{"id":83956,"date":"2026-09-21T18:19:30","date_gmt":"2026-09-21T08:19:30","guid":{"rendered":"https:\/\/www.icmarkets.com.au\/blog\/?p=83956"},"modified":"2026-09-21T18:19:34","modified_gmt":"2026-09-21T08:19:34","slug":"monday-21st-september-2026-technical-outlook-and-review","status":"publish","type":"post","link":"https:\/\/www.icmarkets.com.au\/blog\/monday-21st-september-2026-technical-outlook-and-review\/","title":{"rendered":"Monday 21st September 2026: Technical Outlook and Review"},"content":{"rendered":"\n

<\/a> <\/strong><\/h1>\n\n\n\n

<\/a>DXY (U.S. Dollar Index):<\/strong><\/h1>\n\n\n\n

Potential Direction: Bearish<\/p>\n\n\n\n

Overall momentum of the chart: Bearish<\/p>\n\n\n\n

The price has already reacted lower after testing resistance and could continue its bearish move toward the 1st support.<\/p>\n\n\n\n

Pivot: 100.43<\/p>\n\n\n\n

Supporting reasons: Identified as a pullback resistance that aligns with the 61.8% Fibonacci retracement and Ichimoku cloud resistance, providing additional confluence where selling pressure could emerge and potentially cap any upward retracement.<\/p>\n\n\n\n

1st support: 98.56<\/p>\n\n\n\n

Supporting reasons: Identified as a swing-low support, marking a previous area where buying pressure emerged, and price could potentially stabilize again.<\/p>\n\n\n\n

1st resistance: 101.62
Supporting reasons: Identified as a swing-high resistance, marking a previous area of selling pressure that could potentially cap further upside.<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

<\/a>EUR\/USD:<\/strong><\/h1>\n\n\n\n

Potential Direction: Bullish<\/p>\n\n\n\n

Overall momentum of the chart: Bullish<\/p>\n\n\n\n

The price has already bounced off the pivot and could continue its bullish recovery toward the 1st resistance.<\/p>\n\n\n\n

Pivot: 1.1461<\/p>\n\n\n\n

Supporting reasons: Identified as an overlap support near the 61.8% Fibonacci retracement and Ichimoku cloud support, providing technical confluence where renewed buying pressure could emerge.<\/p>\n\n\n\n

1st support: 1.1354<\/p>\n\n\n\n

Supporting reasons: Identified as a multi-swing-low support, marking an area where buying pressure has previously emerged, and price could potentially stabilize again.<\/p>\n\n\n\n

1st resistance: 1.1578<\/p>\n\n\n\n

Supporting reasons: Identified as a pullback resistance, where selling pressure could emerge and potentially cap the bullish recovery.<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

<\/a>EUR\/JPY:<\/strong><\/h1>\n\n\n\n

Potential Direction: Bearish<\/p>\n\n\n\n

Overall momentum of the chart: Bullish<\/p>\n\n\n\n

The price could see a short-term recovery before reversing lower and continuing its bearish move toward the 1st support.<\/p>\n\n\n\n

Pivot: 182.52<\/p>\n\n\n\n

Supporting reasons: Identified as a pullback resistance near the 50% Fibonacci retracement and Ichimoku cloud resistance, providing additional confluence where selling pressure could emerge and potentially cap any upward retracement.<\/p>\n\n\n\n

1st support: 178.00
Supporting reasons: Identified as a swing-low support, near the previous Fibonacci swing low, indicating an area where buying pressure could emerge and potentially stabilize the price.<\/p>\n\n\n\n

1st resistance: 185.89
Supporting reasons: Identified as a swing-high resistance, near the previous Fibonacci swing high, where selling pressure could emerge and potentially cap further upside.<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

<\/a>EUR\/GBP:<\/strong><\/h1>\n\n\n\n

Potential Direction: Bearish
Overall momentum of the chart: Bearish<\/p>\n\n\n\n

The price could see a short-term recovery before reversing lower and continuing its bearish move toward the 1st support.<\/p>\n\n\n\n

Pivot: 0.8614<\/p>\n\n\n\n

Supporting reasons: Identified as a pullback resistance near the 50% Fibonacci retracement, with additional resistance from the Ichimoku cloud, where selling pressure could emerge and potentially cap any upward retracement.<\/p>\n\n\n\n

