(By ATFX Analyst Team)
Key Takeaways
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Global Market Review 25/08/2026
- Wall Street opened the week mixed on Monday: S&P 500 and Nasdaq closed lower, pressured by tech weakness and escalating U.S.–Canada trade tensions.
- The dollar rose despite falling Treasury yields.
- Gold gained 1.1%, extending to a three‑month high.
- Oil fell nearly 2% after a strong weekly rally, as signs of improved traffic through the Strait of Hormuz offset Washington’s expanded sanctions on Iran.
Key Events Today:
- 09:30 RBA Meeting Minutes ***
- 14:00 EU GERMANY GDP QoQ Final Q2 **
- 16:00 EU GERMANY Ifo Business Climate AUG **
- 20:00 US Building Permits Final JUL **
- 22:00 US CB Consumer Confidence AUG **
- 22:00 US Richmond Fed Manufacturing Index AUG **
August 26 (GMT+8)
- 04:30 API Crude Oil Stock Change ***
- 09:30 AU CPI JUL **
- 20:30 US GDP 2nd Est Q2 ***
- 20:30 US Core PCE Price Index JUL ***
- 20:30 US Durable Goods Orders JUL **
- 22:30 EIA Crude Oil Stocks Change **
Markets Analysis 25/08/2026
- Resistance: 1.1693 / 1.1737
- Support: 1.1623 / 1.1579
EUR/USD slipped below 1.1700 on Monday as the dollar rebounded, then attempted a recovery in early Tuesday trading.
Analyst View: Still within recent high range. Bulls must defend 1.1650 to maintain bias. Eurozone and U.S. data will provide dual guidance.
Bias: Range consolidation
- Resistance: 1.3668 / 1.3701
- Support: 1.3591 / 1.3558
GBP/USD held above 1.3600 on Monday, with little movement after last week’s five‑month high.
Analyst View: Limited UK drivers today; focus shifts to Eurozone/U.S. data. The pair is consolidating at highs.
Bias: Range consolidation
- Resistance: 159.52 / 159.78
- Support: 158.91 / 158.70
USD/JPY rose modestly on Monday, hitting three‑day highs.
Analyst View: Trading near mid‑range and 10/20‑day MAs, lacking momentum to challenge last week’s highs. Watch for pressure below 159 if resistance holds.
Bias: Weak momentum
- Resistance: 86.07 / 86.68
- Support: 84.08 / 83.45
Despite expanded U.S. sanctions, oil retreated as markets had priced in risks and positions were adjusted.
Analyst View: Fell back to the 10‑day MA. Holding this level will determine whether prices stay above last week’s highs; a break lower points to the 20‑day MA near $82.50.
Bias: Mild adjustment
- Resistance: 4707 / 4758
- Support: 4655 / 4603
- Resistance: 70.42 / 71.05
- Support: 68.44 / 67.80
Gold extended its rally on Monday, hitting mid‑May highs, supported by sanctions headlines and speculation about Treasury buybacks.
Analyst View: Bulls testing $4,700, but momentum may pause ahead of U.S. PCE release.
Bias: Mildly bullish
- Resistance: 53,996 / 54,378
- Support: 53,155 / 52,779
U.S. equities were mixed on Monday as investors weighed sanctions and prepared for inflation data and Jackson Hole.
Analyst View: Dow rebounded, hovering near 10/20‑day MAs. Breakouts need to extend gains, but caution ahead of inflation may cap upside.
Bias: Mild rebound
- Resistance: 29,288 / 29,418
- Support: 28,857 / 28,689
Chip stocks sold off on Monday, dragging Nasdaq lower as markets await Nvidia earnings.
Analyst View: Broke below 20‑day MA, short‑term bears dominant. Holding above 29,000 could ease pressure.
Bias: Short‑term pressured
- Resistance: 82,914 / 85,831
- Support: 79,192 / 76,275
Bitcoin briefly neared $80,000 on Monday, the highest since mid‑May, after its best week in three years—crypto momentum supported by U.S. regulatory tailwinds, institutional inflows, and bond‑market debasement trade.
Analyst View: Highest since May, bulls cautious near $80k. Failure to break signals consolidation; a strong breakout would challenge May highs.
Bias: Short‑term bullish
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