FXSMARTT

FXSMARTT

**NZDUSD Price Action Analysis – Monday, August 26** From a price action perspective, the overall trend of the NZDUSD pair is bullish, and the short-term structure is expected to remain inclined towards an upward movement. As a result, the price may bounce off the pivot level and head towards the first resistance. - **Pivot Level: 0.6202** - This level aligns...

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#ETHUSD - H1 📣 Analyzing the 1-hour timeframe, a break below the accumulation pattern's lower boundary at 2595 could lead to a price drop towards the 2490 area. ⛔️ Stop Loss: 2685 On the other hand, a break above the 2685 level could indicate a potential rise towards the 2800 area. ⛔️ Stop Loss: 2595

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#GOLD - H1 📣 Looking at the 1-hour timeframe, a breakout above the downward trend around the 2500 level could lead to a price increase towards the 2520 zone. ⛔️ Stop Loss: 2485 On the other hand, if the 2485 level breaks, selling could be initiated with a target of 2470. ⛔️ Stop Loss: 2500

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#BTCUSD - H1 📣 Analyzing the 1-hour timeframe, a break below the support level at 57623 could lead to a price drop towards the 55000 area. ⛔️ Stop Loss: 59700 On the other hand, a break above the 59700 level could indicate a potential rise towards the 62000 area. ⛔️ Stop Loss: 57623

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#GOLD - H1 📣 Looking at the 1-hour timeframe, with the break of the upward trend around the 2508 level, a price decline towards the 2492 area is expected. ⛔️ Stop Loss: 2520 On the other hand, if the 2520 level is broken, a buy position can be considered with a target of 2535. ⛔️ Stop Loss: 2508

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#GOLD - H1 📣 Looking at the 1-hour timeframe, as the price moves within the ascending channel towards the 2494 area, we can expect a price drop to the 2475 level. ⛔️ Stop Loss: 2510 On the other hand, if the 2510 level is broken, a buy opportunity emerges with a target of 2530. ⛔️ Stop Loss: 2494

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#EURUSD - H1 📣 Analyzing the 1-hour timeframe, a break above the resistance level at 1.1062 suggests the potential for price growth towards the 1.1100 area. ⛔️ Stop Loss: 1.1020 On the other hand, if the 1.1020 level is broken, a sell opportunity arises with a target of 1.0970. ⛔️ Stop Loss: 1.1062

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#GBPUSD - H1 📣 Analyzing the 1-hour timeframe, a break above the upper channel at 1.2981 presents a buying opportunity with a target of 1.3020. ⛔️ Stop Loss: 1.2945 On the other hand, if the 1.2945 level is broken, there is potential for a price decline towards the 1.2900 area. ⛔️ Stop Loss: 1.2981

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#GOLD - H1 📣 Looking at the 1-hour timeframe, if the resistance level around 2477 is broken, we can expect the price to rise towards the 2490 range. ⛔️ Stop Loss: 2465 On the other hand, if the 2465 level is broken, selling may be considered with a target of 2450. ⛔️ Stop Loss: 2477

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#GOLD - H1 📣 Looking at the 1-hour timeframe, if the support level at 2413 is broken, a price drop towards the 2398 zone is expected. ⛔️ Stop Loss: 2427 On the other hand, if the resistance level at 2427 is broken, a buy opportunity arises with a target of 2445. ⛔️ Stop Loss: 2413

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#GOLD - H1 📣 Looking at the 1-hour timeframe, a breakout above the resistance level at 2477 suggests a potential price increase to the 2500 area. ⛔️ Stop Loss: 2455 On the other hand, a break below the 2455 area could signal a selling opportunity with a target of 2430. ⛔️ Stop Loss: 2477

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# EURUSD - H1 Analysis 📣 Based on the 1-hour chart analysis, a break above the descending trendline at 1.0844 suggests potential for price growth towards the 1.0900 level. ⛔️ Stop Loss: 1.0800 On the other hand, if the price breaks below the 1.0800 level, a selling opportunity may arise with a target of 1.0740. ⛔️ Stop Loss: 1.0844

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#GBPUSD - H1 📣 Looking at the 1-hour timeframe, with the breach of the bearish trend in the 1.2890 area, one can take a buy trade with a target of 1.2950. ⛔️ Stop loss: 1.2845 On the other hand, with a breach of the 1.2845 area, one can be optimistic about the price growth up to the 1.2790 area. ⛔️ Stop loss: 1.2890

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#ETHUSD - H1 Analysis 📣 On the 1-hour timeframe, we anticipate that breaking the resistance level of the consolidation pattern around 3380 could pave the way for a price increase up to the 3550 level. ⛔️ Stop Loss: 3200 Conversely, if the support level around 3240 is broken, we could expect a potential decline in price towards the 3100 level. ⛔️ Stop Loss: 3380

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#BTCUSD - H1 Analysis 📣 On the 1-hour timeframe, a break above the key resistance level around 67261 could lead to a price increase towards the 70000 level. ⛔️ Stop Loss: 65700 Conversely, if the price breaks below the 65700 level, we could expect a potential decline towards the 63000 level. ⛔️ Stop Loss: 67261

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#GOLD - H1 Analysis 📣 On the 1-hour timeframe, a break above the resistance level at 2434 could lead to a price increase towards the 2458 level. ⛔️ Stop Loss: 2410 Alternatively, if the price breaks below the 2410 level, selling with a target of 2390 may be considered. ⛔️ Stop Loss: 2434

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#Brent Crude Oil - H1 Analysis 📣 Based on the 1-hour chart structure, a break above the descending trendline at 80.07 could be a buying opportunity with a target of 82.00. ⛔️ Stop Loss: 79.00 Conversely, if the price breaks below the 79.00 level, a decline towards 77.80 could be anticipated. ⛔️ Stop Loss: 80.07

FXSMARTT Updated 

#GOLD - H1 📣 Looking at the 1-hour timeframe, with the breach of the conversion level in the 2391 area, there is an expectation of price growth up to the 2420 area. ⛔️ Stop loss: 2364 On the other hand, with a breach of the 2364 area, one can take a sell trade with a target of 2337. ⛔️ Stop loss: 2391.