pivot and could potentially make a bearish reaction off this level to pull back towards the 1st support.
Pivot: 5,381.03
Supporting reasons: Identified as a resistance that aligns with a 127.2% Fibonacci extension level; suggesting an area where selling pressures could intensify.
1st support: 5,263.47
Supporting reasons: Acts as a pullback support, suggesting a significant area where price could find strong buying interest to provide a solid foundation to halt further downward movement.
1st resistance: 5,504.20
Supporting reasons: Acts as a resistance that aligns with a 161.8% Fibonacci extension level, suggesting a significant area where selling pressures could intensify.
BTC/USD (Bitcoin):
Potential Direction: Bearish
Overall momentum of the chart: Neutral
Price is trading close to the pivot and could potentially make a bearish reaction off this level to drop towards the 1st support.
Pivot: 66,909.10
Supporting reasons: Identified as an overlap resistance that aligns with a 61.8% Fibonacci retracement level, suggesting an area where selling pressures have intensified in the past.
1st support: 60,784.45
Supporting reasons: Acts as a pullback support, suggesting an area where buying interests could pick up to halt further downward movements.
1st resistance: 71,810.70
Supporting reasons: Marked by a pullback resistance that aligns close to a 78.6% Fibonacci retracement level, indicating a significant barrier that could cap further upward movements.
ETH/USD (Ethereum):
Potential Direction: Bearish
Overall momentum of the chart: Neutral
Price is trading close to the pivot and could potentially make a bearish reaction off this level to drop towards the 1st support.
Pivot: 3,135.34
Supporting reasons: Identified as a pullback resistance, suggesting an area where selling pressures have intensified in the past.
1st support: 2,863.34
Supporting reasons: Identified as a pullback support, suggesting a significant area which could provide a strong foundation to halt further downward movements.
1st resistance: 3,283.31
Supporting reasons: Identified as an overlap resistance that aligns with a 38.2% 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 is rising towards the pivot and could potentially make a bearish reaction off this level to drop towards the 1st support.
Pivot: 81.38
Supporting reasons: Acts as a pullback resistance that aligns close to a 38.2% Fibonacci retracement level, suggesting a significant area where selling pressures could intensify. The presence of a descending trendline also adds further significance to a major resistance zone.
1st support: 77.88
Supporting reasons: Identified 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 recently and could provide a solid foundation to halt further downward movements.
1st resistance: 84.38
Supporting reasons: Identified as a pullback 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
Factors contributing to the momentum is that price is: Above the bullish Ichimoku cloud
Price could potentially make a: Bullish bounce off pivot and heads towards 1st resistance
Pivot: 2396.50
Supporting reasons: Identified as a pullback support, suggesting a level where buying interest may emerge, potentially acting as a pivot for bullish movement.
1st support: 2338.16
Supporting reasons: Recognized as an overlap support, indicating a historical level where buying interest has emerged, potentially providing additional support for upward movement.
1st resistance: 2474.00
Supporting reasons: Noted as a significant resistance level with confluence from the 127.20% Fibonacci Extension, suggesting a potential target for bullish movement.
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