Top Forex Brokers – Exciting Trading ideas For August 26 – September 1, 2024

Top Forex Brokers – Exciting Trading ideas For August 26 – September 1, 2024

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androidXAUUSD


XAUUSD has formed an inverted head-and-shoulders pattern in a long-term bullish trend. The price reached the neckline area, updating the historical maximum. However, a divergence was formed on the MFI. 
•If the bulls push the price above the resistance of 2520, it may rise to the resistance of 2600;
•A rebound from the resistance is likely to start the Gold’s correction to 2430.
androidNZDUSD


NZDUSD has been in a short-term bullish trend, reaching the Fibonacci Golden Pocket and forming a triple-top pattern. 
•If the bulls push the price above the resistance at 0.6190, the upside can be 0.6340;
•A rebound from the resistance may start a bearish scenario with a decline to 0.6050.
androidXNGUSD


In the Daily timeframe, XNGUSD fell to the critical support level after a long-term rise and is now consolidating near 61.8 Fibonacci. 
•If the bears break through the 2170 support, the price could drop all the way to the 2000 level;
•If the bears break through the 2170 support, the price could drop all the way to the 2000 level;

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