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Market Analysis

June 11, 2021

11-Jun-2021

1) USD/JPY Trades With Modest Gains, Lacks Follow-Through
2) USD/CAD Remains Depressed Below 1.2100 Mark
3) EUR/USD Looks To 1.2200 Amid Weaker US Treasury Yields, Risk-On Mood
June 10, 2021

10-Jun-2021

1) EUR/USD Looks Depressed Below 1.2200 Ahead Of ECB, US Inflation
2) GBP/USD Slides Further Below 1.4100 Mark, Four-Week Lows
3) USD/CAD Consolidates In A Range Above 1.2100 Mark, US CPI Awaited
4) Gold Price Remains Pressured Amid Firmer US Dollar Amid Cautious Optimism
June 9, 2021

09-Jun-2021

1) EUR/USD Consolidates Below 1.2200 Amid Softer US Dollar
2) XAU/USD’s Path To $2000 Is Losing Conviction– Societe Generale
3) GBP/USD Sticks To Modest Intraday Gains Near 1.4175 Area, Upside Remains Capped
June 8, 2021

08-Jun-2021

1) GBP/JPY Remains Depressed Below 155.00 Mark
2) GBP/USD Flirts With Session Lows, Around Mid-1.4100s
3) USD/CAD Trades With Modest Gains, Eyeing To Reclaim 1.2100 Mark
4) XAU/USD Extended The Recovery Rally From Two-Week Lows And Tested The $1900 Level
June 7, 2021

07-Jun-2021

1) GBP/USD Drops Toward 1.4100 Amid US Dollar Rebound
2) EUR/USD Eases Below 1.2150 As US Dollar Rises With Yields
3) AUD/USD Struggles For Direction, Stuck In A Range Below Mid-0.7700s
4) XAU/USD’s Upside Appears Capped Below $1900, With All Eyes On US CPI
June 4, 2021

04-Jun-2021

1) XAU/USD Bears Turn Cautious Near Ascending Trend-Line, NFP Awaited
2) NZD/USD Clings To Modest Gains Above Mid-0.7100s, Lacks Follow-Through
3) EUR/USD Struggles Around 1.21 As Dollar Holds Gains Ahead Of Nonfarm Payrolls
4) GBP/USD Rebounds From Near Three-Week Lows, Steadily Climbs Back To 1.4120 Area
5) USD/CAD Sits Near One-Week Tops, Around 1.2125 Ahead Of US/Canadian Jobs Report
June 3, 2021

03-Jun-2021

1) GBP/USD Trades Under 1.42 Amid Virus Concerns
2) EUR/USD Pressured On Fed Taper Talk, Ahead Of Top-Tier Data
3) USD/JPY Clings To Gains Near Session Tops, Around 109.75-80 Region
4) AUD/USD Slides To Fresh Session Lows, Around 0.7725-20 Region
June 2, 2021

02-Jun-2021

1) EUR/USD Dips Below 1.22 Amid Dollar Strength
2) GBP/USD Retreats Below 1.4150 As US Yields Hold Their Ground
3) XAU/USD Risks Further Falls As Technical Setup Turns Bearish
June 1, 2021

01-Jun-2021

1) EUR/USD Advances Above 1.22 After Upbeat EZ Data
2) GBP/USD Slips Below 1.42 On Virus Concerns, Dollar Strength
3) XAU/USD’s Rally To $1930 Likely At Risk, As Treasury Yields Rebound

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