DXY (US Dollar Index):

Potential Direction: Bearish
Overall momentum of the chart: Bullish

Price could potentially make a: Bearish reaction off pivot and drop to 1st support.

Pivot: 2583.95
Supporting reasons: 61.80% Fibonacci Projection, indicating this level might act as resistance if the price retraces.

1st support: 2531.45
Supporting reasons: Pullback support, suggesting this level could hold as support if the price drops.

1st resistance: 2613.19
Supporting reasons: 78.60% Fibonacci Projection, indicating potential resistance if the price rises further.

EUR/USD:

Potential Direction: Bearish
Overall momentum of the chart: Bullish

Price could potentially make a: Bearish continuation towards 1st support.

Pivot: 1.1136
Supporting reasons: An Overlap resistance, suggesting it could act as a resistance level if the price retraces.

1st support: 1.1071
Supporting reasons: An Overlap support with 50% Fibonacci Retracement, indicating this level could hold as support if the price moves lower.

1st resistance: 1.1183
Supporting reasons: Swing high resistance, which may act as a barrier to upward movement if the price rises.

EUR/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: 157.54
Supporting reasons: Pullback support, suggesting it may hold if the price retraces.

1st support: 155.45
Supporting reasons: Swing low support, providing a potential base if the price drops.

1st resistance: 159.96
Supporting reasons: Pullback resistance with 61.80% Fibonacci Retracement, indicating it could be a significant level of resistance.

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: 0.8454
Supporting reasons: An overlap resistance combined with the 23.60% Fibonacci Retracement, suggesting it could act as a strong resistance level.

1st support: 0.8400
Supporting reasons: Swing low support, which may provide a base if the price declines.

1st resistance: 0.8507
Supporting reasons: Pullback resistance with 50% Fibonacci Retracement, indicating potential resistance if the price rises.

GBP/USD:

Potential Direction: Bearish
Overall momentum of the chart: Bearish

Price could potentially make a: Bearish continuation towards 1st support.

Pivot: 1.3182
Supporting reasons: An overlap resistance combined with the 61.80% Fibonacci Projection, suggesting it may act as a strong resistance level.

1st support: 1.3104
Supporting reasons: An overlap support with 50% Fibonacci Retracement, which could serve as a key level for price to potentially find support.

1st resistance: 1.3303
Supporting reasons: 127.20% Fibonacci Extension, indicating a possible resistance level if the price rises.

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: 186.60
Supporting reasons: An overlap support, suggesting a potential level for price to bounce off.

1st support: 183.74
Supporting reasons: Swing low support, which may act as a key level where the price could potentially find support if it moves lower.

1st resistance: 189.28
Supporting reasons: An overlap resistance combined with the 61.80% Fibonacci Retracement, indicating a possible level where the price might encounter resistance if it moves higher.

USD/CHF:

Potential Direction: Bullish
Overall momentum of the chart: Bullish

Price could potentially make a: Bullish continuation towards 1st resistance.

Pivot: 0.8429
Supporting reasons: Swing low support, indicating a level where the price might find support and possibly bounce.

1st support: 0.8375
Supporting reasons: Swing low support, which could act as an additional support level if the price drops further.

1st resistance: 0.8499
Supporting reasons: An overlap resistance, combined with 61.80% Fibonacci Retracement and 61.80% Fibonacci Projection, indicating a strong confluence of resistance levels where the price might encounter selling pressure.

USD/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: 141.01
Supporting reasons: Pullback support, which suggests the price might find support here and potentially reverse to the upside.

1st support: 139.56
Supporting reasons: Swing low support, providing a level where the price might find further support if it drops below the pivot.

1st resistance: 143.70
Supporting reasons: An overlap resistance level, with additional resistance from the 50% Fibonacci Retracement, indicating a strong area where the price could face resistance.

USD/CAD:

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: 1.3549
Supporting reasons: Identified as an overlap support that aligns with a 38.2% Fibonacci retracement, suggesting a potential area where buying interests could pick up to stage a minor rebound.

1st support: 1.3492
Supporting reasons: Identified as a swing-low support that aligns close to a 61.8% Fibonacci retracement, indicating a key level where price has found strong support in the past.

1st resistance: 1.3615
Supporting reasons: Identified as an overlap resistance that aligns close to a 38.2% Fibonacci retracement, indicating a potential area that could halt any further upward movement.

AUD/USD:

Potential Direction: Bearish
Overall momentum of the chart: Neutral

Price could rise towards the pivot and potentially reverse off this level to drop towards the 1st support.

Pivot: 0.6813
Supporting reasons: Identified as a swing-high resistance, suggesting a potential level where selling interests could intensify.

1st support: 0.6685
Supporting reasons: Identified as an overlap support, indicating a key level where price has recently found support.

1st resistance: 0.6859
Supporting reasons: Identified as a swing-high resistance that aligns close to a 127.2% Fibonacci extension, indicating a potential area that could halt any further upward movement.

NZD/USD

Potential Direction: Bearish
Overall momentum of the chart: Neutral

Price could rise towards the pivot and potentially reverse off this level to drop towards the 1st support.

Pivot: 0.6236

Supporting reasons: Identified as an overlap resistance that aligns close to a 61.8% Fibonacci retracement, suggesting a potential level where selling interests could intensify.

