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Aug 08
GBPUSD Wave Analysis – 7 August 2025

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 […]

Aug 08
NZDUSD Wave Analysis – 7 August 2025

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 […]

Aug 08
Daily technical analysis and forecast for 7 August 2025

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 […]

Aug 07
Chainlink Wave Analysis – 7 August 2025

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 […]

Aug 07
Solana Wave Analysis – 7 August 2025

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 […]

Aug 07
Gold strengthens amid trade risks and Fed rate cut expectations

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 […]