August 15th

USDCNH Buy position
Support levels: 6.7610 – 6.7490
Resistance levels: 6.7915 – 6.8025

GBPUSD Sell position
Support levels: 1.2058– 1.1970
Resistance levels: 1.2161 – 1.2210

🇨🇳The People's Bank of China unexpectedly lowered its key interest rates today in an attempt to prop up a collapsing economy weighed down by covid restrictions and a deepening real estate downturn.
The Central Bank cut the rate on its one-year loans by 10 basis points to 2.75%, and the seven-day reverse repo rate to 2% from 2.1%.

👉Investment idea: sell limit #HSI 20313, take profit 19889.

#eurgbp

EUR/GBP H1 Sell 0.8451
SL 0.8482
TP 0.8400

1️⃣ 🇨🇰 Reserve Bank of New Zealand rate decision on Wednesday. According to forecasts, the key rate will be increased from 2.5% to 3%. If expectations come true, the New Zealand dollar will have the opportunity to strengthen its positions, which could lead to an increase in the NZD/USD pair to 0.6500.

2️⃣ 📊 England inflation data on Wednesday. Analysts predict inflation to rise to 9.8%, which will accelerate the process of sliding the economy into recession. Against this background, the GBP/USD pair may fall to 1.1900.

3️⃣🛢Data on US oil inventories on Wednesday. It is expected that stocks of oil and oil products rose last week, which could put additional pressure on Brent and WTI, provoking a decrease in their value to $92 and $85 respectively;

4️⃣ 🇺🇸 Minutes of the last meeting of the US Federal Reserve on Wednesday. According to forecasts, the US regulator will once again signal its readiness for further rate hikes in order to fight inflation. Against this background, the dollar index (DXY) may test 107.00;

#gbpusd

GBP/USD H1 Sell 1.2068
SL 1.2125
TP 1.1964

#audusd

AUD/USD H1 Buy 0.7022
SL 0.6968
TP 0.7120

🇬🇧🇺🇸The growth of the yield spread between short-term UK and US government bonds will have a positive impact on the value of the British currency.

👉 Investment idea: buy limit GBPUSD 1.1990, take profit 1.2052.

🇪🇺The cost of natural gas in Europe has reached $2,450 per thousand cubic meters. The indicator is one step away from the historical maximum, and in the coming days we can see a new record for prices.

📈Such dynamics is positive for American gas, which now costs almost 8 times cheaper than European. The difference in prices will gradually narrow as US energy companies increase gas exports to the European market, which will lead to a reduction in blue fuel stocks in US storage facilities.

👉Investment idea: buy limit #GAS 8.845, take profit 9.091.

August 16th

USDCNH Sell position
Support levels: 6.7720 – 6.7540
Resistance levels: 6.8270 – 6.8450

#BRENT Buy position
Support levels: 91.44– 90.08
Resistance levels: 94.37 – 96.79

📉Bitcoin is trading near the upper limit according to the Bollinger Bands indicator, which is advisable to use to open sell positions.

🇺🇸The US Treasury will today hold another round of auctions for the placement of treasury bonds in the amount of $30 billion, which will reduce the surplus of dollar liquidity in the financial system. The withdrawal of liquidity has traditionally had a negative impact on the value of bitcoin.

👉Investment idea: sell limit BTCUSD 24715, take profit 22672.

#nzdusd

NZD/USD H1 Buy 0.6325
SL 0.6286
TP 0.6408

#eurgbp

EUR/GBP H1 Buy 0.8414
SL 0.8395
TP 0.8460

#euraud

EUR/AUD H1 Buy 1.4492
SL 1.4408
TP 1.4640

August 17th

EURUSD Sell position
Support levels: 1.0127 – 1.0046
Resistance levels: 1.0201 – 1.0274

#SP500 Sell position
Support levels: 4264– 4178
Resistance levels: 4325 – 4391

📈Rising yields on US government bonds will have a positive impact on the value of USDJPY, as the Central Bank of Japan limits the growth of yields on Japanese government bonds.

💰The capital of traders always goes to those assets with higher returns. To buy American papers, you first need to buy a dollar, and we expect high demand for the American currency.

👉Investment idea: buy limit USDJPY 134.50, take profit 135.20.

📈According to Gazprom's management, natural gas prices in Europe will reach $4,000 per 1,000 m³ in autumn against the backdrop of low gas reserves in underground storage facilities, which implies a 60% increase from current levels.

📊This situation will provoke a powerful price rally in the North American gas market, since gas in the United States is now 8 times cheaper than in Europe.

👉Investment idea: buy limit #GAS 9.29, take profit 9.55.

#eurcad

EUR/CAD H1 Buy 1.3085
SL 1.3035
TP 1.3192

🇺🇸 🇨🇳Geopolitical tensions between the US and China due to the situation in Taiwan will increase in the near future, which will lead to an outflow of capital from the Chinese currency. The USDCNH currency pair is aimed at testing the March high of 6.8373, and against this background, it is advisable to use the nearest support level for purchases.

👉Инвестиционная идея: sell limit USDCNH 6.7610, take profit 6.8373.

#usdjpy

USD/JPY H1 Buy 134.82
SL 134.27
TP 135.92