August 7, 2026: FX678 Releases Pivot Points and Position Signals for Gold, Oil, FX, and Indices

iconFX678
Share
AI summary iconSummary
On August 7, 2026, FX678 released pivot points and position signals for gold, oil, forex, and indices, highlighting key support and resistance levels for traders. The report indicates two assets in overbought conditions and one in oversold, with the FTSE China A50 index at 86% long. Technical analysis for both crypto and traditional markets can leverage these signals to evaluate positioning. Net long positions increased for seven assets and decreased for eight, while net short positions expanded for four and contracted for five.
CoinTelegraph reports — Below is the latest installment of the “Pivot Points + Long/Short Position Signals” series for gold, oil, forex, and stock indices, including chart and textual analysis. By comparing the latest net long percentage with the previous day’s net long percentage, a total of 13 position signals are derived, including: increased net longs, decreased net longs, no change in net shorts, and net shorts turning to neutral, among others. The specific signals displayed correspond to the actual data comparisons.
Jinrongwang APP report — One chart: Overview of “pivot points + long/short positioning signals” for gold, crude oil, and stock indices as of August 7, 2026. Latest data released today (Friday, August 7, 2026) shows that, as of now, 2 assets in this chart are in “overbought” status (long positions exceeding 80%), while 1 asset is in “oversold” status (long positions below 20%). Among these, the highest long position percentage is recorded for: FTSE China A50 ☆FTSE China A50. Spot gold XAU/USD long position ratio: 54%, U.S. crude oil WTI OIL long position ratio: 74%, Euro against USD EUR/USD long position ratio: 40%. For the latest change signals compared to yesterday and a more detailed list, see the exclusive chart provided by Jinrongwang.

Among the position change signals, there are 7 instruments with increased net longs, 8 with decreased net longs, 4 with increased net shorts, and 5 with decreased net shorts. Instruments with positions at 80% or higher include: FTSE China A50, with longs reaching 86%; Germany 40, with shorts reaching 85%. USD/CNH longs reach 84%.

图片点击可在新窗口打开查看
[Image: Pivot Points and Long/Short Position Signals for Gold, Crude Oil, Forex, and Stock Indices, Source: Special Chart by Huitong Finance. (Click image to enlarge)]

Net short positions decreased for: Dow Jones Index US30, EUR/USD, GBP/USD, USD/CAD, AUD/JPY.

Net long positions increased in: Hong Kong Hang Seng Index HK50, Nikkei 225 Index, EUR/GBP, AUD/USD, New Zealand Dollar against the US Dollar NZD/USD, NZD/JPY, and USD/CNH. Net long positions decreased in: Spot Silver XAG/USD, US Crude Oil WTI OIL, FTSE China A50, S&P 500 Index, Nasdaq 100, EUR/AUD, US Dollar against the Swiss Franc USD/CHF, and CAD/JPY.

FxStreet reminds you that position signals are derived by comparing the latest "Net Long % " with the previous update ("Net Long % Previous"). If net long positions increase, the signal is "Net Long Expansion"; if net long positions change from negative to positive, the signal is "Position Reversal to Net Long," and so on. ★ In the table, "Net Long % Latest" refers to the current difference between long percentage and short percentage; "Net Long % Previous" indicates the previously updated value (typically from the last trading day) for comparison. A negative net long means long percentage short percentage. Based on comparisons between the latest net long % and the previous net long % (from the prior trading day), the position signals cover 13 possible scenarios, including "Net Long Expansion," "Net Long Contraction," "Net Short Unchanged," and "Net Short Turns to Neutral," among others—only the relevant signals corresponding to actual data comparisons are displayed in the chart below. These position signals are for reference only and should not be used as trading advice. Current price movements may contradict the position indicators; such contradictions may signal potential opportunities. However, future price movements are influenced by complex factors, and traders must make their own decisions.

The trading instruments included in this chart are: spot gold, spot silver, U.S. crude oil, FTSE China A50, Hong Kong Hang Seng Index, S&P 500 Index, Nasdaq 100, Dow Jones Index, Germany DAX 40, EUR/USD, EUR/GBP, EUR/JPY, EUR/AUD, GBP/USD, GBP/JPY, USD/JPY, USD/CAD, USD/CHF, AUD/USD, AUD/JPY, CAD/JPY, and NZD/USD.


Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.