DXY:
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Price could potentially make a bearish reaction off pivot and drop to 1st support
Pivot: 104.92
Supporting reasons: Acts as an Overlap resistance with a 61.80% Fibonacci Retracement and a 61.80% Fibonacci Projection, indicating a significant level of Fibonacci confluence. This suggests a potential turning point where selling pressure might increase, leading to a potential reversal or pullback in the bullish trend.
1st support: 102.62
Supporting reasons: Known as an Overlap support, indicating a strong area where buying interest has historically been present, providing a solid foundation for potential price stabilization or a minor rebound if the bearish movement extends from the pivot point.
1st resistance: 105.99
Supporting reasons: Identified as an Overlap resistance with a 78.60% Fibonacci Retracement, marking a significant barrier that could cap upward movements, highlighting its importance as a critical threshold for bullish attempts to continue the upward momentum.
EUR/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: 1.0794
Supporting reasons: Acts as an Overlap resistance, a crucial level that might indicate where selling pressure can intensify, suggesting a potential turning point for the price to continue its downward movement.
1st support: 1.0663
Supporting reasons: Known as overlap support with a 61.80% Fibonacci Projection, indicating a significant area where the market has previously found support, providing a foundation for potential price stabilization or a minor rebound within the bearish trend.
1st resistance: 1.0960
Supporting reasons: Identified as Swing high resistance, marking a significant barrier that could cap upward movements, highlighting its importance as a critical threshold for monitoring bearish momentum within the context of an overall bearish market.
EUR/JPY:
Potential Direction: Bearish
Overall momentum of the chart: Bullish
Factors contributing to the momentum include the price being above a major ascending trend line, suggesting further bullish momentum is likely.
Price could potentially make a bearish reaction off pivot and drop to 1st support
Pivot: 163.30
Supporting reasons: Acts as Pullback resistance, a level where selling pressure could intensify, indicating a potential spot for the price to reverse and move downwards despite the prevailing bullish trend.
1st support: 160.39
Supporting reasons: Known as Swing low support, suggesting a significant area where the market has previously found strong buying interest, providing a foundation for potential price stabilization or a rebound within the context of a bearish move.
1st resistance: 165.33
Supporting reasons: Identified as Swing high resistance, marking a significant barrier that has previously capped upward movements.
EUR/GBP:
Potential Direction: Bearish
Overall momentum of the chart: Bearish
Price could potentially make a bearish continuation towards 1st support
Pivot: 0.8572
Supporting reasons: Acts as an Overlap resistance, indicating a key level where selling pressure might increase, suggesting a potential turning point for the price to continue its downward movement.
1st support: 0.8506
Supporting reasons: Known as Multi-swing low support, suggesting a significant area where the market has previously found strong buying interest, providing a foundation for potential price stabilization or a rebound within the context of a bearish move.
1st resistance: 0.8613
Supporting reasons: Identified as an Overlap resistance, marking a significant barrier that has previously capped upward movements.
GBP/USD:
Potential Direction: Bullish
Overall momentum of the chart: Neutral
Price could potentially make a bullish bounce off pivot and head toward 1st resistance
Pivot: 1.2522
Supporting reasons: Acts as an Overlap support with a 38.20% Fibonacci Retracement, indicating a key level where buying interest could intensify, suggesting a solid foundation for a potential upward movement.
1st support: 1.2383
Supporting reasons: Known as an Overlap support with a 61.80% Fibonacci Retracement, suggesting a significant area where the market has previously found strong buying support, providing a deeper layer of potential price stabilization or a rebound within a bullish context.
1st resistance: 1.2796
Supporting reasons: Identified as Multi-swing high resistance, marking a significant barrier that has capped previous upward movements.
GBP/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: 191.06
Supporting reasons: Acts as an Overlap resistance, a critical level where selling pressure might intensify, indicating a potential spot for the price to reverse and move downwards despite the prevailing bullish trend.
1st support: 188.40
Supporting reasons: Known as an Overlap support, suggesting a significant area where the market has previously found strong buying interest, providing a foundation for potential price stabilization or a rebound within the context of a bearish move.
