DXY (U.S. Dollar Index):
Potential Direction: Bearish
Overall momentum of the chart: Bearish
The price could see a short-term pullback toward the pivot before continuing its bearish move down toward the 1st support.
Pivot: 100.42
Supporting reasons: Identified as an overlap resistance, where previous price reactions suggest selling pressure could emerge. A bearish rejection from this area would strengthen the case for a move lower
1st support: 99.86
Supporting reasons: Identified as a pullback support and recent breakout area. If price reverses from the pivot, this level could provide the 1st area of support.
1st resistance: 101.11
Supporting reasons: Identified as a pullback resistance, where previous price action indicates potential selling pressure. This level would become more relevant if price breaks and closes convincingly above the pivot
EUR/USD:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
The price could see a short-term pullback before rebounding and continuing its bullish move toward the 1st resistance
Pivot: 1,1435
Supporting reasons: Identified as a pullback support and aligned closely with the 78.6% Fibonacci retracement. This confluence could provide an area where buying pressure re-emerges.
1st support: 1.14325
Supporting reasons: Identified as a swing low support, corresponding with the previous major low area where buying pressure emerged.
1st resistance: 1.1519
Supporting reasons: Identified as a pullback resistance where previous support and subsequent price reactions indicate potential selling pressure. This could cap an initial bullish recovery
EUR/JPY:
Potential Direction: Bearish
Overall momentum of the chart: Bearish
The price has already reacted lower after testing resistance and could continue its bearish move toward the 1st support
Pivot: 179.44
Supporting reasons: Identified as an overlap resistance, where selling pressure could intensify and potentially cap any upward retracement
1st support: 175.39
Supporting reasons: Identified as a swing low support, where previous buying pressure emerged, and price could potentially stabilize again.
1st resistance: 181.31
Supporting reasons: Identified as an overlap resistance, where previous price reactions suggest selling pressure could emerge and potentially cap further upside.
EUR/GBP:
Potential Direction: Bullish
Overall momentum of the chart: Bearish
The price could make a short-term pullback before rebounding and continuing its bullish move toward the 1st resistance
Pivot: 0.8550
Supporting reasons: Identified as an overlap support, where previous price reactions suggest renewed buying pressure could emerge and support a bullish recovery.
1st support: 0.8527
Supporting reasons: Identified as a swing-low support, marking a previous area of buying pressure where the price could potentially stabilize again.
1st resistance: 0.8584
Supporting reasons: Identified as a pullback resistance, where previous price reactions suggest selling pressure could emerge and potentially cap further upside
GBP/USD:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
The price could rebound from the current area and make a short-term recovery toward the 1st resistance.
Pivot: 1.3360
Supporting reasons: Identified as a pullback support that aligns closely with the 78.6% Fibonacci retracement, indicating a potential area where renewed buying pressure could emerge.
1st support: 1.3285
Supporting reasons: Identified as a swing low support, representing a previous demand area where price could potentially stabilize if the decline extends.
1st resistance: 1.3442
Supporting reasons: Identified as a pullback resistance, where previous price reactions suggest selling pressure could emerge and potentially cap a bullish recovery
GBP/JPY:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
The price has already bounced from the support area and could continue its short-term bullish recovery toward the 1st resistance
Pivot: 208.83
Supporting reasons: Identified as a pullback support, where renewed buying pressure could emerge to push the price higher.
1st support: 207.09
Supporting reasons: Identified as a swing low support, marking an area where previous buying pressure emerged and price could potentially stabilize again.
1st resistance: 210.62
Supporting reasons: Identified as a pullback resistance, where previous price reactions suggest selling pressure could emerge and potentially cap the bullish recovery.
USD/CHF:
Potential Direction: Bearish
Overall momentum of the chart: Bearish
The price could face rejection from the pivot and make a short-term bearish move toward the 1st support
Pivot: 0.8266
Supporting reasons: Identified as a resistance that aligns closely with the 127.2% Fibonacci extension, where selling pressure could emerge and potentially trigger a bearish reversal
1st support: 0.8206
Supporting reasons: Identified as a pullback support, and previous swing-high area, where renewed buying pressure could emerge and potentially stabilize the price. ndicating a potential level where the price could stabilize once again.
1st resistance: 0.8365
Supporting reasons: Identified as an extension resistance that aligns closely with the 161.8% Fibonacci extension, indicating a potential upside barrier if price breaks above the pivot.
USD/JPY:
Potential Direction: Bearish
Overall momentum of the chart: Bullish
The price could see a short-term pullback to the pivot before reversing lower and continuing its bearish move toward the 1st support.
Pivot: 156.67
Supporting reasons: Identified as an overlap support that aligns closely with the 50% Fibonacci retracement, where selling pressure could emerge and potentially cap the short-term recovery
1st support: 154.88
Supporting reasons: Identified as an overlap support, marking a recent reaction area where buying pressure could emerge and potentially stabilize the price.
1st resistance: 158.04
Supporting reasons: Identified as an overlap resistance where previous price reactions indicate potential selling pressure that could cap further upward movement.
USD/CAD:
Potential Direction: Bearish
Overall momentum of the chart: Bearish
The price could face rejection from the pivot and make a short-term bearish move toward the 1st support
Pivot: 1.3992
Supporting reasons: Identified as a pullback resistance that aligns closely with the 127.2% Fibonacci extension, where selling pressure could emerge and potentially trigger a bearish reversal.
1st support: 1.3937
Supporting reasons: Identified as a a pullback support that aligns closely with the previous swing-high area, where buying pressure could emerge and potentially stabilize the price.
1st resistance: 1.4075
Supporting reasons: Identified as a swing high resistance marking a previous area of strong selling pressure that could potentially cap further upside.
