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Market Analysis

March 2, 2021


1) EUR/USD: February swing lows, around mid-1.1900s is the next relevant bearish target
2) USD/CHF Jumps To The Highest Level Since November 2020, Eyeing 0.9200 Mark
3) XAU/USD Needs Acceptance Above $1751 To Unleash Further Recovery Gains
4) NZD/USD Drops To 0.7200 Neighbourhood, Over One-Week Lows
March 1, 2021


1) GBP/USD Retreats Below 1.4000, UK/US PMIs In Focus
2) USD/CAD Flirts With Session Lows, Below 1.2700 Mark
3) XAU/USD Clings To Recovery Gains Above $1750 Level, Upside Seems Limited
February 26, 2021


1) USD/CAD Pares Intraday Gains, Up Little Around 1.2610 Region
2) AUD/USD Bounces Off Weekly Lows, Finds Some Support Near 0.7800 Mark
3) GBP/USD: Bias Shifts In Favour Of Bearish Traders Amid Resurgent USD Demand
4) XAU/USD: Gold Risks A Drop Below $1750 Amid Bearish Technical Setup
February 25, 2021


1) EUR/USD Advances Towards 1.2200 Amid US Dollar Weakness
2) XAU/USD Eyes $1770 Amid Symmetrical Triangle Breakdown
3) AUD/USD Sits Near Three-Year Tops, Around 0.7975 Region
4) USD/CAD Flirts With Multi-Year Lows, Around 1.2500 Mark
February 24, 2021


1) GBP/USD: Bulls Turn Cautious Amid Overbought Conditions, Ahead Of BoE Speakers
2) NZD/USD Consolidates Post-RBNZ Gains To 34-Month Tops, Around 0.7370-75 Area
3) USD/JPY Holds Steady Near Two-Day Tops, Just Above Mid-105.00s
4) XAU/USD: Bulls Trying To Seize Control, Optimism Capping Gains For Gold
February 23, 2021


1) EUR/USD: Gearing Up For A Bullish Breakout Through 1.2190-1.2200 Hurdle
2) GBP/USD: Bulls Take Breather Near Ascending Channel Hurdle Ahead Of UK Jobs Data
3) XAU/USD: Gold’s Recovery Appears Limited Ahead Of Powell
February 22, 2021


1) GBP/USD Dips Below 1.40 Ahead Of UK PM Johnson's Reopening Speech
2) XAU/USD: Gold Bulls Insist But Treasury Yields Surge Could Play A Spoil Sport
3) EUR/USD: Pair Torn Between Optimism And Inflation Fears, Has Two Reasons To Rising
February 19, 2021


1) USD/JPY: Descending Trend-Line Breakout Point Holds The Key For Bulls
2) EUR/USD: Euro Bulls Still Not Out Of The Woods, Need At Least One Dose Of Optimism
3) GBP/USD: Bulls Likely To Pause Near Ascending Channel Resistance, Around 1.4035 Area
4) XAU/USD: Gold Bears Eye Daily Closing Below November 30 Lows
February 18, 2021


1) EUR/USD: Seems Vulnerable To Extend The Pullback Amid Strong USD Rebound
2) GBP/USD: Corrective Pullback Might Still Be Seen As Buying Opportunity
3) XAU/USD: Downside Still Compelling For Gold, $1765 Support Remains At Risk

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