DXY (U.S. Dollar Index):
Potential Direction: Bullish
Overall momentum of the chart: Bearish
The price could make a short-term pullback toward the pivot before rising again toward the 1st resistance
Pivot: 98.76
Supporting reasons: Identified as an overlap support, where renewed buying pressure could emerge to push the price higher.
1st support: 98.00
Supporting reasons: Identified as an overlap support, 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 see a short-term pullback toward the pivot before continuing its bearish move down toward the 1st support.
Pivot: 1.1618
Supporting reasons: Identified as an overlap resistance, where selling pressures could intensify and potentially cap any upward retracement.
1st support: 1.1471
Supporting reasons: Identified as a pullback support that aligns closely with the 161.8% Fibonacci extension, indicating a potential level where the price could stabilize once again.
1st resistance: 1.1726
Supporting reasons: Identified as an overlap resistance, indicating a potential level that could cap further upward movement.

EUR/JPY:
Potential Direction: Bearish
Overall momentum of the chart: Bullish
The price could see a short-term pullback toward the pivot before continuing its bearish move down toward the 1st support.
Pivot: 176.23
Supporting reasons: Identified as an overlap resistance, where selling pressures could intensify and potentially cap any upward retracement.
1st support: 174.99
Supporting reasons: Identified as an overlap support that aligns with the 50% Fibonacci retracement, indicating a potential area where the price could again stabilize.
1st resistance: 177.75
Supporting reasons: Identified as a resistance that is supported by the 200% Fibonacci extension, indicating a potential level that could cap further upward movement.

EUR/GBP:
Potential Direction: Bearish
Overall momentum of the chart: Bullish
The price could see a short-term pullback toward the pivot before continuing its bearish move down toward the 1st support.
Pivot: 0.8693
Supporting reasons: Identified as an overlap resistance, where selling pressures could intensify and potentially cap any upward retracement.
1st support: 0.8657
Supporting reasons: Identified as an overlap support, indicating a potential area where the price could stabilize once more.
1st resistance: 0.8708
Supporting reasons: Identified as an overlap resistance, indicating a potential level that could cap further upward movement.

GBP/USD:
Potential Direction: Bearish
Overall momentum of the chart: Bearish
The price could see a short-term pullback toward the pivot before continuing its bearish move down toward the 1st support.
Pivot: 1.3392
Supporting reasons: Identified as an overlap resistance, where selling pressures could intensify and potentially cap any upward retracement.
1st support: 1.3269
Supporting reasons: Identified as an overlap support, indicating a potential area where the price could stabilize once more.
1st resistance: 1.3513
Supporting reasons: Identified as a 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 make a short-term pullback toward the pivot before rising again toward the 1st resistance
Pivot: 202.86
Supporting reasons: Identified as a pullback support, where renewed buying pressure could emerge to push the price higher.
1st support: 201.04
Supporting reasons: Identified as a pullback support, indicating a potential level where the price could stabilize once more.
1st resistance: 204.86
Supporting reasons: Identified as a multi-swing high resistance, indicating a potential level that could halt further upward movement.

USD/CHF:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
The price could make a short-term pullback toward the pivot before rising again toward the 1st resistance
Pivot: 0.8007
Supporting reasons: Identified as a pullback support, where renewed buying pressure could emerge to push the price higher.
1st support: 0.7923
Supporting reasons: Identified as an overlap support, indicating a potential area where the price could again stabilize.
1st resistance: 0.8104
Supporting reasons: Identified as a swing high resistance that aligns with the 127.2% Fibonacci extension, indicating a potential level that could cap further upward movement.

USD/JPY:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
The price could make a short-term pullback toward the pivot before rising again toward the 1st resistance
Pivot: 150.91
Supporting reasons: This level is identified as a pullback support and a prior breakout zone. After a strong bullish impulse above this area, a retest could invite renewed buying interest.
1st support: 149.82
Supporting reasons: Identified as a pullback support, indicating a strong area where buyers might return, and the price could stabilize once again.
1st resistance: 153.98
Supporting reasons: Identified as a pullback resistance.This is a significant resistance that could cap further upward movement and coincide with profit-taking zones for bullish positions

USD/CAD:
Potential Direction: Bullish
Overall momentum of the chart: Bearish
The price could fall toward the pivot and make a bullish bounce off toward the 1st resistance.
Pivot: 1.4012
Supporting reasons: Identified as a pullback support, indicating a potential area where buying interest could pick up.
1st support: 1.3919
Supporting reasons: Identified as an overlap support, indicating a key level where the price could stabilize once more.
1st resistance: 1.4156
Supporting reasons: Identified as a pullback resistance that aligns with the 78.6% Fibonacci retracement making it a possible target for bullish advances and a level where some sellers could return to cap gains

AUD/USD:
Potential Direction: Bearish
Overall momentum of the chart: Bullish
The price could see a short-term pullback toward the pivot before continuing its bearish move down toward the 1st support.
Pivot: 0.6531
Supporting reasons: Identified as an overlap zone where any brief bullish recovery could find resistance before resuming the bearish trend.
1st support: 0.6569
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: 0.6585
Supporting reasons: Identified as a pullback resistance, this level could cap upside potential in the current bearish structure.

