DXY (US Dollar Index):
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Price could potentially make a reaction off the pivot and drop toward the 1st support
Pivot: 105.13
Supporting reasons: Identified as pullback resistance close to 127.2% Fibonacci extension, indicating a potential area where selling interests could pick up to stage a rebound.
1st support: 104.58
Supporting reasons: Identified as pullback support, indicating a potential level where price could find support once more.
1st resistance: 106.13
Supporting reasons: Identified as pullback resistance close to 161.8% Fibonacci extension, indicating a potential area that could halt any further upward movement.
Additionally, bearish divergence indicates a potential downtrend when prices hit a new high, but the oscillator fails to do the same. This suggests that bullish momentum is weakening, and the market may soon shift in favour of the bears.
EUR/USD:
Potential Direction: Bullish
Overall momentum of the chart: Bearish
Price could potentially make a bullish bounce off the pivot and rise toward the 1st resistance
Pivot: 1.0612
Supporting reasons: Identified as pullback support close to 161.8% Fibonacci extension, indicating a potential area where buying pressures could intensify.
1st support: 1.0531
Supporting reasons: Identified as multi-swing low support, indicating a potential level where price could find support once more.
1st resistance: 1.0686
Supporting reasons: Identified as pullback resistance, indicating a potential area that could halt any further upward movement.
Additionally, bullish divergence indicates a potential uptrend when prices hit a new low, but the oscillator fails to do the same. This suggests that bearish momentum is weakening, and the market may soon shift in favour of the bulls.
EUR/JPY:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price could potentially make a bullish bounce off the pivot and rise toward the 1st resistance
Pivot: 163.37
Supporting reasons: Identified as overlap support close to 38.2% Fibonacci retracement, indicating a potential area where buying pressures could intensify.
1st support: 160.87
Supporting reasons: Identified as outback support, indicating a potential level where price could find support once more.
1st resistance: 164.90
Supporting reasons: Identified as pullback resistance, indicating a potential area that could halt any further upward movement.
EUR/GBP:
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Price could potentially make a reaction off the pivot and drop toward the 1st support
Pivot: 0.8303
Supporting reasons: Identified as overlap resistance close to 23.6% Fibonacci retracement, indicating a potential area where selling interests could pick up to stage a rebound.
1st support: 0.8253
Supporting reasons: Identified as multi-swing low support close to 127.2% Fibonacci extension, indicating a potential level where price could find support once more.
1st resistance: 0.8432
Supporting reasons: Identified as overlap resistance close to 50% Fibonacci retracement, indicating a potential area that could halt any further upward movement.
GBP/USD:
Potential Direction: Bullish
Overall momentum of the chart: Bearish
Price could potentially make a bullish bounce off the pivot and rise toward the 1st resistance
Pivot: 1.2852
Supporting reasons: Identified as multi swing low support, indicating a potential area where buying pressures could intensify.
1st support: 1.2784
Supporting reasons: which aligns with the 127.2% Fibonacci extension, indicating a potential level where price could find support once more.
1st resistance: 1.1.2939
Supporting reasons: Identified as pullback resistance, indicating a potential area that could halt any further upward movement.
GBP/JPY:
Potential Direction: Neutral
Overall momentum of the chart: Bullish
Price could fluctuate between the 1st resistance and 1st support level.
1st support: 195.96
Supporting reasons: Identified as an overlap support that aligns with 23.6% Fibonacci retracement, indicating a potential level where price could again find support.
1st resistance: 199.74
Supporting reasons: Identified as multi-swing high resistance, indicating a potential area that could halt any further upward movement.
USD/CHF:
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Price could potentially make a reaction off the pivot and drop toward the 1st support
Pivot: 0.8828
Supporting reasons: Identified as overlap resistance close to 161.8% Fibonacci extension and 78.6% Fibonacci projection, indicating a potential area where selling interests could pick up to stage a rebound.
1st support: 0.8772
Supporting reasons: Identified as pullback support, indicating a potential level where price could find support once more.
1st resistance: 0.8870
Supporting reasons: Identified as overlap resistance, indicating a potential area that could halt any further upward movement.
USD/JPY:
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Price could potentially make a reaction off the pivot and drop toward the 1st support
Pivot: 155.73
Supporting reasons: Identified as overlap resistance close to 161.8% Fibonacci extension, indicating a potential area where selling interests could pick up to stage a rebound.
1st support: 152.47
Supporting reasons: Identified as overlap support, indicating a potential level where price could find support once more.
1st resistance: 159.17
Supporting reasons: Identified as overlap resistance, indicating a potential area that could halt any further upward movement.
USD/CAD:
Potential Direction: Bearish
Overall momentum of the chart: Neutral
Price is rising towards the pivot and could potentially make a bearish reversal off this level to fall toward the 1st support.
Pivot: 1.3953
Supporting reasons: Identified as a multi-swing-high resistance that aligns with a 78.6% Fibonacci projection, indicating a potential area where selling pressures could intensify.
1st support: 1.3861
Supporting reasons: Identified as a swing-low support, indicating a key level where price could find support once more.
1st resistance: 1.4030
Supporting reasons: Identified as a resistance that aligns with a 161.8% Fibonacci extension, indicating a potential area that could halt any further upward movement.
AUD/USD:
Potential Direction: Bullish
Overall momentum of the chart: Bearish
Price is falling towards the pivot and could potentially make a bullish bounce off this level to rise towards the 1st resistance.