1st resistance: 194.80
Supporting reasons: Marked by a 161.80% Fibonacci Extension, indicating a significant barrier that could cap upward movements.
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: 0.9049
Supporting reasons: Acts as Multi-swing high resistance, indicating a critical level where selling pressure could intensify, suggesting a potential turning point for the price to continue its downward movement.
1st support: 0.8895
Supporting reasons: Known as Pullback support, suggesting a significant area where the market has previously found support, providing a foundation for potential price stabilization or a minor rebound within the bearish trend.
1st resistance: 0.9225
Supporting reasons: Identified as Multi-swing high resistance, marking a significant barrier that has capped previous upward movements. This indicates a crucial threshold for monitoring bearish momentum, reinforcing the bearish outlook in the context of an overall bearish market
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: 151.80
Supporting reasons: Identified as Multi-swing high resistance with a 127.20% Fibonacci Extension, marking a significant level where selling pressure could intensify, suggesting a potential reversal point for the price to continue its downward movement within the context of an overall bullish trend.
1st support: 148.63
Supporting reasons: Acts as Pullback support with a 61.80% Fibonacci Retracement, indicating a critical area where the market has previously found support, providing a foundation for potential price stabilization or a minor rebound.
1st resistance: 153.39
Supporting reasons: Characterized by a 161.80% Fibonacci Extension and a 61.80% Fibonacci Projection, indicating a significant level of Fibonacci confluence. This confluence acts as a strong technical indicator that the price might target, underscoring its importance for the bearish momentum.
USD/CAD:
Potential Direction: Bearish
Overall momentum of the chart: Neutral
Price could potentially make a bearish reaction off pivot and drop to 1st support
Pivot: 1.3624
Supporting reasons: Acts as an Overlap resistance with a 61.80% Fibonacci Retracement, indicating a key level where selling pressure might intensify, suggesting a potential turning point for the price to reverse and move downwards.
1st support: 1.3367
Supporting reasons: Known as an Overlap support, suggesting a significant area where the market has previously found strong buying interest, providing a foundation for potential price stabilization or a rebound within the context of a bearish move.
1st resistance: 1.3720
Supporting reasons: Identified as Pullback resistance with a 78.60% Fibonacci Retracement, marking a significant barrier that could cap upward movements
AUD/USD:
Potential Direction: Bullish
Overall momentum of the chart: Neutral
Price could potentially make a bullish bounce-off pivot and head toward 1st resistance
Pivot: 0.6488
Supporting reasons: Acts as Multi-swing low support, indicating a key level where buying interest has historically been strong, suggesting a solid foundation for a potential upward movement.
1st support: 0.6445
Supporting reasons: Known as Swing low support, suggesting a significant area where the market has previously found support, providing a basis for potential price stabilization or a minor rebound within the bullish context.
1st resistance: 0.6596
Supporting reasons: Identified as an Overlap resistance, marking a significant barrier that has previously capped upward movements.
NZD/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: 0.6001
Supporting reasons: Acts as Pullback resistance with a 61.80% Fibonacci Retracement, indicating a key level where selling pressure might intensify, suggesting a potential turning point for the price to reverse and move downwards.
1st support: 0.5869
Supporting reasons: Known as an Overlap support, suggesting a significant area where the market has previously found strong buying interest, providing a foundation for potential price stabilization or a minor rebound within the bearish context.
1st resistance: 0.6052
Supporting reasons: Identified as Pullback resistance, marking a significant barrier that could cap upward movements.
DJ30:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Factors contributing to the momentum include the price being above the bullish Ichimoku cloud, indicating strong upward momentum and a positive outlook for the market.
Price could potentially make a: Bullish break through of pivot and rise to 1st resistance
Pivot: 39913.81
Supporting reasons: Identified as Swing high resistance, a critical level that, once breached, could indicate strong buying pressure and a continuation of the bullish trend.
1st support: 39289.09
Supporting reasons: Acts as an Overlap support, suggesting a significant area where the market has previously found strong buying interest, providing a solid foundation for potential price stabilization or a rebound in the event of a pullback.
1st resistance: 40556.35
Supporting reasons: Marked by a 61.80% Fibonacci Projection, indicating a significant barrier that could cap upward movements.
