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Monday, January 12, 2026

Monday twelfth January 2026: Technical Outlook and Evaluate | IC Markets

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Potential Path: Bullish

General momentum of the chart: Bearish

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

Pivot: 97.74

Supporting causes: Recognized as an overlap help that aligns with the 61.8% Fibonacci retracement, the place renewed shopping for strain may emerge to push the worth larger.

1st help: 96.37

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

1st resistance: 99.22
Supporting causes: Recognized as an overlap resistance, indicating a possible space that might halt any additional upward motion

Potential Path: Bearish

General momentum of the chart: Bullish

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

Pivot: 1.1770

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

1st help: 1.1552

Supporting causes: Recognized as a pullback help that aligns with the 78.6% Fibonacci retracement, indicating a possible stage the place the worth may stabilize as soon as once more.

1st resistance: 1.1919

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

Potential Path: Bullish

General momentum of the chart: Bullish

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

Pivot: 181.62

Supporting causes: Recognized as an overlap help, the place renewed shopping for strain may emerge to push the worth larger.

1st help: 177.97
Supporting causes: Recognized as a pullback help, indicating a possible space the place the worth may once more stabilize.

1st resistance: 188.13
Supporting causes: Recognized as a resistance that’s supported by the 161.8% Fibonacci extension, indicating a possible stage that might cap additional upward motion.

Potential Path: Bearish
General momentum of the chart: Bullish

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

Pivot: 0.8721

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

1st help: 0.8607
Supporting causes: Recognized as an overlap help, indicating a possible space the place the worth may stabilize as soon as extra.

1st resistance: 0.8838
Supporting causes: Recognized as a swing excessive resistance, indicating a possible stage that might cap additional upward motion.

Potential Path: Bullish
General momentum of the chart: Bullish

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

Pivot: 1.3296

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

1st help: 1.3188
Supporting causes: Recognized as an overlap help that aligns with the 61.8% Fibonacci retracement, indicating a possible space the place the worth may stabilize as soon as extra.

1st resistance: 1.3545
Supporting causes: Recognized as an overlap resistance, indicating a possible stage that might halt additional upward motion.

Potential Path: Bullish

General momentum of the chart: Bullish

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

Pivot: 208.73

Supporting causes: Recognized as a pullback help, the place renewed shopping for strain may emerge to push the worth larger.

1st help: 207.19
Supporting causes: Recognized as an overlap help, indicating a possible stage the place the worth may stabilize as soon as extra.

1st resistance: 212.15
Supporting causes: Recognized as a swing excessive resistance, indicating a possible stage that might halt additional upward motion.

Potential Path: Bullish

General momentum of the chart: Bearish

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

Pivot: 0.7959

Supporting causes: Recognized as a pullback help, the place renewed shopping for strain may emerge to push the worth larger.

1st help: 0.7855
Supporting causes: Recognized as a multi-swing low help, indicating a possible stage the place the worth may stabilize as soon as once more.

1st resistance: 0.8104
Supporting causes: Recognized as a swing excessive resistance, indicating a possible stage that might cap additional upward motion.

Potential Path: Bullish

General momentum of the chart: Bullish

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

Pivot: 154.41

Supporting causes: Recognized as a pullback help, the place renewed shopping for strain may emerge to push the worth larger.

1st help: 151.03

Supporting causes: Recognized as a pullback help, indicating a robust space the place patrons would possibly return, and the worth may stabilize as soon as once more.

1st resistance: 160.23

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

Potential Path: Bearish                                                                                                                                                                                            

General momentum of the chart: Bearish

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

Pivot: 1.3933

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 help: 1.3796

Supporting causes: Recognized as a pullback help, indicating a key stage the place the worth may stabilize as soon as extra.

1st resistance: 1.4060

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

Potential Path: Bullish

General momentum of the chart: Bullish

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

Pivot: 0.6624

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

1st help: 0.6542

Supporting causes: Recognized as a pullback help  that aligns with the 61.8% Fibonacci retracement, this space has supplied sturdy help traditionally and will appeal to shopping for curiosity for a possible short-term bounce

1st resistance: 0.6741

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

Potential Path: Bullish

General momentum of the chart: Bearish

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

Pivot: 0.5682

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

1st help: 0.5584

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

1st resistance: 0.5838

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

Potential Path: Bullish

General momentum of the chart: Bullish

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

Pivot: 48,827.16

Supporting causes: Recognized as an overlap help, the place renewed shopping for strain may emerge to push the worth larger.

1st help: 47,713.62

Supporting causes: Recognized as an overlap help, suggesting a possible space the place the worth may stabilize as soon as once more.

1st resistance: 50,049.13

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

Potential Path: Bullish

General momentum of the chart: Bullish

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

Pivot: 24,626.60

Supporting causes: Recognized as a pullback help, the place renewed shopping for strain may emerge to push the worth larger.

1st help: 23,886.70

Supporting causes: Recognized as an overlap help, indicating a key stage the place the worth may stabilize as soon as extra.

1st resistance: 25,911.80

Supporting causes: Recognized as a resistance that’s supported by the 161.8%% Fibonacci extension and the 127.2% Fibonacci projection, indicating a possible space that might halt any additional upward motion.

Potential Path: Bullish

General momentum of the chart: Bullish

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

Pivot: 6,896.60

Supporting causes: Recognized as a pullback help, the place renewed shopping for strain may emerge to push the worth larger.

1st help: 6,755.80

Supporting causes: Recognized as an overlap help, indicating a possible stage the place the worth may stabilize as soon as once more.

1st resistance:7,181.26

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

Potential Path: Bearish

General momentum of the chart: Bullish

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

Pivot: 94,255.27

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

1st help: 80,712.26

Supporting causes: Recognized as an overlap help, indicating a possible stage the place the worth may stabilize as soon as extra.

1st resistance: 106,846.29

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

Potential Path: Bearish

General momentum of the chart: Bullish

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

Pivot: 3,390.47

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

1st help: 2,725.92

Supporting causes: Recognized as an overlap help that aligns with the 61.8% Fibonacci retracement, indicating a possible stage the place the worth may stabilize as soon as extra.

1st resistance: 3,838.62
Supporting causes: Recognized as a pullback resistance, indicating a possible space that might halt any additional upward motion.

Potential Path: Bullish

General momentum of the chart: Bullish

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

Pivot: 58.10

Supporting causes: Recognized as a pullback help, the place renewed shopping for strain may emerge to push the worth larger.

1st help: 55.13
Supporting causes: Recognized as a swing low help, indicating a key stage the place the worth may stabilize as soon as extra.

1st resistance: 62.14
Supporting causes: Recognized as an overlap resistance, indicating a possible space that might halt any additional upward motion.

Potential Path: Bullish

General momentum of the chart: Bullish

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

Pivot: 4,379.38

Supporting causes: Recognized as a pullback help, the place renewed shopping for strain may emerge to push the worth larger.

1st help: 4,201.75
Supporting causes: Recognized as a pullback help that aligns with the 50% Fibonacci retracement, indicating a key stage the place the worth may stabilize as soon as extra.

1st resistance: 4,549.86
Supporting causes: Recognized as a swing excessive resistance, indicating a possible space that might halt any additional upward motion.

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