News & Research

Market Research & Info

Land Prime analyst Shadi Abdo

  • Member of The Egyptian Society of Technical Analyst
  • Head of Education department, Market Strategist, Chief Technical Analyst of Global Leading Forex Brokerage companies
  • Trained over 5000 professional trainers more than 10 years
  • BSc in Economics from Mansoura University

8 Aug. 2025

powered by Land Prime

  • EURUSD

Update: EUR/USD bounced back toward 1.1676 after holding the 1.1540s, showing recovery signs. RSI is near 55, suggesting moderate bullish momentum. A sustained break above 1.1779 could open a retest of 1.1821, while failure to hold 1.1610 may revive bearish pressure.

Resistance levels: Support levels: Recommended:
▪ 1.1821
▪ 1.1779
▪ 1.1089
 ▪ 1.1676
▪ 1.1610
▪ 1.1089

Hold strength
  • GBPUSD

Update:GBP/USD found support around 1.3191 and rebounded. MACD is still bearish but momentum is slowing. Key test is around 1.3448; a break higher would shift focus to 1.3744. A drop back below 1.3191 could indicate deeper retracement.

Resistance levels: Support levels: Recommended:  
▪ 1.3744
▪ 1.3448
▪ 1.3191		 ▪ 1.3448
▪ 1.3191
▪ 1.2900

Buy recovery

 
  • GOLD

Update: Gold is testing the upper bound of its consolidation zone near 3400–3445. Stochastic near 90 signals potential exhaustion. Breakout above 3445 confirms bullish continuation, while failure near current levels may spark a pullback toward 3249.

Resistance levels: Support levels: Recommended:
▪ 3445.92
▪ 3249.31
▪ 3126.80		 ▪ 3400.52
▪ 3297.20
▪ 3249.31		 Monitor breakout

  • AUDUSD

Update: AUD/USD is testing a long-term descending trendline resistance near 0.6676. Awesome Oscillator is positive but flattening, indicating hesitation. Break above 0.6676 opens path to 0.6947, while rejection could send price back toward 0.6440.

Resistance levels: Support levels: Recommended:

▪ 0.7022
▪ 0.6947
▪ 0.6676

▪ 0.6526
▪ 0.6440
▪ 0.6365

Watch resistance
  • GBPJPY

Update: GBP/JPY remains stuck in a wide range between 195.33 and 199.71. Price rejected from highs again and now tests 197.87. As long as the range holds, short-term trades near boundaries remain viable. Breakout needed for directional bias.

Resistance levels: Support levels: Recommended:
▪ 199.71
▪ 197.87
▪ 195.33

▪ 197.48
▪ 196.00
▪ 194.00

Range trading

 

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