Market Review

Global markets opened the week with mixed momentum as the US dollar trades in a tight range, gold extends its bullish strength, and Bitcoin shows renewed downside pressure after breaking key support. Here’s a quick overview of the key technical levels and market sentiment shaping USDJPY, XAUUSD, EURUSD, and BTC. Stay informed and trade strategically.
Headway | vor 164 Tagen

Headway image

USD

The US dollar still remains at an indecisive rate of 97.30 to 100

USDJPY 

USDJPY Continues a slow bullish momentum.

And some signals for bullish momentum is still showing its hand at 154.010 to 154.500 range

XAUUSD

Full Take Profits have been smashed here as the signals for a buys was posted here today.

Gold is still highly full with more bullish strength to reach at least 5,500 soon

EURUSD

EURUSD is neutral-to-bearish. The dollar’s pressure dominates the pair’s behaviour as it is sensitive to the US macro data.

No significant expansion has been made as it is range bound consolidating after making a strong trend down

BTC

Bitcoin breaks the $66435.00 1hr support . Therefore having a breakout to the downside supporting sellers momentum so sellers still get more sell opportunities .

Meanwhile, BTC faces a serious risk of falling toward $60,000, should the bearish momentum increase.

N/B; the trend is still very bearish you will see the candle sticks below the moving averages

Trade now! 👑

 

Headway
Typ: STP, ECN
Vorschrift: FSCA (South Africa)
read more
The dollar wavers but climbs

The dollar wavers but climbs

Dollar gains as geopolitical risks lift oil and yields, while USDJPY rebounds and gold awaits the US jobs report.
FxPro | vor 6Std 54 Minuten
Iran Plans New Hormuz Rules; Markets Eye U.S. Jobs Data

Iran Plans New Hormuz Rules; Markets Eye U.S. Jobs Data

U.S. July nonfarm payrolls, seen as a critical test of labour market direction. Forecast: +80,000 jobs (prior +57,000), unemployment rate rising to 4.3% (prior 4.2%), average hourly earnings steady at +0.3% MoM. Against the backdrop of record equity highs, a soft dollar, and gold’s rebound, this report is the week’s global market centrepiece.
ATFX | vor 10Std 21 Minuten
Oil Markets Stabilize as Hormuz Agreement Eases Supply Concerns | 6th August, 2026

Oil Markets Stabilize as Hormuz Agreement Eases Supply Concerns | 6th August, 2026

Oil markets stabilized after the Iran-Oman agreement eased concerns over supply disruptions in the Strait of Hormuz, while fading expectations of further Federal Reserve rate hikes weakened the US Dollar. The softer Greenback supported the Canadian Dollar, Swiss Franc, and Euro as investors turned their focus to energy markets, central bank guidance, and upcoming economic data.
Moneta Markets | vor 1 Tagen