2.6 C
United States of America
Wednesday, February 4, 2026

Tuesday twentieth January 2026: Technical Outlook and Overview | IC Markets

Must read


Potential Course: Bearish

General momentum of the chart: Bearish

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

Pivot: 99.18

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

1st help: 98.70

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

1st resistance: 99.49
Supporting causes: Recognized as a swing excessive resistance, indicating a possible space that would halt any additional upward motion

Potential Course: Bearish

General momentum of the chart: Bearish

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

Pivot: 1.1674

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

1st help: 1.1617

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

1st resistance: 1.1735

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

Potential Course: 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 help.

Pivot: 184.41

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

1st help: 182.54
Supporting causes: Recognized as swing low help, indicating a possible space the place the value might once more stabilize.

1st resistance: 185.53
Supporting causes: Recognized as a swing excessive resistance, indicating a possible stage that would cap additional upward motion.

Potential Course: 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 help.

Pivot: 0.8690

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

1st help: 0.8651
Supporting causes: Recognized as a multi-swing low help, indicating a possible space the place the value might stabilize as soon as extra.

1st resistance: 0.8706
Supporting causes: Recognized as an overlap resistance that aligns with the 61.8% Fibonacci retracement, indicating a possible stage that would cap additional upward motion.

Potential Course: Bearish
General momentum of the chart: Bullish

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

Pivot: 1.3429

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

1st help: 1.3320
Supporting causes: Recognized as a swing low help, indicating a possible space the place the value might stabilize as soon as extra.

1st resistance: 1.3489
Supporting causes: Recognized as an overlap resistance, indicating a possible stage that would halt additional upward motion.

Potential Course: 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 help.

Pivot: 212.65

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

1st help: 210.28
Supporting causes: Recognized as a multi-swing low help, indicating a possible stage the place the value might stabilize as soon as extra.

1st resistance: 214.29
Supporting causes: Recognized as a swing excessive resistance, indicating a possible stage that would halt additional upward motion.

Potential Course: Bullish

General momentum of the chart: Bearish

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

Pivot: 0.7966

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

1st help: 0.7909
Supporting causes: Recognized as an overlap help, indicating a possible stage the place the value might stabilize as soon as once more.

1st resistance: 0.8027
Supporting causes: Recognized as an overlap resistance, indicating a possible stage that would cap additional upward motion.

Potential Course: Bullish

General momentum of the chart: Bullish

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

Pivot: 157.58

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

1st help: 156.84

Supporting causes: Recognized as an overlap help, indicating a robust space the place patrons would possibly return, and the value might stabilize as soon as once more.

1st resistance: 159.31

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

Potential Course: Bullish                                                                                                                                                                                     

General momentum of the chart: Bearish

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

Pivot: 1.3859

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

1st help: 1.3799

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

1st resistance: 1.3938

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

Potential Course: 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 help.

Pivot: 0.6722

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

1st help: 0.6661

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

1st resistance: 0.6766

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

Potential Course: 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: 0.5749

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

1st help: 0.5690

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

1st resistance: 0.5822

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

Potential Course: 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: 48,844.50

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

1st help: 48,330.52

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

1st resistance: 49,617.45

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

Potential Course: 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: 24,687.00

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

1st help: 24,203.80

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

1st resistance: 25,501.92

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 Course: 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 help.

Pivot: 6,901.20

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

1st help: 6,795.90

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

1st resistance: 6,997.80

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

Potential Course: Bearish

General momentum of the chart: Bearish

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

Pivot: 94,237.50

Supporting causes: Recognized as an overlap resistance that aligns with the 38.2% Fibonacci retracement, the place promoting pressures might intensify and doubtlessly cap any upward retracement.

1st help: 91,670.00

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

1st resistance: 97,418.41

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

Potential Course: 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: 3,151.13

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

1st help: 3,051.82

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

1st resistance: 3,280.43
Supporting causes: Recognized as a pullback resistance, indicating a possible space that would halt any additional upward motion.

Potential Course: Bullish

General momentum of the chart: Bullish

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

Pivot: 60.26

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

1st help: 56.69
Supporting causes: Recognized as an overlap help, indicating a key stage the place the value might stabilize as soon as extra.

1st resistance: 62.16
Supporting causes: Recognized as a swing excessive resistance that aligns with the 161.8% Fibonacci projection, indicating a possible space that would halt any additional upward motion.

Potential Course: 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: 4,639

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

1st help: 4,549.86
Supporting causes: Recognized as an overlap help, indicating a key stage the place the value might stabilize as soon as extra.

1st resistance: 4,719.70
Supporting causes: Recognized as a resistance that’s supported by the 1161.8% Fibonacci extension and the 78.6% Fibonacci projection, indicating a possible space that would halt any additional upward motion.

The accuracy, completeness and timeliness of the data contained on this website can’t be assured. IC Markets International doesn’t guarantee, assure or make any representations, or assume any legal responsibility relating to monetary outcomes primarily based on the usage of the data within the website.

Information, views, opinions, suggestions and different info 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 info 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 is just not answerable for any hurt brought on by the transmission, by accessing the providers or info on this website, of a pc virus, or different laptop code or programming system that could be used to entry, delete, injury, disable, disrupt or in any other case impede in any method, the operation of the positioning or of any consumer’s software program, {hardware}, information or property.

- Advertisement -

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

Latest article