AUDUSD analysis for 13.08.2020

Consumer Inflation Expectation, Unemployment Rate and Employment Change were released in Australia and the US will publish Unemployment Claims and Continuing Claims.
The support rests at 0.71320 with resistance at 0.72160 which the weekly pivot point at 0.71520 is located in between the lines. The EMA of 10 is moving with bullish bias in the horizontal channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving on level 50, the MACD line is above the signal line in the positive territory and the Stochastic is moving in high ranges. The ADX is showing buy signal. The price is above the Ichimoku Cloud and above the Chinkou Span. The Tenkan-sen is showing a downward trend while the Kijun-sen is showing a horizontal trend.
Long positions are recommended towards 0.7240.

audusd
Source: fxglory

GBPUSD analysis for 13.08.2020

UK’s gross domestic product jumped 20.4% and the industrial production grew more than expected. While there are no major economic reports in the UK, GBPUSD will be chiefly under the influence of macro-economic data.
The support rests at 1.30060 with resistance at 1.31060 which the weekly pivot point at 1.30740 is located in between the lines. The EMA of 10 is moving horizontally in the ascendant channel and it is above the EMA of 200 and the EMA of 100. The RSI is moving above level 50, the Stochastic is moving in high ranges and the MACD line is below the signal line in the negative territory. The ADX is showing buy signal.
GBPUSD is moving in a tight range. The price may grow towards 1.31500 but then sellers can target 1.29900.

gbpusd
Source: fxglory

EURUSD analysis for 13.08.2020

The fundamental background for EURUSD is remaining neutral however the new cases of coronavirus is falling down in the US.
The support rests at 1.17600 with resistance at 1.18470 which the weekly pivot point at 1.17990 is located in between the lines. The EMA of 10 is moving with bullish bias in the horizontal channel and it is above the EMA of 200 and the EMA of 100. The RSI is rising above level 50, the Stochastic is moving in high ranges and the MACD line is above the signal line in the positive territory. The ADX is showing buy signal.
Considering the price growth, buyers can target the previous high at 1.19100.

eurusd
Source: fxglory