1st support: 0.8454
Supporting reasons: Identified as a swing-low support, marking a previous area where buying pressure emerged, and price could potentially stabilize again.<\/p>\n\n\n\n

1st resistance: 0.8735
Supporting reasons: Identified as a swing high resistance, marking a previous reaction area where selling pressure could emerge and potentially cap further upside.<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

<\/a>GBP\/USD:<\/strong><\/h1>\n\n\n\n

Potential Direction: Bullish
Overall momentum of the chart: Bullish<\/p>\n\n\n\n

The price has already bounced from the support area and could continue its short-term bullish recovery toward the 1st resistance.<\/p>\n\n\n\n

Pivot: 1.3315<\/p>\n\n\n\n

Supporting reasons: Identified as an overlap support, with additional confluence from the nearby 50% Fibonacci retracement area, where renewed buying pressure could emerge and support a bullish recovery.<\/p>\n\n\n\n

1st support: 1.3163
Supporting reasons: Identified as a swing-low support, near the previous major low where buying pressure could emerge and potentially stabilize the price.<\/p>\n\n\n\n

1st resistance: 1.3482
Supporting reasons: Identified as a pullback resistance, where selling pressure could emerge and potentially cap the bullish recovery.<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

<\/a>GBP\/JPY:<\/strong><\/h1>\n\n\n\n

Potential Direction: Bearish<\/p>\n\n\n\n

Overall momentum of the chart: Bullish<\/p>\n\n\n\n

The price could see a short-term recovery before reversing lower and continuing its bearish move toward the 1st support.<\/p>\n\n\n\n

Pivot: 212.91
Supporting reasons: Identified as an overlap resistance that aligns with the 61.8% Fibonacci retracement and the Ichimoku cloud, strengthening this area as a potential resistance where selling pressure could emerge.<\/p>\n\n\n\n

1st support: 207.30
Supporting reasons: Identified as an overlap support, indicating a potential area where the price could stabilize once again.<\/p>\n\n\n\n

1st resistance: 219.57
Supporting reasons: Identified as a swing-high resistance, indicating a potential area that could halt any further upward movement.<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

<\/a>USD\/CHF:<\/strong><\/h1>\n\n\n\n

Potential Direction: Bullish<\/p>\n\n\n\n

Overall momentum of the chart: Bearish<\/p>\n\n\n\n

The price could see a short-term pullback before rebounding and continuing its bullish move toward the 1st resistance.<\/p>\n\n\n\n

Pivot: 0.8193
Supporting reasons: Identified as a pullback support, where renewed buying pressure could emerge to support further upside.<\/p>\n\n\n\n

1st support: 0.8049
Supporting reasons: Identified as a pullback support, with the Ichimoku cloud providing additional support confluence and indicating a potential area where the price could stabilize.<\/p>\n\n\n\n

1st resistance: 0.8367
Supporting reasons: Identified as a resistance that aligns with the 161.8% Fibonacci extension, indicating a potential area that could halt further upward movement.<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

<\/a>USD\/JPY:<\/strong><\/h1>\n\n\n\n

Potential Direction: Bearish<\/p>\n\n\n\n

Overall momentum of the chart: Bullish<\/p>\n\n\n\n

The price could see a short-term recovery before reversing lower and continuing its bearish move toward the 1st support.<\/p>\n\n\n\n

Pivot: 157.70
Supporting reasons: Identified as a pullback resistance that aligns with the 61.8% Fibonacci retracement and the Ichimoku cloud, strengthening this area as a potential resistance where selling pressure could emerge.<\/p>\n\n\n\n

1st support: 153.46
Supporting reasons: Identified as a swing low support, indicating a potential area where the price could stabilize once again.<\/p>\n\n\n\n

1st resistance: 160.43
Supporting reasons: Identified as an overlap resistance, indicating a potential area that could halt any further upward movement.<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

<\/a>USD\/CAD:<\/strong><\/h1>\n\n\n\n

Potential Direction: Bearish                                                                                                                                        <\/p>\n\n\n\n

Overall momentum of the chart: Bearish<\/p>\n\n\n\n

The price has already tested the pivot and could reverse lower, continuing its bearish move toward the 1st support.<\/p>\n\n\n\n

Pivot: 1.4003
Supporting reasons: Identified as a pullback resistance that aligns with the 50% Fibonacci retracement and the Ichimoku cloud, strengthening this area as a potential resistance where selling pressure could emerge.<\/p>\n\n\n\n

