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Market Analysis

February 23, 2021

23-Feb-2021

1) EUR/USD: Gearing Up For A Bullish Breakout Through 1.2190-1.2200 Hurdle
2) GBP/USD: Bulls Take Breather Near Ascending Channel Hurdle Ahead Of UK Jobs Data
3) XAU/USD: Gold’s Recovery Appears Limited Ahead Of Powell
February 22, 2021

22-Feb-2021

1) GBP/USD Dips Below 1.40 Ahead Of UK PM Johnson's Reopening Speech
2) XAU/USD: Gold Bulls Insist But Treasury Yields Surge Could Play A Spoil Sport
3) EUR/USD: Pair Torn Between Optimism And Inflation Fears, Has Two Reasons To Rising
February 19, 2021

19-Feb-2021

1) USD/JPY: Descending Trend-Line Breakout Point Holds The Key For Bulls
2) EUR/USD: Euro Bulls Still Not Out Of The Woods, Need At Least One Dose Of Optimism
3) GBP/USD: Bulls Likely To Pause Near Ascending Channel Resistance, Around 1.4035 Area
4) XAU/USD: Gold Bears Eye Daily Closing Below November 30 Lows
February 18, 2021

18-Feb-2021

1) EUR/USD: Seems Vulnerable To Extend The Pullback Amid Strong USD Rebound
2) GBP/USD: Corrective Pullback Might Still Be Seen As Buying Opportunity
3) XAU/USD: Downside Still Compelling For Gold, $1765 Support Remains At Risk
February 17, 2021

17-Feb-2021

1) AUD/USD: Remains at The Mercy Of USD Price Dynamics
2) XAU/USD: Path of Least Resistance Remains to The Downside For Gold
3) EUR/USD Under Pressure Below 1.21 Ahead Of US Retail Sales
February 16, 2021

16-Feb-2021

1) EUR/USD Retreats From 1.2150 Ahead Of Eurozone Data
2) GBP/USD: Cable Braces For Calendar Comeback Amid Three Exits
3) USD/JPY: Dollar-Yen To Keep Falling In The Year Of Healing
February 15, 2021

15-Feb-2021

1) AUD/USD: Poised To Extend The Momentum Amid Vaccine Optimism
2) XAU/USD: Gold’s Technical Set Up Favors Bears, A Test Of $1800 Inevitable
3) GBP/USD: Bulls Remain In Control Near Multi-Year Tops, Likely To Target 1.4000
February 12, 2021

12-Feb-2021

1) EUR/USD: Stuck In A Familiar Trading Range, Awaits Fresh Catalyst
2) GBP/USD: 1.3760-50 Zone Holds The Key For Bulls, UK Macro Data In Focus
3) XAU/USD: Gold’s Path Of Least Resistance Appears Down
February 11, 2021

11-Feb-2021

1) EUR/USD Advances Towards 1.2150 Amid Upbeat Market Mood
2) GBP/USD Nears 34-Month Top Above 1.38 Ahead Of Brexit Talks
3) AUD/USD: Bulls Hold The Upper Hand Until Aussie Trades Above 0.7700 Mark
4) XAU/USD: Gold Turns Vulnerable Below Ascending Trend-Line

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