24 Aug. 2026

24–28 Aug. 2026

powered by Land Prime

• AUD/USD

Update: AUD/USD continues to maintain a strong bullish structure after extending its recent advance to multi-week highs. Persistent weakness in the U.S. dollar has supported the Australian dollar, while price has successfully broken above the previous 0.7165 resistance area. The pair is now approaching another important upside zone around 0.7200–0.7270. A sustained break above this region could reinforce the bullish trend and open the way toward higher levels. On the downside, 0.7100 represents the first important support, followed by 0.7050. As long as price remains above these levels, the broader bullish structure remains intact.

• EUR/USD

Update: EUR/USD remains firmly supported following its recent rally as continued U.S. dollar weakness keeps buyers in control. The pair is consolidating after reaching multi-month highs, with the 1.1800 area emerging as the next major technical hurdle. A sustained breakout above this level would confirm renewed bullish momentum and could allow the broader advance to continue. On the downside, the 1.1610 area represents an important short-term support. As long as price remains above this region, the broader bullish structure remains intact. A break below 1.1610 would weaken momentum and expose the 1.1500 area.

• GBP/JPY

Update: GBP/JPY continues to trade within a strong bullish structure after extending its recent advance toward the 217.00 area. The pair has maintained a series of positive closes, although momentum has temporarily slowed after reaching 217.10. Price is currently consolidating near the highs while remaining above important short-term support. A sustained break above 217.10 would reinforce the bullish continuation scenario and could expose the 218.50–220.00 region. On the downside, 216.30 represents the first important support, followed by 215.00. Holding above these levels keeps the broader bullish trend intact.

• GBP/USD

Update: GBP/USD remains within a constructive bullish structure following its strong multi-week recovery. The pair has advanced toward three-month highs, although recent price action suggests that buyers are encountering increasing resistance at elevated levels. Short-term momentum remains positive, but consolidation may develop before another attempt higher. A sustained break above the 1.3650 area would strengthen the bullish continuation scenario and could expose 1.3750. On the downside, 1.3500 represents the first important support, followed by 1.3400. Holding above these levels would preserve the broader recovery structure.

• XAU/USD

Update: Gold has extended its powerful August rally and moved above the 4,600 level, reaching its highest price in more than three months. The advance continues to be supported by a weaker U.S. dollar, concerns surrounding the U.S. fiscal outlook, and renewed demand for defensive assets. Despite the strong bullish structure, the rapid pace of the recent advance increases the possibility of short-term profit-taking. The 4,700 area represents the next major upside barrier. A sustained breakout above this level could extend the rally toward 4,800. On the downside, the 4,550–4,500 region should now act as an important support zone. Holding above this area would keep the broader bullish structure firmly intact.