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Market Analysis

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
March 26, 2021


1) USD/JPY Hits Fresh Multi-Month Tops, Bulls Remain In Control
2) XAU/USD Remains Trapped Between Key Averages, Awaits US Data
3) EUR/USD Advances Toward 1.18 On Better Market Mood, Upbeat Data
4) GBP/USD Eases From Three-Day Tops, Holds Steady Near Mid-1.3700s Post-UK Data
March 25, 2021


1) GBP/USD Battles 1.37 On The Road To Recovery, Bailey Eyed
2) EUR/USD Bounces Off Multi-Month Lows, COVID-19 Jitters To Cap Gains
3) USD/JPY Refreshes Weekly Tops, Bulls Await A Move Beyond 109.00 Mark
4) XAU/USD Struggles For Direction, Remains Confined In A Range
March 24, 2021


1) GBP/JPY Slides To Mid-148.00s, Eyeing Monthly Lows
2) USD/CAD Eases From Two-Week Tops, Bullish Potential Intact
3) GBP/USD Tumbles Below 1.37 On Downbeat Mood, Weak UK CPI
4) EUR/USD Struggles Near Multi-Month Lows On Broad Dollar Strength
5) XAU/USD Not Out Of The Woods Yet, Slide To $1700 Remains On The Cards
March 23, 2021


1) GBP/USD Pressured Below 1.3850 After Mixed Jobs Report
2) EUR/USD Trades Above 1.19 Amid European Covid Concerns, Ahead Of Powell
3) NZD/USD: Hammered Down To Three-Month Lows, Remains Vulnerable
4) GBP/JPY Remains Depressed Near Mid-150.00s
March 22, 2021


1) EUR/USD Fills Bearish Gap And Climbs To 1.1900 Area
2) GBP/USD Recovers Above 1.3850 As US Dollar Eases
3) AUD/USD: Bearish Potential Intact, Break Below 0.7700 Mark Awaited
4) XAG/USD Drops To Over One-Week Lows, Around Mid-$25.00s
5) USD/CAD: Lack Of Follow-Through Buying Warrants Caution For Bullish Traders

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