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The EURUSD pair settled on strong gains during its latest intraday trading, reaching the resistance level of 1.1710, which was our price target in previous analysis, supported by positive signals from the relative strength indicators, while the pair continues to trade above EMA50.
Amid the dominance of the main bullish trend on the short-term basis, accompanied by the trading alongside minor supportive trend line for this trend, reinforcing the strength of the bullish momentum.
Copper price repeatedly formed mixed trading, which forced it to delay the bullish rally due to the contradiction of the main indicators, which forces it to fluctuate below $6.5100 level, which represents the extension of the broken minor bullish channel’s support.
Reminding you that the bullish scenario will remain valid, depending on the stability of the main support level at $6.2700, which makes us wait to gather the required bullish momentum to activate the bullish trend by targeting $6.5800 reaching $6.6700.
The expected trading range for today is between $6.3700 and $6.5800
Trend forecast: Bullish
Platinum price faced strong bullish pressures yesterday, benefiting from forming a new support level at $1685.00 level, besides providing positive momentum by the main indicators, to attack $1785.00 resistance to find an exit to confirm its move to the bullish trend in the near period trading.
The price attempt to settle above the moving average 55 will increase the chances of forming new bullish waves, to expect targeting $1865.00 level, reaching the next barrier near $1900.00, while holding below $1785.00 level and providing a negative close will force it to renew the bearish attempts by reaching $1730.00 initially.
The expected trading range for today is between $1770.00 and $1865.00
Trend forecast: Bullish
Domestic coffee prices today
Coffee prices today in the domestic market continue to increase sharply in key areas. According to giacaphe. com, the average coffee price on August 19 was 98,400 VND/kg, an increase of 1,500 VND/kg compared to the previous session.
In Dak Lak, coffee prices were recorded at 98,300 VND/kg, an increase of 1,500 VND/kg.
In Lam Dong, coffee prices reached 97,700 VND/kg, an increase of 1,500 VND/kg. This is the lowest level among the surveyed areas.
In Gia Lai, coffee prices are at 98,300 VND/kg, an increase of 1,500 VND/kg.
The old Dak Nong area recorded a level of 98,500 VND/kg, an increase of 1,500 VND/kg. This is the highest level in today’s price list.
After two consecutive strong increases, the price level has approached the 99,000 VND/kg mark, significantly narrowing the gap with the 100,000 VND/kg mark.
The USD/VND exchange rate according to Vietcombank is recorded at 25,920 VND/USD.
World coffee prices
In the world market, coffee prices increased sharply on both the London and New York exchanges.
On the London exchange, the September 2026 Robusta futures contract increased by 85 USD/ton, equivalent to 2.32%, to 3,755 USD/ton. The November 2026 futures increased by 95 USD/ton, equivalent to 2.61%, to 3,739 USD/ton.
Further maturities also increased. Robusta in January 2027 increased by 88 USD/ton, to 3,716 USD/ton; March 2027 term increased by 82 USD/ton, to 3,685 USD/ton; May 2027 term increased by 80 USD/ton, to 3,662 USD/ton.
On the New York floor, the Arabica contract for September 2026 increased by 18.30 US cents/lb, equivalent to 5.30%, to 363.40 US cents/lb. December 2026 futures increased by 14.55 US cents/lb, to 332.45 US cents/lb.
Coffee price assessment
Domestic coffee prices increased sharply for the second consecutive session, in the same direction as positive developments in the world market. The increase of Robusta London by more than 2% is a noteworthy signal for the Vietnamese market, because Robusta is a commodity group that directly affects domestic purchasing prices more.
According to Barchart, Safras & Mercado recorded Brazil’s coffee harvest for the 2026-2027 crop reaching 90% as of August 12, lower than the same period last year’s 97% and the 5-year average of 94%. Brazil’s Arabica harvest progress alone reached 86%, lower than the same period’s 95%.
