DXY:
The DXY (US Dollar Index) chart currently has a bearish overall momentum, suggesting the potential for a bearish reaction off the 1st resistance and a drop towards the 1st support.
The 1st support at 104.86 is identified as an overlap support, and it also aligns with the 127.20% Fibonacci Extension level, indicating it could be a significant level where the price might find some buying interest.
The 2nd support at 104.40 is considered an overlap support as well, and it coincides with the 161.80% Fibonacci Extension level, further reinforcing its potential as a support level.
On the resistance side, the 1st resistance at 105.39 is categorized as a pullback resistance, suggesting it could act as a level where the price may face selling pressure.
The 2nd resistance at 105.94 is also identified as a pullback resistance, indicating another potential level where the price may encounter obstacles in its upward movement.
EUR/USD:
The EUR/USD chart currently has a bearish overall momentum, suggesting the potential for a bearish continuation towards the 1st support.
The 1st support at 1.0678 is identified as a pullback support, indicating it could be a significant level where the price might find some buying interest.
The 2nd support at 1.0606 is also considered a support level, and it coincides with the 61.80% Fibonacci Retracement level, further reinforcing its potential as a support zone.
On the resistance side, the 1st resistance at 1.0759 is categorized as a multi-swing high resistance, suggesting it could act as a level where the price may face selling pressure.
The 2nd resistance at 1.0835 is identified as a pullback resistance, indicating another potential level where the price may encounter obstacles in its upward movement.
GBP/USD:
The GBP/USD chart currently has a bearish overall momentum, suggesting the potential for a bearish continuation towards the 1st support.
The 1st support at 1.2321 is identified as a pullback support, indicating it could be a significant level where the price might find some buying interest.
The 2nd support at 1.2266 is also considered a pullback support, adding to the potential support zone.
On the resistance side, the 1st resistance at 1.2447 is categorized as an overlap resistance, and it coincides with the 161.80% Fibonacci Extension level, suggesting it could act as a level where the price may face selling pressure.
The 2nd resistance at 1.2533 is also identified as an overlap resistance, further reinforcing its potential as a resistance level.
USD/JPY:
The USD/JPY chart currently has a bearish overall momentum, suggesting the potential for a bearish reaction off the 1st resistance level and a drop towards the 1st support level.
The 1st support at 148.40 is identified as an overlap support, indicating it could be a significant level where the price might find some buying interest.
The 2nd support at 147.45 is also considered an overlap support, further reinforcing its potential as a support level.
On the resistance side, the 1st resistance at 149.99 is categorized as a pullback resistance, suggesting it could act as a level where the price may face selling pressure.
The 2nd resistance at 150.79 is identified as a pullback resistance and coincides with the 61.80% Fibonacci Retracement level, indicating it could be a strong resistance level where the price may encounter obstacles in its upward movement.
Intermediate support at 148.99 is noted as a swing low support, adding another potential support level to watch for price movements.
USD/CAD:
The USD/CAD chart is currently exhibiting a bearish overall momentum, indicating the potential for a bearish reaction off the 1st resistance level and a subsequent drop towards the 1st support level.
The 1st support level at 1.3576 is considered a significant level as it is a multi-swing low support and is further reinforced by the presence of the 61.80% Fibonacci Retracement, suggesting that it may act as a strong support zone where buyers could become active.
In addition, the 2nd support level at 1.3523 is categorized as a pullback support, adding to its potential as a level where the price could find support and reverse its downward movement.
On the resistance side, the 1st resistance level at 1.3738 is identified as a pullback resistance, indicating it could serve as a level where the price encounters selling pressure and potentially reverses.
Furthermore, the 2nd resistance level at 1.3805 is also considered a pullback resistance, reinforced by the presence of the 61.80% Fibonacci Retracement, suggesting that it may act as a strong resistance zone.
Intermediate support at 1.3642 is noted as a swing low support, providing an additional support level to watch
AUD/USD:
The AUD/USD chart is currently characterized by a bearish overall momentum, indicating the potential for a bearish continuation towards the 1st support level.
The 1st support level at 0.6455 is identified as a pullback support, suggesting it could be a significant level where the price might find buying interest and potentially reverse its downward movement.
Additionally, the 2nd support level at 0.6392 is also categorized as a pullback support, reinforcing its potential as a level of support for the price.
On the resistance side, the 1st resistance level at 0.6517 is considered an overlap resistance, implying that it could act as a level where the price encounters selling pressure.
Furthermore, the 2nd resistance level at 0.6607 is categorized as a swing high resistance, indicating another potential obstacle for the price’s upward movement.
NZD/USD:
The NZD/USD chart currently exhibits a bearish overall momentum, suggesting the potential for a bearish continuation towards the 1st support level.
The 1st support level at 0.5930 is identified as a pullback support, indicating it could serve as a significant level where the price may find buying interest and potentially reverse its downward movement.
Further down, the 2nd support at 0.5864 is also categorized as a pullback support, reinforcing its potential significance as a level of support.
On the resistance side, the 1st resistance at 0.6002 is considered an overlap resistance, suggesting that it could act as a level where the price encounters selling pressure.
Similarly, the 2nd resistance at 0.6056 is categorized as a swing high resistance, indicating another potential level where the price may face obstacles in its upward movement.
