πŸ“Œ Originally published at shunya.trade β€” View with interactive charts & tools.
Shunya.Trade Options Engine

Forex Market Pre-Market Analysis

August 05, 202608:45 PM LocalReal-Time Market Data
EUR/USD
1.15553
+0.42%
GBP/USD
1.34655
+0.29%
USD/JPY
157.766
+0.15%
AUD/USD
0.70597
+0.89%
USD/CAD
1.40125
-0.24%
USD/CHF
0.80722
-0.39%
Volatility Index — CBOE VIX
15.8% Moderate
EUR/USD
Bearish
1.15553
+0.42%
Intraday
Neutral
Daily
Neutral
Weekly
Bullish
Monthly
Bearish
RSI (60.3)Neutral
OVERSOLDNEUTRALOVERBOUGHT
TAE Quantitative Analysis
SHORTGrade: FScore: 0%
Entry Zone1.15207 – 1.16132
Stop Loss1.18701
TP 11.12270
TP 21.11030
TP 31.10750
Risk : Reward1 : 1.1
Analyst Summary
With price anchored above the 20-day moving average (1.14), the short-term trend channel favours continuation higher. RSI at 60 holds above the 50-line, confirming the bullish directional bias without yet reaching overbought extremes. The convergence-divergence oscillator is in bearish mode. Histogram expansion below zero signals sustained selling pressure.
Support / Resistance
Support1.13545
Resistance1.15620
Moving Averages
21-day SMA1.14578
50-day SMA1.14786
100-day SMA1.15697
200-day SMA1.16291
Moving Average Trends
Mixed MA positioning β€” no clear directional confluence.
Momentum (RSI)
RSI 60.3 β€” Bullish momentum above equilibrium.
MACD Analysis
TAE mode β€” refer to TAE direction signal above.
Bollinger Bands
20-period band. Price 1.15553; midline 1.14385.
Volume Analysis
FX spot β€” no centralised volume. Price action + TAE signal are primary inputs.
Chart Pattern / Confluence
TAE Signal: SHORT | Grade: F | Score: 0%
Fibonacci Retracements
LevelPrice
Extensions
ExtensionPrice
0.2361.15130
0.3821.14827
0.5001.14583
0.6181.14338
0.7861.13989
Trade Setup
Entry
1.15669
Stop Loss
1.18701
Take Profit
1.12270
Risk / Reward
1:1.1
Sell
GBP/USD
Neutral
1.34655
+0.29%
Intraday
Bullish
Daily
Bullish
Weekly
Bullish
Monthly
Bullish
RSI (44.1)Neutral
OVERSOLDNEUTRALOVERBOUGHT
TAE Quantitative Analysis
NEUTRALGrade: FScore: 0%
Entry Zone1.33308 – 1.36001
Stop Loss1.34655
TP 11.34655
TP 21.34655
TP 31.34655
Risk : Reward1 : 5.0
Analyst Summary
Price respects the 20-day average at 1.34 as a floor, offering a constructive base for directional longs. RSI at 44 lingers below the midline β€” momentum remains in the bears' hands, though not yet at capitulation levels. The convergence-divergence oscillator is in bearish mode. Histogram expansion below zero signals sustained selling pressure.
Support / Resistance
Support1.32732
Resistance1.35446
Moving Averages
21-day SMA1.33920
50-day SMA1.33635
100-day SMA1.34023
200-day SMA1.33982
Moving Average Trends
EMA 9 > EMA 21 and SMA 20 > SMA 50 β€” short and medium-term bullish alignment.
Momentum (RSI)
RSI 44.1 β€” Bearish momentum below equilibrium.
MACD Analysis
TAE mode β€” refer to TAE direction signal above.
Bollinger Bands
20-period band. Price 1.34655; midline 1.34025.
Volume Analysis
FX spot β€” no centralised volume. Price action + TAE signal are primary inputs.
