DXY:
The DXY chart currently displays bullish momentum, as the price is above the bullish Ichimoku cloud, suggesting a potential bullish continuation towards the 1st resistance.
The 1st support at 105.73, noted as an overlap support, aligns with the 38.20% Fibonacci Retracement, enhancing its significance as a strong support zone. Similarly, the 2nd support at 105.40 is another overlap support, coinciding with the 61.80% Fibonacci Retracement, bolstering its importance as a key support level.
On the resistance side, the 1st resistance is found at 106.49, identified as a pullback resistance, acting as a potential barrier to upward movements. Above this, the 2nd resistance at 106.85 is a swing high resistance, associated with the 78.60% Fibonacci Projection, further marking its importance as a significant resistance level. An intermediate resistance is also present at 106.24, recognized as a multi-swing high resistance, underscoring its potential role in the current bullish scenario.
EUR/USD:
The EUR/USD chart is presently demonstrating bearish momentum, with the expectation of a potential bearish continuation heading towards the 1st support. The 1st support at 1.0542 is noteworthy, acting as a swing low support with both a 161.80% Fibonacci Extension and a 100% Fibonacci Projection, exhibiting Fibonacci confluence. The 2nd support is identified at 1.0524 and is distinguished as another crucial swing low support.
On the resistance end, the 1st resistance level is located at 1.0695, recognized as a swing high resistance and aligning with the 38.20% Fibonacci Retracement, indicating its potential significance in the market’s dynamic. Following this, the 2nd resistance at 1.0631 serves as a pullback resistance, aligning with the 61.80% Fibonacci Retracement, further reinforcing its importance. An intermediate resistance is also pinpointed at 1.0576, acknowledged as an overlap resistance
GBP/USD:
The GBP/USD chart currently indicates a bearish momentum, influenced by the price being below the bearish Ichimoku cloud. The price could break below the intermediate support level and make a bearish continuation towards the 1st support level.
The intermediate support level at 1.2121 is identified as a level that aligns with the 100.00% Fibonacci projection level while the 1st support level at 1.2010 is marked as a swing-low support.
On the resistance side, the 1st resistance level at 1.2193 is identified as an overlap resistance. Additionally, the 2nd resistance level at 1.2236 is noted as pullback resistance, indicating a potential barrier for further price increases.
USD/JPY:
The USD/JPY chart is currently showing a bullish trend. There is a possibility that the price might experience a bullish continuation towards the 1st resistance level.
The 1st resistance level at 149.13 is identified as a pullback resistance that aligns with the 161.80% Fibonacci projection level. Further up, the 2nd resistance level at 150.19 is marked as a swing-high resistance.
To the downside, the 1st support level at 148.47 is identified as a pullback support that aligns with the 38.20% Fibonacci retracement level. Further below, the 2nd support level at 147.95 is noted as an overlap support that aligns with the 61.80% Fibonacci retracement level.
USD/CAD:
The chart for USD/CAD is currently indicating an overall bullish momentum. In this scenario, there is a potential for a bullish continuation towards the 1st resistance level should price break above the intermediate resistance level.
The intermediate resistance level at 1.3524 is identified as a pullback resistance that aligns with the 78.60% Fibonacci projection level while the 1st resistance level at 1.3542 is noted as a pullback resistance that aligns with a confluence of Fibonacci levels i.e. the 50.00% retracement and the 100.00% projection levels. Additionally, the 2nd resistance level at 1.3585 is marked as a pullback resistance that aligns with the 61.80% Fibonacci retracement level.
To the downside, the 1st support level at 1.3489 is identified as a pullback support. Further below, the 2nd support level at 1.3446 is also noted as a pullback support, suggesting a potential strong support level in the past.
AUD/USD:
The AUD/USD chart is currently displaying an overall bearish momentum, suggesting that price may continue its bearish movement towards the 1st support level.
The 1st support level at 0.6385 is identified as a pullback support while the 2nd support level at 0.6364 is also noted as a pullback support that aligns with a confluence of Fibonacci levels i.e. the 127.20% extension and 78.60% projection levels.
To the upside, the 1st resistance level at 0.6428 is identified as an overlap resistance. Further up, the 2nd resistance level at 0.6458 is marked as a swing-high resistance that aligns with the 61.80% Fibonacci retracement level.
NZD/USD
The NZD/USD chart is currently showing an overall bearish momentum, suggesting that the price may break below the 1st support level and make a bearish continuation towards the 2nd support level.
The 1st support level at 0.5944 is identified as an overlap support that aligns with the 50.00% Fibonacci retracement level. Additionally, the 2nd support level at 0.5896 is marked as a pullback support which could potentially act as a major support zone.
To the upside, the 1st resistance level at 0.5984 is identified as a multi-swing-high resistance that aligns with the 78.60% Fibonacci retracement level. Further up, the 2nd resistance level at 0.6001 is also marked as a multi-swing-high resistance that coincides with the 127.20% Fibonacci extension level.