AUD/USD:
Potential Direction: Bearish
Overall momentum of the chart: Bullish
The price could see a short-term recovery before reversing lower and continuing its bearish move toward the 1st support.
Pivot: 0.7121
Supporting reasons: Identified as an overlap resistance, where selling pressure could intensify and potentially cap any upward retracement
1st support: 0.7069
Supporting reasons: Identified as a pullback support, where previous price reactions suggest selling pressure could emerge and potentially cap any upward retracement.
1st resistance: 0.7152
Supporting reasons: Identified as a pullback resistance, indicating a potential area that could halt any further upward movement.
NZD/USD
Potential Direction: Bearish
Overall momentum of the chart: Bullish
The price could see a short-term recovery before reversing lower and continuing its bearish move toward the 1st support.
Pivot: 0.5747
Supporting reasons: Identified as a pullback resistance, where selling pressure could intensify and potentially cap any upward retracement
1st support: 0.5678
Supporting reasons: Identified as a swing low support, where previous price reactions suggest selling pressure could emerge and potentially cap any upward retracement.
1st resistance: 0.5802
Supporting reasons: Identified as a pullback resistance, where previous price reactions indicate potential selling pressure that could cap further upward movement.
US30 (DJIA):
Potential Direction: Bearish
Overall momentum of the chart: Bullish
The price could see a short-term recovery before reversing lower and continuing its bearish move toward the 1st support.
Pivot: 52,045.00
Supporting reasons: Identified as an overlap resistance, where selling pressure could intensify and potentially cap any upward retracement
1st support: 51,221.53
Supporting reasons: Identified as a swing low support, where previous price reactions suggest selling pressure could emerge and potentially cap any upward retracement.
1st resistance: 52,669.50
Supporting reasons: Identified as an overlap resistance, indicating a potential area that could halt any further upward movement.
DE40 (DAX):
Potential Direction: Bullish
Overall momentum of the chart: Bullish
The price has already bounced from the pivot and could continue its short-term bullish recovery toward the 1st resistance.
Pivot: 25,270.20
Supporting reasons: Identified as a pullback support that aligns with the 100% Fibonacci retracement, where renewed buying pressure could emerge and support further upside.
1st support: 24,715.80
Supporting reasons: Identified as a swing low support, marking a key area where buying pressure could emerge and potentially stabilize the price if the decline resumes
1st resistance: 25,780.80
Supporting reasons: Identified as a pullback resistance, where previous price reactions suggest selling pressure could emerge and potentially cap the short-term bullish recovery.
US500 (S&P 500):
Potential Direction: Bearish
Overall momentum of the chart: Bullish
The price could see a short-term recovery before reversing lower and continuing its bearish move toward the 1st support.
Pivot: 7,616.10
Supporting reasons: Identified as an overlap resistance, where previous price reactions suggest selling pressure could emerge and potentially cap any upward retracement.
1st support: 7,489.00
Supporting reasons: Identified as a pullback support, marking a key area where buying pressure could emerge and potentially stabilize the price.
1st resistance: 7,676.00
Supporting reasons: Identified as a swing high resistance, indicating a potential area that could halt any further upward movement.
BTC/USD (Bitcoin):
Potential Direction: Bearish
Overall momentum of the chart: Bullish
The price could see a short-term recovery before reversing lower and continuing its bearish move toward the 1st support.
Pivot: 76.565.45
Supporting reasons: Identified as a pullback resistance, where previous price reactions suggest selling pressure could emerge and potentially cap any upward retracement.
1st support: 72,629.08
Supporting reasons: Identified as a pullback support with additional confluence from the nearby 50% Fibonacci retracement, indicating a potential area where price could stabilize.
1st resistance: 77,839.49
Supporting reasons: Identified as a pullback resistance, where previous price reactions suggest selling pressure could emerge and potentially cap further upward movement.
ETH/USD (Ethereum):
Potential Direction: Bearish
Overall momentum of the chart: Bullish
The price could see a short-term pullback toward the pivot before continuing its bearish move down toward the 1st support.
Pivot: 2,477.49
Supporting reasons: Identified as a pullback resistance, where selling pressure could intensify and potentially cap any upward retracement
1st support: 2,351.52
Supporting reasons: Identified as a swing low support, indicating a potential level where the price could stabilize once more.
1st resistance: 2,668.94
Supporting reasons: Identified as a swing high resistance, indicating a potential area that could halt any further upward movement.
WTI/USD (Oil):
Potential Direction: Bullish
Overall momentum of the chart: Bullish
The price could make a short-term pullback toward the pivot before rising again toward the 1st resistance.
Pivot: 98.73
Supporting reasons: Identified as an overlap support, where renewed buying pressure could emerge to push the price higher.
1st support: 93.72
Supporting reasons: Identified as an overlap support, indicating a key level where the price could stabilize once more.
1st resistance: 108.11
Supporting reasons: Identified as a swing high resistance that aligns with the 200% Fibonacci projection, indicating a potential area that could halt any further upward movement.
XAU/USD (GOLD):
Potential Direction: Bearish
Overall momentum of the chart: Bullish
The price has already reacted off the pivot and may continue its bearish move toward the 1st support.
Pivot: 4,308.13
Supporting reasons: Identified as a pullback resistance, where selling pressure could intensify and potentially cap any upward retracement
1st support: 4,160.93
Supporting reasons: Identified as a pullback support that aligns with the 161.8% Fibonacci extension, indicating a key level where the price could stabilize once more.
1st resistance: 4,390.03
Supporting reasons: Identified as a pullback resistance, indicating a potential area that could halt any further upward movement.
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The post Thursday 17th Sept 2026: Technical Outlook and Review first appeared on IC Your Trading Edge | Official Blog.
