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Market Analysis

May 4, 2021


1) EUR/USD Pressured Toward 1.20 On Dollar Strength
2) XAU/USD Retreats Further From Two-Week Tops, Weakens To $1,780 Area
3) GBP/USD Flirts With Session Lows, Just Above Mid-1.3800s Amid Broad-Based USD Strength
May 3, 2021


1) EUR/USD Pressured Around 1.20 Ahead Of PMIs
2) XAU/USD Climbs To Fresh Session Tops, Around $1,780 Region
3) GBP/USD Struggles To Hold Onto 1.38 Amid UK Political Uncertainties
4) USD/CAD Clings To Modest Intraday Gains, Above 1.2300 Mark
April 30, 2021


1) EUR/USD Dips Below 1.21 After German GDP Misses With -1.7%
2) GBP/USD Drops To 1.3900 Neighbourhood, Fresh Session Lows
3) XAU/USD Remains Confined In A Range Around $1,770 Level
4) EUR/GBP Clings To Modest Gains, Lacks Follow-Through Beyond 0.8700 Mark
April 29, 2021


1) EUR/USD Retreats Toward 1.21 On USD Bounce, German CPI, US GDP Eyed
2) XAU/USD Eyeing A Firm Break Above $1800, US GDP In Focus
3) USD/JPY Steadily Climbs To Session Tops, 109.00 Mark Back In Sight
4) GBP/USD Drops From Weekly Highs Near 1.3980 Post-FOMC And Brexit Final Call
April 28, 2021


1) EUR/USD Remains Supported Above 100-DMA Ahead Of Lagarde, FOMC
2) XAU/USD Eyes $1760 Amid Firmer Yields, Bearish Technicals Ahead Of FOMC
3) GBP/USD Flirts With Session Lows, Around 1.3870-65 Region Amid Stronger USD
4) USD/CAD Remains Confined In A Range Around 1.2400 Mark, Focus Remains On FOMC
April 27, 2021


1) EUR/USD Extends Falls Under 1.21 As The Dollar Gains Ground
2) GBP/USD Trades With Modest Losses, Remains Below 1.3900 Mark
3) XAU/USD Remains Depressed Below $1,780, Downside Seems Limited
April 26, 2021


1) EUR/USD Retreats From Highs After German Data Misses
2) XAU/USD Holds Steady Around $1,780, Lacks Follow-Through
3) GBP/USD Climbs Further Beyond 1.3900 Mark, Fresh Session Tops
4) EUR/GBP Bounces Off Lows, Trades With Modest Losses Around 0.8700 Mark
April 23, 2021


1) EUR/USD Recaptures 1.2050 Amid Upbeat EZ Pmis, USD Decline
2) XAU/USD Eases From Tops, Downside Remains Cushioned
3) GBP/USD Trims A Part Of Intraday Gains, Still Well Bid Around 1.3870-75 Region
4) USD/CAD Struggles Near Weekly Lows, Remains Vulnerable Below 1.2500 Mark
April 22, 2021


1) EUR/USD Holds Steady Above 1.2000 Ahead Of ECB
2) GBP/USD Clings To Gains Near Session Tops, Just Below Mid-1.3900s
3) XAU/USD Poised For A Big Break Above $1800 As Yields Keep Falling
4) NZD/USD Keeps The Red Below 0.7200 Mark, Downside Seems Limited

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