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Friday twenty fourth April 2026: Technical Outlook and Overview

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DXY (U.S. Greenback Index):

Potential Course: Bullish

Total momentum of the chart: Bearish

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

Pivot: 98.53

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

1st help: 97.83

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

1st resistance: 99.32
Supporting causes: Recognized as a pullback resistance, indicating a possible space that might halt any additional upward motion

EUR/USD:

Potential Course: Bearish

Total momentum of the chart: Bullish

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

Pivot: 1.1720

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

1st help: 1.1620

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

1st resistance: 1.1851

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

EUR/JPY:

Potential Course: Bearish

Total 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: 187.100

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

1st help: 186.10
Supporting causes: Recognized as an overlap help, indicating a possible space the place the worth may once more stabilize.

1st resistance: 187.88
Supporting causes: Recognized as a swing excessive resistance, indicating a possible stage that might cap additional upward motion.

EUR/GBP:

Potential Course: Bearish
Total 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: 0.8686

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

1st help: 0.8660
Supporting causes: Recognized as an overlap help, indicating a possible space the place the worth may stabilize as soon as extra.

1st resistance: 0.8721
Supporting causes: Recognized as a swing excessive resistance, indicating a possible stage that might cap additional upward motion.

GBP/USD:

Potential Course: Bearish
Total 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:1.3478

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

1st help: 1.3345
Supporting causes: Recognized as a pullback help, indicating a possible space the place the worth may stabilize as soon as extra.

1st resistance: 1.3598
Supporting causes: Recognized as a pullback resistance, indicating a possible stage that might halt additional upward motion.

GBP/JPY:

Potential Course: Bullish

Total momentum of the chart: Bullish

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

Pivot: 213.30

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

1st help: 211.47
Supporting causes: Recognized as a pullback help, indicating a possible stage the place the worth may stabilize as soon as extra.

1st resistance: 215.72
Supporting causes: Recognized as a resistance that aligns with the 161.8% Fibonacci extension, indicating a possible stage that might halt additional upward motion.

USD/CHF:

Potential Course: Bearish

Total momentum of the chart: Bearish

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

Pivot: 0.7874

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

1st help: 0.7795
Supporting causes: Recognized as an overlap help, indicating a possible stage the place the worth may stabilize as soon as once more.

1st resistance: 0.7918
Supporting causes: Recognized as an overlap resistance, indicating a possible stage that might cap additional upward motion.

USD/JPY:

Potential Course: Bullish

Total momentum of the chart: Bullish

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

Pivot: 159.11

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

1st help: 157.66

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

1st resistance: 160.46

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

USD/CAD:

Potential Course: Bearish                                                                                                                                                                     

Total 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: 1.3735

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

1st help: 1.3643

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

1st resistance: 1.3806

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

AUD/USD:

Potential Course: Bullish

Total momentum of the chart: Bullish

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

Pivot: 0.7089

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

1st help: 0.6999

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

1st resistance: 0.7210

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

NZD/USD

Potential Course: Bearish

Total 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: 0.5856

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

1st help: 0.5777

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

1st resistance: 0.5920

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

US30 (DJIA):

Potential Course: Bullish

Total momentum of the chart: Bullish

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

Pivot: 48,770

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

1st help: 46,578.51

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

1st resistance: 49,913.81

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

DE40 (DAX):

Potential Course: Bullish

Total momentum of the chart: Bullish

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

Pivot: 23,968.53

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

1st help: 23,385.36

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

1st resistance: 25,330.21

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

US500 (S&P 500):

Potential Course: Bullish

Total momentum of the chart: Bullish

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

Pivot: 7,007.40

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

1st help: 6,897.09

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

1st resistance: 7,191.60

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

BTC/USD (Bitcoin):

Potential Course: Bullish

Total momentum of the chart: Bearish

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

Pivot: 73,432.05

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

1st help: 70,413.20

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

1st resistance: 79,412.15

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

ETH/USD (Ethereum):

Potential Course: Bullish

Total momentum of the chart: Bullish

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

Pivot: 2,2257.95

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

1st help: 2,169.68

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

1st resistance: 2,423.81
Supporting causes: Recognized as a swing excessive resistance, indicating a possible space that might halt any additional upward motion.

WTI/USD (Oil):

Potential Course: Bullish

Total momentum of the chart: Bullish

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

Pivot: 94.78

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

1st help: 84.86
Supporting causes: Recognized as an overlap help, indicating a key stage the place the worth may stabilize as soon as extra.

1st resistance: 105.53
Supporting causes: Recognized as an overlap resistance, indicating a possible space that might halt any additional upward motion.

XAU/USD (GOLD):

Potential Course: Bearish

Total 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: 4,792.71

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

1st help: 4,677.28
Supporting causes: Recognized as an overlap help, indicating a key stage the place the worth may stabilize as soon as extra.

1st resistance: 4,889.41
Supporting causes: Recognized as an overlap resistance, indicating a possible space that might halt any additional upward motion.

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The publish Friday twenty fourth April 2026: Technical Outlook and Overview first appeared on IC Your Buying and selling Edge | Official Weblog.

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