DXY (U.S. Dollar Index):
Potential Direction: Bearish
Overall momentum of the chart: Bearish
The price has already reacted off the pivot and could continue to make a bearish fall toward the 1st support. Additionally, the price is below the Ichimoku Cloud, which adds further significance to the strength of the bearish momentum.
Pivot: 98.61
Supporting reasons: Identified as an overlap resistance, indicating a potential area where selling pressures could intensify.
1st support: 97.39
Supporting reasons: Identified as a pullback support that nears the 127.2% Fibonacci extension, indicating a potential area where the price could again stabilize.
1st resistance: 99.53
Supporting reasons: Identified as a pullback resistance, indicating a potential area that could halt any further upward movement.
EUR/USD:
Potential Direction: Bearish
Overall momentum of the chart: Bullish
The price could rise toward the pivot and make a bearish reversal off and fall toward the 1st support.
Pivot: 1.1721
Supporting reasons: Identified as an overlap resistance, indicating a potential area where selling pressures could intensify.
1st support: 1.1596
Supporting reasons: Identified as an overlap support that aligns with the 38.22% Fibonacci retracement, indicating a potential level where the price could stabilize once again.
1st resistance: 1.1790
Supporting reasons: Identified as a swing high resistance, indicating a potential level that could cap further upward movement.
EUR/JPY:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
The price could fall toward the pivot and could make a bullish move toward the 1st resistance.
Pivot: 170.64
Supporting reasons: Identified as an overlap support that aligns with the 61.8% Fibonacci retracement, indicating a potential area where buying interest could pick up.
1st support: 169.66
Supporting reasons: Identified as a pullback support, indicating a potential area where the price could again stabilize.
1st resistance: 173.07
Supporting reasons: Identified as an overlap resistance, indicating a potential level that could cap further upward movement.
EUR/GBP:
Potential Direction: Bearish
Overall momentum of the chart: Bullish
The price is trading near the pivot and could make a bearish reversal off at this level and fall toward the 1st support.
Pivot: 0.8637
Supporting reasons: Identified as an overlap resistance, indicating a potential area where selling pressures could intensify.
1st support: 0.8569
Supporting reasons: Identified as an overlap support, indicating a potential area where the price could stabilize once more.
1st resistance: 0.8684
Supporting reasons: Identified as a pullback resistance that is aligns with the 61.8% Fibonacci retracement, indicating a potential level that could cap further upward movement.
GBP/USD:
Potential Direction: Bearish
Overall momentum of the chart: Bullish
The price could rise toward the pivot and make a bearish reversal off at this level and fall toward the 1st support.
Pivot: 1.3521
Supporting reasons: Identified as a pullback resistance, indicating a potential area where selling pressures could intensify.
1st support: 1.3467
Supporting reasons: Identified as a pullback support that aligns with the 61.8% Fibonacci retracement, indicating a potential area where the price could stabilize once more.
1st resistance: 1.3588
Supporting reasons: Identified as a multi-swing high resistance, indicating a potential level that could halt further upward movement.
GBP/JPY:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
The price could fall toward the pivot and could make a bullish move toward the 1st resistance. Additionally, the price is above the Ichimoku Cloud, which adds further significance to the strength of the bullish momentum.
Pivot: 198.64
Supporting reasons: Identified as a pullback support, indicating a potential area where buying interest could pick up.
1st support: 196.96
Supporting reasons: Identified as a pullback support that aligns with the 61.8% Fibonacci retracement, indicating a potential level where the price could stabilize once more.
1st resistance: 200.24
Supporting reasons: Identified as a swing high resistance, indicating a potential level that could halt further upward movement.
USD/CHF:
Potential Direction: Bearish
Overall momentum of the chart: Bullish
The price could rise toward the pivot and make a bearish reversal off at this level and fall toward the 1st support.
Pivot: 0.8156
Supporting reasons: Identified as an overlap resistance, indicating a potential area where selling pressures could intensify.
1st support: 0.8018
Supporting reasons: Identified as an overlap support, indicating a potential level where the price could stabilize once again.
1st resistance: 0.8264
Supporting reasons: Identified as a pullback resistance, indicating a potential level that could cap further upward movement.
USD/JPY:
Potential Direction: Bearish
Overall momentum of the chart: Bullish
The price could rise toward the pivot and make a bearish reversal off at this level and fall toward the 1st support.
Pivot: 148.78
Supporting reasons: Identified as a pullback resistance, indicating a potential area where selling pressures could intensify.
1st support: 145.96
Supporting reasons: Identified as an overlap support that aligns with the 61.8% Fibonacci retracement, indicating a strong area where buyers might return, and the price could stabilize once again.
1st resistance: 150.79
Supporting reasons: Identified as a swing high resistance. This level represents the next key area where upward movement could be capped amid increased selling pressure
USD/CAD:
Potential Direction: Bullish
Overall momentum of the chart: Bearish
The price is falling toward the pivot and could make a bullish bounce off toward the 1st resistance.
Pivot: 1.3761
Supporting reasons: Identified as a pullback support, indicating a potential area where buying interest could pick up.
1st support: 1.3690
Supporting reasons: Identified as an overlap support that aligns with the 61.8% Fibonacci retracement, indicating a key level where the price could stabilize once more.
1st resistance: 1.3876
Supporting reasons: Identified as a swing high resistance, making it a possible target for bullish advances and a level where some sellers could return to cap gains
AUD/USD:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
The price is trading near the pivot and could make a bullish bounce off toward the 1st resistance.
