DAILY TECHNICAL ANALYSIS FOR AUGUST 16, 2021
EUR/USD
Current level – 1.1794
During the last trading session for the previous week, the corrective phase continued developing for the EUR/USD and the pair breached the resistance level of 1.1766. The next resistance lies at 1.1829. The forecast is for the pair to retest the support zone at 1.1711 once the corrective phase is complete. This week, investors’ attention will be focused on the data on the consumer price index for the euro area (Wednesday; 09:00 GMT) and the initial jobless claims for the U.S. (Thursday; 12:30 GMT).
USD/JPY
Current level – 109.49
The corrective phase continues for the pair as it violated the support level of 110.30 at the end of last week and, at the time of writing, is headed towards a test of the next support level at 109.44. The expectations are for the dollar to regain positions against the yen once the corrective phase is complete and for the resistance level of 110.56 to be re-tested. In the negative direction, the main support is found at 108.74.
GBP/USD
Current level – 1.3854
Like most of the other major currencies, the dollar depreciated against the sterling at the end of the previous week. At the time of writing, the Cable is headed towards a test of the resistance level at 1.3862 which, if successful, would deepen the correction and we might witness prices rise above 1.3900. In the negative direction, the first support lies at 1.3827. This week, investors’ attention will be focused on the data on the consumer price index (Wednesday; 06:00 GMT) and the retail sales for the UK (Friday; 06:00 GMT).
Gold price surpasses the first target
Gold price breached 1770.00 level clearly and builds support base above it, reinforcing the expectations of continuing the bullish trend, waiting to test 1797.00 as a next main target.
Moving above the EMA50 supports the suggested positive scenario, noting that breaking 1770.00 will stop the expected rise and press on the price to decline towards 1750.00 followed by 1735.00 areas initially.
The expected trading range for today is between 1765.00 support and 1800.00 resistance.
The expected trend for today: Bullish
Source: Technical analysis
Comments (117)
I enjoy what you guys tend to be up too. Such clever
work and coverage! Keep up the superb works guys I’ve incorporated you
guys to blogroll.
Hi, i believe that i saw you visited my website so i got here to return the want?.I’m attempting to
to find things to improve my website!I assume its good enough to make use of a few of
your ideas!!
I for all time emailed this webpage post page to all my friends, because if like to read it afterward my links will too.
A motivating discussion is definitely worth comment. I dothink that you need to write more on this issue, it might not be a taboosubject but usually people don’t talk about suchissues. To the next! Kind regards!!
Good post! We are linking to this great content on our website.
Keep up the good writing.
Magnificent goods from you, man. I’ve have in mind your stuff previous to
and you are just extremely magnificent. I actually like what you have got right here, certainly
like what you are stating and the best way during which you say it.
You’re making it enjoyable and you continue to care for to keep it smart.
I can’t wait to read much more from you. That is actually a great web site.
Nice answer back in return of this issue with firm arguments
and describing the whole thing regarding that.
I was wondering if you ever considered changing the structureof your website? Its very well written; I love what youve got to say.But maybe you could a little more in the way of content so people could connect withit better. Youve got an awful lot of text for only havingone or two images. Maybe you could space it outbetter?
Hello, the whole thing is going fine here and ofcourse every one is sharing
data, that’s actually excellent, keep up writing.
Great post.
Its such as you read my mind! You appear to grasp
a lot about this, like you wrote the ebook in it or something.
I feel that you can do with a few % to drive the message house a
little bit, but other than that, that is great blog.
A fantastic read. I will certainly be back.
… [Trackback]
[…] Read More to that Topic: dayfinanceltd.com/daily-technical-analysis-for-august-16-2021/ […]
… [Trackback]
[…] Read More here to that Topic: dayfinanceltd.com/daily-technical-analysis-for-august-16-2021/ […]
Do you mind if I quote a few of your posts as long as I provide credit and sources back to
your site? My blog site is in the very same
niche as yours and my visitors would definitely benefit
from a lot of the information you provide here. Please let me
know if this okay with you. Cheers!
It’s the best time to make a few plans for the longer term and it’s time to be happy.
I have read this submit and if I could I desire to
recommend you some interesting things or tips. Perhaps you could write next articles referring to
this article. I want to learn more things about it!
When I originally commented I clicked the “Notify me when new comments are added” checkbox and now each time
a comment is added I get three e-mails with
the same comment. Is there any way you can remove people from that service?
