Daily Technical analysis for August 09, 2021
EUR/USD
Current level – 1.1746
The nonfarm payrolls data published in the last trading session allowed the bears to enter the market and the U.S. Dollar has strongly appreciated against the euro. At the time of writing, we are witnessing a successful breach of the critical support at 1.1760. This is a clear signal that the pair will most probably continue its downward movement attacking the next level located at 1.1700. In the opposite direction the first important resistance lies at 1.1824. This week, investors’ attention will be focused on the data on the ZEW Economic Sentiment (Tuesday; 09:00 GMT) and the Core CPI for the US (Wednesday; 12:30 GMT).
USD/JPY
Current level – 110.25
The appreciation of the U.S. dollar against the Japanese yen was limited to just below the resistance level at 110.37. It is possible to witness a consolidation in the range 110.13 – 110.37. Only a breach оf the resistance at 110.37 would give the bulls a chance to enter the market and lead the pair towards the next level at 110.55. However, a breach of the support at 110.13 would be a signal for sell-offs toward the support at 109.77.
GBP/USD
Current level – 1.3856
After the successful breach of the support at 1.3884 the currency pair manages to hold below this level, and the sentiments are similar to those for the EUR/USD. The expectations are for an appreciation of the U.S. Dollar against the other major currencies, leading the pair towards a test of the support at 1.3826, which has a chance to be successful. If this scenario does not become a reality, we may witness a move towards the resistance at 1.3830. The most significant economic events for this week are the announcement of the data on the manufacturing production and the GDP for the UK that will be announced on Thursday at 06:00 GMT.
Gold price suffers sharp losses
Gold price opened today’s trading with sharp decline to reach 1685.00 level, surpassing the recently suggested negative target, and rose to settle around 1734.00 level now, and we expect to resume the negative trades to visit 1680.00 areas again.
Therefore, the bearish bias will remain dominant in the upcoming sessions supported by the EMA50, noting that breaching 1770.00 will stop the suggested negative scenario and lead the price to start recovery attempts on the intraday and short term basis.
The expected trading range for today is between 1700.00 support and 1750.00 resistance.
The expected trend for today: Bearish
Source: Technical analysis
Comments (66)
Greetings from Los angeles! I’m bored to death at work so
I decided to check out your site on my iphone during lunch break.
I love the knowledge you present here and can’t wait to take a look when I get
home. I’m surprised at how quick your blog loaded on my phone ..
I’m not even using WIFI, just 3G .. Anyhow, superb blog!
Wow! This blog looks exactly like my old one! It’s
on a entirely different subject but it has pretty much the same layout and design.
Superb choice of colors!
Stunning quest there. What happened after? Take care!
I believe everything posted was very logical. However, think about this,
suppose you were to write a awesome headline? I am not saying your
content isn’t solid, but suppose you added something to possibly get folk’s attention? I mean Daily Technical analysis for August 09, 2021 – Day Finance Ltd is a little
boring. You should glance at Yahoo’s front page and see how they create article titles to grab
people interested. You might add a video or a related pic or
two to grab people interested about what you’ve
got to say. Just my opinion, it would make your blog a little livelier.
I all the time used to read post in news papers but now as I am a user of web therefore from now I am
using net for articles or reviews, thanks to web.
Hey There. I found your blog using msn. This is a very well written article.
I will be sure to bookmark it and return to read more of your useful information. Thanks for the post.
I’ll definitely comeback.
Fantastic beat ! I would like to apprentice whilst you amend your site, how could i subscribe for a blog website?
The account aided me a acceptable deal. I
were a little bit acquainted of this your broadcast offered vibrant transparent concept
Keep on working, great job!
Hey just wanted to give you a quick heads up. The words in your post seem to be running
off the screen in Chrome. I’m not sure if this is a format issue
or something to do with internet browser compatibility
but I thought I’d post to let you know. The style and design look great though!
Hope you get the issue fixed soon. Kudos
… [Trackback]
[…] Find More Information here on that Topic: dayfinanceltd.com/daily-technical-analysis-for-august-09-2021/ […]
… [Trackback]
[…] Here you will find 38035 more Information to that Topic: dayfinanceltd.com/daily-technical-analysis-for-august-09-2021/ […]
… [Trackback]
[…] Find More on that Topic: dayfinanceltd.com/daily-technical-analysis-for-august-09-2021/ […]
This is a great tip especially to those new to the blogosphere.
Simple but very accurate info… Appreciate your sharing
this one. A must read article!
… [Trackback]
[…] Here you can find 54582 additional Information on that Topic: dayfinanceltd.com/daily-technical-analysis-for-august-09-2021/ […]
Excellent blog here! Also your site loads up very fast!
What host are you using? Can I get your affiliate link to your host?
I wish my site loaded up as fast as yours lol
I have read so many posts concerning the blogger lovers except this
piece of writing is truly a nice piece of writing, keep it up.
Hello! Do you use Twitter? I’d like to follow you if that would be
okay. I’m definitely enjoying your blog and look forward to new
updates.
Asking questions are truly fastidious thing if you are
not understanding something completely, however this piece of writing offers fastidious understanding even.
I got this website from my buddy who told me regarding this website and now this time I
am visiting this site and reading very informative content at
this time.
I always spent my half an hour to read this blog’s posts every day along with a mug of coffee.
You can certainly see your skills within the article you write.
The arena hopes for more passionate writers like you who aren’t afraid to say how they believe.
Always follow your heart.
Hi there colleagues, good piece of writing and pleasant urging commented here, I am
genuinely enjoying by these.
This website was… how do I say it? Relevant!! Finally I have found
something that helped me. Thanks a lot!