NZD/USD
Potential Direction: Bearish
Overall momentum of the chart: Bullish
The price could see a short-term pullback toward the pivot before continuing its bearish move down toward the 1st support.
Pivot: 0.5762
Supporting reasons: Identified as a pullback resistance, where selling pressures could intensify and potentially cap any upward retracement.
1st support: 0.5698
Supporting reasons: Identified as a support that is supported by the 161.8% Fibonacci extension, this area has provided strong support historically and may attract buying interest for a potential short-term bounce
1st resistance: 0.5803
Supporting reasons: Identified as an overlap resistance, indicating a potential area that could halt any further upward movement.

US30 (DJIA):
Potential Direction: Bearish
Overall momentum of the chart: Bullish
The price could see a short-term pullback toward the pivot before continuing its bearish move down toward the 1st support.
Pivot: 46,182.48
Supporting reasons: Identified as a pullback resistance that aligns with the 50% Fibonacci retracement, where selling pressures could intensify and potentially cap any upward retracement.
1st support: 45,239.96
Supporting reasons: Identified as an overlap support, suggesting a potential area where the price could stabilize once again.
1st resistance: 46,854.31
Supporting reasons: Identified as a multi-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 could see a short-term pullback toward the pivot before continuing its bearish move down toward the 1st support.
Pivot: 24,511.06
Supporting reasons: Identified as a pullback resistance, where selling pressures could intensify and potentially cap any upward retracement.
1st support: 24,080.53
Supporting reasons: Identified as a pullback support that aligns with the 50% Fibonacci retracement, indicating a key level where the price could stabilize once more.
1st resistance: 24,771.19
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: Bearish
Overall momentum of the chart: Bullish
The price could see a short-term pullback toward the pivot before continuing its bearish move down toward the 1st support.
Pivot: 6,697.28
Supporting reasons: Identified as a pullback resistance, where selling pressures could intensify and potentially cap any upward retracement.
1st support: 6,520.61
Supporting reasons: Identified as an overlap support, indicating a potential level where the price could stabilize once again.
1st resistance: 6,760.21
Supporting reasons: Identified as a multi-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 could see a short-term pullback toward the pivot before continuing its bearish move down toward the 1st support.
Pivot: 117,689.57
Supporting reasons: Identified as a pullback resistance that aligns with the 50% Fibonacci retracement,, where selling pressures could intensify and potentially cap any upward retracement.
1st support: 111,917.12
Supporting reasons: Identified as a pullback support, indicating a potential level where the price could stabilize once more.
1st resistance: 120,968.46
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 could see a short-term pullback toward the pivot before continuing its bearish move down toward the 1st support.
Pivot: 4,372.65
Supporting reasons: Identified as a pullback resistance that aligns with the 61.8% Fibonacci retracement, where selling pressures could intensify and potentially cap any upward retracement.
1st support: 4,049.67
Supporting reasons: Identified as a pullback support, indicating a potential level where the price could stabilize once more.
1st resistance: 4,642.75
Supporting reasons: Identified as a pullback 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 see a short-term pullback toward the pivot before continuing its bearish move down toward the 1st support.
Pivot: 60.61
Supporting reasons: Identified as a pullback resistance, where selling pressures could intensify and potentially cap any upward retracement.
1st support: 58.39
Supporting reasons: Identified as a swing low support that aligns with the 78.6% Fibonacci projection, indicating a key level where the price could stabilize once more.
1st resistance: 63.15
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 rise toward the 1st resistance.
Pivot: 4,055.24
Supporting reasons: Identified as a pullback support, indicating a potential area where buying interest could pick up.
1st support: 3,953.04
Supporting reasons: Identified as a swing low support, indicating a key level where the price could stabilize once more.
1st resistance: 4,129.14
Supporting reasons: Identified as a resistancethat is supported by the 161.8% Fibonacci extension and the 78.6% Fibonacci projection, indicating a potential area that could halt any further upward movement.

The accuracy, completeness and timeliness of the information contained on this site cannot be guaranteed. IC Markets 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.icmarkets.com.au, 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 Markets 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 Markets 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.