Chart Pattern / Confluence
TAE Signal: NEUTRAL | Grade: F | Score: 0%
Fibonacci Retracements
LevelPrice
Extensions
ExtensionPrice
0.2361.34806
0.3821.34409
0.5001.34089
0.6181.33769
0.7861.33313
Trade Setup
Entry
1.34655
Stop Loss
1.34116
Take Profit
1.35733
Risk / Reward
1:2.0
Neutral
USD/JPY
Bearish
157.766
+0.15%
Intraday
Neutral
Daily
Neutral
Weekly
Bearish
Monthly
Bearish
RSI (26.2)Oversold
OVERSOLDNEUTRALOVERBOUGHT
TAE Quantitative Analysis
SHORTGrade: FScore: 0%
Entry Zone157.293 – 158.094
Stop Loss164.043
TP 1153.000
TP 2152.883
TP 3151.681
Risk : Reward1 : 0.7
Analyst Summary
The break below the 20-day SMA at 162 opens the door to further downside probing. RSI at 26 signals oversold conditions β€” the selling may be exhausted, creating a mean-reversion setup. Momentum confirmation is bearish β€” MACD histogram negative and signal-line crossover pointing lower.
Support / Resistance
Support155.256
Resistance163.979
Moving Averages
21-day SMA161.274
50-day SMA161.294
100-day SMA160.035
200-day SMA157.976
Moving Average Trends
Mixed MA positioning β€” no clear directional confluence.
Momentum (RSI)
RSI 26.2 β€” Oversold. Potential mean-reversion developing.
MACD Analysis
TAE mode β€” refer to TAE direction signal above.
Bollinger Bands
20-period band. Price 157.766; midline 161.927.
Volume Analysis
FX spot β€” no centralised volume. Price action + TAE signal are primary inputs.
Chart Pattern / Confluence
TAE Signal: SHORT | Grade: F | Score: 0%
Fibonacci Retracements
LevelPrice
Extensions
ExtensionPrice
0.236161.920
0.382160.647
0.500159.618
0.618158.588
0.786157.123
Trade Setup
Entry
157.694
Stop Loss
164.043
Take Profit
153.000
Risk / Reward
1:0.7
Sell
AUD/USD
Neutral
0.70597
+0.89%
Intraday
Neutral
Daily
Neutral
Weekly
Bullish
Monthly
Bullish
RSI (57.5)Neutral
OVERSOLDNEUTRALOVERBOUGHT
TAE Quantitative Analysis
NEUTRALGrade: FScore: 0%
Entry Zone0.69891 – 0.71303
Stop Loss0.70596
TP 10.70596
TP 20.70596
TP 30.70596
Risk : Reward1 : 11.0
Analyst Summary
Buyers defend the 20-day SMA at 0.70 β€” the near-term trend structure remains intact. The 58 RSI reading is comfortably above the midline β€” momentum aligns with the directional thesis. The moving-average convergence divergence reading confirms downside pressure with a negative and deepening histogram.
Support / Resistance
Support0.69137
Resistance0.70666
Moving Averages
21-day SMA0.69939
50-day SMA0.70042
100-day SMA0.70523
200-day SMA0.69144
Moving Average Trends
Mixed MA positioning β€” no clear directional confluence.
Momentum (RSI)
RSI 57.5 β€” Bullish momentum above equilibrium.
MACD Analysis
TAE mode β€” refer to TAE direction signal above.
Bollinger Bands
20-period band. Price 0.70597; midline 0.69853.
Volume Analysis
FX spot β€” no centralised volume. Price action + TAE signal are primary inputs.
Chart Pattern / Confluence
TAE Signal: NEUTRAL | Grade: F | Score: 0%
Fibonacci Retracements
LevelPrice
Extensions
ExtensionPrice
0.2360.70305
0.3820.70082
0.5000.69902
0.6180.69721
0.7860.69464
Trade Setup
Entry
0.70597
Stop Loss
0.70296
Take Profit
0.71197
Risk / Reward
1:2.0
Neutral
USD/CAD
Neutral
1.40125
-0.24%
Intraday
Neutral
Daily
Neutral
Weekly
Bearish
Monthly
Bullish
RSI (46.4)Neutral
OVERSOLDNEUTRALOVERBOUGHT
TAE Quantitative Analysis
NEUTRALGrade: FScore: 0%
Entry Zone1.38724 – 1.41526
Stop Loss1.40125
TP 11.40125
TP 21.40125
TP 31.40125
Risk : Reward1 : 1.0
Analyst Summary
Short-term trend damage is confirmed below the 20-day SMA (1.41). The path of least resistance points lower until this level is recovered. With RSI at 46, the path of least resistance remains to the downside until buyers can reclaim the neutral zone. On the MACD, the fast line has crossed below the signal line with a negative histogram β€” confirming the bearish momentum shift.