I am really inspired together with your writing skills and also with the structure to your
blog. Is this a paid subject matter or did you customize it your self?
Either way keep up the excellent high quality writing, it is uncommon to see a great weblog
like this one nowadays..
Wow, this paragraph is pleasant, my sister is analyzing these kinds of things, therefore I am going to tell her.
Great work! This is the type of information that are supposed to be shared across the internet.
Shame on Google for now not positioning this post higher!
Come on over and seek advice from my website .
Thank you =)
Hi, every time i used to check blog posts here
early in the break of day, for the reason that i love to gain knowledge of more and more.
… [Trackback]
[…] Here you will find 66751 additional Info to that Topic: dayfinanceltd.com/daily-technical-analysis-for-august-09-2021/ […]
… [Trackback]
[…] Read More on that Topic: dayfinanceltd.com/daily-technical-analysis-for-august-09-2021/ […]
… [Trackback]
[…] Information to that Topic: dayfinanceltd.com/daily-technical-analysis-for-august-09-2021/ […]
… [Trackback]
[…] Information on that Topic: dayfinanceltd.com/daily-technical-analysis-for-august-09-2021/ […]
… [Trackback]
[…] Find More on that Topic: dayfinanceltd.com/daily-technical-analysis-for-august-09-2021/ […]
… [Trackback]
[…] Find More on that Topic: dayfinanceltd.com/daily-technical-analysis-for-august-09-2021/ […]
… [Trackback]
[…] Read More here on that Topic: dayfinanceltd.com/daily-technical-analysis-for-august-09-2021/ […]
… [Trackback]
[…] Info to that Topic: dayfinanceltd.com/daily-technical-analysis-for-august-09-2021/ […]
Ahaa, its good dialogue about this paragraph at this place at
this webpage, I have read all that, so now me
also commenting here.
Feel free to surf to my web page: tracfone special
Great post, thank you
… [Trackback]
[…] Find More here to that Topic: dayfinanceltd.com/daily-technical-analysis-for-august-09-2021/ […]
… [Trackback]
[…] Read More to that Topic: dayfinanceltd.com/daily-technical-analysis-for-august-09-2021/ […]
doxycycline dosage for lyme disease H Oshima H Miyagawa Y Sato et al
51 Level of evidence 3iiiA propecia prescription online Miriam Carey, who took her 1 year old daughter on a drive that turned into a high speed chase on Capitol Hill, had delusions President Barack Obama was communicating with her
Suppression of intracellular superoxide dismutase activity by antisense oligonucleotides causes inhibition of progesterone production by rat luteal cells tamoxifen side effects in the elderly
Flow cytometry of live cells was performed to quantify GFP cells using a Fortessa instrument BD Biosciences clomid 100mg When you have an intense dinner conversation with your significant other photo via imgflip 11
when to start clomid Cyclophosphamide was obtained from Baxter, Spain
Sci 2010; 88 400 404 where to get nolvadex
Acrolein administered to rats by intraperitoneal injections increased urothelial cell proliferation Sakata et al buy liquid cialis online However, in scenarios for which TWIPS was designed, the clutter scatters nonlinearly and the target linearly while in situations using TWIPR, these properties are reversed
This data are from an ongoing study of men receiving treatment for ADT androgen depravation therapy cialis online no prescription Leslie Schover, Ph
what are the worst side effects of tamoxifen But wait your mom is 67
At this initial check up, your visual acuity will be measured to make sure it is safe for you to drive without glasses or contact lenses how to take doxycycline hyclate
Given the addictive nature of alcohol in most patients who use it heavily, counseling complete abstinence is prudent legit cialis online
vistagra dapoxetine 60mg hindi Schultz also sent letters on Thursday to business leaders, encouraging them to sign on to his initiative is lasix a blood thinner
This tool is available at www kamagra review 39 have Groin pain
For more information, visit RegO Products who sells viagra
clomid success rate Pitfall 2 with phenobarbital Extremely agitated patient
Such tumor heterogeneity is a consequence of clonal evolution, a process whereby cells within a cancer can acquire different mutations that lead them to be genetically and phenotypically distinct zithromax dosage for chlamydia
is to be praised, a more accurate analysis of the interaction of tamoxifen and trastuzumab on breast cancer cells is necessary to give a full view of the combination results is propecia safe 1 minute, 15 minutes, 30 minutes, 45 minutes, 1 hour, 2 hours, 4 hours, 6 hours, 12 hours, 24 hours, 48 hours, 72 hours, 96 hours, 1 week, 2 weeks, 3 weeks, 4 weeks, 5 weeks, 6 weeks, 8 weeks, or 12 weeks the administration of a second therapy to a subject which had, has, or is susceptible to a given disease
B6 effectively reduces blood estrogen and increases progesterone in the body making you much more conducive to getting pregnant how much azithromycin is needed to cure chlamydia FTIR spectra of fresh and DCL loaded MCM 41
… [Trackback]
[…] There you will find 28806 additional Information to that Topic: dayfinanceltd.com/daily-technical-analysis-for-august-09-2021/ […]
… [Trackback]
[…] Read More to that Topic: dayfinanceltd.com/daily-technical-analysis-for-august-09-2021/ […]
BOLD MRI Analysis buy cialis canadian
At present, however, our economic system scarcely recognizes the commons buy cialis 5mg online
What is the recommended daily dosage of Accutane if it is 10 milligrams? https://isotretinoinex.website/
Want to purchasing accutane online? Check out buy accutane online for trusted sources.
accutane 40 mg capsule generic accutane rx cost buy indian accutane
Wondering about the price of accutane medication? Find all the details at price of accutane.
Planning to purchase generic accutane? Find great offers at generic accutane.