31 Aug. 2026

- Head of European Market Strategy and Education Department
- Market research experience with over 7 years of comprehensive understanding of Financial Markets.
- Investment management using the combination of fundamental and technical market analysis.
- AUD/USD
Update: AUD/USD enters the week under renewed short-term pressure after its extended multi-week advance lost momentum. The pair recently ended an eight-week winning streak as a more hawkish Federal Reserve outlook supported a rebound in the U.S. dollar. Despite the pullback, the broader structure remains constructive while price holds above the 0.7040–0.7100 support region. A recovery above 0.7200 would restore bullish momentum and could bring the 0.7270 area back into focus. A sustained break below 0.7040, however, would signal a deeper correction and weaken the medium-term bullish structure.
| Resistance levels: | Support levels: | Recommended: |
| ▪ 0.7200 / 0.7270 | ▪ 0.7100 / 0.7040 | Bullish trend facing corrective pressure |
- EUR/USD
Update: EUR/USD has entered a corrective phase after its recent rally stalled near major resistance. The recovery from the July lows remains visible on the broader chart, but renewed U.S. dollar strength has pushed the pair back toward an important support zone. The 1.1500 area is now a key level for the short-term outlook. Holding above this region would keep the broader recovery structure intact and allow another attempt toward 1.1700–1.1800. A decisive break below 1.1500 would weaken the bullish structure and expose the 1.1420 area.
| Resistance levels: | Support levels: | Recommended: |
| ▪ 1.1700 / 1.1800 | ▪ 1.1500 / 1.1420 | Recovery trend testing key support |
- GBP/JPY
Update: GBP/JPY remains within a broader bullish trend, but recent price action has become increasingly volatile as concerns over Japanese yen intervention continue to influence JPY crosses. The pair is struggling to extend its advance near the 218.00–220.00 region, where selling pressure has increased. As long as price remains above 214.50, the medium-term bullish structure remains intact. A sustained break above 218.50 could reopen the path toward the psychological 220.00 level. On the downside, a break below 214.50 would increase the risk of a deeper correction toward 212.50.
| Resistance levels: | Support levels: | Recommended: |
| ▪ 218.50 / 220.00 | ▪ 214.50 / 212.50 | Bullish structure with elevated volatility |
- GBP/USD
Update: GBP/USD has pulled back after failing to sustain its recent advance above the 1.3600 region. Renewed demand for the U.S. dollar following the Fed's more hawkish tone has reduced upside momentum, although the broader recovery remains intact for now. The 1.3450 area represents the first important support and will be closely watched this week. A recovery above 1.3600 would signal renewed buying momentum and could expose the 1.3700 region. A sustained break below 1.3450 would increase downside pressure and bring 1.3350 into focus.
| Resistance levels: | Support levels: | Recommended: |
| ▪ 1.3600 / 1.3700 | ▪ 1.3450 / 1.3350 | Recovery losing short-term momentum |
- XAU/USD
Update: Gold enters the week in a corrective phase after its powerful August rally encountered strong selling pressure near the 4,700 region. The sharp pullback followed a more hawkish Federal Reserve message, which supported the U.S. dollar and pushed Treasury yields higher. Despite the decline, the broader bullish trend has not yet been invalidated. The 4,500 area represents the first major support, followed by 4,400. A recovery above 4,650 would improve short-term momentum and bring 4,700 back into focus. A sustained break below 4,500, however, could trigger a deeper correction toward the 4,400 region.
| Resistance levels: | Support levels: | Recommended: |
| ▪ 4,650 / 4,700 | ▪ 4,500 / 4,400 | Bullish trend undergoing sharp correction |