DXY: The DXY (US Dollar Index) chart currently shows bullish momentum and suggests a potential scenario of a bullish bounce off the 1st support level, with a subsequent move towards the 1st resistance. The 1st support at 105.68 is significant as it is a multi-swing low support, indicating a potential area for buying interest. The 2nd support at 105.36 is also an overlap support, further reinforcing its importance as a potential level for price rebounds. On the resistance side, the 1st resistance level at 106.03 is an overlap resistance and could act as a strong barrier to upward price movement. The 2nd resistance at 106.54 is also an overlap resistance, adding to its significance as a potential area for selling pressure.
EUR/USD: The EUR/USD chart currently shows bearish momentum, suggesting a potential scenario of a bearish reaction off the 1st resistance level, followed by a drop towards the 1st support. The 1st support at 1.0584 is significant as it is an overlap support, indicating a potential area for buying interest. The 2nd support at 1.0526 is also an overlap support, reinforcing its importance as a potential level for price rebounds. On the resistance side, the 1st resistance level at 1.0629 is an overlap resistance, indicating it could serve as a strong barrier to upward price movement. The 2nd resistance at 1.0674 is also an overlap resistance and coincides with the 127.20% Fibonacci Extension level, further adding to its significance as a potential area for selling pressure.
EUR/JPY: The EUR/JPY chart currently demonstrates bearish momentum, suggesting a potential scenario of a bearish reaction off the 1st resistance level, followed by a drop towards the 1st support. The 1st support at 158.01 is significant as it is an overlap support, indicating a potential area for buying interest. The 2nd support at 156.66 is also an overlap support, reinforcing its importance as a potential level for price rebounds. On the resistance side, the 1st resistance level at 158.50 is a multi-swing high resistance, making it a robust level where selling pressure may intensify. Beyond this, the 2nd resistance at 159.28 is associated with the 161.80% Fibonacci Retracement, adding to its significance as a potential area for selling pressure.
EUR/GBP: The EUR/GBP chart is currently exhibiting neutral momentum, indicating the potential scenario of price fluctuating between the 1st resistance and the 1st support level. The 1st support at 0.8615 is significant as it is an overlap support, which may attract buying interest and act as a potential area for price bounce. The 2nd support at 0.8597 is also an overlap support, reinforcing its importance as a level where price could find support. On the resistance side, the 1st resistance level at 0.8637 is an overlap resistance, indicating a zone where selling pressure may increase. Beyond this, the 2nd resistance at 0.8658 is associated with a multi-swing high resistance, making it another key level where sellers may become more active.
GBP/USD: The GBP/USD chart currently exhibits bearish momentum, suggesting a potential scenario of a bearish reaction off the 1st resistance level, followed by a drop towards the 1st support. The 1st support at 1.2259 is significant as it is an overlap support, indicating that it may act as a level where buying interest could emerge. The 2nd support at 1.2176 is also an overlap support, reinforcing its importance as a potential level for price rebounds. On the resistance side, the 1st resistance level at 1.2337 is a swing high resistance, and it’s noteworthy for being located at the 127.20% Fibonacci Extension level, suggesting it could serve as a strong barrier to upward price movement. The 2nd resistance at 1.2418 is also a swing high resistance and is positioned at the 161.80% Fibonacci Extension level, further adding to its significance as a potential area for selling pressure.
GBP/JPY: The GBP/JPY chart currently exhibits bullish momentum, suggesting the potential scenario of a bullish continuation towards the 1st resistance. The 1st support at 182.95 is significant as it is a pullback support level. This support area may attract buying interest and provide a potential bounce for the price. The 2nd support at 181.17 is characterized as an overlap support, reinforcing its importance as a level where price could find support. On the resistance side, the 1st resistance level at 194.21 is an overlap resistance, indicating a zone where selling pressure may increase. This level also coincides with both the 127.20% Fibonacci Extension and the 61.80% Fibonacci Projection, signifying a potential Fibonacci confluence zone, which could make it a strong resistance area. Beyond this, the 2nd resistance at 185.77 is associated with swing high resistance.
USD/CHF: The USD/CHF chart currently exhibits bullish momentum, suggesting a potential scenario of a bullish bounce off the 1st support level, followed by a move towards the 1st resistance. The 1st support at 0.9012 is significant as it is a pullback support and coincides with the 161.80% Fibonacci Extension level. This suggests that it may act as a strong level of support where buying interest could emerge. The 2nd support at 0.8934 is an overlap support, reinforcing its importance as a potential level for price rebounds. On the resistance side, the 1st resistance level at 0.9094 is an overlap resistance, indicating that it may serve as a barrier to upward price movement. Beyond this, the 2nd resistance at 0.9178 is characterized as a multi-swing high resistance, further adding to its significance as a potential area for selling pressure.
USD/JPY: The USD/JPY chart currently exhibits bearish momentum, suggesting a potential scenario of a bearish reaction off the 1st resistance level, followed by a drop towards the 1st support. The 1st support at 148.40 is significant as it is an overlap support, potentially acting as a strong level where buying interest could emerge. The 2nd support at 147.49 is an overlap support, reinforcing its importance as a potential level for price rebounds. On the resistance side, the 1st resistance level at 149.44 is a swing high resistance, and it coincides with the 100% Fibonacci Projection, making it a robust level of resistance where selling pressure may intensify. The 2nd resistance at 149.90 is a multi-swing high resistance and aligns with the 127.20% Fibonacci Extension, further adding to its significance as a potential area for selling pressure.
USD/CAD: The USD/CAD chart is currently showing a neutral momentum with a potential scenario for price to fluctuate between the intermediate resistance and the 1st support levels. The 1st support level at 1.3576 is identified as a pullback support. Additionally, the 2nd support level at 1.3523 is also noted as a pullback support, further reinforcing its significance as an area where the price may find support. To the upside, the intermediate resistance at 1.3619 is identified as a pullback resistance that aligns with the 23.60% Fibonacci retracement level. Higher up, the 1st resistance level at 1.3680 is also marked as a pullback resistance that aligns with the 50.00% Fibonacci retracement level, further emphasizing its significance as a barrier for future price increases.
AUD/USD: The AUD/USD chart currently exhibits a neutral momentum with a potential scenario for price to fluctuate between the 1st resistance and the 1st support levels. The 1st support level at 0.6394 is identified as an overlap support that aligns with the 38.20% Fibonacci retracement level. Further below, the 2nd support level at 0.6348 is marked as a pullback support that aligns with the 78.60% Fibonacci retracement level, reinforcing its importance as a potential support level. To the upside, the 1st resistance level at 0.6439 is identified as a pullback resistance. Additionally, the 2nd resistance level at 0.6493 is noted as a swing-high resistance, further emphasizing its significance as a barrier for future price increases.
NZD/USD: The NZD/USD chart currently exhibits an overall bearish momentum with a potential scenario
