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Market Analysis

April 21, 2021


1) XAU/USD On Its Way To $1800 Amid Lower Yields
2) GBP/USD Trades With Modest Losses, Still Comfortable Above 1.3900 Mark
3) NZD/USD Sticks To Modest Gains Near 0.7175-80 Area, Lacks Follow-Through
April 20, 2021


1) GBP/USD Retreats From 1.40 Amid Upbeat UK Jobs Figures
2) EUR/USD Holds Gains Above 1.2050 Amid Dollar Weakness
3) USD/CAD Struggles Near One-Month Lows, Below 1.2500 Mark
4) NZD/USD Rallies Further Beyond 0.7200 Mark, Fresh One-Month Tops
5) XAU/USD Struggles For Direction, Stuck In A Range Around $1,770 Level
April 19, 2021


1) EUR/USD Attempts Recovery Above 1.1950 As USD Resumes Decline
2) GBP/USD Recaptures 1.3850 As UK’s Optimism Offsets USD Bounce
3) USD/JPY Struggles Near Mid-108.00s, Multi-Week Lows
4) AUD/USD Recaptures 50-HMA After Bouncing Off Critical Support
April 16, 2021


1) EUR/USD On The Back Foot Above 1.1950 Amid Tepid Mood
2) XAU/USD Consolidates In A Range Just Below Multi-Week Tops
3) GBP/USD Slips Below 1.3750 Amid USD Bounce, Brexit Concerns
4) XAG/USD Holds Steady Near Multi-Week Tops, Just Below $26.00 Mark
April 15, 2021


1) USD/CAD Slips Below 1.2500 Mark, Fresh Monthly Lows
2) GBP/USD Slips Below 1.3800 Ahead Of US Retail Sales, Brexit Meet
3) EUR/USD Retreats Below 1.2000 On US Dollar Bounce, German CPI In Focus
4) XAU/USD Looks To Retest $1750 As USD Bounce Fizzles Ahead Of US Retail Sales
April 14, 2021


1) EUR/USD Firmer Above 1.1950 Ahead Of Lagarde, Powell
2) GBP/USD Extends Gains Towards 1.3800 As USD Remains Pressured
3) XAU/USD Consolidates In A Range Below $1,750 Level
4) AUD/USD Climbs To Three-Week Tops, Around 0.7680 Region Amid Weaker USD
April 13, 2021


1) GBP/USD Extends Fall After UK GDP Misses Estiamtes
2) EUR/USD Eases Below 1.1900 As USD Rises With Yields, US CPI Eyed
3) XAU/USD Eyes $1716 Downside Target Ahead Of US CPI
April 12, 2021


1) EUR/USD Pressured Below 1.1900 Amid Virus Concerns, USD Rebound
2) GBP/USD Rebounds Swiftly From 100-DMA Support, Jumps Back Above 1.3700 Mark
3) XAU/USD: $1,730 Holds The Key For Gold Bulls Amid A Modest USD Strength
4) EUR/GBP Faces Rejection Near 0.8700 Mark, Bullish Potential Intact
April 9, 2021


1) EUR/USD Bulls Looking To Seize Control Above 200-DMA
2) XAU/USD Bulls Fail Ahead Of Double-Bottom Neckline Resistance
3) GBP/USD Dives To Over Two-Month Lows, Bears Challenge 100-DMA Near 1.3670

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