📊 DAILY MARKET FORECAST SUMMARY — AUGUST 20, 2026 📊
Here is the complete summary of technical and fundamental forecasts for major currency pairs, Gold, and Bitcoin for today:
📌 KEY MARKET TARGETS & DIRECTION SNAPSHOT
🟡 XAU/USD (Gold):
Consolidating near 4,488. An upside breakout above 4,529 targets 4,575, while a drop below 4,481 could trigger a corrective move towards 4,448.
💶 EUR/USD:
Trading near three-month highs around 1.1680. A break below 1.1658 may trigger a pullback to 1.1568, whereas an upside breakout over 1.1700 opens the way to 1.1777.
💷 GBP/USD:
Consolidating around 1.3610. Moving above 1.3638 targets 1.3773, while a downside break below 1.3580 could see a decline toward 1.3452.
🚀 BTC/USD (Bitcoin):
Holding at 69,411. A breakout above 70,096 targets the 71,402 peak, while losing 68,770 points to a correction toward the 67,010 central line support.
💴 USD/JPY:
Trading around 158.48. An upside break over 158.65 opens 159.17 – 161.61, whereas slipping below 157.82 targets the 157.00 lower boundary.
🇨🇦 USD/CAD:
Ranging near 1.3800. A breakdown below 1.3788 targets 1.3745, while a push above 1.3829 opens a rally toward the 1.3937 pivot level.
🇦🇺 AUD/USD:
Holding at 0.7115. A break above 0.7131 targets 0.7177, whereas a drop below 0.7097 could extend downward toward 0.7076 – 0.7050.
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