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Wednesday twenty second October 2025: Technical Outlook and Assessment | IC Markets

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Potential Path: Bullish

Total momentum of the chart: Bearish

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

Pivot: 98.55

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

1st assist: 98.00

Supporting causes: Recognized as a pullback assist that aligns with the 50% Fibonacci retracement, indicating a possible space the place the value might once more stabilize.

1st resistance: 99.53
Supporting causes: Recognized as a pullback resistance, indicating a possible space that would halt any additional upward motion

Potential Path: Bullish

Total momentum of the chart: Bullish

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

Pivot: 1.1582

Supporting causes: Recognized as a pullback assist that aligns with the 78.6% Fibonacci retracement, the place renewed shopping for strain might emerge to push the value increased.

1st assist: 1.1554

Supporting causes: Recognized as a multi-swing low assist, indicating a possible stage the place the value might stabilize as soon as once more.

1st resistance: 1.1655

Supporting causes: Recognized as a pullback resistance, indicating a possible stage that would cap additional upward motion.

Potential Path: Bullish

Total momentum of the chart: Bullish

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

Pivot: 176.07

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

1st assist: 174.93
Supporting causes: Recognized as an overlap assist that aligns with the 50% Fibonacci retracement, indicating a possible space the place the value might once more stabilize.

1st resistance: 177.75
Supporting causes: Recognized as a swing excessive resistance, indicating a possible stage that would cap additional upward motion.

Potential Path: Bearish

Total momentum of the chart: Bullish

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

Pivot: 0.8693

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

1st assist: 0.8646
Supporting causes: Recognized as an overlap assist that aligns with the 127.2% Fibonacci extension, indicating a possible space the place the value might stabilize as soon as extra.

1st resistance: 0.8719
Supporting causes: Recognized as an overlap resistance, indicating a possible stage that would cap additional upward motion.

Potential Path: Bullish
Total momentum of the chart: Bearish

The value is falling towards the pivot and will make a short-term pullback earlier than rising once more towards the first resistance

Pivot: 1.3356

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 value increased.

1st assist: 1.3309
Supporting causes: Recognized as a pullback assist that aligns intently with the 78.6% Fibonacci retracement, indicating a possible space the place the value might stabilize as soon as extra.

1st resistance: 1.3409
Supporting causes: Recognized as a pullback resistance, indicating a possible stage that would halt additional upward motion.

Potential Path: Bullish

Total momentum of the chart: Bullish

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

Pivot: 202.86

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

1st assist: 201.15
Supporting causes: Recognized as an overlap assist, indicating a possible stage the place the value might stabilize as soon as extra.

1st resistance: 204.86
Supporting causes: Recognized as a swing excessive resistance, indicating a possible stage that would halt additional upward motion.

Potential Path: Bullish

Total momentum of the chart: Bullish

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

Pivot: 0.7947

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

1st assist: 0.7896
Supporting causes: Recognized as a pullback assist that aligns with the 78.6% Fibonacci retracement, indicating a possible space the place the value might once more stabilize.

1st resistance: 0.8008
Supporting causes: Recognized as a pullback resistance that aligns intently with the 78.6% Fibonacci retracement, indicating a possible stage that would cap additional upward motion.

Potential Path: Bullish

Total momentum of the chart: Bullish

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

Pivot: 151.17

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

1st assist: 149.81

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

1st resistance: 152.47

Supporting causes: Recognized as an overlap resistance. This  is a big resistance that would cap additional upward motion and coincide with profit-taking zones for bullish positions

Potential Path: Bullish                                                                                                                                                                                                

Total momentum of the chart: Bearish

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

Pivot: 1.4005

Supporting causes: Recognized as an overlap assist that aligns with the 50% Fibonacci retracement, indicating a possible space the place shopping for curiosity might decide up.

1st assist: 1.3947

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

1st resistance: 1.4073

Supporting causes: Recognized as a swing excessive resistance, making it a potential goal for bullish advances and a stage the place some sellers might return to cap features

Potential Path: Bearish

Total momentum of the chart: Bullish

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

Pivot: 0.6530

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

1st assist: 0.6446

Supporting causes: Recognized as a swing low assist, this space has offered sturdy assist traditionally and will entice shopping for curiosity for a possible short-term bounce

1st resistance: 0.6558

Supporting causes: Recognized as a pullback resistance, this stage might cap upside potential within the present bearish construction.

Potential Path: Bearish

Total 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: 0.5762

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

1st assist: 0.5688

Supporting causes: Recognized as a swing low assist, this space has offered sturdy assist traditionally and will entice shopping for curiosity for a possible short-term bounce

1st resistance: 0.5803

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

Potential Path: Bullish

Total momentum of the chart: Bullish

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

Pivot: 46,684.86

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

1st assist: 46,182.48

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

1st resistance: 47,505.88

Supporting causes: Recognized as a resistance that’s supported by the 161.8% Fibonacci extension, indicating a possible space that would halt any additional upward motion.

Potential Path: Bearish

Total 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: 24,344.49

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

1st assist: 23,935.25

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

1st resistance: 24,771.19

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

Potential Path: Bullish

Total momentum of the chart: Bullish

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

Pivot: 6,697.28

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

1st assist: 6,592.60

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

1st resistance: 6,760.21

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

Potential Path: Bullish

Total momentum of the chart: Bullish

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

Pivot: 107,723.74

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

1st assist: 104,594.52

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

1st resistance: 116,139.03

Supporting causes: Recognized as an overlap resistance that aligns with the 100% Fibonacci projection, indicating a possible space that would halt any additional upward motion.

Potential Path: Bearish

Total 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: 4,263.96

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

1st assist: 3,831.00

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

1st resistance: 4,455.38
Supporting causes: Recognized as a pullback resistance, indicating a possible space that would halt any additional upward motion.

Potential Path: Bearish

Total 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: 60.57

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

1st assist: 56.79
Supporting causes: Recognized as a swing low assist, indicating a key stage the place the value might stabilize as soon as extra.

1st resistance: 63.15
Supporting causes: Recognized as a pullback resistance, indicating a possible space that would halt any additional upward motion.

Potential Path: Bearish

Total 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: 4,179.64

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

1st assist: 4,059.16
Supporting causes: Recognized as a pullback assist that aligns with the 78.6% Fibonacci retracement, indicating a key stage the place the value might stabilize as soon as extra.

1st resistance: 4,369.41
Supporting causes: Recognized as a multi swing excessive  resistancethat, indicating a possible space that would halt any additional upward motion.

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