10.5 C
United States of America
Wednesday, May 13, 2026

Wednesday thirteenth Might 2026: Technical Outlook and Assessment

Must read


 

DXY (U.S. Greenback Index):

Potential Route: Bullish

General momentum of the chart: Bearish

Worth might see a short-term pullback towards the pivot earlier than rising once more towards the first resistance.

Pivot: 98.15

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

1st assist: 97.63

Supporting causes: Recognized as a swing low assist, indicating a possible space the place the worth might once more stabilize.

1st resistance: 98.59
Supporting causes: Recognized as a pullback resistance, indicating a possible space that would halt any additional upward motion

EUR/USD:

Potential Route: Bearish

General momentum of the chart: Bullish

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

Pivot: 1.1749

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

1st assist: 1.1714

Supporting causes: Recognized as a pullback assist, indicating a possible degree the place the worth might stabilize as soon as once more.

1st resistance: 1.1786

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

EUR/JPY:

Potential Route: Bullish

General momentum of the chart: Bullish

Worth might see a short-term pullback towards the pivot earlier than rising once more towards the first resistance.

Pivot: 184.76

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

1st assist: 184.22
Supporting causes: Recognized as a pullback assist, indicating a possible space the place the worth might once more stabilize.

1st resistance: 186.31
Supporting causes: Recognized as a pullback resistance that aligns with the 78.6% Fibonacci retracement, indicating a possible degree that would cap additional upward motion.

EUR/GBP:

Potential Route: Bullish
General momentum of the chart: Bullish

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

Pivot: 0.8655

Supporting causes: Recognized as a pullback assist that aligns with the 61.8% Fibonacci retracement, the place renewed shopping for strain might emerge to push the worth increased.

1st assist: 0.8630
Supporting causes: Recognized as a assist, indicating a possible space the place the worth might stabilize as soon as extra.

1st resistance: 0.8696
Supporting causes: Recognized as an overlap resistance, indicating a possible degree that would cap additional upward motion.

GBP/USD:

Potential Route: Bearish
General momentum of the chart: Bullish

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

Pivot: 1.3554

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

1st assist: 1.3458
Supporting causes: Recognized as an overlap assist, indicating a possible space the place the worth might stabilize as soon as extra.

1st resistance: 1.3657
Supporting causes: Recognized as a swing excessive resistance, indicating a possible degree that would halt additional upward motion.

GBP/JPY:

Potential Route: 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: 212.99

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

1st assist: 211.80
Supporting causes: Recognized as a swing low assist, indicating a possible degree the place the worth might stabilize as soon as extra.

1st resistance: 215.15
Supporting causes: Recognized as a pullback resistance that aligns with the 78.6% Fibonacci retracement, indicating a possible degree that would halt additional upward motion.

USD/CHF:

Potential Route: Bullish

General momentum of the chart: Bearish

Worth might see a short-term pullback towards the pivot earlier than rising once more towards the first resistance.

Pivot: 0.7794

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

1st assist: 0.7760
Supporting causes: Recognized as a swing low assist, indicating a possible degree the place the worth might stabilize as soon as once more.

1st resistance: 0.7848
Supporting causes: Recognized as a swing excessive resistance, indicating a possible degree that would cap additional upward motion.

USD/JPY:

Potential Route: Bearish

General momentum of the chart: Bullish

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

Pivot: 157.88

Supporting causes: Recognized as a pullback resistance that aligns with the 50% Fibonacci retracement, the place promoting pressures might intensify and doubtlessly cap any upward retracement.

1st assist: 156.44

Supporting causes: Recognized as an overlap assist, indicating a powerful space the place patrons may return, and the worth might stabilize as soon as once more.

1st resistance: 159.03

Supporting causes: Recognized as a pullback resistance. This degree represents the following key space the place upward motion may very well be capped amid elevated promoting strain

USD/CAD:

Potential Route: Bullish                                                                                                                                                           

General momentum of the chart: Bullish

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

Pivot: 1.3664

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

1st assist: 1.3628

Supporting causes: Recognized as an overlap assist, indicating a key degree the place the worth might stabilize as soon as extra.

1st resistance: 1.3735

Supporting causes: Recognized as a pullback resistance, making it a doable goal for bullish advances and a degree the place some sellers might return to cap positive factors

AUD/USD:

Potential Route: 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: 0.7212

Supporting causes: Recognized as a pullback assist that aligns with the 50% Fibonacci retracement, the place renewed shopping for strain might emerge to push the worth increased.