Pivot: 0.6485
Supporting reasons: Identified as an overlap support that aligns closely with the 61.8% Fibonacci retracement, indicating a potential area where buying interest could pick up.
1st support: 0.6432
Supporting reasons: Identified as a pullback support, this area has provided strong support historically and may attract buying interest for a potential short-term bounce
1st resistance: 0.6558
Supporting reasons: Identified as an overlap resistance, indicating a potential area that could halt any further upward movement.
NZD/USD
Potential Direction: Bearish
Overall momentum of the chart: Bullish
The price could rise toward the pivot and make a bearish reversal off this level and fall toward the 1st support. Additionally, the price is below the Ichimoku Cloud, which adds further significance to the strength of the bearish momentum.
Pivot: 0.5965
Supporting reasons: Identified as a pullback resistance, indicating a potential area where selling pressures could intensify.
1st support: 0.5883
Supporting reasons: Identified as a swing low support, this area has provided strong support historically and may attract buying interest for a potential short-term bounce
1st resistance: 0.5999
Supporting reasons: Identified as an overlap resistance, indicating a potential area that could halt any further upward movement.
US30 (DJIA):
Potential Direction: Bullish
Overall momentum of the chart: Bullish
The price could fall toward the pivot and could make a bullish move toward the 1st resistance.
Pivot: 44.436.61
Supporting reasons: Identified as a pullback support that aligns with the 61.8% Fibonacci retracement, indicating a potential area where buying interest could pick up.
1st support: 43,754.53
Supporting reasons: Identified as a pullback support, suggesting a potential area where the price could stabilize once again.
1st resistance: 45,290.00
Supporting reasons: Identified as a swing high resistance, indicating a potential area that could halt any further upward movement.
DE40 (DAX):
Potential Direction: Bullish
Overall momentum of the chart: Bullish
The price could fall toward the pivot and could make a bullish move toward the 1st resistance.
Pivot: 23,935.61
Supporting reasons: Identified as an overlap support that aligns with the 50% Fibonacci retracement, indicating a potential area where buying interest could pick up.
1st support: 23,391.48
Supporting reasons: Identified as an overlap support, indicating a key level where the price could stabilize once more.
1st resistance: 24,665.37
Supporting reasons: Identified as a swing high resistance, indicating a potential area that could halt any further upward movement.
US500 (S&P 500):
Potential Direction: Bullish
Overall momentum of the chart: Bullish
The price could fall toward the pivot and could make a bullish move toward the 1st resistance. Additionally, the price is above the Ichimoku Cloud, which adds further significance to the strength of the bullish momentum.
Pivot: 6,332.08
Supporting reasons: Identified as an overlap support that aligns closely with the 61.8% Fibonacci retracement, indicating a potential area where buying interest could pick up.
1st support: 6,120.92
Supporting reasons: Identified as an overlap support, indicating a potential level where the price could stabilize once again.
1st resistance: 6,483.15
Supporting reasons: Identified as a swing high resistance, indicating a potential area that could halt any further upward movement.
BTC/USD (Bitcoin):
Potential Direction: Bearish
Overall momentum of the chart: Bullish
The price is trading near the pivot and could make a bearish reversal off and fall toward the 1st support. Additionally, the price is below the Ichimoku Cloud, which adds further significance to the strength of the bearish momentum.
Pivot: 117.222.53
Supporting reasons: Identified as a pullback resistance, indicating a potential area where selling pressures could intensify.
1st support: 113,680.17
Supporting reasons: Identified as an overlap support that aligns with the 61.8% Fibonacci projection, indicating a potential level where the price could stabilize once more.
1st resistance: 122,125.15
Supporting reasons: Identified as a pullback resistance, indicating a potential area that could halt any further upward movement.
ETH/USD (Ethereum):
Potential Direction: Bearish
Overall momentum of the chart: Bullish
The price is trading near the pivot and could make a bearish reversal off and fall toward the 1st support.
Pivot: 4,394.89
Supporting reasons: Identified as a pullback resistance, indicating a potential area where selling pressures could intensify.
1st support: 3,929.35
Supporting reasons: Identified as a pullback support that aligns with the 61.8% Fibonacci retracement, indicating a potential level where the price could stabilize once more.
1st resistance: 4,771.04
Supporting reasons: Identified as a swing resistance, indicating a potential area that could halt any further upward movement.
WTI/USD (Oil):
Potential Direction: Bearish
Overall momentum of the chart: Bullish
The price is trading near the pivot and could make a bearish reversal off and fall toward the 1st support.
Pivot: 63.75
Supporting reasons: Identified as an overlap resistance, indicating a potential area where selling pressures could intensify.
1st support: 60.95
Supporting reasons: Identified as a pullback support, indicating a key level where the price could stabilize once more.
1st resistance: 65.42
Supporting reasons: Identified as an overlap resistance, indicating a potential area that could halt any further upward movement.
XAU/USD (GOLD):
Potential Direction: Bearish
Overall momentum of the chart: Bullish
The price could rise toward the pivot and make a bearish reversal off and fall toward the 1st support.
Pivot: 3351.761
Supporting reasons: Identified as an overlap resistance, indicating a potential area where selling pressures could intensify.
1st support: 3,307.39
Supporting reasons: Identified as an overlap support that aligns with the 100% Fibonacci projection, indicating a key level where the price could stabilize once more.
1st resistance: 3,383.53
Supporting reasons: Identified as a pullback resistance, indicating a potential area that could halt any further upward movement.
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