Support / Resistance
Support1.40000
Resistance1.41885
Moving Averages
21-day SMA1.40710
50-day SMA1.40609
100-day SMA1.39051
200-day SMA1.38553
Moving Average Trends
Mixed MA positioning β€” no clear directional confluence.
Momentum (RSI)
RSI 46.4 β€” Neutral zone. No strong directional signal.
MACD Analysis
TAE mode β€” refer to TAE direction signal above.
Bollinger Bands
20-period band. Price 1.40125; midline 1.40785.
Volume Analysis
FX spot β€” no centralised volume. Price action + TAE signal are primary inputs.
Chart Pattern / Confluence
TAE Signal: NEUTRAL | Grade: F | Score: 0%
Fibonacci Retracements
LevelPrice
Extensions
ExtensionPrice
0.2361.41440
0.3821.41165
0.5001.40942
0.6181.40720
0.7861.40403
Trade Setup
Entry
1.40125
Stop Loss
1.39800
Take Profit
1.40775
Risk / Reward
1:2.0
Neutral
USD/CHF
Bullish
0.80722
-0.39%
Intraday
Neutral
Daily
Neutral
Weekly
Bullish
Monthly
Bullish
RSI (53.4)Neutral
OVERSOLDNEUTRALOVERBOUGHT
TAE Quantitative Analysis
LONGGrade: FScore: 0%
Entry Zone0.80419 – 0.80964
Stop Loss0.78177
TP 10.83150
TP 20.84200
TP 30.84560
Risk : Reward1 : 1.0
Analyst Summary
The break below the 20-day SMA at 0.81 opens the door to further downside probing. The 53 RSI reading is comfortably above the midline β€” momentum aligns with the directional thesis. MACD histogram prints positive, confirming the bullish impulse leg is intact.
Support / Resistance
Support0.80300
Resistance0.82047
Moving Averages
21-day SMA0.81011
50-day SMA0.80422
100-day SMA0.79562
200-day SMA0.79285
Moving Average Trends
EMA 9 > EMA 21 and SMA 20 > SMA 50 β€” short and medium-term bullish alignment.
Momentum (RSI)
RSI 53.4 β€” Neutral zone. No strong directional signal.
MACD Analysis
TAE mode β€” refer to TAE direction signal above.
Bollinger Bands
20-period band. Price 0.80722; midline 0.81107.
Volume Analysis
FX spot β€” no centralised volume. Price action + TAE signal are primary inputs.
Chart Pattern / Confluence
TAE Signal: LONG | Grade: F | Score: 0%
Fibonacci Retracements
LevelPrice
Extensions
ExtensionPrice
0.2360.81635
0.3820.81380
0.5000.81173
0.6180.80967
0.7860.80674
Trade Setup
Entry
0.80692
Stop Loss
0.78177
Take Profit
0.83150
Risk / Reward
1:1.0
Buy
Market Search Previews
Key Takeaway
Track real yield differentials alongside forward rate expectations for macro-driven currency pair selection.
Free Daily Analysis
Get Pre-Market & Post-Market Setups Every Day
Options Engine signals for NIFTY, S&P 500, DAX, Forex & 10+ global markets β€” completely free.
Explore Shunya.Trade →
⚠ Disclaimer: This analysis is for educational and informational purposes only. It does not constitute financial advice. Options trading involves significant risk of loss. Past performance does not guarantee future results. Always conduct your own research and consult a qualified financial advisor before making any investment decisions.