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Thursday, March 19, 2026

Wednesday 18th March 2026: Technical Outlook and Evaluation

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DXY (U.S. Greenback Index):

Potential Course: Bullish

General momentum of the chart: Bearish

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

Pivot: 99.86

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

1st help: 98.86

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

1st resistance: 100.50
Supporting causes: Recognized as a swing excessive resistance, indicating a possible space that would halt any additional upward motion

EUR/USD:

Potential Course: 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: 1.1578

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

1st help: 1.1414

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: 1.1670

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

EUR/JPY:

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: 183.88

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

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

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

EUR/GBP:

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: 0.8675

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

1st help: 0.8618
Supporting causes: Recognized as a 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 50% Fibonacci retracement, indicating a possible degree that would cap additional upward motion.

GBP/USD:

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: 1.3376

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

1st help: 1.3218
Supporting causes: Recognized as a swing low help, indicating a possible space the place the value might stabilize as soon as extra.

1st resistance: 1.3475
Supporting causes: Recognized as an overlap resistance, indicating a possible degree that would halt additional upward motion.

GBP/JPY:

Potential Course: Bullish

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: 212.00

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

1st help: 210.57
Supporting causes: Recognized as a pullback help, indicating a possible degree the place the value might stabilize as soon as extra.

1st resistance: 213.20
Supporting causes: Recognized as an overlap resistance, indicating a possible degree that would halt additional upward motion.

USD/CHF:

Potential Course: 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: 0.7823

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 greater.

1st help: 0.7753
Supporting causes: Recognized as an overlap help, indicating a possible degree the place the value might stabilize as soon as once more.

1st resistance: 0.7910
Supporting causes: Recognized as an overlap resistance, indicating a possible degree that would cap additional upward motion.

USD/JPY:

Potential Course: 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: 158.78

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

1st help: 157.51

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

1st resistance: 159.88

Supporting causes: Recognized as a resistance that aligns with the 161.8% Fibonacci extension. This degree represents the following key space the place upward motion may very well be capped amid elevated promoting strain

USD/CAD:

Potential Course: 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: 1.3627

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

1st help: 1.3525

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

1st resistance: 1.3752

Supporting causes: Recognized as a swing excessive resistance, making it a potential goal for bullish advances and a degree the place some sellers might return to cap features

AUD/USD:

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: 0.7106

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

1st help: 0.6945

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

1st resistance: 0.7183

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

NZD/USD

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: 0.5855

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

1st help: 0.5780

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

1st resistance: 0.5907

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

US30 (DJIA):

Potential Course: 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: 47,466.55

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

1st help: 46,365.00

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: 48,217.80

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

DE40 (DAX):

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: 23,608.50

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

1st help: 22,796.40

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

1st resistance: 24,353.40

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.

US500 (S&P 500):

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: 6,767.04

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

1st help: 6,586.70

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: 6,836.65

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

BTC/USD (Bitcoin):

Potential Course: Bullish

General momentum of the chart: Bearish

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

Pivot: 72,857.86

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

1st help: 71,311.70

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

1st resistance: 76,255.07

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

ETH/USD (Ethereum):

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: 2,162.94

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

1st help: 2,075

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

1st resistance: 2,371.40
Supporting causes: Recognized as a swing excessive resistance that aligns with the 161.8% Fibonacci extension, indicating a possible space that would halt any additional upward motion.

WTI/USD (Oil):

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: 89.10

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

1st help: 75.12
Supporting causes: Recognized as an overlap help, indicating a key degree the place the value might stabilize as soon as extra.

1st resistance: 102.04
Supporting causes: Recognized as a swing excessive resistance, indicating a possible space that would halt any additional upward motion.

XAU/USD (GOLD):

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: 5,054.41

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

1st help: 4,857.05
Supporting causes: Recognized as a swing low help, indicating a key degree the place the value might stabilize as soon as extra.

1st resistance: 5,235.40
Supporting causes: Recognized as an overlap resistance, indicating a possible space that would halt any additional upward motion.

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The publish Wednesday 18th March 2026: Technical Outlook and Evaluation first appeared on IC Your Buying and selling Edge | Official Weblog.

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