Cheers!
hey there and thank you for your information – I have certainly picked up anything new from
right here. I did however expertise some technical points using
this website, as I experienced to reload the site a lot of times previous to I could get it to load correctly.
I had been wondering if your web host is OK? Not that I am complaining, but sluggish loading instances times will very frequently affect your placement in google and can damage your high quality score if advertising and marketing
with Adwords. Anyway I am adding this RSS to my e-mail and
could look out for a lot more of your respective fascinating content.
Ensure that you update this again soon.
I’m not sure exactly why but this weblog is loading incredibly slow for me.
Is anyone else having this issue or is it a problem on my end?
I’ll check back later on and see if the problem still exists.
This is a really good tip especially to those fresh
to the blogosphere. Brief but very precise information… Appreciate your sharing
this one. A must read article!
Having read this I thought it was extremely informative.
I appreciate you taking the time and effort to put this content together.
I once again find myself personally spending
a significant amount of time both reading and commenting.
But so what, it was still worth it!
Link exchange is nothing else except it is simply placing the
other person’s website link on your page at suitable place and other
person will also do similar in favor of you.
I’d like to find out more? I’d want to find out more details.
Thanks for another informative web site. The
place else could I get that type of information written in such a
perfect means? I have a undertaking that I’m simply now working on,
and I’ve been at the look out for such information.
Why users still use to read news papers when in this
technological globe the whole thing is accessible on web?
… [Trackback]
[…] There you can find 21631 additional Information on that Topic: dayfinanceltd.com/daily-technical-analysis-for-august-16-2021/ […]
Hello There. I found your blog using msn. This is
a very well written article. I’ll make sure to bookmark it and return to read more of your useful information. Thanks for the post.
I will definitely comeback.
Excellent way of telling, and nice article to obtain data concerning my presentation topic, which i am going to deliver in college.
… [Trackback]
[…] Find More to that Topic: dayfinanceltd.com/daily-technical-analysis-for-august-16-2021/ […]
An outstanding share! I have just forwarded this onto a co-worker who had been doing
a little homework on this. And he actually ordered me dinner because I
found it for him… lol. So let me reword this…. Thanks for
the meal!! But yeah, thanx for spending the time to talk about this subject here on your internet site.
… [Trackback]
[…] Here you will find 20705 more Information to that Topic: dayfinanceltd.com/daily-technical-analysis-for-august-16-2021/ […]
Great post.
… [Trackback]
[…] Find More on to that Topic: dayfinanceltd.com/daily-technical-analysis-for-august-16-2021/ […]
… [Trackback]
[…] Here you can find 15438 more Info on that Topic: dayfinanceltd.com/daily-technical-analysis-for-august-16-2021/ […]
What a stuff of un-ambiguity and preserveness of valuable experience about unpredicted feelings.
… [Trackback]
[…] Find More here on that Topic: dayfinanceltd.com/daily-technical-analysis-for-august-16-2021/ […]
… [Trackback]
[…] Read More here on that Topic: dayfinanceltd.com/daily-technical-analysis-for-august-16-2021/ […]
Hello, this weekend is pleasant in favor of me, for the reason that this point in time i am reading this fantastic educational post here at my residence.
Feel free to surf to my webpage … tracfone special coupon 2022
… [Trackback]
[…] Here you can find 13016 more Info on that Topic: dayfinanceltd.com/daily-technical-analysis-for-august-16-2021/ […]
… [Trackback]
[…] Info on that Topic: dayfinanceltd.com/daily-technical-analysis-for-august-16-2021/ […]
… [Trackback]
[…] Info on that Topic: dayfinanceltd.com/daily-technical-analysis-for-august-16-2021/ […]
… [Trackback]
[…] Find More here on that Topic: dayfinanceltd.com/daily-technical-analysis-for-august-16-2021/ […]
… [Trackback]
[…] Find More to that Topic: dayfinanceltd.com/daily-technical-analysis-for-august-16-2021/ […]
meclizine 25mg brand
I truly appreciate this blog post. Want more.
Very good blog post.Really thank you! Will read on…
Fantastic article post.Really thank you! Awesome.
Appreciate you sharing, great blog article.Really looking forward to read more. Much obliged.
Great, thanks for sharing this article.Really thank you! Much obliged.
