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Market Analysis

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
March 19, 2021


1) USD/CAD: Struggles To Find Acceptance Above 1.2500, Canadian Retail Sales Eyed
2) XAU/USD: Gold Climbs Back Above $1740 Level, Upside Seems Limited
3) AUD/USD: Bears Await A Sustained Break Below 0.7700 Mark
March 18, 2021


1) GBP/USD: Dovish FOMC-Led Rally Falters Ahead Of 1.4000, Focus Shifts To BoE
2) XAU/USD: Move Beyond $1760-65 Hurdle To Pave The Way For Additional Gains
3) AUD/USD: Targets 0.7900 Amid Inverse Head-And-Shoulders Breakout
4) USD/CAD Struggles Near Multi-Year Lows, Below 1.2400 Mark
5) EUR/USD Bounces Back Towards 1.20 Ahead Lagarde's Speech
March 17, 2021


1) EUR/USD Consolidates In A Range Around 1.1900, FOMC Eyed
2) GBP/USD Jumps To Session Tops And Eases, Holds Above 1.3900 Mark
3) AUD/USD: Range Play Continues, Forms A Symmetrical Triangle Ahead Of Fed
March 16, 2021


1) GBP/USD Drops Towards 1.3800 After BOE Bailey's Comments
2) EUR/USD Clings To Modest Gains Above 1.1900 Ahead Of ZEW
3) AUD/USD Refreshes Session Low Amid A Pickup In USD Demand
4) GBP/JPY: Flirts With Three-Day Lows, Just Above 151.00 Mark
5) USD/JPY Consolidates Above 109.00 Mark, US Retail Sales Eyed For Fresh Impetus

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