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Sunday, March 8, 2026

Friday sixth March 2026: Technical Outlook and Evaluation | IC Markets

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Potential Route: Bullish

Total momentum of the chart: Bearish

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

Pivot: 98.39

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

1st assist: 97.50

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

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

Potential Route: Bearish

Total momentum of the chart: Bullish

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

Pivot: 1.1680

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

1st assist: 1.1550

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

1st resistance: 1.1755

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

Potential Route: Bearish

Total momentum of the chart: Bullish

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

Pivot: 183.88

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

1st assist: 182.21
Supporting causes: Recognized as an overlap assist, indicating a possible space the place the worth might once more stabilize.

1st resistance: 184.68
Supporting causes: Recognized as an overlap resistance, indicating a possible stage that would cap additional upward motion.

Potential Route: Bearish
Total momentum of the chart: Bullish

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

Pivot: 0.8718

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

1st assist: 0.8675
Supporting causes: Recognized as an overlap assist, indicating a possible space the place the worth might stabilize as soon as extra.

1st resistance: 0.8745
Supporting causes: Recognized as a pullback resistance, indicating a possible stage that would cap additional upward motion.

Potential Route: Bearish
Total momentum of the chart: Bullish

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

Pivot: 1.3416

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

1st assist: 1.3264
Supporting causes: Recognized as an overlap assist, indicating a possible space the place the worth might stabilize as soon as extra.

1st resistance: 1.3528
Supporting causes: Recognized as a pullback resistance, indicating a possible stage that would halt additional upward motion.

Potential Route: Bullish

Total momentum of the chart: Bullish

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

Pivot: 209.64

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

1st assist: 207.16
Supporting causes: Recognized as an overlap assist, indicating a possible stage the place the worth might stabilize as soon as extra.

1st resistance: 212.22
Supporting causes: Recognized as an overlap resistance that aligns with the 61.8% Fibonacci retracement, indicating a possible stage that would halt additional upward motion.

Potential Route: Bullish

Total momentum of the chart: Bearish

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

Pivot: 0.7762

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

1st assist: 0.7678
Supporting causes: Recognized as an overlap assist, indicating a possible stage the place the worth might stabilize as soon as once more.

1st resistance: 0.7861
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 Route: Bullish

Total momentum of the chart: Bullish

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

Pivot: 156.38

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

1st assist: 155.43

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: 157.71

Supporting causes: Recognized as an overlap resistance. This stage represents the following key space the place upward motion may very well be capped amid elevated promoting stress

Potential Route: Bearish                                                                                                                                                                                  

Total momentum of the chart: Bearish

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

Pivot: 1.3710

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

1st assist: 1.3628

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

1st resistance: 1.3798

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

Potential Route: Bearish

Total momentum of the chart: Bullish

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

Pivot: 0.7076

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

1st assist: 0.6945

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

1st resistance: 0.7148

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

Potential Route: Bearish

Total momentum of the chart: Bullish

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

Pivot: 0.5949

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

1st assist: 0.5853

Supporting causes: Recognized as a pullback assist that aligns with the 61.8% Fibonacci retracement, this space has offered robust assist traditionally and should entice shopping for curiosity for a possible short-term bounce

1st resistance: 0.6010

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

Potential Route: Bearish

Total momentum of the chart: Bullish

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

Pivot: 48,837.10

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

1st assist: 47,804.40

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: 49,296.40

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

Potential Route: Bearish

Total momentum of the chart: Bullish

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

Pivot: 24,353.40

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

1st assist: 23,659.00

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

1st resistance: 24,697.60

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

Potential Route: Bullish

Total momentum of the chart: Bullish

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

Pivot: 6,912.68

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

1st assist: 6,729.00

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

1st resistance: 6,976.62

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

Potential Route: Bullish

Total momentum of the chart: Bearish

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

Pivot: 70,118.77

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

1st assist: 67,485.77

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

1st resistance: 75,141.09

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

Potential Route: Bullish

Total momentum of the chart: Bullish

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

Pivot: 2,044.23

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

1st assist: 1,923.47

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

1st resistance: 2,187.69
Supporting causes: Recognized as an overlap resistance, indicating a possible space that would halt any additional upward motion.

Potential Route: Bullish

Total momentum of the chart: Bullish

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

Pivot: 75.16

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

1st assist: 67.40
Supporting causes: Recognized as an overlap assist that aligns with the 78.6% Fibonacci retracement, indicating a key stage the place the worth might stabilize as soon as extra.

1st resistance: 82.09
Supporting causes: Recognized as a swing excessive resistance, indicating a possible space that would halt any additional upward motion.

Potential Route: Bearish

Total momentum of the chart: Bullish

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

Pivot: 5,134.16

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

1st assist: 5.009.24
Supporting causes: Recognized as an overlap assist, indicating a key stage the place the worth might stabilize as soon as extra.

1st resistance: 5,205.49
Supporting causes: Recognized as an overlap resistance that aligns with the 50% Fibonacci retracement, indicating a possible space that would halt any additional upward motion.

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