1st support: 1.3781
Supporting reasons: Identified as a multi-swing low support, indicating a potential area where the price could stabilize once again.<\/p>\n\n\n\n

1st resistance: 1.4129
Supporting reasons: Identified as a swing high resistance, indicating a potential area that could halt any further upward movement.<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

<\/a>AUD\/USD:<\/strong><\/h1>\n\n\n\n

Potential Direction: Bearish<\/p>\n\n\n\n

Overall momentum of the chart: Bullish<\/p>\n\n\n\n

The price could see a short-term recovery before reversing lower and continuing its bearish move toward the 1st support.<\/p>\n\n\n\n

Pivot: 0.7140
Supporting reasons: Identified as a pullback resistance, where selling pressure could emerge and potentially cap any upward recovery.<\/p>\n\n\n\n

1st support: 0.7049
Supporting reasons: Identified as a pullback support that aligns with the 50% Fibonacci retracement and the Ichimoku cloud, strengthening this area as a potential support where buying pressure could emerge.<\/p>\n\n\n\n

1st resistance: 0.7221
Supporting reasons: Identified as a swing high resistance, indicating a potential area that could halt any further upward movement.<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

<\/a>NZD\/USD<\/strong><\/h1>\n\n\n\n

Potential Direction: Bearish<\/p>\n\n\n\n

Overall momentum of the chart: Bullish<\/p>\n\n\n\n

The price could see a short-term recovery before reversing lower and continuing its bearish move toward the 1st support.<\/p>\n\n\n\n

Pivot: 0.5767
Supporting reasons: Identified as a pullback resistance, with the Ichimoku cloud providing additional resistance confluence, where selling pressure could emerge and potentially cap any upward recovery.<\/p>\n\n\n\n

1st support: 0.5633<\/p>\n\n\n\n

Supporting reasons: Identified as a swing low support, indicating a potential area where the price could stabilize once again.<\/p>\n\n\n\n

1st resistance: 0.5849
Supporting reasons: Identified as a pullback resistance, indicating a potential area that could halt any further upward movement.<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

<\/a> <\/strong><\/h1>\n\n\n\n

<\/a>US30 (DJIA):<\/strong><\/h1>\n\n\n\n

Potential Direction: Bearish<\/p>\n\n\n\n

Overall momentum of the chart: Bullish<\/p>\n\n\n\n

The price could see a short-term recovery before reversing lower and continuing its bearish move toward the 1st support.<\/p>\n\n\n\n

Pivot: 52,773.26
Supporting reasons: Identified as an overlap resistance, with the Ichimoku cloud providing additional resistance confluence, where selling pressure could emerge and potentially cap any upward recovery.<\/p>\n\n\n\n

1st support: 49,842.18
Supporting reasons: Identified as an overlap support that aligns with the 50% Fibonacci retracement, indicating a potential area where the price could stabilize once again.<\/p>\n\n\n\n

1st resistance: 54,724.41
Supporting reasons: Identified as a swing high resistance, indicating a potential area that could halt any further upward movement.<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

<\/a>DE40 (DAX):<\/strong><\/h1>\n\n\n\n

Potential Direction: Bearish<\/p>\n\n\n\n

Overall momentum of the chart: Bullish<\/p>\n\n\n\n

The price could see a short-term recovery before reversing lower and continuing its bearish move toward the 1st support.<\/p>\n\n\n\n

Pivot: 25,849.01
Supporting reasons: Identified as an overlap resistance, with the Ichimoku cloud providing additional resistance confluence, where selling pressure could emerge and potentially cap any upward recovery.<\/p>\n\n\n\n

1st support: 24,662.98
Supporting reasons: Identified as a multi-swing-low support, indicating a potential area where the price could stabilize once again.<\/p>\n\n\n\n

1st resistance: 26,577.55
Supporting reasons: Identified as a swing-high resistance, indicating a potential area that could halt any further upward movement.<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

<\/a>US500 (S&P 500):<\/strong><\/h1>\n\n\n\n

Potential Direction: Bullish<\/p>\n\n\n\n

Overall momentum of the chart: Bullish<\/p>\n\n\n\n

The price has already bounced off the pivot and could continue its bullish move toward the 1st resistance.<\/p>\n\n\n\n

Pivot: 7,578.69
Supporting reasons: Identified as an overlap support, with the Ichimoku cloud providing additional support confluence, where renewed buying pressure could emerge and push the price higher.<\/p>\n\n\n\n

