DXY:
The DXY chart currently exhibits a bullish momentum, suggesting the potential for a bullish bounce off the 1st support level and a move towards the 1st resistance.
The 1st support at 106.01 is considered significant as it aligns with a pullback support level and coincides with the 61.80% Fibonacci Retracement level. This confluence of technical factors makes it a strong potential support zone. Additionally, the 2nd support at 105.56 is identified as a multi-swing low support level, further reinforcing its credibility as a potential support area.
On the resistance side, the 1st resistance at 106.72 is characterized as a swing high resistance, which could potentially act as a barrier to the bullish momentum. Beyond this, the 2nd resistance at 106.98 is identified as an overlap resistance level and coincides with the 78.60% Fibonacci Retracement level.
EUR/USD:
The EUR/USD chart currently exhibits a bearish momentum, suggesting the potential for a bearish continuation towards the 1st support level.
The 1st support at 1.0525 is considered significant as it aligns with an overlap support level and coincides with the 50% Fibonacci Retracement level, providing strong potential support. Additionally, the 2nd support at 1.0493 is identified as another overlap support level and aligns with the 78.60% Fibonacci Retracement level, further reinforcing its credibility as a potential support area.
On the resistance side, the 1st resistance at 1.0561 is characterized as an overlap resistance level and aligns with the 50% Fibonacci Retracement level. This level could potentially act as a barrier to the bearish momentum. Beyond this, the 2nd resistance at 1.0591 is identified as a pullback resistance and coincides with the 61.80% Fibonacci Retracement level.
GBP/USD:
The GBP/USD chart currently exhibits bearish momentum, indicating the potential for a bearish continuation towards the 1st support level.
The 1st support at 1.2121 is considered significant as it aligns with a swing low support level and coincides with the 78.60% Fibonacci Retracement level, providing strong potential support for the price. Additionally, the 2nd support at 1.2063 is identified as a multi-swing low support, further reinforcing its credibility as a potential support area.
On the resistance side, the 1st resistance at 1.2224 is characterized as an overlap resistance level and aligns with the 50% Fibonacci Retracement level. This level could potentially act as a barrier to the bearish momentum. Similarly, the 2nd resistance at 1.2227 is identified as an overlap resistance.
Intermediate support is also noted at 1.2174, which is described as a pullback support level and aligns with the 50% Fibonacci Retracement level.
USD/JPY:
The USD/JPY chart currently displays bullish momentum, with the potential scenario of a bullish continuation towards the 1st resistance level.
The 1st support at 149.30 is considered significant, as it aligns with an overlap support level. Additionally, the 2nd support at 148.93 is identified as an overlap support and coincides with the 50% Fibonacci Retracement level, providing a strong foundation of potential support.
On the resistance side, the 1st resistance at 149.83 is characterized as a multi-swing high resistance level. Beyond this, the 2nd resistance at 150.15 is noted as a swing high resistance.
USD/CAD:
The USD/CAD chart currently exhibits a bullish momentum, with price finding support within the bullish Ichimoku cloud. There is a potential scenario for price to make a bullish continuation towards the 1st resistance level.
The 1st resistance level at 1.3692 is identified as an overlap resistance that aligns with a confluence of Fibonacci levels i.e. the 61.80% retracement and the 78.60% projection levels. Higher up, the 2nd resistance level at 1.3784 is noted as a swing-high resistance, potentially acting as a barrier to further bullish advances.
To the downside, the intermediate support level at 1.3607 is identified as an overlap support while the 1st support level at 1.3578 is marked as a pullback support. Additionally, the 2nd support level at 1.3542 is also noted as a pullback support, adding to its significance as a potential support zone.
AUD/USD:
The AUD/USD chart currently exhibits a bullish momentum, indicating a potential scenario of a bullish continuation towards the 1st resistance level.
The 1st resistance level at 0.6389 is identified as an overlap resistance that aligns with a confluence of Fibonacci levels i.e. the 61.80% retracement and the 61.80% projection levels. Beyond this, the 2nd resistance level at 0.6445 is noted as a swing-high resistance, making it a potentially strong resistance level.
To the downside, the intermediate support level at 0.6347 is identified as a pullback support while the 1st support level at 0.6326 is noted as an overlap support. Additionally, the 2nd support level at 0.6286 is marked as a multi-swing-low support, further reinforcing its importance as a potential support area.
NZD/USD:
The NZD/USD chart currently exhibits a bearish momentum, suggesting a potential scenario for price to make a bearish continuation towards the 1st support level should price break under the intermediate support.
The intermediate support level at 0.5882 is identified as a pullback support while the 1st support level at 0.5866 is also noted as pullback support that aligns close to the 127.20% Fibonacci extension level, indicating a potential support zone.
To the upside, the 1st resistance level at 0.5926 is identified as an overlap resistance. Beyond this, the 2nd resistance level at 0.5966 is also marked as an overlap resistance that aligns with the 50.00% Fibonacci retracement level, making it a potentially strong resistance level.
