Top 3 trade ideas for 24 August 2026

24.08.2026

Trade ideas for USDJPY, EURUSD, and DE 40 are available today. The ideas expire on 25 August 2026 at 8:00 AM (GMT +3).

USDJPY trade idea

The medium-term outlook for the USDJPY pair remains bearish despite the sideways movement. Reversal candlestick patterns have formed on the daily chart, confirming buyer weakness. The key resistance zone lies between 159.30 and 159.41. The downtrend is expected to resume in the near term. The preferred trading strategy is to open short positions as prices approach the resistance zone. Today’s USDJPY trade idea suggests placing a pending Sell Limit order.

The news backdrop for USDJPY shows balanced market expectations at 50% versus 50%. The risk-to-reward ratio exceeds 1:6. The potential profit is 114 pips at the first take-profit level and 268 pips at the second, with potential losses limited to 40 pips.

USDJPY trade idea for 24 August 2026
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

Trading plan

  • Current price: 159.18
  • Entry point: 159.30
  • Target 1: 158.16
  • Target 2: 156.62
  • Stop loss: 159.70
  • Risk-to-reward ratio: 1:2.85 and 1:6.7

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EURUSD trade idea

The medium-term outlook for the EURUSD pair remains bullish despite the sideways correction. The short-term RSI indicator is declining, suggesting a temporary fall. The key support level is located at 1.1625, where buying pressure may strengthen. The preferred trading strategy is to buy on declines. Today’s EURUSD trade idea involves placing a pending Buy Limit order.

The news backdrop for the EURUSD pair shows a bearish bias of 54% versus 46%. The risk-to-reward ratio is 1:5. The potential profit is 100 pips at the first take-profit level and 125 pips at the second, with potential losses capped at 25 pips.

EURUSD trade idea for 24 August 2026
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

Trading plan

  • Current price: 1.1663
  • Entry point: 1.1625
  • Target 1: 1.1725
  • Target 2: 1.1750
  • Stop loss: 1.1600
  • Risk-to-reward ratio: 1:4 and 1:5

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DE 40 trade idea

Although buyers remain in control of DE40Cash, slowing upward momentum suggests a reversal in the near term. Price action analysis indicates signs of a local top forming. However, opening short positions at current levels offers an unfavourable risk-to-reward ratio. The preferred trading strategy for today is to sell as prices rise. The key resistance level is located at 26,300. Today’s DE40Cash trade idea involves placing a pending Sell Limit order.

The news backdrop for DE40Cash shows a bearish outlook, 70% versus 30%. The risk-to-reward ratio is 1:5. The potential profit is 3,000 pips at the first take-profit level and 3,750 pips at the second, while potential losses are limited to 750 pips.

DE 40 trade idea for 24 August 2026
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

Trading plan

  • Current price: 26,157
  • Entry point: 26,300
  • Target 1: 26,000
  • Target 2: 25,925
  • Stop loss: 26,375
  • Risk-to-reward ratio: 1:4 and 1:5

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Attention!

Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.