DXY (U.S. Dollar Index):
Potential Direction: Bearish
Overall momentum of the chart: Bearish
The price is rising toward the pivot before continuing its bearish move down toward the 1st support.
Pivot: 97.31
Supporting reasons: Identified as a pullback resistance that is slightly above the 50% Fibonacci retracement, where selling pressure could intensify and potentially cap any upward retracement.
1st support: 96.58
Supporting reasons: Identified as an overlap support, indicating a potential area where the price could again stabilize.
1st resistance: 97.98
Supporting reasons: Identified as a swing high resistance, indicating a potential area that could halt any further upward movement
EUR/USD:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
The price is falling toward the pivot before continuing its bullish move up toward the 1st resistance.
Pivot: 1.1920
Supporting reasons: Identified as a pullbacksupport that aligns with the 61.8% Fibonacci retracement, where renewed buying pressure could emerge and push the price to the 1st resistance.
1st support: 1.1763
Supporting reasons: Identified as an overlap support, indicating a potential level where the price could stabilize once again.
1st resistance: 1.1920
Supporting reasons: Identified as a pullback resistance, indicating a potential level that could cap further upward movement.
EUR/JPY:
Potential Direction: Bullish
Overall momentum of the chart: Bearish
The price could see a short-term pullback toward the pivot before making a bullish move up toward the 1st resistance.
Pivot: 181.43
Supporting reasons: Identified as a pullback support, where renewed buying pressure could emerge to push the price higher.
1st support: 179.92
Supporting reasons: Identified as an overlap support, indicating a potential area where the price could again stabilize.
1st resistance: 184.08
Supporting reasons: Identified as an overlap resistance that aligns with the 50% Fibonacci retracement, indicating a potential level that could cap further upward movement.
EUR/GBP:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
The price could see a short-term pullback toward the pivot before rising again toward the 1st resistance.
Pivot: 0.8671
Supporting reasons: Identified as a pullback support that aligns with the 50% Fibonacci retracement, where renewed buying pressure could emerge to push the price higher.
1st support: 0.8632
Supporting reasons: Identified as a pullback support, indicating a potential area where the price could stabilize once more.
1st resistance: 0.8735
Supporting reasons: Identified as an overlap resistance, indicating a potential level that could cap further upward movement.
GBP/USD:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
The price could fall toward the pivot before continuing its bullish move toward the 1st resistance.
Pivot: 1.3549
Supporting reasons: Identified as an overlap support, where buying pressures could emerge and push the price higher.
1st support: 1.3488
Supporting reasons: Identified as a pullback support that aligns with the 61.8% Fibonacci projection, indicating a potential area where the price could stabilize once more.
1st resistance: 1.3765
Supporting reasons: Identified as a pullback resistance, indicating a potential level that could halt further upward movement.
GBP/JPY:
Potential Direction: Bearish
Overall momentum of the chart: Bullish
The price could make a short-term pullback toward the pivot before continuing its bearish move toward the 1st support.
Pivot: 210.03
Supporting reasons: Identified as a pullback resistance, which is slightly below the 38.2% Fibonacci retracement, where selling pressure could intensify and potentially cap any upward retracement.
1st support: 206.41
Supporting reasons: Identified as a pullback support that aligns with the 161.8% Fibonacci extension, indicating a potential level where the price could stabilize once more.
1st resistance: 217.18
Supporting reasons: Identified as a pullback resistance that aligns with the 61.8% Fibonacci retracement, indicating a potential level that could halt further upward movement.
USD/CHF:
Potential Direction: Bearish
Overall momentum of the chart: Bearish
The price could make a short-term pullback toward the pivot before falling again to the 1st support.
Pivot: 0.7738
Supporting reasons: Identified as a pullback resistance, where selling pressures could intensify and potentially cap any upward retracement.
1st support: 0.7640
Supporting reasons: Identified as a pullback support, indicating a potential level where the price could again stabilize.
1st resistance: 0.7817
Supporting reasons: Identified as a swing high resistance, indicating a potential level that could cap further upward movement.
USD/JPY:
Potential Direction: Bearish
Overall momentum of the chart: Bearish
The price is rising toward the pivot before continuing its bearish move down toward the 1st support.
Pivot: 154.64
Supporting reasons: Identified as a pullback resistance that is slightly below the 50% Fibonacci retracement, where selling pressures could intensify and potentially cap any upward retracement.
1st support: 152.15
Supporting reasons: Identified as a swing low support, indicating a strong area where buyers might return, and the price could stabilize once again.
1st resistance: 157.45
Supporting reasons: Identified as an overlap resistance. This level represents the next key area where upward movement could be capped amid increased selling pressure
USD/CAD:
Potential Direction: Bullish
Overall momentum of the chart: Bearish
The price could see a short-term pullback toward the pivot before rising toward the 1st resistance.
Pivot: 1.3584
Supporting reasons: Identified as a pullback support that aligns with the 38.2% Fibonacci retracement, where buying pressure could emerge and push the price higher.
1st support: 1.3510
Supporting reasons: Identified as a swing low support, indicating a key level where the price could stabilize once more.
