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Market Analysis

June 8, 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


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


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


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


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


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
May 31, 2021


1) GBP/USD Hovers Around 1.42 Amid UK Reopening Concerns
2) XAU/USD Consolidates Near Multi-Month Tops, Holds Steady Above $1,900
3) EUR/USD Clings To 1.22, Shrugs Off Mixed Chinese Data, Ahead Of German CPI
May 28, 2021


1) XAU/USD At Crossroads, US PCE Inflation Holds The Key
2) AUD/USD Drops To 0.7700 Neighbourhood, Closer To Weekly Lows
3) EUR/USD Remains Depressed Below 1.2200, Focus On US PCE, Budget
4) GBP/USD Stays Pressured Below 1.4200 Amid Higher US Treasury Yields
5) NZD/USD Retreats Further Multi-Month Lows, Slide Below Mid-0.7200s
May 27, 2021


1) EUR/USD Tops 1.22 As The Dollar Dips
2) GBP/USD Bounces Off 1.41 Ahead Of US Data
3) AUD/USD Struggles For Firm Intraday Direction, Flat-Lined Below Mid-0.7700s
4) XAU/USD Set To Retest Multi-Month Highs, Bullish Potential Appears Limited
5) NZD/USD Steadily Climbs Back Closer To Multi-Month Tops, Around 0.7300 Mark

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