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Tuesday, March 3, 2026

Friday twenty seventh February 2026: Technical Outlook and Assessment | IC Markets

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Potential Path: Bullish

General momentum of the chart: Bearish

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

Pivot: 97.34

Supporting causes: Recognized as an overlap help that aligns with the 50% Fibonacci retracement, the place renewed shopping for stress might emerge to push the value larger.

1st help: 96.58

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

1st resistance: 98.07
Supporting causes: Recognized as a swing excessive resistance, indicating a possible space that would halt any additional upward motion

Potential Path: Bearish

General momentum of the chart: Bullish

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

Pivot: 1.1832

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

1st help: 1.1740

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

1st resistance: 1.1928

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

Potential Path: 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: 183.12

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

1st help: 182.21
Supporting causes: Recognized as a swing low help, indicating a possible space the place the value might once more stabilize.

1st resistance: 184.64
Supporting causes: Recognized as a pullback resistance, indicating a possible degree that would cap additional upward motion.

Potential Path: Bullish
General momentum of the chart: Bullish

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

Pivot: 0.8718

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

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

1st resistance: 0.8796
Supporting causes: Recognized as a swing excessive resistance, indicating a possible degree that would cap additional upward motion.

Potential Path: 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: 1.3528

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

1st help: 1.3433
Supporting causes: Recognized as a swing low help, indicating a possible space the place the value might stabilize as soon as extra.

1st resistance: 1.3602
Supporting causes: Recognized as a pullback resistance, indicating a possible degree that would halt additional upward motion.

Potential Path: 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: 209.59

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

1st help: 207.16
Supporting causes: Recognized as an overlap help, indicating a possible degree the place the value might stabilize as soon as extra.

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

Potential Path: Bullish

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: 0.7718

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

1st help: 0.7608
Supporting causes: Recognized as a swing low help, indicating a possible degree the place the value might stabilize as soon as once more.

1st resistance: 0.7794
Supporting causes: Recognized as a swing excessive resistance, indicating a possible degree that would cap additional upward motion.

Potential Path: 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: 155.30

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

1st help: 154.04

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

1st resistance: 157.45

Supporting causes: Recognized as an overlap resistance that aligns with the 100% Fibonacci projection. This degree represents the subsequent key space the place upward motion could possibly be capped amid elevated promoting stress

Potential Path: Bearish                                                                                                                                                                                  

General momentum of the chart: Bearish

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

Pivot: 1.3710

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

1st help: 1.3633

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

1st resistance: 1.3798

Supporting causes: Recognized as an overlap resistance, making it a potential goal for bullish advances and a degree the place some sellers might return to cap beneficial properties

Potential Path: Bullish

General momentum of the chart: Bullish

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

Pivot: 0.7032

Supporting causes: Recognized as an overlap help that aligns with the 50% Fibonacci retracement, the place renewed shopping for stress might emerge to push the value larger.

1st help: 0.6924

Supporting causes: Recognized as a swing low help, this space has supplied robust help traditionally and will 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 Path: Bullish

General momentum of the chart: Bullish

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

Pivot: 0.5941

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

1st help: 0.5853

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

1st resistance: 0.6010

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

Potential Path: Bearish

General momentum of the chart: Bullish

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

Pivot: 49,585.00

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

1st help: 48,796.20

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

1st resistance: 49,916.70

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

Potential Path: 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: 25,044.00

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

1st help: 24,638.60

Supporting causes: Recognized as a pullback help, 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 Path: 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: 6,890.60

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

1st help: 6,829.70

Supporting causes: Recognized as an overlap help, 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 Path: Bullish

General momentum of the chart: Bearish

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

Pivot: 66,618.44

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

1st help: 62,274.12

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

1st resistance: 71,147.05

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

Potential Path: Bullish

General momentum of the chart: Bullish

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

Pivot: 1,992.02

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

1st help: 1,793.66

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

1st resistance: 2,152.86
Supporting causes: Recognized as an overlap resistance that aligns with the 161.8% Fibonacci extension, indicating a possible space that would halt any additional upward motion.

Potential Path: Bullish

General momentum of the chart: Bullish

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

Pivot: 63.82

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

1st help: 62.35
Supporting causes: Recognized as an overlap help, indicating a key degree the place the value might stabilize as soon as extra.

1st resistance: 67.18
Supporting causes: Recognized as a swing excessive resistance, indicating a possible space that would halt any additional upward motion.

Potential Path: Bullish

General momentum of the chart: Bullish

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

Pivot: 5,092.50

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

1st help: 4,865.50
Supporting causes: Recognized as an overlap help, indicating a key degree the place the value might stabilize as soon as extra.

1st resistance: 5,321.53
Supporting causes: Recognized as a pullback resistance that aligns with the 78.6% Fibonacci retracement, indicating a possible space that would halt any additional upward motion.

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