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Wednesday 10th September 2025: Technical Outlook and Review

 

DXY (U.S. Dollar Index):

Potential Direction: Bearish

Overall momentum of the chart: Bearish

The price is rising toward the pivot and could make a bearish fall toward the 1st support.

Pivot: 98.01

Supporting reasons: Identified as a pullback resistance that aligns with the 61.8% Fibonacci retracement, indicating a potential area where selling pressures could intensify.

1st support: 97.37

Supporting reasons: Identified as an overlap support, indicating a potential area where the price could again stabilize.

1st resistance: 98.69
Supporting reasons: Identified as a swing high resistance, indicating a potential area that could halt any further upward movement.

EUR/USD:

Potential Direction: Bullish

Overall momentum of the chart: Bullish

The price is falling toward the pivot and could make a bullish rise toward the 1st resistance.

Pivot: 1.1678
Supporting reasons: Identified as a pullback support that aligns closely with the 61.8% Fibonacci retracement, indicating a potential area where buying interest could pick up.

1st support: 1.1633
Supporting reasons: Identified as an overlap support, indicating a potential level where the price could stabilize once again.

1st resistance: 1.1736
Supporting reasons: Identified as a pullback resistance, indicating a potential level that could cap further upward movement.

EUR/JPY:

Potential Direction: Bullish

Overall momentum of the chart: Bullish

The price is falling toward the pivot and could make a bullish bounce toward the 1st resistance.

Pivot: 171.91
Supporting reasons: Identified as a pullback support that aligns closely with the 78.6% Fibonacci retracement, indicating a potential area where buying interest could pick up.

1st support: 170.92
Supporting reasons: Identified as a pullback support, indicating a potential area where the price could again stabilize.

1st resistance: 173.27
Supporting reasons: Identified as a pullback resistance, indicating a potential level that could cap further upward movement.

EUR/GBP:

Potential Direction: Bullish
Overall momentum of the chart: Bullish

The price is falling toward the pivot and could make a bullish bounce toward the 1st resistance.

Pivot: 0.8643
Supporting reasons: Identified as a pullback support that aligns with the 127.2% Fibonacci extension, indicating a potential area where buying interest could pick up.

1st support: 0.8622
Supporting reasons: Identified as an overlap support, indicating a potential area where the price could again stabilize.

1st resistance: 0.8666
Supporting reasons: Identified as a pullback resistance, indicating a potential level that could cap further upward movement.

GBP/USD:

Potential Direction: Bullish
Overall momentum of the chart: Bullish

The price is falling toward the pivot and could make a bullish bounce toward the 1st resistance.

Pivot: 1.3459
Supporting reasons: Identified as a pullback support that aligns with the 50% Fibonacci retracement, indicating a potential area where buying interest could pick up.

1st support: 1.3391
Supporting reasons: Identified as a pullback support that aligns with the 78.6% Fibonacci retracement, indicating a potential area where the price could stabilize once more.

1st resistance: 1.3544
Supporting reasons: Identified as a pullback resistance, indicating a potential level that could halt further upward movement.

GBP/JPY:

Potential Direction: Bearish

Overall momentum of the chart: Bullish

The price is rising toward the pivot and could make a bearish fall toward the 1st support.

Pivot: 199.69

Supporting reasons: Identified as a pullback resistance, indicating a potential area where selling pressures could intensify.

1st support: 197.51
Supporting reasons: Identified as a pullback support that aligns with the 50% Fibonacci retracement, indicating a potential level where the price could stabilize once more.

1st resistance: 200.62
Supporting reasons: Identified as an overlap resistance, indicating a potential level that could halt further upward movement.

USD/CHF:

Potential Direction: Bearish

Overall momentum of the chart: Bullish

The price is approaching the pivot and could make a bearish fall toward the 1st support.

Pivot: 0.7986

Supporting reasons: Identified as a pullback resistance that aligns with the 38.2% Fibonacci retracement, indicating a potential area where selling pressures could intensify.

1st support: 0.7909
Supporting reasons: Identified as a swing low support that aligns with the 161.8% Fibonacci extension, indicating a potential level where the price could stabilize once again.

1st resistance: 0.8031
Supporting reasons: Identified as a pullback resistance, indicating a potential level that could cap further upward movement.

USD/JPY:

Potential Direction: Bullish

Overall momentum of the chart: Bullish

The price is approaching the pivot and could make a bearish fall toward the 1st support.

Pivot: 147.86

Supporting reasons: Identified as a pullback resistance, indicating a potential area where selling pressures could intensify.

1st support: 145.95Supporting reasons: Identified as an overlap support, indicating a strong area where buyers might return, and the price could stabilize once again.

1st resistance: 148.85
Supporting reasons: Identified as an overlap resistance. This level represents the next key area where upward movement could be capped amid increased selling pressure

USD/CAD:

Potential Direction: Bearish                                                                                                                                                                                          

Overall momentum of the chart: Bearish

The price is rising toward the pivot and could make a bearish fall toward the 1st support.

