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Market Analysis

March 19, 2021


1) USD/CAD: Struggles To Find Acceptance Above 1.2500, Canadian Retail Sales Eyed
2) XAU/USD: Gold Climbs Back Above $1740 Level, Upside Seems Limited
3) AUD/USD: Bears Await A Sustained Break Below 0.7700 Mark
March 18, 2021


1) GBP/USD: Dovish FOMC-Led Rally Falters Ahead Of 1.4000, Focus Shifts To BoE
2) XAU/USD: Move Beyond $1760-65 Hurdle To Pave The Way For Additional Gains
3) AUD/USD: Targets 0.7900 Amid Inverse Head-And-Shoulders Breakout
4) USD/CAD Struggles Near Multi-Year Lows, Below 1.2400 Mark
5) EUR/USD Bounces Back Towards 1.20 Ahead Lagarde's Speech
March 17, 2021


1) EUR/USD Consolidates In A Range Around 1.1900, FOMC Eyed
2) GBP/USD Jumps To Session Tops And Eases, Holds Above 1.3900 Mark
3) AUD/USD: Range Play Continues, Forms A Symmetrical Triangle Ahead Of Fed
March 16, 2021


1) GBP/USD Drops Towards 1.3800 After BOE Bailey's Comments
2) EUR/USD Clings To Modest Gains Above 1.1900 Ahead Of ZEW
3) AUD/USD Refreshes Session Low Amid A Pickup In USD Demand
4) GBP/JPY: Flirts With Three-Day Lows, Just Above 151.00 Mark
5) USD/JPY Consolidates Above 109.00 Mark, US Retail Sales Eyed For Fresh Impetus
March 15, 2021


1) EUR/USD Edges Towards 1.1950 As US Dollar Eases With Yields
2) GBP/USD Rises Above 1.3900 With Eyes On UK PM Johnson
3) AUD/USD Hangs Near Daily Lows, Just Below Mid-0.7700s
March 12, 2021


1) USD/CAD: 1.2500 Mark Holds The Key For Bulls, Focus On Canadian Jobs Data
2) EUR/USD: Recovery Momentum From Multi-Month Lows Falters Ahead Of 1.2000 Mark
3) GBP/USD Keeps The Red Near Session Lows, Around Mid-1.3900s Post-UK Macro Data
4) XAU/USD: Gold Bears Testing Bullish Commitments Above $1700
March 11, 2021


1) EUR/USD Rises Above 1.19 On Falling Yields, Ahead Of The ECB
2) GBP/USD Rises Toward 1.3950 As Market Mood Improves
3) XAU/USD Eyes $1753 Amid Plenty Of Health Support Levels
4) USD/CAD Consolidates The Downside Around 1.2600 Amid A Pause In WTI Rally
March 10, 2021


1) EUR/USD: Bears Target 1.18 As Bond Auction May Trigger Fresh Dollar Strength
2) NZD/USD Trades With Modest Losses Around Mid-0.7100s
3) USD/CAD: Confined In A Familiar Trading Range Ahead Of Boc/US CPI
4) XAU/USD: Gold Remains At The Mercy Of US Bond Yields, US CPI Eyed
March 9, 2021


1) GBP/USD: 1.3920 Is A Tough Nut To Crack For The Bulls
2) AUD/USD Steadily Climbs Back To 0.7700 Mark, Fresh Session Tops
3) USD/JPY Corrects From Multi-Month Tops, Slides To Daily Lows Around 108.65 Region

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