DXY:
The DXY (US Dollar Index) chart currently has an overall bearish overall momentum, suggesting the potential for a bearish continuation towards the 1st support.
The 1st support level at 102.82 is identified as an overlap support that coincides with the 78.60% Fibonacci projection level. Further below, the 2nd support level at 101.89 is also marked an overlap support, further reinforcing its potential as a support level.
On the resistance side, the 1st resistance level at 104.54 is categorized as an overlap resistance. Higher up, the 2nd resistance level at 105.96 is also noted as an overlap resistance, potentially acting as a barrier to further upward movement.
EUR/USD:
The EUR/USD chart currently has an overall bullish momentum, suggesting a potential for a bullish continuation towards the 1st resistance. However, the Relative Strength Index (RSI) is showing a bearish divergence versus the price, suggesting a potential scenario for price to reverse and fall lower.
The 1st support level at 1.0937 is identified as a pullback support. Further below, the 2nd support level at 1.0883 is also marked as a pullback support, indicating a level where the bearish movement could be halted.
On the resistance side, the 1st resistance level at 1.1048 is identified as a pullback resistance. Higher up, the 2nd resistance level at 1.1139 is also marked as a pullback resistance, further reinforcing its potential as a resistance zone.
GBP/USD:
The GBP/USD chart currently has an overall bullish momentum, suggesting a potential for a bullish continuation towards the 1st resistance. However, the Relative Strength Index (RSI) is showing a bearish divergence versus the price, suggesting a potential scenario for price to reverse and fall lower.
The 1st support level at 1.2398 is identified as an overlap support. Further below, the 2nd support level at 1.2206 is marked as a pullback support, indicating a level where the bearish movement could be halted.
On the resistance side, the 1st resistance level at 1.2588 is identified as an overlap resistance that aligns with a confluence of Fibonacci levels i.e. the 50.00% retracement and the 61.80% projection levels. Higher up, the 2nd resistance level at 1.2733 is marked as a pullback resistance that aligns with the 61.80% Fibonacci retracement level, further reinforcing its potential as a resistance level.
USD/JPY:
The USD/JPY chart currently has an overall bearish momentum, suggesting the potential for a bearish continuation towards the 1st support.
The 1st support level at 147.49 is identified as an overlap support that coincides with the 161.80% Fibonacci extension level. Further below, the 2nd support level at 146.19 is noted as a pullback support that aligns with the 38.20% Fibonacci retracement level, potentially acting as a strong barrier against further bearish momentum.
On the resistance side, the intermediate resistance level at 148.55 is identified as a pullback resistance while the 1st resistance level at 149.02 is also categorized as a pullback resistance.Higher up, the 2nd resistance level at 150.38 is noted as a pullback resistance, potentially acting as a barrier to further upward movement.
USD/CAD:
The USD/CAD chart currently exhibits an overall bearish momentum, indicating the potential for a bearish continuation towards the 1st support should price break below the intermediate support.
The intermediate support level at 1.3697 is identified as a pullback support while the 1st support level at 1.3666 is also considered as a pullback support. Further below, the 2nd support level at 1.3629 is identified as a swing-low support that aligns with the 78.60% Fibonacci projection level, further reinforcing the potential for price to find support in this region.
On the resistance side, the 1st resistance level at 1.3769 is categorized as an overlap resistance that aligns close to the 61.80% Fibonacci retracement level. Higher up, the 2nd resistance level at 1.3822 is also noted as an overlap resistance, potentially acting as a barrier to further upward movement.
AUD/USD:
The AUD/USD chart currently has overall bullish momentum, suggesting the potential for a bullish continuation towards the 1st resistance. However, the Relative Strength Index (RSI) is showing a bearish divergence versus the price, suggesting a potential scenario for price to reverse and fall lower.
The 1st resistance level at 0.6585 is categorized as a pullback resistance that coincides with the 127.20% Fibonacci extension level. Higher up, the 2nd resistance level at 0.6643 is also noted as a pullback resistance that coincides with the 16.80% Fibonacci extension level, indicating a potential level where price may halt its bullish momentum.
To the downside, the 1st support level at 0.6522 is identified as a pullback support. Further below, the 2nd support level at 0.6455 is noted as an overlap support, indicating a zone where price may find strong support.
NZD/USD:
The NZD/USD chart currently has an overall bullish momentum, suggesting the potential for a bullish continuation towards the 1st resistance. However, the Relative Strength Index (RSI) is showing a bearish divergence versus the price, suggesting a potential scenario for price to reverse and fall lower.
The 1st support at 0.6049 is identified as a pullback support. Further below, the 2nd support level at 0.6012 is noted as an overlap support where price may potentially find strong support around this zone.
To the upside, the 1st resistance level at 0.6094 is categorized as a pullback resistance that aligns with a confluence of Fibonacci levels i.e. the 127.20% extension and the 78.60% projection levels, potentially acting as a barrier to further upward movement.