1st support: 7,252.58
Supporting reasons: Identified as a swing low support, indicating a potential area where the price could stabilize once again.<\/p>\n\n\n\n

1st resistance: 7,816.80
Supporting reasons: Identified as a swing high resistance, indicating a potential area that could halt any<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

<\/a>BTC\/USD (Bitcoin):<\/strong><\/h1>\n\n\n\n

Potential Direction: Bearish<\/p>\n\n\n\n

Overall momentum of the chart: Bullish<\/p>\n\n\n\n

The price has already tested the pivot and could reverse lower, continuing its bearish move toward the 1st support.<\/p>\n\n\n\n

Pivot: 85,322.81
Supporting reasons: Identified as a pullback resistance that aligns with the 78.6% Fibonacci retracement and the Ichimoku cloud, strengthening this area as a potential resistance where selling pressure could emerge.<\/p>\n\n\n\n

1st support: 71,046.13<\/p>\n\n\n\n

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.<\/p>\n\n\n\n

1st resistance: 98,060.35<\/p>\n\n\n\n

Supporting reasons: Identified as a pullback resistance, indicating a potential area that could halt further upward movement.<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

<\/a>ETH\/USD (Ethereum):<\/strong><\/h1>\n\n\n\n

Potential Direction: Bearish<\/p>\n\n\n\n

Overall momentum of the chart: Bullish<\/p>\n\n\n\n

The price could see a short-term recovery before reversing lower and continuing its bearish move toward the 1st support.<\/p>\n\n\n\n

Pivot: 3,053.56
Supporting reasons: Identified as an overlap resistance that aligns with the 61.8% Fibonacci retracement, where selling pressure could emerge and potentially cap any upward recovery.<\/p>\n\n\n\n

1st support: 2,448.76<\/p>\n\n\n\n

Supporting reasons: Identified as a pullback support, indicating a potential level where the price could stabilize once more.<\/p>\n\n\n\n

1st resistance: 3,375.10
Supporting reasons: Identified as a swing high resistance, indicating a potential area that could halt any further upward movement.<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

<\/a>WTI\/USD (Oil):<\/strong><\/h1>\n\n\n\n

Potential Direction: Bullish<\/p>\n\n\n\n

Overall momentum of the chart: Bullish<\/p>\n\n\n\n

The price could see a short-term pullback before continuing its bullish move toward the 1st resistance.<\/p>\n\n\n\n

Pivot: 93.50
Supporting reasons: Identified as a pullback support that aligns closely with the 50.00% Fibonacci retracement, with the Ichimoku cloud providing additional support confluence, where renewed buying pressure could emerge to push the price higher.<\/p>\n\n\n\n

1st support: 87.57
Supporting reasons: Identified as a pullback support, indicating a potential area where the price could stabilize once again.<\/p>\n\n\n\n

1st resistance: 108.04
Supporting reasons: Identified as a swing high resistance, indicating a potential area that could halt any further upward movement.<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

<\/a>XAU\/USD (GOLD):<\/strong><\/h1>\n\n\n\n

Potential Direction: Bearish<\/p>\n\n\n\n

Overall momentum of the chart: Bullish<\/p>\n\n\n\n

The price could see a short-term recovery toward the pivot before reversing lower and continuing its bearish move toward the 1st support.<\/p>\n\n\n\n

Pivot: 4,483.62
Supporting reasons: Identified as a pullback resistance that aligns closely with the 50.00% Fibonacci retracement, with the Ichimoku cloud providing additional resistance confluence, where selling pressure could intensify and potentially cap any upward retracement.<\/p>\n\n\n\n

1st support: 4,197.13
Supporting reasons: Identified as a pullback support that aligns near the 61.8% Fibonacci retracement area, indicating a potential area where the price could stabilize once again.<\/p>\n\n\n\n

1st resistance: 4,669.68
Supporting reasons: Identified as a swing high resistance, indicating a potential area that could halt any further upward movement.<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

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  DXY (U.S. Dollar Index): Potential Direction: Bearish Overall momentum of […]<\/p>\n","protected":false},"author":8,"featured_media":79407,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[340,216,215,339,195],"tags":[],"class_list":["post-83956","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured-posts","category-forex-news-daily","category-market-analysis","category-recent-posts","category-technical-analysis"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t