DXY (US Dollar Index):

Potential Direction: Bullish

Overall momentum of the chart: Neutral

The price has made a bullish bounce off the pivot and could rise toward the 1st resistance.

Pivot: 98.91

Supporting reasons: Identified as an overlap support that aligns closely with the 50% Fibonacci retracement, indicating a potential area where buying interests could pick up to stage a rebound.

1st support: 98.36

Supporting reasons: Identified as a swing-low support, indicating a potential area where the price could stabilize once again.

1st resistance: 99.60
Supporting reasons: Identified as an overlap resistance that aligns closely with the 61.8% Fibonacci retracement, indicating a potential level that could cap further upward movement.

EUR/USD:

Potential Direction: Bearish

Overall momentum of the chart: Neutral

The price has made a bearish reversal off the pivot and could potentially pull back toward the 1st support.

Pivot: 1.1449

Supporting reasons: Identified as a pullback resistance that aligns closely with the 50% Fibonacci retracement, indicating a potential area where selling pressures could intensify.

 1st support: 1.1371
Supporting reasons: Identified as an overlap support, indicating a potential area where the price could stabilize once more.

1st resistance: 1.1496

Supporting reasons: Identified as a swing-high resistance, indicating a potential area that could halt any further upward movement.

EUR/JPY:

Potential Direction: Bullish

Overall momentum of the chart: Bullish

Price is falling toward the pivot and could potentially make a bullish bounce off this level to rise toward the 1st resistance. The presence of the green Ichimoku Cloud adds further significance to the strength of the upward momentum.

Pivot: 164.60

Supporting reasons: Identified as a pullback support, indicating a potential area where buying interests could pick up to resume the uptrend.

1st support: 164.60
Supporting reasons: Identified as an overlap support that aligns with a confluence of Fibonacci levels i.e. the 23.6% and 38.2% retracements, indicating a potential area where the price could stabilize once again.

1st resistance: 165.96
Supporting reasons: Identified as a multi-swing-high resistance that aligns with the 100% Fibonacci projection, indicating a potential area that could halt any further upward movement.

EUR/GBP: 

Potential Direction: Bearish
Overall momentum of the chart: Neutral

Price is rising toward the pivot and could potentially make a bearish reversal off this level to fall toward the 1st support.

Pivot: 0.8487

Supporting reasons: Identified as an overlap resistance that aligns with the 127.2% Fibonacci extension, indicating a potential area where selling pressures could intensify.

1st support: 0.8451
Supporting reasons: Identified as a pullback support, indicating a potential area where the price could stabilize once more.

1st resistance: 0.8516
Supporting reasons: Identified as a multi-swing-high resistance that aligns closely with the 161.8% Fibonacci extension, indicating a potential level that could cap further upward movement.

GBP/USD:

Potential Direction: Bullish

Overall momentum of the chart: Neutral

Price could fall toward the pivot and potentially make a bullish bounce off this level to rise toward the 1st resistance. 

Pivot: 1.3425

Supporting reasons: Identified as a swing-low support that aligns closely with the 38.2% Fibonacci retracement, indicating a potential area where buying interest could pick up to stage a rebound.

1st support: 1.3344
Supporting reasons: Identified as an overlap support that aligns closely with the 61.8% Fibonacci retracement, indicating a potential area where the price could stabilize once more.

1st resistance: 1.3506
Supporting reasons: Identified as an overlap resistance, indicating a potential level that could cap further upward movement.

GBP/JPY:

Potential Direction: Bullish
Overall momentum of the chart: Neutral

Price could fall toward the pivot and potentially make a bullish bounce off this level to rise toward the 1st resistance. 

Pivot: 194.98

Supporting reasons: Identified as an overlap support that aligns closely with the 50% Fibonacci retracement, indicating a potential area where buying interest could pick up to stage a rebound.

1st support: 193.43

Supporting reasons: Identified as a swing-low support, indicating a potential level where the price could stabilize once more.

1st resistance: 196.23
Supporting reasons: Identified as a multi-swing-high resistance, indicating a potential level that could cap further upward movement.

USD/CHF:

Potential Direction: Bearish

Overall momentum of the chart: Neutral

Price is rising toward the pivot and could potentially make a bearish reversal off this level and fall toward the 1st support. 

Pivot: 0.8256

Supporting reasons: Identified as a multi-swing-high resistance that aligns closely with the 50% Fibonacci retracement, indicating a potential area where selling pressures could intensify.

