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Market Analysis

April 8, 2021


1) EUR/USD Trades Near 1.19 After Fed's Dovish Message
2) EUR/GBP Corrects From One-Month Tops, Bullish Potential Intact
3) GBP/USD Extends Bounce Above 1.3750 Amid Renewed USD Weakness
4) XAU/USD Clings To Gains Near Two-Week Tops, Around $1,745-46 Hurdle
April 7, 2021


1) EUR/USD: Bulls Take A Breather Below 200-DMA, FOMC Minutes Eyed
2) GBP/USD: Bears Challenge Two-Week-Old Trend-Line Support Near 1.3770
3) XAU/USD: Gold Awaits Fresh Impetus Ahead Of FOMC Minutes, Levels To Watch
April 6, 2021


1) EUR/USD Struggles With 1.18 Amid Cooler Market Mood
2) GBP/USD Recaptures 1.39 Amid UK Easing Optimism
3) AUD/USD Slides To Fresh Session Lows, Still Comfortable Above 0.7600 Mark
4) USD/CAD Refreshes Session Tops, Around Mid-1.2500s Amid A Pickup In USD Demand
April 5, 2021


1) GBP/USD Climbs To Two-Week Tops, Further Beyond Mid-1.3800s
2) EUR/USD Battles 1.1750 Amid Higher US Dollar, Upbeat Mood
3) AUD/USD Surrenders Intraday Gains, Slides Back To 0.7600 Mark
4) USD/CAD Faces Rejection Near 1.2600 Mark, Retreats Around 20 Pips From Daily Tops
5) EUR/GBP Drops To The Lowest Since February 2020, Further Below 0.8500 Mark
April 2, 2021


1) EUR/USD Trades Below 1.18 Ahead Of Critical Nonfarm Payrolls
2) GBP/USD Hovers Around 1.3850 Ahead Of US Jobs Report
3) XAU/USD’s Weekly Close Above $1729 Keeps Buyers Hopeful
April 1, 2021


1) GBP/USD Pressured Towards 1.3750 Ahead Of UK/US PMI
2) XAU/USD Forms A Double-Bottom Near $1677-76 Region, March Lows
3) EUR/USD Struggles Under 1.1750 On Dollar Strength, Europe's Covid Concerns
4) USD/CAD Clings To Gains Near 1.2600 Mark, OPEC+ Meeting Eyed For Fresh Impetus
March 31, 2021


1) EUR/USD Rises Toward 1.1750 As Dollar Takes A Breather
2) NZD/USD Bounces Off Weekly Lows, Remains Below 0.7000 Mark
3) XAU/USD Consolidates Near Multi-Month Lows, Around $1,685 Area
4) AUD/USD Clings To Modest Gains Above 0.7600 Mark, Upside Seems Limited
5) GBP/USD Refreshes Session Tops Post-UK GDP, Lacks Follow-Through Buying
March 30, 2021


1) EUR/USD Hits Fresh Four-Month Low Amid Rising US Yields
2)AUD/USD Slides Back Closer To Session Lows, Around 0.7635 Region
3) USD/CAD Refreshes Session Tops, Bulls Await A Sustained Move Beyond 1.2600 Mark
March 29, 2021


1) GBP/USD Retreats On Dollar Strength, Brexit Concerns
2) EUR/USD Suffers From Risk-Off Mood, European Covid Concerns
3) NZD/USD Trades With Modest Losses, Remains Below 0.7000 Mark
4) USD/CAD Clings To Gains Above 1.2600 Mark Amid Stronger USD, Sliding Oil Prices

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