I really like and appreciate your blog article.Much thanks again. Will read on…
Hey, thanks for the blog article.Thanks Again. Will read on…
Enjoyed every bit of your article.Much thanks again. Cool.
I really like and appreciate your blog article. Really Cool.
I think this is a real great blog.Thanks Again. Keep writing.
Say, you got a nice blog article.Thanks Again. Will read on…
Major thanks for the post.Really looking forward to read more. Will read on…
Major thankies for the article. Will read on…
Very good blog post.Thanks Again. Fantastic.
Im grateful for the blog post. Cool.
Great blog.Thanks Again. Great.
Wow, great article.
Muchos Gracias for your article.Thanks Again. Will read on…
Great, thanks for sharing this blog article. Want more.
Thanks for sharing, this is a fantastic article.Really looking forward to read more. Want more.
wow, awesome article post.Thanks Again. Cool.
Very good article.Really thank you! Really Great.
Great, thanks for sharing this blog.Really thank you! Really Cool.
Really appreciate you sharing this blog article. Keep writing.
Thanks-a-mundo for the post. Great.
I appreciate you sharing this blog article.Much thanks again.
I appreciate you sharing this blog post. Fantastic.
Im grateful for the post.Really thank you! Cool.
Thank you for your blog article.Really thank you! Much obliged.
Hey, thanks for the blog.Thanks Again.
Im grateful for the article post. Much obliged.
A big thank you for your article post.Thanks Again. Awesome.
Great blog post.Much thanks again. Really Great.
I truly appreciate this blog.Thanks Again. Great.
Thanks for sharing, this is a fantastic article.Much thanks again. Awesome.
I appreciate you sharing this blog.Really thank you! Much obliged.
Wow, great blog article.
Hello There. I discovered your blog using msn. This is a really neatly written article. I will make sure to bookmark it and return to read extra of your useful info. Thanks for the post. I will definitely comeback.
Thanks-a-mundo for the blog post.Really thank you! Great.
Really appreciate you sharing this article.Really looking forward to read more. Really Great.
Looking forward to reading more. Great article.Thanks Again. Will read on…
Enjoyed every bit of your blog.Really looking forward to read more. Great.
dysfunction erectile: ed treatment pills for erection
I really enjoy the blog article.Thanks Again. Cool.
Some really excellent info I look forward to the continuation.
I cannot thank you enough for the blog article.Much thanks again. Really Cool.
Nice post. I learn something new and challenging on blogs I stumbleupon on a daily basis.
I think this is a real great article post.Thanks Again. Cool.
Wow, great blog.Thanks Again. Want more.
I m often to blogging and i really appreciate your content. The article has actually peaks my interest.
I m going to bookmark your web site and maintain checking for brand spanking new information. Watch bbc persian
This is my first time pay a quick visit at here and i am really happy to read everthing at one place
Pretty! This has been a really wonderful post. Many thanks for providing these details.
Muchos Gracias for your article post.Much thanks again.
Fantastic blog article.Thanks Again.
Very informative blog post. Great.
I m going to bookmark your web site and maintain checking for brand spanking new information.
I really like reading through a post that can make men and women think. Also thank you for allowing me to comment!
I appreciate you sharing this blog article.Really thank you!
Say, you got a nice article.Thanks Again. Really Great.
I appreciate you sharing this article.Really looking forward to read more. Much obliged.
Sight Care is a daily supplement proven in clinical trials and conclusive science to improve vision by nourishing the body from within. The SightCare formula claims to reverse issues in eyesight, and every ingredient is completely natural.
Great read! I’m also a writer with a passion for crafting engaging content
Some really excellent info Sword lily I detected this. dubai news live tv
Boostaro is a dietary supplement designed specifically for men who suffer from health issues. https://boostarobuynow.us/
I cannot thank you enough for the blog post.Really looking forward to read more. Want more.
Im thankful for the article post.Thanks Again. Will read on…
What’s up, yup this article is in fact good and I have learned lot of things from it about blogging. thanks.
Your posts are always so relevant and well-timed It’s like you have a sixth sense for what your readers need to hear
Major thankies for the post. Cool.
I have no words to describe how your content illuminated my day. Keep being that source of inspiration!
remarkable day starting with a phenomenal reading 🌄📘
marvelous day commencing with an incredible reading 📖🌇
incredible morning starting with an outstanding reading 📖🌅