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Saturday, April 18, 2026

Friday seventeenth April 2026: Technical Outlook and Assessment

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DXY (U.S. Greenback Index):

Potential Path: Bearish

General momentum of the chart: Bearish

The value may see a short-term pullback towards the pivot earlier than persevering with its bearish transfer down towards the first assist.

Pivot: 98.57

Supporting causes: Recognized as a pullback resistance, the place promoting pressures may intensify and doubtlessly cap any upward retracement.

1st assist: 97.50

Supporting causes: Recognized as an overlap assist, indicating a possible space the place the value may once more stabilize.

1st resistance: 99.35
Supporting causes: Recognized as a pullback resistance, indicating a possible space that might halt any additional upward motion

EUR/USD:

Potential Path: Bullish

General momentum of the chart: Bullish

The value may see a short-term pullback towards the pivot earlier than rising once more towards the first resistance.

Pivot: 1.1721

Supporting causes: Recognized as a pullback assist, the place renewed shopping for strain may emerge to push the value increased.

1st assist: 1.1655

Supporting causes: Recognized as an overlap assist, indicating a possible degree the place the value may stabilize as soon as once more.

1st resistance: 1.1820

Supporting causes: Recognized as a swing excessive resistance, indicating a possible degree that might cap additional upward motion.

EUR/JPY:

Potential Path: Bullish

General momentum of the chart: Bullish

The value may see a short-term pullback towards the pivot earlier than rising once more towards the first resistance.

Pivot:  186.20

Supporting causes: Recognized as a pullback assist, the place renewed shopping for strain may emerge to push the value increased.

1st assist: 184.68
Supporting causes: Recognized as an overlap assist, indicating a possible space the place the value may once more stabilize.

1st resistance: 189.75
Supporting causes: Recognized as a s resistance that aligns with the 161.8% Fibonacci extension, indicating a possible degree that might cap additional upward motion.

EUR/GBP:

Potential Path: Bullish
General momentum of the chart: Bullish

The value may see a short-term pullback towards the pivot earlier than rising once more towards the first resistance.

Pivot: 0.8679

Supporting causes: Recognized as an overlap assist, the place renewed shopping for strain may emerge to push the value increased.

1st assist: 0.8660
Supporting causes: Recognized as an overlap assist, indicating a possible space the place the value may stabilize as soon as extra.

1st resistance: 0.8713
Supporting causes: Recognized as an overlap resistance, indicating a possible degree that might cap additional upward motion.

GBP/USD:

Potential Path: Bullish
General momentum of the chart: Bullish

The value may see a short-term pullback towards the pivot earlier than rising once more towards the first resistance.

Pivot: 1.3478

Supporting causes: Recognized as a pullback assist, the place renewed shopping for strain may emerge to push the value increased.

1st assist: 1.3345
Supporting causes: Recognized as a pullback assist, indicating a possible space the place the value may stabilize as soon as extra.

1st resistance: 1.3598
Supporting causes: Recognized as a pullback resistance, indicating a possible degree that might halt additional upward motion.

GBP/JPY:

Potential Path: Bullish

General momentum of the chart: Bullish

The value may see a short-term pullback towards the pivot earlier than rising once more towards the first resistance.

Pivot: 213.30

Supporting causes: Recognized as a pullback assist, the place renewed shopping for strain may emerge to push the value increased.

1st assist: 211.47
Supporting causes: Recognized as a pullback assist, indicating a possible degree the place the value may stabilize as soon as extra.

1st resistance: 215.72
Supporting causes: Recognized as a resistance that aligns with the 161.8% Fibonacci extension, indicating a possible degree that might halt additional upward motion.

USD/CHF:

Potential Path: Bearish

General momentum of the chart: Bearish

The value may see a short-term pullback towards the pivot earlier than persevering with its bearish transfer down towards the first assist.

Pivot: 0.7870

Supporting causes: Recognized as a pullback resistance that aligns with the 61.8% Fibonacci retracement, the place promoting pressures may intensify and doubtlessly cap any upward retracement.

1st assist: 0.7770
Supporting causes: Recognized as an overlap assist, indicating a possible degree the place the value may stabilize as soon as once more.

1st resistance: 0.7918
Supporting causes: Recognized as an overlap resistance, indicating a possible degree that might cap additional upward motion.

USD/JPY:

Potential Path: Bearish

General momentum of the chart: Bullish

The value has already reacted off the pivot and will proceed its bearish transfer towards the first assist.

Pivot: 159.85

Supporting causes: Recognized as an overlap resistance, the place promoting pressures may intensify and doubtlessly cap any upward retracement.

1st assist: 157.66

Supporting causes: Recognized as an overlap assist, indicating a powerful space the place consumers would possibly return, and the value may stabilize as soon as once more.

1st resistance: 160.46

Supporting causes: Recognized as an overlap resistance. This degree represents the subsequent key space the place upward motion could possibly be capped amid elevated promoting strain

USD/CAD:

Potential Path: Brarish                                                                                                                                                                        

General momentum of the chart: Bullish

The value may see a short-term pullback towards the pivot earlier than persevering with its bearish transfer down towards the first assist.

Pivot: 1.3798

Supporting causes: Recognized as a pullback resistance, the place promoting pressures may intensify and doubtlessly cap any upward retracement.

1st assist: 1.3702

Supporting causes: Recognized as an overlap assist that aligns with the 61.8% Fibonacci retracement, indicating a key degree the place the value may stabilize as soon as extra.