Meanwhile, Arabica inventory certified on ICE fell to its lowest level in 2.75 years. The increase in Robusta inventory is a factor that could put pressure on Robusta. This shows that the current upward momentum is still interspersedly affected by supply, inventory and harvesting activities in major producing countries.
Domestically, according to the Ministry of Agriculture and Environment, in July, Vietnam exported about 147,600 tons of coffee, worth 639.5 million USD. Accumulated in the first 7 months of the year, coffee exports reached about 1.2 million tons, up 10.8% in volume but turnover decreased by 11.2%, to 5.45 billion USD. This development is mainly due to the average export price decreasing by 19.9% compared to the same period, down to 4,537 USD/ton.
Regarding the weather, the National Center for Hydro-Meteorological Forecasting said that on the day and night of August 19, the Central Highlands area is cloudy, with showers and scattered thunderstorms, locally heavy rain; the rain concentrated mainly in the afternoon and night. The lowest temperature is 21-24 degrees C, in some places below 20 degrees C; the highest is 26-29 degrees C, in some places above 29 degrees C.
Rainstorms in this season need to be monitored in terms of garden care, pest and disease prevention, and goods preservation.
In the coming sessions, the diễn biến of Robusta London, Arabica New York, USD/VND exchange rate, inventory and demand for export purchases will continue to dominate the domestic price level.
The AUDCAD provided several mixed trading, holding above the support at 0.9735, forming a confirmation key for the previously suggested bullish scenario, providing bullish momentum by the main indicators makes us begin forming bullish momentum to reach 0.9895 obstacle and surpassing it will confirm its readiness to record extra gains that might begin at 0.9940 reaching the psychological barrier at 1.0000.
The expected trading range for today is between 0.9785 and 0.9890
Trend forecast: Bullish
Platinum price formed some bearish waves yesterday, affected by the stability of the negative trading at $1785.00 besides providing negative momentum by the main indicators, approaching the initial negative target at $1685.00.
The continuation of facing the negative pressure will force it to resume the negative attempts, to expect targeting $1660.00 and $1642.00 level.
The expected trading range for today is between $1660.00 and $1740.00
Trend forecast: Bearish
Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders.
Oil prices continued to rise yesterday.
The article covers the following subjects:
Yesterday, the oil rally continued. As a result, the price reached the second bullish target of 83.54. The asset pierced this level but was unable to stay above it. The next bullish target is the upper Target Zone of 86.82–85.61. If this zone is breached, the next target will be the Gold Zone of 90.05–89.64.
If a downward correction begins, the oil price can fall to the support zone A at 80.73–80.32. Once this zone is tested, long trades can be considered, with the first target at 82.54 and the second one near today’s high of 84.77.
Buy near support A of 80.73–80.32. TakeProfit: 82.54, 84.7. StopLoss: 79.30.
Gold is maintaining its short-term uptrend. The primary bullish target is at 4,449. If the price exceeds this level, it will likely reach the Target Zone 2 of 4,493–4,472.
Long trades can be considered during a pullback at the support A of 4,347–4,336, once it is tested and a buy pattern emerges. In this case, the first target will be 4,393, and the second one will be 4,449.
Buy near support A of 4,347–4,336. TakeProfit: 4,393, 4,449. StopLoss: 4,319.
Yesterday, the euro remained within the upper Target Zone of 1.1601–1.1576. Today, the price is declining during a correction. If the asset reaches the support zone A at 1.1530–1.1521, long trades can be considered, with the first target at 1.1568 and the second one around 1.1614.
If the EURUSD pair breaks below the support A, the correction will extend toward the trend boundary of 1.1488–1.1475. Once the trend boundary is tested, long trades can be considered.
Buy near support A of 1.1530–1.1521. TakeProfit: 1.1568, 1.1614. StopLoss: 1.1499.
Would you like to learn more about technical analysis methods and principles? Explore our comprehensive guide.
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