1st resistance: 1.3702
Supporting reasons: Identified as a swing high resistance, making it a possible target for bullish advances and a level where some sellers could return to cap gains
AUD/USD:
Potential Direction: Bullish
Overall momentum of the chart: Bullish
The price could make a short-term pullback to the pivot and may continue its bullish move toward the 1st resistance
Pivot: 0.7032
Supporting reasons: Identified as a pullback support that aligns with the 50% Fibonacci retracement, where renewed buying pressure could emerge to push the price higher.
1st support: 0.6924
Supporting reasons: Identified as a multi-swing low support, indicating a potential area where the price could stabilize.
1st resistance: 0.7148
Supporting reasons: Identified as a swing high resistance, indicating a potential area that could halt any further upward movement.
NZD/USD
Potential Direction: Bearish
Overall momentum of the chart: Bullish
The price is reacting off the pivot and may fall toward the 1st support.
Pivot: 0.6046
Supporting reasons: Identified as a pullback resistance, where we could see a bearish move to the downside.
1st support: 0.5927
Supporting reasons: Identified as a pullback support, this area has provided strong support historically and may attract buying interest for a potential short-term bounce
1st resistance: 0.6087
Supporting reasons: Identified as a swing high resistance, indicating a potential area that could halt any further upward movement.
US30 (DJIA):
Potential Direction: Bearish
Overall momentum of the chart: Bullish
The price is currently reacting off the pivot before continuing its bearish move down toward the 1st support.
Pivot: 49,623.34
Supporting reasons: Identified as an overlap resistance that aligns with he 38.2% Fibonacci retracement, where selling pressures could intensify and potentially cap any upward retracement
1st support: 48,845.78
Supporting reasons: Identified as an overlap support, suggesting a potential area where the price could stabilize once again.
1st resistance: 50,517.10
Supporting reasons: Identified as a swing high resistance, indicating a potential area that could halt any further upward movement.
DE40 (DAX):
Potential Direction: Bullish
Overall momentum of the chart: Bullish
The price could see a short-term pullback toward the pivot before rising again toward the 1st resistance.
Pivot: 24,621.10
Supporting reasons: Identified as a pullback support, where renewed buying pressure could emerge to push the price higher.
1st support: 24,204.00
Supporting reasons: Identified as an overlap support, indicating a key level where the price could stabilize once more.
1st resistance: 25,194.67
Supporting reasons: Identified as a pullback resistance, indicating a potential area that could halt any further upward movement.
US500 (S&P 500):
Potential Direction: Bullish
Overall momentum of the chart: Bullish
The price could see a short-term pullback toward the pivot before rising again toward the 1st resistance.
Pivot: 6,823.43
Supporting reasons: Identified as a pullback support, where renewed buying pressure could emerge to push the price higher.
1st support: 6,730.52
Supporting reasons: Identified as a swing low support, indicating a potential level where the price could stabilize once again.
1st resistance: 7,007.05
Supporting reasons: Identified as a swing high resistance, indicating a potential area that could halt any further upward movement.
BTC/USD (Bitcoin):
Potential Direction: Bearish
Overall momentum of the chart: Bearish
The price could make a short-term pullback toward the pivot and may continue its bearish move toward the 1st support.
Pivot: 68,606.58
Supporting reasons: Identified as an overlap resistance, where selling pressures could intensify and potentially cap any upward retracement.
1st support:71,156.09
Supporting reasons: Identified as a pullback support, indicating a potential level where the price could stabilize once more.
1st resistance: 74,782.23
Supporting reasons: Identified as a pullback resistance, indicating a potential area that could halt any further upward movement.
ETH/USD (Ethereum):
Potential Direction: Bearish
Overall momentum of the chart: Bearish
The price could make a short-term pullback to the pivot and may continue its bearish move toward the 1st support.
Pivot: 2,184.12
Supporting reasons: Identified as a pullback resistance, where selling pressures could intensify and potentially cap any upward retracement.
1st support: 1,751.68
Supporting reasons: Identified as a swing low support, indicating a potential level where the price could stabilize once more.
1st resistance: 2,382.48
Supporting reasons: Identified as a pullback resistance that aligns with the 50% Fibonacci retracement, indicating a potential area that could halt any further upward movement.
WTI/USD (Oil):
Potential Direction: Bullish
Overall momentum of the chart: Bullish
The price has already bounced off the pivot and may continue its bullish move toward the 1st resistance
Pivot: 62.61
Supporting reasons: Identified as an overlap support, where renewed buying pressure could emerge to push the price higher.
1st support: 61.62
Supporting reasons: Identified as an overlap support, indicating a key level where the price could stabilize once more.
1st resistance: 66.23
Supporting reasons: Identified as a swing high resistance, indicating a potential area that could halt any further upward movement.
XAU/USD (GOLD):
Potential Direction: Bearish
Overall momentum of the chart: Bullish
The price could make a short-term pullback to the pivot and may continue its bearish move toward the 1st support.
Pivot: 5,092.50
Supporting reasons: Identified as a pullback resistance that is slightly below the 50%% Fibonacci retracement, where selling pressures could intensify and potentially cap any upward retracement.
1st support: 4,865.75
Supporting reasons: Identified as a pullback support, indicating a key level where the price could stabilize once more.
1st resistance: 5,267.50
Supporting reasons: Identified as a pullback resistance, indicating a potential area that could halt any further upward movement.
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The post Tuesday 17th February 2026: Technical Outlook and Review first appeared on IC Markets | Official Blog.