17 Aug 2026

17–21 Aug. 2026

powered by Land Prime

• AUD/USD

Update: AUD/USD has lost some of its recent upside momentum after failing to extend the rally above the 0.7100 area. The pair is now consolidating near an important short-term support zone, while softer global risk sentiment is limiting demand for the Australian dollar. The broader structure remains constructive as long as price holds above 0.7040–0.7000. A recovery above 0.7140 would restore bullish momentum and could open the way toward 0.7200. However, a decisive break below 0.7040 would increase the risk of a deeper correction toward the psychological 0.7000 level.

• EUR/USD

Update: EUR/USD remains supported following its recent recovery, but upside momentum has slowed as the pair approaches an important resistance region. Buyers continue to benefit from softer expectations surrounding U.S. monetary policy, although the market has yet to establish a convincing breakout above recent highs. The 1.1610–1.1700 area remains the key upside zone. A sustained move above this region would reinforce the broader bullish structure. On the downside, 1.1520 is the first important support, followed by 1.1450. Holding above these levels would keep the recovery scenario intact.

• GBP/JPY

Update: GBP/JPY remains elevated after its strong medium-term advance, but short-term momentum has cooled around the 216.00 area. The pair is currently consolidating below resistance as traders assess the outlook for both UK and Japanese monetary policy. The broader trend remains constructive while price holds above the 214.50–215.00 region. A decisive breakout above 216.50 would strengthen the bullish continuation scenario and could bring the 219.50 area back into focus. A break below 214.50, however, would signal a deeper corrective phase toward 212.50.

• GBP/USD

Update: GBP/USD remains near the upper end of its recent range following several weeks of recovery, although momentum has weakened after the pair failed to extend convincingly above the 1.3550 area. Softer UK labour-market data has created some near-term pressure on sterling, while reduced expectations for further U.S. monetary tightening continue to limit downside pressure. A break above 1.3560 could restart the advance toward 1.3650. On the downside, 1.3480 represents the first important support. A sustained break below this area could expose 1.3400 and signal a broader corrective move.

• XAU/USD

Update: Gold remains volatile after failing to sustain its recent advance toward the upper end of the August range. Rising global bond yields triggered renewed selling pressure, but the metal continues to find demand as expectations for further U.S. monetary tightening have eased. The 4,400 area remains the first major resistance and represents an important threshold for renewed bullish momentum. A sustained breakout above 4,400 could bring the 4,475 region back into focus. On the downside, 4,300 remains a key structural support. A decisive break below this level would weaken the recovery and could expose the 4,250 area.