DXY:
The DXY chart currently exhibits a bearish overall momentum, and there is a potential scenario for a bearish continuation towards the 1st support level.
The 1st support at 105.38 is considered significant as it aligns with an overlap support level. Additionally, the 2nd support at 104.42 is identified as an overlap support, providing a strong foundation of potential support.
On the resistance side, the 1st resistance at 106.15 is characterized as pullback resistance. Beyond this, the 2nd resistance at 106.75 is identified as an overlap resistance.
EUR/USD:
The EUR/USD chart currently has a bullish overall momentum, and there is a potential scenario for a bullish continuation towards the 1st resistance level.
The 1st support at 1.0631 is considered a strong level as it aligns with a pullback support. Additionally, the 2nd support at 1.0561 is identified as an overlap support, providing further potential support.
On the resistance side, the 1st resistance at 1.0734 is characterized as a swing high resistance, and beyond this, the intermediate resistance at 1.0675 is identified as an overlap resistance and coincides with the 100% Fibonacci Projection.
GBP/USD:
The GBP/USD chart currently exhibits bearish overall momentum, and there is a potential scenario for a bearish reaction off the 1st resistance level with a drop towards the 1st support.
The 1st support at 1.2122 is considered significant as it aligns with an overlap support, and the 2nd support at 1.2061 is identified as a multi-swing low support, providing additional potential support.
On the resistance side, the 1st resistance at 1.2270 is characterized as a pullback resistance, and beyond this, the 2nd resistance at 1.2337 is identified as a swing high resistance. There is also an intermediate support level at 1.2212, which can act as pullback support.
USD/JPY:
The USD/JPY chart currently exhibits bearish overall momentum, and there is a potential scenario for a bearish continuation towards the 1st support level.
The 1st support at 149.41 is considered significant as it aligns with an overlap support level, indicating a potential area of price support. Additionally, the 2nd support at 148.41 is also identified as an overlap support, further reinforcing the potential for a bearish move.
On the resistance side, the 1st resistance at 149.97 is characterized as a multi-swing high resistance level, suggesting potential price barriers for an upward movement.
USD/CAD:
The USD/CAD chart currently exhibits an overall bearish momentum. Should price break below the intermediate support, there is a potential scenario for price to make a bearish continuation towards the 1st support level.
The intermediate support level at 1.3669 is identified as a pullback support. Further below, the 1st support level at 1.3578 is marked as a major pullback support that aligns close to the 61.80% Fibonacci retracement level, adding to its significance as a potential support zone.
To the upside, the 1st resistance level at 1.3737 is identified as a pullback resistance. Higher up, the 2nd resistance level at 1.3786 is marked as a swing-high resistance, potentially acting as a barrier to further bullish advances.
AUD/USD:
The AUD/USD chart currently exhibits an overall bullish momentum. Price could make a further bullish continuation towards the 2nd resistance level should it break above the 1st resistance level.
The 1st resistance level at 0.6347 is identified as a pullback resistance. Higher up, the 2nd resistance level at 0.6382 is marked as a swing-high resistance that aligns with the 61.80% Fibonacci retracement level, making it a potentially strong resistance level.
To the downside the 1st support level at 0.6294 is identifed as a multi-swing-low support. Additionally, the 2nd support level at 0.6272 is also noted as a multi-swing-low support, further reinforcing its importance as a potential support area.
NZD/USD:
The NZD/USD chart currently exhibits an overall bullish momentum. Price could make a further bullish continuation towards the 2nd resistance level should it break above the 1st resistance level.
The 1st resistance level at 0.5859 is identified as an overlap resistance that aligns close to the 23.60% Fibonacci retracement level. Higher up, the 2nd resistance level at 0.5934 is also marked as an overlap resistance that aligns with the 50.00% Fibonacci retracement level, making it a potentially strong resistance level.
To the downside the 1st support level at 0.5816 is identifed as a pullback support. Additionally, the 2nd support level at 0.5758 is noted as a support level that aligns with the 161.80% Fibonacci extension level, further reinforcing its importance as a potential support area.