Pivot: 0.6542
Supporting reasons: Identified as a swing-low support that aligns with a confluence of Fibonacci levels i.e. the 78.6% retracement and the 127.2% extension, indicating a potential area where buying interests could pick up to stage a minor rebound.
1st support: 0.6476
Supporting reasons: Identified as a swing-low support, suggesting a key support area where price could find support.
1st resistance: 0.6592
Supporting reasons: Identified as a pullback resistance, indicating a potential area that could halt any further upward movement.
NZD/USD
Potential Direction: Bullish
Overall momentum of the chart: Neutral
Price could fall towards the pivot and potentially make a bullish bounce off this level to rise towards the 1st resistance.
Pivot: 0.5932
Supporting reasons: Identified as a swing-low support that aligns close to a 161.8% Fibonacci extension, indicating a potential area where buying interests could pick up to stage a minor rebound.
1st support: 0.5868
Supporting reasons: Identified as a multi-swing-low support, suggesting a key support area where price could find support once again.
1st resistance: 0.6025
Supporting reasons: Identified as an overlap resistance that aligns with a 23.6% Fibonacci retracement, indicating a potential area that could halt any further upward movement.
US30 (DJIA):
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Price is trading close to the pivot and could potentially make a bearish reversal off this level to pull back towards the 1st support.
Pivot: 44,394.13
Supporting reasons: Identified as a resistance that aligns with a 161.8% Fibonacci extension, indicating a potential level where selling pressures could intensify.
1st support: 43,331.19
Supporting reasons: Identified as a pullback support that aligns close to a 38.2% Fibonacci retracement, indicating a potential level where price could find support.
1st resistance: 44,991.75
Supporting reasons: Identified as a resistance that aligns with a 100% Fibonacci projection, indicating a potential area that could halt any further upward movement.
DE40 (DAX):
Potential Direction: Bullish
Overall momentum of the chart: Neutral
Price could fall towards the pivot and potentially make a bullish bounce off this level to rise towards the 1st resistance.
Pivot: 19,198.60
Supporting reasons: Identified as a swing-low support, indicating a potential level where buying interests could pick up to stage a rebound.
1st support: 19,051.38
Supporting reasons: Identified as a multi-swing- support, indicating a key level where price could find support once more.
1st resistance: 19,514.74
Supporting reasons: Identified as a multi-swing-high resistance that aligns with a 78.6% Fibonacci retracement, indicating a potential area that could halt any further upward movement.
US500 (S&P 500):
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Price could rise towards the pivot and potentially make a bearish reversal off this level to pull back towards the 1st support.
Pivot: 6,085.09
Supporting reasons: Identified as a resistance that aligns with a 78.6% Fibonacci projection, indicating a potential level where selling pressures could intensify.
1st support: 5,923.10
Supporting reasons: Identified as a pullback support, indicating a potential level where price could find support.
1st resistance: 6,191.89
Supporting reasons: Identified as a resistance that aligns with a 100% Fibonacci projection, indicating a potential area that could halt any further upward movement.
BTC/USD (Bitcoin):
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Price is trading close to the pivot and could potentially make a bearish reversal off this level to pull back towards the 1st support.
Pivot: 89,339.28
Supporting reasons: Identified as a resistance that aligns with a 161.8% Fibonacci extension, indicating a potential level where selling pressures could intensify.
1st support: 73,843.41
Supporting reasons: Identified as a pullback support, indicating a potential level where price could find support.
1st resistance: 94,662.33
Supporting reasons: Identified as a resistance that aligns with a 78.6% Fibonacci projection, indicating a potential area that could halt any further upward movement.
ETH/USD (Ethereum):
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Price has made a bearish reversal off the pivot and could pull back towards the 1st support.
Pivot: 3,377.15
Supporting reasons: Identified as an overlap resistance, indicating a potential level where selling pressures could intensify.
1st support: 3,114.08
Supporting reasons: Identified as a pullback support that aligns close to 23.6% Fibonacci retracement, indicating a potential level where price could find support once again.
1st resistance: 3,540.71
Supporting reasons: Identified as a swing-high resistance, indicating a potential area that could halt any further upward movement.
WTI/USD (Oil):
Potential Direction: Bullish
Overall momentum of the chart: Bearish
Price is falling towards the pivot and could potentially make a bullish bounce off this level to rise towards the 1st resistance.
Pivot: 67.68
Supporting reasons: Identified as a multi-swing-low support, indicating a potential area where buying interests could pick up to stage a minor rebound.
1st support: 66.04
Supporting reasons: Identified as a swing-low support that aligns close to a 127.2% Fibonacci extension, indicating a key level where price could find support once more.
1st resistance: 70.38
Supporting reasons: Identified as a pullback resistance, indicating a potential area that could halt any further upward movement.
XAU/USD (GOLD):
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Price could potentially make a reaction off the pivot and drop toward the 1st support
Pivot: 2642.39
Supporting reasons: Identified as pullback resistance, indicating a potential area where selling interests could pick up to stage a rebound.
1st support: 2600.38
Supporting reasons: Identified as pullback support close to 161.8% Fibonacci extension and 38.2% Fibonacci retracement, indicating a potential level where price could find support once more.
1st resistance: 2685.18
Supporting reasons: Identified as pullback resistance, indicating a potential area that could halt any further upward movement.
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