Market Analysis
Detailed market analysis for the global markets provided by various regulated forex brokers technical analysis teams
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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 […]
Here is a detailed daily technical analysis and forecast for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCAD, XAUUSD and Brent for 7 August 2025. EURUSD forecast On the H4 chart of EURUSD, the market broke out of the consolidation range upwards. Today, 7 August 2025, the correction is expected to continue towards 1.1680. After this correction is […]
Chainlink: ⬆️ Buy – Chainlink reversed from the support area – Likely to rise to resistance level 19.55 Chainlink cryptocurrency recently reversed from the support area between the support level 15.00 (former resistance from June), lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse i from June. The upward reversal from […]
Solana: ⬆️ Buy – Solana reversed from support area – Likely to rise to resistance level 180.00 Solana cryptocurrency recently reversed from the support area between the pivotal support level of 160.00, lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward impulse 1 from June. The upward reversal from this support area […]
XAUUSD is trading near two-week highs, supported by increased demand for safe-haven assets, with prices currently at 3,380 USD. Discover more in our analysis for 7 August 2025. XAUUSD forecast: key trading points US President Donald Trump imposed an additional 25% tariff on Indian imports The tariff hike intensified trade tensions and increased global market […]
The EURUSD pair strengthened to 1.1657. The market awaits US employment data and news regarding the Federal Reserve. Discover more in our analysis for 7 August 2025. EURUSD forecast: key trading points The EURUSD pair strengthened as investors anticipate a Fed rate cut in September Personnel changes at the Federal Reserve unsettle market participants due […]
The S&P 500’s pullback after disappointing US employment statistics allowed investors to switch into the buy-the-dip mode. The FOMO strategy continues to dominate the stock market. Major players doubt whether the broad stock index can continue its rally amid the economic slowdown. The crowd is taking advantage of their sluggishness and increasing their long positions. […]
The JP 225 stock index has completed its correction and resumed upward movement. The JP 225 forecast for today is positive. JP 225 forecast: key trading points Recent data: Japan’s current account for June stood at 3.436 trillion JPY Market impact: this indicates a healthy economic structure and currency balance support, which generally boosts investor […]
The USDJPY rate is declining, falling to the support area around 147.00 amid general dollar weakness and positive data from Japan. Find out more in our analysis for 7 August 2025. USDJPY forecast: key trading points Market focus: Japan’s Leading Index rose to 106.1 in June, the highest since March this year Current trend: moving […]
Trade ideas for XAUUSD, EURJPY, and AUDUSD are available today. The ideas expire on 8 August 2025 at 8:00 AM (GMT +3). XAUUSD trade idea The primary trend for XAUUSD remains bullish, but the formation of a bearish divergence may limit upside and trigger a short-term correction. The recommended strategy is to buy on pullbacks. […]
After a prolonged decline, Brent quotes may correct towards the 68.50 USD area. Find more details in our analysis for 7 August 2025. Brent forecast: key trading points Brent crude oil prices form a correction US initial jobless claims: previously at 218 thousand, projected at 221 thousand Brent forecast for 7 August 2025: 68.50 Fundamental analysis […]