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Friday twentieth February 2026: Technical Outlook and Assessment | IC Markets

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Potential Route: Bearish

General momentum of the chart: Bearish

The worth might make a short-term pullback towards the pivot and will once more fall towards the first assist.

Pivot: 98.21

Supporting causes: Recognized as an overlap resistance that’s barely above the 61.8% Fibonacci retracement, the place promoting pressures might intensify and probably cap any upward retracement.

1st assist: 96.46

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

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

Potential Route: Bullish

General momentum of the chart: Bullish

The worth is falling towards the pivot earlier than making its bullish transfer up towards the first resistance.

Pivot: 1.1730

Supporting causes: Recognized as an overlap assist that aligns with the 61.8% Fibonacci projection and the 127.2% Fibonacci extension, the place renewed shopping for stress might emerge and push the value larger.

 1st assist: 1.1624

Supporting causes: Recognized as a pullback assist that aligns with the 100% Fibonacci projection, indicating a possible degree the place the value might stabilize as soon as once more.

1st resistance: 1.1833

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

Potential Route: Bearish

General momentum of the chart: Bearish

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

Pivot: 183.05

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

1st assist: 180.29
Supporting causes: Recognized as a pullback assist, indicating a possible space the place the value might once more stabilize.

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

Potential Route: Bullish

General momentum of the chart: Bullish

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

Pivot: 0.8722

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

1st assist: 0.8672
Supporting causes: Recognized as an overlap assist, indicating a possible space the place the value might stabilize as soon as extra.

1st resistance: 0.8800
Supporting causes: Recognized as a multi-swing excessive resistance, indicating a possible degree that would cap additional upward motion.

Potential Route: Bearish

General momentum of the chart: Bearish

The worth might make a short-term pullback towards the pivot, earlier than persevering with its transfer all the way down to the first assist.

Pivot: 1.3550

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

1st assist: 1.3353
Supporting causes: Recognized as an overlap assist that aligns with the 100% Fibonacci projection, indicating a possible space the place the value might stabilize as soon as extra.

1st resistance: 1.3693
Supporting causes: Recognized as a pullback resistance, indicating a possible degree that would halt additional upward motion.

Potential Route: Bearish

General momentum of the chart: Bearish

The worth might make a short-term pullback towards the pivot and will fall once more towards the first assist.

Pivot: 210.55

Supporting causes: Recognized as a pullback resistance that aligns with the 50% Fibonacci retracement, the place the value might stabilize as soon as extra.

1st assist: 207.15
Supporting causes: Recognized as an overlap assist, indicating a powerful space the place consumers would possibly return, and the value might stabilize as soon as once more.

1st resistance: 212.21
Supporting causes: Recognized as a pullback resistance, indicating a possible degree that would halt additional upward motion.

Potential Route: Bearish

General momentum of the chart: Bearish

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

Pivot: 0.7830

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

1st assist: 0.7641
Supporting causes: Recognized as a pullback assist, indicating a possible degree the place the value might once more stabilize.

1st resistance: 0.7963
Supporting causes: Recognized as an overlap resistance that aligns with the 78.6% Fibonacci retracement, indicating a possible degree that would cap additional upward motion.

Potential Route: Bullish

General momentum of the chart: Bearish

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

Pivot: 153.94

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

1st assist: 152.12

Supporting causes: Recognized as a swing low assist, indicating a powerful space the place consumers would possibly return, and the value might stabilize as soon as once more.

1st resistance: 157.68

Supporting causes: Recognized as an overlap resistance. This degree represents the subsequent key space the place upward motion could possibly be capped amid elevated promoting stress.

Potential Route: Bearish                                                                                                                                                                                 

General momentum of the chart: Bearish

The worth might see a short-term pullback towards the pivot, the place the value might reverse and fall towards the first assist.

Pivot: 1.3746

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

1st assist: 1.3632

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

1st resistance: 1.3800

Supporting causes: Recognized as an overlap resistance that aligns with the 127.2% Fibonacci extension, making it a potential goal for bullish advances and a degree the place some sellers might return to cap beneficial properties.

Potential Route: Bullish

General momentum of the chart: Bullish

The worth is falling towards the pivot and will once more make a bullish transfer towards the first resistance

Pivot: 0.6996

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

1st assist: 0.6926

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

1st resistance: 0.7090

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

Potential Route: Bullish

General momentum of the chart: Bullish

The worth might make a short-term pullback towards the pivot earlier than persevering with its bullish transfer to the first resistance.

Pivot: 0.5926

Supporting causes: Recognized as a pullback resistance that’s barely under the 38.2% Fibonacci retracement,  renewed shopping for stress might emerge to push the value larger.

1st assist: 0.5849

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

1st resistance: 0.6073

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

Potential Route: Bullish

General momentum of the chart: Bullish

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

Pivot: 48,837.19

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

1st assist: 48,062.29

Supporting causes: Recognized as a pullback assist that aligns with the 127.2% Fibonacci extension, suggesting a possible space the place the value might stabilize as soon as once more.

1st resistance: 50,500.08

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

Potential Route: Bullish

General 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: 24,841.66

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

1st assist: 24,281.64

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

1st resistance: 25,450.57

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

Potential Route: Bullish

General momentum of the chart: Bullish

The worth is presently reacting off the pivot and will make a bullish transfer towards the first resistance.

Pivot: 6,865.28

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

1st assist: 6,765.92

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

1st resistance: 7,007.09

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

Potential Route: Bullish

General momentum of the chart: Bearish

The worth is falling towards the pivot and will make a bullish transfer towards the first resistance.

Pivot: 62,700.37

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

1st assist: 57,821.66

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

1st resistance: 71,074.17

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

Potential Route: Bearish

General momentum of the chart: Bearish

The worth might make a short-term pullback to the pivot and will proceed its bearish transfer towards the first assist.

Pivot: 2,184.12

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

1st assist: 1,751.68

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

1st resistance: 2,382.48
Supporting causes: Recognized as a pullback resistance that aligns with the 50% Fibonacci retracement, indicating a possible space that would halt any additional upward motion.

Potential Route: Bullish

General momentum of the chart: Bullish

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

Pivot: 64.14

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

1st assist: 61.68
Supporting causes: Recognized as an overlap assist, indicating a key degree the place the value might stabilize as soon as extra.

1st resistance: 68.37
Supporting causes: Recognized as a pullback resistance, indicating a possible space that would halt any additional upward motion.

Potential Route: Bullish

General momentum of the chart: Bullish

The worth might make a short-term pullback towards the pivot earlier than persevering with its bullish transfer towards the first resistance.

Pivot: 4,774.81

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

1st assist: 4,552.09
Supporting causes: Recognized as an overlap assist, indicating a key degree the place the value might stabilize as soon as extra.

1st resistance: 5,093.10
Supporting causes: Recognized as a pullback resistance, indicating a possible space that would halt any additional upward motion.

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