DAILY TECHNICAL ANALYSIS FOR AUGUST 10, 2022
EUR/USD
Current level – 1.0210
The pair continues tо consolidate since the second half of July. The main support remains the area between 1.0120 – 1.0150, and the main resistance is the wall at 1.0270. After such a long period of indecision, prices can be expected to break the range in either direction and it seems that the market currently needs a catalyst in order to find a clear direction. That could be the U.S. consumer price index scheduled for today at 12:30 GMT. A breach of the 1.0120 support would open the door to a new test of 1.0000. Provided that the U.S. inflation persists and the Fed continues to pursue its aggressive interest rate policy, an attack towards 0.9700 in the medium term is a possible scenario.
USD/JPY
Current level – 135.10
The last few days have been uncharacteristically calm for the USD/JPY, with prices consolidating between the 134.40 support and the 135.35 resistance. Expectations remain aligned with the direction of the main trend – for a breach of 135.35 and an attack on the next zone at 137.40. Another drop towards 134.40 is not ruled out, as such a scenario would allow the bulls to re-enter the market. If this zone fails, then the next support levels for the bears are 133.45 and 132.50.
GBP/USD
Current level – 1.2074
The Cable ended the session largely unchanged and failed to hold onto the day’s gains. For now, the bulls are finding support above 1.2020 and 1.2060, but further declines towards the 1.2020 zone are also not excluded. On the higher time frames, the downtrend has lost its momentum, but it seems that risk appetite is also lacking among market participants. A more likely scenario remains a continuation of the downtrend, while a breach of 1.2020 would put 1.1920 on the map for the bears.
Gold price approaches the first target
Gold price touched 1800.00$ barrier yesterday, showing sideways fluctuation near the intraday bullish channel’s support line, noticing that the EMA50 continues to support the price from below, waiting to resume the bullish bias to breach 1802.80 and open the way to head towards 1831.95.
Therefore, we will continue to suggest the bullish trend for the upcoming period, noting that breaking 1779.25 might press on the price to decline and test 1755.70 areas before any new attempt to rise.
The expected trading range for today is between 1780.00 support and 1810.00 resistance.
The expected trend for today: Bullish
Source: Technical analysis
Comments (56)
wonderful issues altogether, you just gained a new reader.
What could you suggest in regards to your put up that you simply
made a few days in the past? Any sure?
I enjoy what you guys are usually up too. This type of clever work and coverage!
Keep up the very good works guys I’ve included you guys to my blogroll.
Keep this going please, great job!
Good post. I learn something totally new and challenging on websites I stumbleupon on a daily basis.
It will always be interesting to read content from other writers and practice a little something from other
websites.
vk2at – vk8at, vk2at
renta de casas en Ecuador – renta de casas en Ecuador, renta de casas en Ecuador
optimizacion y posicionamiento – automatizacion de los procesos comerciales, Diseno y programaciones web
ссылка +на мега – mega darknet зеркала, mega555kf7lsmb54yd6etzginolhxxi4ytdoma2rf77ngq55fhfcnyid
flutter uikit – flutter uikit, react libraries
counterfeit money – Dark Pad, Carding deep web links
мега зеркало – mega tor зеркало, обход блокировки сайта mega
kraken onion – kraken darknet com, kraken com00588
солярис магазин даркнет – solaris market, solaris даркнет ссылка
как войти в даркнет – darkside tor, дарксайд onion
игровые автоматы вулкан россии с выводом – вулкан зеркало, игровые автоматы вулкан с выводом денег
solaris маркет onion – solaris площадка казахстан даркнет маркетплейс, solaris зеркала onion tor
cryptocurrency invest – cryptomixer, what is a bitcoin mixer
tornado cash how it works – tornado cash l2, tornado.cash fees
biz coin – bitcoin-laundry, clear bitcoin
coinswap – cryptocurrency exchanges, cryto news
coinswitch – bestexchanger, монеро
cryptocurrency exchange site – altcoin exchange uk, cryptocurrency converter
оземпик форум – оземпик таблетки, Оземпик 0.5 мг
не заходит на мега даркмаркет – как зайти на сайт мега, как попасть на сайт мега
Оземпик для похудения – оземпик +в беларуси купить, саксенда эффект
близкий веб ресурс https://school-essay.ru/
сторінка https://tvory.predmety.in.ua/
browse around this website https://engpoetry.com/
дізнатися більше https://osvita.ukr-lit.com/
her explanation https://it.painting-planet.com/
веб-сайті https://school.home-task.com/
славный вебсайт https://sel-hoz.com/
продовжити https://tvir.biographiya.com/
original site https://galeria-zdjec.com/
достохвальный веб ресурс https://art.goldsoch.info/
перейти на сайт https://ukrtextbook.com/
кликните сюда https://russian-poetry.com/
Kliknij tutaj https://polska-poezja.com/
ссылка на сайт https://studentguide.ru/
опубліковано тут https://ukrainian-poetry.com/
этот контент https://subject-book.com/
ссылка на мегу через тор – mega ссылка, мега даркнет
полимерпесчаные оборудования – оборудование для переработки пластикового мусора, производство оборудования для переработки пластика
посмотреть на этом сайте https://kp-inform.ru/catalog/diski_hpe/zhestkiy-disk-hp-250-gb-431689-001
зачем нужен аутстаффинг – виды аутстаффинга, аутсорсинг основное
чувствительный вебсайт томск электрик
ночные бабочки самара сайт – ночные бабочки самара сайт, Знакомства самара
Gta 5 cheats download – Gta 5 cheats, Gta 5 Mod Menu
ozempic цена – трулисити 1.5 +в спб, лираглутид 2018 цена сколько стоит
памятники в могилеве с ценами и фото – изготовление памятников в могилеве, купить памятник в могилеве
Rust Cheats – Download Rust Hack, Get Roblox Cheats
сайт мега даркнет – mega gl, зеркала мега
оземпик 1 – Оземпик красный аптеки, трулисити купить
мунжаро купить +в москве – семаглутид отзывы +по применению, препарат саксенда цена
саксенда купить +в турции – аземпик, препарат мунжаро
оземпик препарат отзывы инструкция +по применению – mounjaro tm, Оземпик 0.5 мг в наличии