GER40:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price could potentially make a: Bullish break through of pivot and rise to 1st resistance
Pivot: 18261.92
Supporting reasons: Identified as Swing high resistance, a critical level that, once breached, could signify strong buying pressure and a continuation of the bullish trend.
1st support: 17004.20
Supporting reasons: Acts as an Overlap support, suggesting a significant area where the market has previously found strong buying interest, providing a solid foundation for potential price stabilization or a rebound in the event of a pullback.
1st resistance: 19246.57
Supporting reasons: Marked by a 100% Fibonacci Projection, indicating a significant barrier that could cap upward movements. Overcoming this level would underscore the strength of the bullish momentum, highlighting its importance as a target for the bullish trend continuation.
US500:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price could potentially make a: Bullish break through of pivot and rise to 1st resistance
Pivot: 5247.74
Supporting reasons: Identified as Swing high resistance, a critical level that, once breached, could signify strong buying pressure and a continuation of the bullish trend.
1st support: 4824.97
Supporting reasons: Acts as an Overlap support, suggesting a significant area where the market has previously found strong buying interest, providing a solid foundation for potential price stabilization or a rebound in the event of a pullback.
1st resistance: 5515.50
Supporting reasons: Marked by a 78.60% Fibonacci Projection, indicating a significant barrier that could cap upward movements.
BTC/USD:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price could potentially make a: Bullish break through of pivot and rise to 1st resistance
Pivot: 73198.26
Supporting reasons: Identified as Swing high resistance, a critical level that, once breached, could indicate strong buying pressure and a continuation of the bullish trend, suggesting a potential for significant upward movement.
1st support: 63606.38
Supporting reasons: Acts as an Overlap support, suggesting a significant area where the market has previously found strong buying interest, providing a solid foundation for potential price stabilization or a rebound in the event of a pullback, reinforcing the bullish sentiment.
1st resistance: 82344.32
Supporting reasons: Marked by a 61.80% Fibonacci Projection, indicating a significant barrier that could cap upward movements.
ETH/USD:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price could potentially make a: Bullish bounce off pivot and head towards 1st resistance
Pivot: 3256.22
Supporting reasons: Acts as Multi-swing low support, indicating a key level where buying interest has historically been strong, suggesting a solid foundation for a potential upward movement, reinforcing the bullish sentiment.
1st support: 3044.92
Supporting reasons: Known as an Overlap support with a 50% Fibonacci Retracement, suggesting a significant area where the market has previously found support, providing a basis for potential price stabilization or a rebound within the bullish context.
1st resistance: 3744.13
Supporting reasons: Identified as Pullback resistance, marking a significant barrier that has previously capped upward movements.
WTI/USD (Oil):
Potential Direction: Bullish
Overall momentum of the chart: Bullish
Price could potentially make a: Bullish break through of pivot and rise to 1st resistance
Pivot: 84.49
Supporting reasons: Marked by a 61.80% Fibonacci Retracement, indicating a significant level where buying pressure might intensify, suggesting a potential turning point for the price to break through and continue its upward trajectory.
1st support: 80.80
Supporting reasons: Known as an Overlap support, suggesting a significant area where the market has previously found strong buying interest, providing a solid foundation for potential price stabilization or a rebound, reinforcing the bullish sentiment.
1st resistance: 91.07
Supporting reasons: Identified as Swing high resistance with a 78.60% Fibonacci Retracement, marking a significant barrier that could cap upward movements.
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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: 2276.21
Supporting reasons: Marked by a 61.80% Fibonacci Projection, indicating a significant level where selling pressure could intensify, suggesting a potential turning point for the price to continue its downward movement within the context of an overall bullish trend.
1st support: 2192.08
Supporting reasons: Known as Pullback support, suggesting a significant area where the market has previously found support, providing a foundation for potential price stabilization or a minor rebound within the bearish movement.
1st resistance: 2304.24
Supporting reasons: Characterized by a 78.60% Fibonacci Projection, marking a significant barrier that could cap upward movements, indicating a crucial threshold for monitoring bearish momentum against the backdrop of an overall bullish market.
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