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Market Recap on August 29, 2026: Technical Overview

Today's forex market saw currency pairs trading within their technical levels, despite the absence of major economic events. The USDCAD was at 1.39066, with a support at 1.38989 and resistance at 1.39088. USDJPY traded around 160.073, with a support at 160.041 and resistance at 160.128. EURUSD was at 1.15802, with support and resistance levels at 1.15787 and 1.15871, respectively. AUDUSD maintained its range, with support at 0.71574 and resistance at 0.71642. In the stock markets, the NASDAQ 100 index was around 29467.9, with a support of 29422.75 and resistance at 29477.25.

The market seems to be consolidating, with no clear breakouts from the technical levels, indicating a cautious trading environment.

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