DXY: The DXY (US Dollar Index) chart is currently showing a bearish momentum, with a potential scenario for a bearish continuation towards the 1st support level. The 1st support at 105.68 is significant as it is an overlap support, making it an important level for potential price support. Additionally, the 2nd support at 105.09 is a pullback support, further strengthening its significance as a potential area for price support. On the resistance side, the 1st resistance level at 107.13 is a multi-swing high resistance, indicating its potential role as a barrier to upward movements. Beyond this, the 2nd resistance at 107.75 is a swing high resistance. There is also an intermediate support at 106.34, which is a pullback support associated with the 61.80% Fibonacci Retracement level, adding another layer of potential support for price movements.
EUR/USD: The EUR/USD chart currently has a bearish overall momentum, with a potential scenario for a bearish reaction off the 1st resistance level, leading to a drop towards the 1st support. The 1st support at 1.0478 is significant as it is a pullback support, making it an important level for potential price support. Additionally, the 2nd support at 1.0387 is a swing low support, further reinforcing its significance as a potential area for price support. On the resistance side, the 1st resistance level at 1.0552 is a pullback resistance, associated with the confluence of the 61.80% Fibonacci Retracement and the 78.60% Fibonacci Projection, indicating strong Fibonacci confluence and suggesting it may act as a barrier to upward movements. Beyond this, the 2nd resistance at 1.0633 is an overlap resistance.
EUR/JPY: The EUR/JPY chart currently shows bearish momentum, suggesting a potential scenario of a bearish reaction off the 1st resistance level and a subsequent drop towards the 1st support level. The 1st support at 155.91 is significant as it is an overlap support, indicating a potential area where buying interest may arise. Additionally, the 2nd support at 154.41 is a swing low support, further reinforcing its importance as a potential level for price rebounds. On the resistance side, the 1st resistance level at 156.75 is an overlap resistance accompanied by the presence of the 61.80% Fibonacci Retracement, suggesting it could act as a strong barrier to upward price movement. Beyond this, the 2nd resistance at 158.49 is a multi-swing high resistance, adding to its significance as a potential area where selling pressure may emerge.
EUR/GBP: The EUR/GBP chart currently shows a bullish overall momentum, indicating a potential scenario of a bullish continuation towards the 1st resistance level. The 1st support at 0.8646 is significant as it is a multi-swing low support, suggesting it could act as a key level for potential price rebounds. Additionally, the 2nd support at 0.8635 is an overlap support, reinforcing its importance as a level where buying interest may emerge. On the resistance side, the 1st resistance level at 0.8675 is a multi-swing high resistance, signifying a potential area where price might encounter selling pressure. Beyond this, the 2nd resistance at 0.8699 is also a multi-swing high resistance, further supporting the idea of potential upward price movement.
GBP/USD: The GBP/USD chart currently shows a bullish overall momentum, with a potential scenario of a bullish continuation towards the 1st resistance. The 1st support at 1.2124 is significant as it is an overlap support, making it an important level for potential price support. Additionally, the 2nd support at 1.2067 is a multi-swing low support, further reinforcing its significance as a potential area for price support. On the resistance side, the 1st resistance level at 1.2267 is an overlap resistance associated with the 78.60% Fibonacci Projection, suggesting it may act as a barrier to upward movements. Beyond this, there is an intermediate resistance at 1.2199, which aligns with the 78.60% Fibonacci Projection as well.
GBP/JPY: The GBP/JPY chart currently shows bearish overall momentum, suggesting a potential scenario of a bearish reaction off the 1st resistance level with a subsequent drop towards the 1st support. The 1st support at 179.89 is significant as it is a multi-swing low support, indicating its potential role as a key level for potential price rebounds. Additionally, the 2nd support at 178.05 is a swing low support and is further reinforced by the presence of the 61.80% Fibonacci Projection, making it a notable support level. On the resistance side, the 1st resistance level at 181.16 is a multi-swing high resistance marked by the 61.80% Fibonacci Retracement level. Beyond this, the 2nd resistance at 181.84 is a pullback resistance, indicating a potential area where price might encounter selling pressure.
USD/CHF: The USD/CHF chart currently shows a bearish overall momentum, with a potential scenario of a bearish continuation towards the 1st support. The 1st support at 0.9104 is significant as it is an overlap support and also aligns with the 100% Fibonacci Projection, indicating its importance as a potential level for price support. Additionally, the 2nd support at 0.9054 is categorized as a support level, specifically the 127.20% Fibonacci Extension, further reinforcing its significance as an area where the price may find support. On the resistance side, the 1st resistance level at 0.9226 is a multi-swing high resistance and is associated with the 50% Fibonacci level, potentially acting as a barrier to price increases.
USD/JPY: The USD/JPY chart currently shows bearish momentum, but there is a potential short-term scenario of a price rise towards the 1st resistance level before reversing and moving towards the 1st support. The 1st support at 148.39 is significant as it is an overlap support. Additionally, the 2nd support at 147.47 aligns with the 61.80% Fibonacci Retracement, further emphasizing its importance as a potential support level. On the resistance side, the 1st resistance level at 149.19 is a swing high resistance, and beyond this, the 2nd resistance at 149.93 is also a swing high resistance.
USD/CAD: The USD/CAD chart is currently showing an overall bearish momentum, suggesting the possibility of a bearish continuation towards the 1st support. The 1st support level at 1.3693 is identified as an overlap support that aligns with the 23.60% Fibonacci retracement level. Additionally, the 2nd support level at 1.3634 is also noted as an overlap support that aligns with the 38.20% Fibonacci retracement level, further reinforcing its importance. To the upside, the 1st resistance level at 1.3806 is identified as a pullback resistance, while the 2nd resistance level at 1.3854 is also marked as a pullback resistance, further emphasizing its significance as a barrier for future price increases.
AUD/USD: The AUD/USD chart currently shows an overall bullish momentum, with a potential scenario of a bullish continuation towards the 1st resistance level. The 1st resistance level at 0.6401 is identified as an overlap resistance that aligns closely with a confluence of Fibonacci levels, namely the 50.00% retracement and the 61.80% projection levels. Further up, the 2nd resistance level at 0.6470 is also marked as an overlap resistance, further emphasizing its significance as a barrier for future price increases. To the downside, the 1st support level at 0.6357 is identified as a pullback support, while the 2nd support level at 0.6297 is marked as a swing-low support, reinforcing its importance as a potential support level.
NZD/USD: The NZD/USD chart currently shows an overall bullish momentum, with a potential scenario of a bullish continuation towards the 1st resistance level. The 1st resistance level at 0.5984 is identified as a pullback resistance that aligns with a confluence of Fibonacci levels, namely the 61.80% retracement and the 78.60% projection levels. Additionally, the 2nd resistance level at 0.6035 is marked as a swing-high resistance, further emphasizing its significance as a barrier for future price increases. To the downside, the 1st support level at 0.5949 is identified as an overlap support. Further below, the 2nd support level at 0.5921 is also noted as an overlap support, further reinforcing its significance as an area where price may find support.
