Rebound for crypto?Bitcoin (BTC/USD) has made a bullish bounce off the pivot. Could this crypto-currency potentially rise towards the 1st resistance?
Pivot: 63,619.63
1st Support: 61,163.87
1st Resistance: 66,857.22
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Icmarkets
Demand for the dollar picking up?The DXY has made a bullish reaction off the pivot and could potentially bounce higher towards the 1st resistance.
Pivot: 105.52
1st Support: 105.08
1st Resistance: 106.29
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Approaching 38.2% Fibonacci resistanceGold (XAU/USD) is rising towards the pivot which has been identified as an overlap resistance. Could this precious metal stall around this level before potentially reversing to drop towards the 1st support?
Pivot: 2,344.22
1st Support: 2,314.56
1st Resistance: 2,361.12
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Heading into 50% Fibonacci resistanceThe Kiwi (NZD/USD) has made a bullish reaction off the pivot and could potentially bounce higher towards the 1st resistance.
Pivot: 0.5930
1st Support: 0.5883
1st Resistance: 0.5974
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Falling towards overlap supportDJIA (US30) has made a bearish reaction off the pivot which has been identified as an overlap resistance. Could this index continue falling towards the 1st support?
Pivot: 67,959.86
1st Support: 64,549.56
1st Resistance: 71,123.59
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Bullish bounce off overlap support?Ethereum (ETH/USD) has made a bullish bounce off the pivot. Could this crypto-currency potentially rise towards the 1st resistance?
Pivot: 3,106.80
1st Support: 2,945.02
1st Resistance: 3,279.74
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Potential bearish reversal GBPUSD is rising toward the pivot point and could potentially fall to a support
However, a break above the pivot might lead to an ascent towards the next resistance
Pivot: 1.2492
Support: 1.2388
Resistance: 1.2575
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Potential bullish bounce of 38.2% Fibonacci pullback supportWTI oil (XTI/USD) has made a bullish bounce off the pivot. Could this commodity potentially continue to climb towards the 1st resistance?
Pivot: 83.17
1st Support: 81.86
1st Resistance: 85.42
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Bearish momentum Wait for price to pullback at the pivot,
However, if price breaks aove the pivot, it could rise to the ext resistance level
Pivot: 2312
Support: 2295
Resistance: 2328
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Falling from Fibo confluence USDJPY is rising toward the pivot point close to the 161.85 extension and 100% Projection and could fall to a support level
However, a break above the pivot might lead to an ascent towards the next resistance
Pivot: 166.98 - 167.20
Support: 165.33
Resistance: 169.46
Risk Warning:
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Bearish reversalEURUSD is rising toward the pivot point and could potentially fall to an overlap support level
However, a break above the pivot might lead to an ascent towards the next resistance
Pivot: 1.0729
Support: 1.0680
Resistance: 1.0804
Risk Warning:
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Bullish Bounce EURUSD is falling toward the pivot and could bounce off a pullback support
Alternatively, if price breaks below the pivot, it could continue to fall to another overlap support level
Pivot: 1.0680
Support: 1.0640
Resistance: 1.0729
Risk Warning:
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Bearish divergence GBPJPY has reacted off the pivot and could fall to support.
However, if price breaks above the pivot, it could continue to rise to the next resistance level close to 127.2% Fibonacci extension
additionally, there is bearish divergecne
Pivot: 192.37
Support: 191.70
Resistance: 193.37
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Potential bearish reversalXAUUSD is rising toward the pivot point close to 38.2% Fibonacci retracement and could fall to a support level
However, a break above the pivot might lead to an ascent towards the next resistance close to 61.8% Fibonacci retracement
Pivot: 2337.75
Support: 2306.43
Resistance: 2361.52
Risk Warning:
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Bullish bounce off 61.8% Fibonacci support?USD/CAD has made a bullish reaction off the pivot and could potentially bounce higher towards the 1st resistance.
Pivot: 1.3668
1st Support: 1.3628
1st Resistance: 1.3738
Risk Warning:
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Approaching resistance at 61.8% Fibonacci retracementBitcoin (BTC/USD) is rising towards the pivot which has been identified as a pullback resistance. Could this crypto-currency stall around this level before potentially reversing to drop towards the 1st support?
Pivot: 67,959.86
1st Support: 64,549.56
1st Resistance: 71,123.59
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
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Potential bullish bounceThe DAX (DE40) has broken above a pivot level and could potentially rise higher. Could this index bounce off this pivot and rise towards the 1st resistance?
Pivot: 18,152.00
1st Support: 17,901.10
1st Resistance: 18,396.40
Risk Warning:
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Potential bullish breakoutThe Aussie (AUD/USD) has broken above a pivot level and could potentially rise higher. Could this FX pair bounce off this pivot and rise towards the 1st resistance?
Pivot: 0.6500
1st Support: 0.6461
1st Resistance: 0.6550
Risk Warning:
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Reacting off 127.2%GBPUSD is rising toward the pivot point + 127.2% and could potentially fall to a support level
However, a break above the pivot might lead to an ascent towards the next resistance at the 161.8% Fibonacci extension.
Pivot: 1.2528
Support: 1.2419
Resistance: 1.2596
Risk Warning:
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Bullish Rise DE40 has just bounced off at the pivot and could rise to the next pullback resistance level which is close to 161.6% Fibonacci extension
Alternatively, if the price breaks below the pivot, it could continue to fall to the next support level level
Pivot: 17902
Support: 17657
Resistance: 18208
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
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Bullish Bounce AUDUSD has just bounced off at the pivot and could rise to the next pullback resistance level that is close to the 50% Fibonacci retracement
Alternatively, if the price breaks below the pivot, it could continue to fall to the next support level level
Pivot: 0.6449
Support: 0.6389
Resistance: 0.6500
Risk Warning:
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Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bearish divergence USDJPY is currently at the pivot and could fall toa pullback support level.
Alternatively, if the price breaks above the pivot, it could continue to rise to the next resistance level which is close to the 161.8% Fibonacci extension. Addiontaly, there is bearish divergence
Pivot: 154.77
Support: 153.36
Resistance: 155.77
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bearish continuation expected XAUUSD is rising toward the pivot point and could potentially fall to a support level that is close to the 161.8 Fibonacci extension
Alternatively, if price breaks above the pivot, it could continue to rise to the pullback resistance level
Pivot: 2320
Support: 2266
Resistance: 2363
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.