1st resistance: 1.3869

Supporting causes: Recognized as an overlap resistance, making it a potential goal for bullish advances and a degree the place some sellers may return to cap good points

AUD/USD:

Potential Path: Bullish

General momentum of the chart: Bullish

The value may see a short-term pullback towards the pivot earlier than rising once more towards the first resistance.

Pivot: 0.7089

Supporting causes: Recognized as a pullback assist, the place renewed shopping for strain may emerge to push the value increased.

1st assist: 0.6999

Supporting causes: Recognized as an overlap assist, this space has supplied robust assist traditionally and will appeal to shopping for curiosity for a possible short-term bounce

1st resistance: 0.7183

Supporting causes: Recognized as a swing excessive resistance, indicating a possible space that might halt any additional upward motion.

NZD/USD

Potential Path: Bullish

General momentum of the chart: Bullish

The value may see a short-term pullback towards the pivot earlier than rising once more towards the first resistance.

Pivot: 0.5773

Supporting causes: Recognized as a pullback assist, the place renewed shopping for strain may emerge to push the value increased.

1st assist: 0.5679

Supporting causes: Recognized as a swing low assist, this space has supplied robust assist traditionally and will appeal to shopping for curiosity for a possible short-term bounce

1st resistance: 0.5944

Supporting causes: Recognized as an overlap resistance, indicating a possible space that might halt any additional upward motion.

US30 (DJIA):

Potential Path: Bullish

General momentum of the chart: Bullish

The value may see a short-term pullback towards the pivot earlier than rising once more towards the first resistance.

Pivot: 47,319.51

Supporting causes: Recognized as an overlap assist, the place renewed shopping for strain may emerge to push the value increased.

1st assist: 46,578.51

Supporting causes: Recognized as a pullback assist, suggesting a possible space the place the value may stabilize as soon as once more.

1st resistance: 48,770.44

Supporting causes: Recognized as a pullback resistance, indicating a possible space that might halt any additional upward motion.

DE40 (DAX):

Potential Path: Bullish

General momentum of the chart: Bullish

The value may see a short-term pullback towards the pivot earlier than rising once more towards the first resistance.

Pivot: 23,410.05

Supporting causes: Recognized as an overlap assist, the place renewed shopping for strain may emerge to push the value increased.

1st assist: 22,790.93

Supporting causes: Recognized as a pullback assist, indicating a key degree the place the value may stabilize as soon as extra.

1st resistance: 24,271.11

Supporting causes: Recognized as an overlap resistance, indicating a possible space that might halt any additional upward motion.

US500 (S&P 500):

Potential Path: Bullish

General momentum of the chart: Bullish

The value may see a short-term pullback towards the pivot earlier than rising once more towards the first resistance.

Pivot: 6,964.66

Supporting causes: Recognized as a pullback assist, the place renewed shopping for strain may emerge to push the value increased.

1st assist: 6,835.91

Supporting causes: Recognized as an overlap assist, indicating a possible degree the place the value may stabilize as soon as once more.

1st resistance: 7,191.60

Supporting causes: Recognized as a resistance that aligns with the 127.2% Fibonacci extension, indicating a possible space that might halt any additional upward motion.

BTC/USD (Bitcoin):

Potential Path: Bullish

General momentum of the chart: Bearish

The value may see a short-term pullback towards the pivot earlier than rising once more towards the first resistance.

Pivot: 71,993.87

Supporting causes: Recognized as a pullback assist, the place renewed shopping for strain may emerge to push the value increased.

1st assist: 69,108.33

Supporting causes: Recognized as a pullback assist, indicating a possible degree the place the value may stabilize as soon as extra.

1st resistance: 75,973.32

Supporting causes: Recognized as a swing excessive resistance, indicating a possible space that might halt any additional upward motion.

ETH/USD (Ethereum):

Potential Path: Bullish

General momentum of the chart: Bullish

The value has already bounced off the pivot and will proceed its bullish transfer towards the first resistance

Pivot: 2,297.28

Supporting causes: Recognized as a pullback assist, the place renewed shopping for strain may emerge to push the value increased.

1st assist: 2,162.92

Supporting causes: Recognized as an overlap assist, indicating a possible degree the place the value may stabilize as soon as extra.

1st resistance: 2,673.32
Supporting causes: Recognized as a resistance that aligns with the 161.8% Fibonacci extension, indicating a possible space that might halt any additional upward motion.

WTI/USD (Oil):

Potential Path: Bearish

General momentum of the chart: Bullish

The value has already reacted off the pivot and will proceed its bearish transfer towards the first assist.

Pivot: 92.39

Supporting causes: Recognized as a pullback resistance, the place promoting pressures may intensify and doubtlessly cap any upward retracement.

1st assist: 78.05
Supporting causes: Recognized as an overlap assist, indicating a key degree the place the value may stabilize as soon as extra.

1st resistance: 105.53
Supporting causes: Recognized as an overlap resistance, indicating a possible space that might halt any additional upward motion.

XAU/USD (GOLD):

Potential Path: Bearish

General momentum of the chart: Bullish

The value may see a short-term pullback towards the pivot earlier than persevering with its bearish transfer down towards the first assist.

Pivot: 4,863.14

Supporting causes: Recognized as a pullback resistance, the place promoting pressures may intensify and doubtlessly cap any upward retracement.

1st assist: 4,7001.11
Supporting causes: Recognized as an overlap assist, indicating a key degree the place the value may stabilize as soon as extra.

1st resistance: 5,046.38
Supporting causes: Recognized as an overlap resistance, indicating a possible space that might halt any additional upward motion.

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The submit Friday seventeenth April 2026: Technical Outlook and Assessment first appeared on IC Your Buying and selling Edge | Official Weblog.

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