1st support: 0.6155
Supporting reasons: Identified as an overlap support, indicating a potential level where price has found strong support in the past.

1st resistance: 0.6292
Supporting reasons: Identified as a swing-high resistance, indicating a potential area that could halt any further upward movement.

US30 (DJIA):

Potential Direction: Bearish
Overall momentum of the chart: Bullish

Price is rising towards the pivot and could potentially make a bearish reversal off this level to pull back towards the 1st support.

Pivot: 41,992.28
Supporting reasons: Identified as a resistance that aligns with a 61.8% Fibonacci projection, suggesting a potential area where selling pressures could intensify.

1st support: 41,096.34

Supporting reasons: Identified as an overlap support that aligns with a 38.2% Fibonacci retracement, indicating a potential level where price could find support.

1st resistance: 42,533.15

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.

DE40 (DAX):

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 pull back towards the 1st support.

Pivot: 18,971.60
Supporting reasons: Identified as a swing-high resistance that aligns with a 127.2% Fibonacci extension, suggesting a potential area where selling pressures could intensify.

1st support: 18,247.90
Supporting reasons: Identified as a multi-swing-low support that aligns with a 38.2% Fibonacci retracement, indicating a key level where price has found support recently.

1st resistance: 19,403.73
Supporting reasons: Identified as a resistance that aligns with a 61.8% Fibonacci projection, 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 is rising towards the pivot and could potentially make a bearish reversal off this level to pull back towards the 1st support.

Pivot: 5,669.89
Supporting reasons: Identified as a multi-swing-high resistance that aligns close to the all-time high, suggesting a potential area where selling pressures could intensify.

1st support: 5,544.60
Supporting reasons: Identified as an overlap support that aligns close to a 38.2% Fibonacci retracement, indicating a key level where price has found support recently.

1st resistance: 5,830.73
Supporting reasons: Identified as a resistance that aligns with a confluence of Fibonacci levels i.e. the 78.6% projection and the 161.8% extension, indicating a potential area that could halt any further upward movement.

BTC/USD (Bitcoin):

Potential Direction: Bearish
Overall momentum of the chart: Neutral

Price has made a bearish reversal off the pivot and could potentially drop towards the 1st support.

Pivot: 61,198.85
Supporting reasons: Identified as a multi-swing-high resistance, suggesting a potential level where selling pressures could intensify.

1st support: 56,640.93
Supporting reasons: Identified as an overlap support that aligns close to a 50% Fibonacci retracement, indicating a key level where price has found strong in the past.

1st resistance: 64,376.72
Supporting reasons: Identified as a swing-high resistance, indicating a potential area that could halt any further upward movement.

ETH/USD (Ethereum):

Potential Direction: Bullish
Overall momentum of the chart: Neutral

Price is falling towards the pivot and could potentially bounce off this level to rise towards the 1st resistance.

Pivot: 2,218.93
Supporting reasons: Identified as a swing-low support that aligns with a 78.6% Fibonacci retracement, suggesting a potential level where buying interests could pick up to stage a rebound.

1st support: 2,044.47
Supporting reasons: Identified as a swing-low support, indicating a potential level where price has found support in the past.

1st resistance: 2,454.11
Supporting reasons: Identified as a multi-swing-high resistance that aligns close to a 50% Fibonacci retracement, indicating a potential area that could halt any further upward movement.

WTI/USD (Oil):

Potential Direction: Bullish
Overall momentum of the chart: Neutral

Price is falling towards the pivot and could potentially make a bullish bounce off this level to rise towards the 1st resistance.

Pivot: 68.91
Supporting reasons: Identified as an overlap support that aligns with a 50% Fibonacci retracement, suggesting a potential level where buying interests could pick up to stage a rebound.

1st support: 66.04
Supporting reasons: Identified as a swing-low support, indicating a key level where price has found support in the past.

1st resistance: 72.61
Supporting reasons: Identified as a pullback resistance that aligns close to a 50% Fibonacci retracement, 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: Bearish reaction off pivot and drop to 1st support.

Pivot: 2577.86
Supporting reasons: An overlap resistance, indicating that the price may face resistance here and could potentially reverse to the downside.

1st support: 2531.68
Supporting reasons: Pullback support and 61.80% Fibonacci Retracement, suggesting a strong level of support where the price might find buying interest.

1st resistance: 2589.74
Supporting reasons: Multi-swing high resistance, indicating a strong level where the price could face resistance if it moves higher.

The accuracy, completeness and timeliness of the information contained on this site cannot be guaranteed. IC Trading does not warranty, guarantee or make any representations, or assume any liability regarding financial results based on the use of the information in the site.

News, views, opinions, recommendations and other information obtained from sources outside of www.ictrading.com, used in this site are believed to be reliable, but we cannot guarantee their accuracy or completeness. All such information is subject to change at any time without notice. IC Trading assumes no responsibility for the content of any linked site.

The fact that such links may exist does not indicate approval or endorsement of any material contained on any linked site. IC Trading is not liable for any harm caused by the transmission, through accessing the services or information on this site, of a computer virus, or other computer code or programming device that might be used to access, delete, damage, disable, disrupt or otherwise impede in any manner, the operation of the site or of any user’s software, hardware, data or property.