1st assist: 07190

Supporting causes: Recognized as a pullback assist that aligns with the 50% Fibonacci retracement, this space has supplied sturdy assist traditionally and will appeal to shopping for curiosity for a possible short-term bounce

1st resistance: 0.7277

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

NZD/USD

Potential Route: Bullish

General momentum of the chart: Bullish

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

Pivot: 0.5920

Supporting causes: Recognized as a pullback assist that aligns with the 50% Fibonacci retracement, the place renewed shopping for strain might emerge to push the worth increased.

1st assist: 0.5873

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

1st resistance: 0.5991

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

US30 (DJIA):

Potential Route: 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: 49,362.50

Supporting causes: Recognized as a pullback assist that aligns with the 61.8% Fibonacci retracement, the place renewed shopping for strain might emerge to push the worth increased.

1st assist: 48,894.00

Supporting causes: Recognized as a swing low assist, suggesting a possible space the place the worth might stabilize as soon as once more.

1st resistance: 50,125.65

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

DE40 (DAX):

Potential Route: 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: 24,373.32

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

1st assist: 23,665.10

Supporting causes: Recognized as a swing low assist, indicating a key degree the place the worth might stabilize as soon as extra.

1st resistance: 25,074.47

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

US500 (S&P 500):

Potential Route: 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: 7,370.10

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

1st assist: 7,262.50

Supporting causes: Recognized as a pullback assist, indicating a possible degree the place the worth might stabilize as soon as once more.

1st resistance: 7,451.27

Supporting causes: Recognized as a resistance that aligns with the 61.8% Fibonacci projection, indicating a possible space that would halt any additional upward motion.

BTC/USD (Bitcoin):

Potential Route: Bullish

General momentum of the chart: Bearish

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

Pivot: 79,508.18

Supporting causes: Recognized as a pullback assist that aligns with the 38.2% Fibonacci retracement, the place renewed shopping for strain might emerge to push the worth increased.

1st assist: 77,288.07

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

1st resistance: 82,811.88

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

ETH/USD (Ethereum):

Potential Route: Bearish

General momentum of the chart: Bullish

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

Pivot: 2,318.88

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

1st assist: 2,273.07

Supporting causes: Recognized as a swing low assist, indicating a possible degree the place the worth might stabilize as soon as extra.

1st resistance: 2,364.08
Supporting causes: Recognized as an overlap resistance, indicating a possible space that would halt any additional upward motion.

WTI/USD (Oil):

Potential Route: Bullish

General momentum of the chart: Bullish

Worth might see a short-term pullback towards the pivot earlier than rising once more towards the first resistance.

Pivot: 99.97

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

1st assist: 94.89
Supporting causes: Recognized as a pullback assist, indicating a key degree the place the worth might stabilize as soon as extra.

1st resistance: 110.90
Supporting causes: Recognized as a swing excessive resistance, indicating a possible space that would halt any additional upward motion.

XAU/USD (GOLD):

Potential Route: Bearish

General momentum of the chart: Bullish

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

Pivot: 4,779.01

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

1st assist: 4,646.76
Supporting causes: Recognized as an overlap assist, indicating a key degree the place the worth might stabilize as soon as extra.

1st resistance: 4,889.58
Supporting causes: Recognized as a swing excessive resistance, indicating a possible space that would halt any additional upward motion.

The accuracy, completeness and timeliness of the knowledge contained on this website can’t be assured. IC Markets International doesn’t guarantee, assure or make any representations, or assume any legal responsibility concerning monetary outcomes based mostly on using the knowledge within the website.

Information, views, opinions, suggestions and different data obtained from sources exterior of www.icmarkets.com, used on this website are believed to be dependable, however we can’t assure their accuracy or completeness. All such data is topic to alter at any time with out discover. IC Markets International assumes no accountability for the content material of any linked website.

The truth that such hyperlinks could exist doesn’t point out approval or endorsement of any materials contained on any linked website. IC Markets International isn’t responsible for any hurt brought on by the transmission, by way of accessing the companies or data on this website, of a pc virus, or different laptop code or programming machine that is perhaps used to entry, delete, injury, disable, disrupt or in any other case impede in any method, the operation of the location or of any person’s software program, {hardware}, information or property.

The put up Wednesday thirteenth Might 2026: Technical Outlook and Assessment first appeared on IC Your Buying and selling Edge | Official Weblog.

- Advertisement -

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

Latest article