Day: August 8, 2025
Ethereum: ⬆️ Buy – Ethereum broke the resistance level 3925.00 – Likely to rise to resistance level 4108.00 Ethereum cryptocurrency recently broke the resistance level 3925.00 (which stopped the previous impulse wave 1 at the end of July). The breakout of the resistance level 3925.00 continues the active impulse wave 3, which started earlier from […]
Trump: ⬆️ Buy – Trump Coin reversed from the support area – Likely to rise to resistance level 10.75 Trump Coin recently reversed from the support area between the support level 8.440 (lower border of the sideways price range inside which the price has been moving from June) and the lower daily Bollinger Band. The […]
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD and Brent for 8 August 2025. EURUSD forecast On the H4 chart of EURUSD, the market broke above the consolidation range and completed a correction to 1.1698. Today, 8 August 2025, a downward impulse has reached 1.1611. The market […]
The USD continues to lose ground against the euro, and with the ECB’s upcoming decision, the EURUSD rate could soar towards 1.1750. Discover more in our analysis for 8 August 2025. EURUSD forecast: key trading points Appointment of Stephen Miran to the FOMC Board The euro corrects after strengthening against the USD EURUSD forecast for […]
The US Tech stock index remains in a strong uptrend and is set to reach new all-time highs. The US Tech forecast for next week is positive. US Tech forecast: key trading points Recent data: US initial jobless claims for last week came in at 226 thousand Market impact: current data signals a weakening labour […]
The USDJPY rate remains in a narrow range amid disagreements within the BoJ over the timing of future rate hikes. The current quote is 147.33. Find out more in our analysis for 8 August 2025. USDJPY forecast: key trading points BoJ members are split over the timing and pace of future rate hikes BoJ raised […]
Trade ideas for GBPCHF, USDCAD, and EURUSD are available today. The ideas expire on 8 August 2025 at 11:00 PM (GMT +3). GBPCHF trade idea The GBPCHF currency pair has been rising for the fifth consecutive session, breaking out of its previous range. The short-term trend has shifted into an upward phase; however, current levels […]
The AUDUSD rate is rising, firmly holding in the price area above 0.6500. Discover more in our analysis for 8 August 2025. AUDUSD forecast: key trading points Market focus: participants await the RBA rate decision early next week Current trend: moving upwards AUDUSD forecast for 8 August 2025: 0.6500 or 0.6550 Fundamental analysis Market participants […]
GBPUSD: ⬆️ Buy – GBPUSD reversed from the support area – Likely to rise to resistance level 1.3600 GBPUSD currency pair recently reversed from the support area between the strong support level of 1.3175 (former resistance from April) and the lower daily Bollinger Band. This support area was further strengthened by the 61.8% Fibonacci correction […]
NZDUSD: ⬆️ Buy – NZDUSD reversed from the support area – Likely to test resistance level 0.6050 NZDUSD currency pair recently reversed from the support area between the strong support level of 0.5880 (which has been reversing the price from May) and the lower daily Bollinger Band. The upward reversal from this support area created […]