Forex forecast 2023-08-06

Image credits: zbynek-burival-GrmwVnVSSdU-unsplash

Disclaimer:

TreLeS views on the charts is not advice or a recommendation to trade or invest, it is educational and general information only. Don’t blindly buy or sell the products discussed here.

Study the market analysis and be aware of the risk : reward.

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AUDJPY

1. The immediate resistance is near 94.2519
2. The immediate supports are near 92.1245 and 90.3168
3. Current price seems good for potential sellers
4. Entry on pullback is also possible by keeping the stoploss above 94.2519
5. Targets could be 92.1245 and 90.3168

EURCAD

1. The immediate resistances are near 1.48601 and 1.47804
2. The immediate support is near 1.45963
3. Current price seems good for potential buyers
4. Entry on pullback is also possible by keeping the stoploss below 1.45963
5. Targets could be 1.48601 and 1.47804

EURJPY

1. The immediate resistance is near 158.310
2. The immediate supports are near 153.422 and 154.714
3. Current price seems good for potential sellers
4. Entry on pullback is also possible by keeping the stoploss above 158.310
5. Targets could be 153.422 and 154.714

USDJPY

1. The immediate resistance is near 144.017
2. The immediate supports are near 140.866 and 138.903
3. Current price seems good for potential sellers
4. Entry on pullback is also possible by keeping the stoploss above 144.017
5. Targets could be 140.866 and 138.903

NSDQ

1. The immediate resistance is near 15835.9
2. The immediate supports are near 15054.1 and 14714.4
3. Current price seems good for potential sellers
4. Entry on pullback is also possible by keeping the stoploss above 15835.9
5. Targets could be 15054.1 and 14714.4

Gold

1. The immediate resistances are near 1952.73 and 1973.88
2. The immediate support is near 1916.98
3. Current price seems good for potential buyers
4. Entry on pullback is also possible by keeping the stoploss below 1916.98
5. Targets could be 1952.73 and 1973.88

Crude Oil

1. The immediate resistances are near 83.2632 and 87.8249
2. The immediate support is near 78.5744
3. Current price seems good for potential buyers
4. Entry on pullback is also possible by keeping the stoploss below 78.5744
5. Targets could be 83.2632 and 87.8249

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