1st support: 0.8164
Supporting reasons: Identified as a multi-swing-low support, indicating a potential level where the price could stabilize once again.

1st resistance: 0.8341
Supporting reasons: Identified as a swing-high resistance that aligns closely with the 61.8% Fibonacci retracement, indicating a potential level that could cap further upward movement.

USD/JPY:

Potential Direction: Bullish

Overall momentum of the chart: Neutral

Price could fall toward the pivot and potentially make a bullish bounce off this level to rise toward the 1st resistance.

Pivot: 144.27

Supporting reasons: Identified as an overlap support that aligns closely with the 38.2% Fibonacci retracement, indicating a potential area where buying interests could pick up to stage a rebound.

1st support: 142.64
Supporting reasons: Identified as a multi-swing-low support, suggesting a potential area where the price could stabilize once more.

1st resistance: 146.15
Supporting reasons: Identified as a swing-high resistance that aligns with the 61.8% Fibonacci retracement, indicating a potential level that could cap further upward movement.

USD/CAD:

Potential Direction: Bearish

Overall momentum of the chart: Neutral

Price is rising toward the pivot and could potentially make a bearish reversal off this level to fall toward the 1st support. The presence of the red Ichimoku Cloud adds further significance to the strength of the downward momentum.

Pivot: 1.3733

Supporting reasons: Identified as a swing-high resistance that aligns closely with a 50% Fibonacci retracement, indicating a potential area where selling pressures could intensify.

1st support: 1.3655
Supporting reasons: Identified as a multi-swing-low support, indicating a key level where the price could stabilize once more.

1st resistance: 1.3793

Supporting reasons: Identified as a pullback resistance that aligns closely with a 61.8% Fibonacci retracement, indicating a potential area that could halt any further upward movement.

AUD/USD:

Potential Direction: Bullish

Overall momentum of the chart: Neutral

Price is falling toward the pivot and could potentially make a bullish bounce off this level to rise toward the 1st resistance. The presence of the green Ichimoku Cloud adds further significance to the strength of the upward momentum.

Pivot: 0.6483

Supporting reasons: Identified as a multi-swing-low support that aligns closely with a 38.2% Fibonacci retracement, indicating a potential area where buying interests could pick up to resume the uptrend.

1st support: 0.6447

Supporting reasons: Identified as a swing-low support that aligns closely with a confluence of Fibonacci levels i.e. the 61.8% retracement and the 161.8% extension, suggesting a potential area where the price could stabilize once again.

1st resistance: 0.6537
Supporting reasons: Identified as a multi-swing-high resistance, indicating a potential area that could halt any further upward movement.

NZD/USD

Potential Direction: Bullish

Overall momentum of the chart: Neutral

Price is falling toward the pivot and could potentially make a bullish bounce off this level to rise toward the 1st resistance. The presence of the green Ichimoku Cloud adds further significance to the strength of the upward momentum.

Pivot: 0.5989
Supporting reasons: Identified as an overlap support that aligns closely with a confluence of Fibonacci levels i.e. the 38.2% retracement and the 127.2% extension, indicating a potential area where buying interests could pick up to resume the uptrend.

1st support: 0.5939

Supporting reasons: Identified as a multi-swing-low support that aligns with a 61.8% Fibonacci retracement, suggesting a potential area where the price could stabilize once more.

1st resistance: 0.6080

Supporting reasons: Identified as a swing-high resistance, indicating a potential area that could halt any further upward movement.

US30 (DJIA):

Potential Direction: Bearish

Overall momentum of the chart: Bullish

Price is trading close to the pivot and could potentially make a bearish reversal off this level to pull back toward the 1st support.

Pivot: 42,875.20

Supporting reasons: Identified as a multi-swing-high resistance, indicating a potential area where selling pressures could intensify.

1st support: 42,240.10

Supporting reasons: Identified as a swing-low support that aligns with a 38.2% Fibonacci retracement, suggesting a potential area where the price could stabilize once again.

1st resistance: 43,346.06

Supporting reasons: Identified as a resistance that aligns with a 127.2% Fibonacci extension, indicating a potential area that could halt any further upward movement.

DE40 (DAX):

Potential Direction: Bullish

Overall momentum of the chart: Neutral

Price is falling toward the pivot and could potentially make a bullish bounce off this level to rise toward the 1st resistance.