Pivot: 1.3877

Supporting reasons: Identified as a pullback resistance that aligns with the 78.6% Fibonacci retracement, indicating a potential area where selling pressures could intensify.

1st support: 1.3768

Supporting reasons: Identified as an overlap support, indicating a key level where the price could stabilize once more.

1st resistance: 1.3924

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 falling toward the pivot and could make a bullish rise toward the 1st resistance.

Pivot: 0.6557
Supporting reasons: Identified as a pullback support that aligns with the 50% Fibonacci retracement, indicating a potential area where buying interest could pick up.

1st support: 0.6521

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: 0.6619
Supporting reasons: Identified as a swing high resistance, indicating a potential area that could halt any further upward movement.

NZD/USD

Potential Direction: Bullish

Overall momentum of the chart: Bullish

The price is falling toward the pivot and could make a bullish rise toward the 1st resistance.

Pivot: 0.5914
Supporting reasons: Identified as a pullback support, indicating a potential area where buying interest could pick up.

1st support: 0.5887

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: 0.5964

Supporting reasons: Identified as a pullback resistance that aligns with the 161.8% Fibonacci extension, indicating a potential area that could halt any further upward movement.

 

US30 (DJIA):

Potential Direction: Bullish

Overall momentum of the chart: Bullish

The price is falling toward the pivot and could make a bullish rise toward the 1st resistance.

Pivot: 45,297.47
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: 44,909.26

Supporting reasons: Identified as a pullback support, suggesting a potential area where the price could stabilize once again.

1st resistance: 45,771.92

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

DE40 (DAX):

Potential Direction: Bearish

Overall momentum of the chart: Bullish

The price is rising toward the pivot and could make a bearish move toward the 1st support.

Pivot: 23,938.70
Supporting reasons: Identified as a pullback resistance that aligns closely with the 50% Fibonacci retracement, indicating a potential area where selling pressures could intensify.

1st support: 23,382.18

Supporting reasons: Identified as an overlap support, indicating a key level where the price could stabilize once more.

1st resistance: 24,274.67

Supporting reasons: Identified as an overlap 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 is falling toward the pivot and could make a bullish rise toward the 1st resistance.

Pivot: 6,455.43
Supporting reasons: Identified as an overlap support, indicating a potential area where buying interest could pick up.

1st support: 6,346.59

Supporting reasons: Identified as an overlap support, indicating a potential level where the price could stabilize once again.

1st resistance: 6,591.51

Supporting reasons: Identified as a resistance that is supported by the 161.8% Fibonacci extension, indicating a potential area that could halt any further upward movement.

BTC/USD (Bitcoin):

Potential Direction: Bullish

Overall momentum of the chart: Bullish

The price has already bounced off the pivot and could make a bullish rise toward the 1st resistance.

Pivot: 110,920.02
Supporting reasons: Identified as a pullback support that aligns closely with the 61.8% Fibonacci retracement, indicating a potential area where buying interest could pick up.

1st support: 109,509.19

Supporting reasons: Identified as an overlap support, indicating a potential level where the price could stabilize once more.

1st resistance: 112,919.01

Supporting reasons: Identified as a multi-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: Bullish

The price could fall toward the pivot and make a bullish bounce toward the 1st resistance.

Pivot: 4,226.37
Supporting reasons: Identified as an overlap support, indicating a potential area where buying interest could pick up.

1st support: 4,060.92

Supporting reasons: Identified as a swing low support, indicating a potential level where the price could stabilize once more.

1st resistance: 4,497.19
Supporting reasons: Identified as an overlap 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 could rise toward the pivot and could make a bearish move toward the 1st support.

Pivot: 64.16
Supporting reasons: Identified as a pullback resistance that aligns with the 50% Fibonacci retracement, indicating a potential area where selling pressures could intensify.

1st support: 62.09
Supporting reasons: Identified as a swing low support, indicating a key level where the price could stabilize once more.

1st resistance: 65.64
Supporting reasons: Identified as a pullback resistance, indicating a potential area that could halt any further upward movement.

XAU/USD (GOLD):

Potential Direction: Bullish

Overall momentum of the chart: Bullish

The price could fall toward the pivot and make a bullish bounce toward the 1st resistance.

Pivot: 3,598.56
Supporting reasons: Identified as a pullback support that aligns closely with the 23.6% Fibonacci retracement, indicating a potential area where buying interest could pick up.

1st support: 3,5009.37
Supporting reasons: Identified as a pullback support that aligns closely with the 50% Fibonacci retracement, indicating a key level where the price could stabilize once more.

1st resistance: 3,674.70
Supporting reasons: Identified as a swing high resistance, indicating a potential area that could halt any further upward movement.

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