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Monday, January 12, 2026

Wednesday seventeenth December 2025: Technical Outlook and Evaluate | IC Markets

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Potential Course: Bearish

General 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 help.

Pivot: 98.77

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

1st help: 97.97

Supporting causes: Recognized as an overlap help that aligns with the 161.8% Fibonacci extension, indicating a possible space the place the worth might once more stabilize.

1st resistance: 99.06
Supporting causes: Recognized as a pullback resistance, indicating a possible space that would halt any additional upward motion

Potential Course: Bullish

General 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: 1.1710

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

1st help: 1.1644

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

1st resistance: 1.1810

Supporting causes: Recognized as a swing excessive resistance that aligns carefully with the 100% Fibonacci projection, indicating a possible degree that would cap additional upward motion.

Potential Course: 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: 181.69

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 worth greater.

1st help: 179.92
Supporting causes: Recognized as a pullback help, indicating a possible space the place the worth might once more stabilize.

1st resistance: 183.02
Supporting causes: Recognized as a swing excessive resistance, indicating a possible degree that would cap additional upward motion.

Potential Course: 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: 0.8749

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

1st help: 0.8722
Supporting causes: Recognized as a multi-swing low help, indicating a possible space the place the worth might stabilize as soon as extra.

1st resistance: 0.8799
Supporting causes: Recognized as an overlap resistance, indicating a possible degree that would cap additional upward motion.

Potential Course: 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: 1.3353

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

1st help: 1.3287
Supporting causes: Recognized as an overlap help, indicating a possible space the place the worth might stabilize as soon as extra.

1st resistance: 1.3452
Supporting causes: Recognized as a swing excessive resistance, indicating a possible degree that would halt additional upward motion.

Potential Course: Bullish

General momentum of the chart: Bullish

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

Pivot: 207.17

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: 205.32
Supporting causes: Recognized as an overlap help, indicating a possible degree the place the worth might stabilize as soon as extra.

1st resistance: 208.94
Supporting causes: Recognized as a swing excessive resistance, indicating a possible degree that would halt additional upward motion.

Potential Course: Bearish

General 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 help.

Pivot: 0.7987

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

1st help: 0.7926
Supporting causes: Recognized as a pullback help that aligns with the 78.6% Fibonacci retracement, indicating a possible degree the place the worth might stabilize as soon as once more.

1st resistance: 0.8028
Supporting causes: Recognized as a pullback resistance, indicating a possible degree that would cap additional upward motion.

Potential Course: Bearish

General momentum of the chart: Bullish

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

Pivot: 155.34

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

1st help: 153.75

Supporting causes: Recognized as a swing low help that aligns carefully with the 127.2% Fibonacci projection, indicating a powerful space the place patrons would possibly return, and the worth might stabilize as soon as once more.

1st resistance: 156.95

Supporting causes: Recognized as a swing excessive resistance. This degree represents the subsequent key space the place upward motion could possibly be capped amid elevated promoting strain

Potential Course: Bearish                                                                                                                                                                                       

General 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 help.

Pivot: 1.3810

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

1st help: 1.3728

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

1st resistance: 1.3889

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

Potential Course: 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: 0.6622

Supporting causes: Recognized as an overlap help that aligns with the 23.6% Fibonacci retracement, the place renewed shopping for strain might emerge to push the worth greater.

1st help: 0.6572

Supporting causes: Recognized as a pullback help that aligns with the 38.6% Fibonacci retracement, this space has offered robust help traditionally and should entice shopping for curiosity for a possible short-term bounce

1st resistance: 0.6684

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 Course: Bearish

General momentum of the chart: Bullish

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

Pivot: 0.5796

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

1st help: 0.5743

Supporting causes: Recognized as a pullback help that aligns with the 38.2% Fibonacci retracement, this space has offered robust help traditionally and should entice shopping for curiosity for a possible short-term bounce

1st resistance: 0.5831

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

Potential Course: 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: 48,000

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 worth greater.

1st help: 47,372.40

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

1st resistance: 48,879.50

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

Potential Course: 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: 23,945.80

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

1st help: 23,488.00

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

1st resistance: 24,444.50

Supporting causes: Recognized as a swing excessive resistance that aligns with the 100% Fibonacci projection, indicating a possible space that would halt any additional upward motion.

Potential Course: 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: 6,773.23

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

1st help: 6,673.25

Supporting causes: Recognized as an overlap help that aligns with the 61.8% Fibonacci retracement, indicating a possible degree the place the worth might stabilize as soon as once more.

1st resistance: 6,920.20

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

Potential Course: Bearish

General 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 help.

Pivot: 88,893.73

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

1st help: 81,604.89

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

1st resistance: 94,626.23

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.

Potential Course: Bearish

General 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 help.

Pivot: 3,180.10

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

1st help: 2,904.01

Supporting causes: Recognized as an overlap help that aligns with the 61.8% Fibonacci projection, indicating a possible degree the place the worth might stabilize as soon as extra.

1st resistance: 3,404.43
Supporting causes: Recognized as an overlap resistance, indicating a possible space that would halt any additional upward motion.

Potential Course: Bearish

General 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 help.

Pivot: 57.33

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

1st help: 55.04
Supporting causes: Recognized as a swing low help that aligns with the 161.8%% Fibonacci extension and the 100% Fibonacci projection, indicating a key degree the place the worth might stabilize as soon as extra.

1st resistance: 58.55
Supporting causes: Recognized as a pullback resistance, indicating a possible space that would halt any additional upward motion.

Potential Course: 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: 4,255.04

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

1st help: 4,145.75
Supporting causes: Recognized as a pullback help, indicating a key degree the place the worth might stabilize as soon as extra.

1st resistance: 4,366.45
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.

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