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Market Analysis

March 8, 2021

08-Mar-2021

1) EUR/USD Dips Below 1.19 As US Yields Resume Rise
2) XAU/USD: Uptick Might Still Be Seen As An Opportunity For Gold Bears
3) EUR/USD: Sustained Break Below 1.1900 Mark Should Pave The Way For Further Losses
March 5, 2021

05-Mar-2021

1) AUD/USD Pierces 0.7700 As S&P 500 Futures Stay Heavy Near One-Month Low
2) EUR/USD Defends Key Support Near 1.1950 Amid Dollar Strength
3) XAU/USD: Downside Appears More Compelling For XAU/USD, NFP In Focus
4) USD/JPY: Bulls Seem Unstoppable, Fresh Multi-Month Tops And Counting Ahead Of NFP
5) USD/CAD: 1.2700 Mark Holds The Key For Bulls, Focus Shifts To NFP
March 4, 2021

04-Mar-2021

1) AUD/USD: Flag Pattern Breakdown Favours Bearish Traders
2) EUR/USD: Not Out Of The Woods Yet, Powell’s Speech Eyed For Fresh Impetus
3) GBP/USD: Pound May Propel Higher If Powell Gives Green Light After UK Budget Boost
4) XAU/USD: Gold’s Fate Hinges On Treasury Yields, Powell’s Speech
March 3, 2021

03-Mar-2021

1) GBP/USD: Traders Seem Non-Committed Ahead Of The UK Annual Budget
2) XAU/USD Remains At The Mercy Of US Bond Yields/USD Price Dynamics
3) EUR/USD Holds Steady Below 1.2100, Awaits Eurozone/US Data
March 2, 2021

02-Mar-2021

1) EUR/USD: February swing lows, around mid-1.1900s is the next relevant bearish target
2) USD/CHF Jumps To The Highest Level Since November 2020, Eyeing 0.9200 Mark
3) XAU/USD Needs Acceptance Above $1751 To Unleash Further Recovery Gains
4) NZD/USD Drops To 0.7200 Neighbourhood, Over One-Week Lows
March 1, 2021

01-Mar-2021

1) GBP/USD Retreats Below 1.4000, UK/US PMIs In Focus
2) USD/CAD Flirts With Session Lows, Below 1.2700 Mark
3) XAU/USD Clings To Recovery Gains Above $1750 Level, Upside Seems Limited
February 26, 2021

26-Feb-2021

1) USD/CAD Pares Intraday Gains, Up Little Around 1.2610 Region
2) AUD/USD Bounces Off Weekly Lows, Finds Some Support Near 0.7800 Mark
3) GBP/USD: Bias Shifts In Favour Of Bearish Traders Amid Resurgent USD Demand
4) XAU/USD: Gold Risks A Drop Below $1750 Amid Bearish Technical Setup
February 25, 2021

25-Feb-2021

1) EUR/USD Advances Towards 1.2200 Amid US Dollar Weakness
2) XAU/USD Eyes $1770 Amid Symmetrical Triangle Breakdown
3) AUD/USD Sits Near Three-Year Tops, Around 0.7975 Region
4) USD/CAD Flirts With Multi-Year Lows, Around 1.2500 Mark
February 24, 2021

24-Feb-2021

1) GBP/USD: Bulls Turn Cautious Amid Overbought Conditions, Ahead Of BoE Speakers
2) NZD/USD Consolidates Post-RBNZ Gains To 34-Month Tops, Around 0.7370-75 Area
3) USD/JPY Holds Steady Near Two-Day Tops, Just Above Mid-105.00s
4) XAU/USD: Bulls Trying To Seize Control, Optimism Capping Gains For Gold

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