Weekly Analysis

Technical Analysis: Key Levels – Major Pairs & Gold – 30 August 2021

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  • EURUSD, I believe the market will start rising if the 1.18000 level is broken and the next possible level for the market to test is the 1.18450 and 1.19000 level. On
  • GBPUSD, there is a high possibility for the market to rise to test the 1.38000 level.
  • AUDUSD, I believe a bullish trend will begin and the next possible level for the market to test is the 0.74000 and 0.74500 levels.
  • On NZDUSD, Next, I believe the market will start rising to test is the 0.71000 level.
  • On USDCHF, I believe there are possibilities for the market to drop if the 0.91000 level is broken and if that happens then the next level will be 0.90500 and 0.90300 levels.
  • On USDCAD, I believe the market will drop once the 1.26000 level is broken and if that happens then the next possible level will be 1.24700 and 1.24000 levels.
  • On USDJPY, there is a high probability for the market to drop to test the 109.300 level and if that level is broken, then the next possible level will be 108.500 level.
  • GOLD, I’m expecting a drop to test again the 1800 level before start rising to test the 1845 level.
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