Pivot: 23,750.30
Supporting reasons: Identified as a swing-low support that aligns closely with a 61.8% Fibonacci retracement, indicating a potential area where buying interests could pick up to stage a rebound.

1st support: 23,369.90

Supporting reasons: Identified as an overlap support that aligns with a 50% Fibonacci retracement, indicating a key level where the price could stabilize once more.

1st resistance: 24,152.30
Supporting reasons: Identified as an overlap resistance, indicating a potential area that could halt any further upward movement.

US500 (S&P 500): 

Potential Direction: Bullish

Overall momentum of the chart: Bullish

Price is falling toward the pivot and could potentially make a bullish bounce off this level to rise toward the 1st resistance. The presence of the green Ichimoku Cloud adds further significance to the strength of the upward momentum.

Pivot: 5,984.70

Supporting reasons: Identified as an overlap support, indicating a potential area where buying interests could pick up to resume the uptrend.

1st support: 5,925.75

Supporting reasons: Identified as a swing-low support that aligns with a 38.2% Fibonacci retracement, indicating a potential level where the price could stabilize once again.

1st resistance: 6,088.28

Supporting reasons: Identified as a resistance that aligns with a confluence of Fibonacci levels i.e. the 100% projection and the 161.8% extension, indicating a potential area that could halt any further upward movement.

BTC/USD (Bitcoin):

Potential Direction: Bullish

Overall momentum of the chart: Bullish

Price is falling toward the pivot and could potentially make a bullish bounce off this level to rise toward the 1st resistance.

Pivot: 108,446.67

Supporting reasons: Identified as an overlap support that aligns closely with a 23.6% Fibonacci retracement, indicating a potential area where buying interests could pick up to resume the uptrend.

1st support: 106,491.59
Supporting reasons: Identified as a pullback support that aligns closely with a 38.2% Fibonacci retracement, indicating a potential level where the price could stabilize once more.

1st resistance: 111,566.95
Supporting reasons: Identified as a swing-high resistance, indicating a potential area that could halt any further upward movement.

ETH/USD (Ethereum):

Potential Direction: Bullish
Overall momentum of the chart: Bullish

Price is falling toward the pivot and could potentially make a bullish bounce off this level to rise toward the 1st resistance.

Pivot: 2,732.37
Supporting reasons: Identified as a pullback support that aligns with a 23.6% Fibonacci retracement, indicating a potential area where buying interests could pick up to stage a rebound.

1st support: 2,548.35
Supporting reasons: Identified as an overlap support that aligns with a 61.8% Fibonacci retracement, indicating a potential level where the price could stabilize once again.

1st resistance: 2,898.51
Supporting reasons: Identified as a resistance that aligns with a 127.2% Fibonacci extension, indicating a potential area that could halt any further upward movement.

WTI/USD (Oil):

Potential Direction: Bullish

Overall momentum of the chart: Bullish

Price could fall toward the pivot and potentially make a bullish bounce off this level to rise toward the 1st resistance. The presence of the green Ichimoku Cloud adds further significance to the strength of the upward momentum.

Pivot: 63.32

Supporting reasons: Identified as a pullback support that aligns closely with a 38.2% Fibonacci retracement, indicating a potential area where buying interests could pick up to resume the uptrend.

1st support: 61.18
Supporting reasons: Identified as a pullback support that aligns closely with a 61.8% Fibonacci retracement, indicating a key level where the price could stabilize once more.

1st resistance: 65.80
Supporting reasons: Identified as a pullback resistance that aligns closely with a 61.8% Fibonacci retracement, indicating a potential area that could halt any further upward movement.

XAU/USD (GOLD):

Potential Direction: Bullish
Overall momentum of the chart: Bullish

Price has made a bullish bounce off the pivot and could potentially rise toward the 1st resistance. The presence of the green Ichimoku Cloud adds further significance to the strength of the upward momentum.

Pivot: 3,297.74

Supporting reasons: Identified as a swing-low support that aligns with a 61.8% Fibonacci retracement, indicating a potential area where buying interests could pick up to stage a rebound.

1st support: 3,262.90
Supporting reasons: Identified as a swing-low support, acting as a potential level where price could stabilize once again.

1st resistance: 3,392.17
Supporting reasons: Identified as a multi-swing-high resistance that aligns with a 61.8% Fibonacci projection, indicating a potential area that could halt any further upward movement.

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The post Wednesday 11th June 2025: Technical Outlook and Review first appeared on IC Markets | Official Blog.