Date: August 5, 2026
Key levels: Support 99.80–99.42; Resistance 100.45–100.71.
Outlook: Neutral to bearish. NFP data on Friday will set direction.
Key levels: Support 155.23–155.10, 152.30; Resistance 160.00–162.00.
Outlook: Bearish below 160.00. Intervention risk remains elevated.
Key levels: Support $74.00–$73.00, $70.70; Resistance $80.00–$82.90.
Outlook: Bearish below $80.00. Two-way risk is extremely high.
Key levels: Support $4,000–$3,982–$3,944; Resistance $4,076–$4,120–$4,166.
Outlook: Neutral. NFP data will set direction.
Key levels: Support 9,080–9,000; Resistance 9,203 (all-time high).
Outlook: Bullish. Watch resistance near the record high.
Key levels: Support 3,800; Resistance 3,850.
Outlook: Neutral, watch 3,800 support.
US Dollar – Hovering Around 100
DXY trades around 100.00, pressured by intervention-driven yen strength and mixed US data. The ISM Manufacturing PMI hit 55.6 (highest in 4 years), supporting the dollar. However, US-Japan coordinated intervention continues to weigh on the greenback. CFTC data shows some flows returning to USD.Key levels: Support 99.80–99.42; Resistance 100.45–100.71.
Outlook: Neutral to bearish. NFP data on Friday will set direction.
USD/JPY – Intervention Pressure Remains
USD/JPY trades near 157.50. The US and Japan coordinated intervention, with Tokyo spending nearly 14 trillion JPY across two rounds. RSI at 26.9 (oversold) but no clear reversal signal yet. A head-and-shoulders pattern is forming.Key levels: Support 155.23–155.10, 152.30; Resistance 160.00–162.00.
Outlook: Bearish below 160.00. Intervention risk remains elevated.
WTI Crude – Plunges to $74
WTI crude drops to $74.50/bbl, its lowest in 3 weeks. Trump claimed peace talks with Iran are "ongoing" despite Iran denying negotiations. OPEC+ approved a production increase of 188k bpd from September, adding further pressure. Iran refuses to allow alternative shipping routes through Hormuz.Key levels: Support $74.00–$73.00, $70.70; Resistance $80.00–$82.90.
Outlook: Bearish below $80.00. Two-way risk is extremely high.
Gold – Trading Near $4,070
Gold trades near $4,070/oz, remaining below the 34-day MA ($4,076). Trump's decision to cancel strikes on Iran and claim peace talks triggered the pullback. However, Iran denied negotiations, keeping tensions alive. Markets are now waiting for US jobs data.Key levels: Support $4,000–$3,982–$3,944; Resistance $4,076–$4,120–$4,166.
Outlook: Neutral. NFP data will set direction.
ASX200 – Hits 5-Month High
ASX200 surged 1.4% to 9,149, a 5-month high, approaching the all-time high of 9,203. Tech (+3.9%) and healthcare (+2.4%) led gains. Strong Australian consumption data (+0.8%) and lower oil prices boosted sentiment.Key levels: Support 9,080–9,000; Resistance 9,203 (all-time high).
Outlook: Bullish. Watch resistance near the record high.
China Stocks – Tech Recovery
Shanghai Composite rose 0.3% to 3,822, while Shenzhen surged 3.25%. AI and semiconductor stocks led gains on strong volume. DeepSeek and Alibaba boosted investor sentiment. Banks corrected as flows rotated into growth sectors.Key levels: Support 3,800; Resistance 3,850.
Outlook: Neutral, watch 3,800 support.
Currency Pairs – Key Levels
- EUR/USD: 1.1516–1.1535 – Support 1.1423–1.1455; Resistance 1.1558–1.1600
- GBP/USD: 1.3440–1.3495 – Support 1.3400–1.3343; Resistance 1.3500–1.3551
- AUD/USD: 0.7035–0.7050 – Support 0.6946–0.6913; Resistance 0.7051–0.7100
Key Events This Week
- Today: JOLTS Job Openings, ADP Employment
- Thursday: Initial Jobless Claims
- Friday: Nonfarm Payrolls, Unemployment Rate – the main event
- DXY: Neutral, awaiting US data
- USD/JPY: Bearish, intervention risk high
- Gold: Neutral, below MA34
- Oil: Bearish, high volatility
- ASX200: Bullish, approaching record highs
- AUD/USD: Neutral, awaiting NFP
