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Market Analysis

February 10, 2021


1) EUR/USD: Bulls Looking To Seize Control, German/US CPI Eyed For Fresh Impetus
2) GBP/USD: Bullish Potential Intact, Ascending Channel Breakout Awaited
3) XAU/USD: Gold Prepping Up For A Big Break Higher, Technicals Suggest
February 9, 2021


1) Asia Market: Stock Buying Bonanza Reflects Investor Confidence
2) USD/JPY: Repeated Failure Near 200-DMA Warrants Caution For Bulls
3) GBP/USD: Bulls Seize Control, Fresh Multi-Year Tops, And Counting
4) XAU/USD: Gold Surges On Revival Of Reflation Trades, Bullish Breakout Imminent?
February 8, 2021


1) EUR/USD: Post-NFP Momentum Stalls Near 1.2050-60 Support-Turned-Resistance
2) GBP/USD: Bulls Need To Wait For Sustained Move Beyond 1.3755-60 Congestion Zone
3) XAU/USD: Gold Bulls Insist On US Stimulus Optimism But Upside Appears Limited
February 5, 2021


1) EUR/USD: Remains Vulnerable Near Two-Month Lows, NFP Eyed For Fresh Impetus
2) The US Payrolls Remain An Important Input For Trading
3) XAU/USD: Gold Is Consolidating After 2.2% Fall; NFP In Focus For Fresh Signals
February 4, 2021


1) AUD/USD Eases From Tops, Up Little Around 0.7625-30 Region
2) GBP/USD: Bears Seize Control Below 1.3600 Mark Ahead Of BoE
3) EUR/USD: Euro Set To Break 1.20 On Biden's Stimulus Strive, Levels To Watch
4) XAU/USD: Gold Seems Poised To Challenge 2021 Lows, Around $1800 Mark
February 3, 2021


1) RBA’s Dovish Outlook Forces AUD/USD To Reverse Recent Uptrend
2) GBP/USD: Confined In A Two-Week-Old Trading Range, Awaits BoE On Thursday
3) EUR/USD: Next Relevant Target for Bears Is Pegged Near 1.1930 Area
4) XAU/USD: Gold Rebounds On US Stimulus Progress But Not Out Of The Woods Yet
February 2, 2021


1) EUR/USD: Bulls Trying Hard To Defend 1.2060-50 Support Zone
2) XAU/USD: Gold Falters Near $1875-76 Resistance Zone
3) NZD/USD: Jobless Rate To Hit The Highest Since 2015
February 1, 2021


1) EUR/USD: Traders Seem Non-Committed, Eurozone/US PMIs Eyed For Some Impetus
2) GBP/USD: The Potential for Improvement in Growth and the Pound Is Considerable
3) XAU/USD: Gold Bulls Await Ascending Triangle Breakout
January 29, 2021


1) GBP/USD Bounces off Intraday Low to Regain 1.3700, Focus on Vaccine Jitters, Gamestop and China
2) XAU/USD: Gold’s Bearish Bias Intact While Below 200-DMA
3) XAG/USD: ‘Buy the Dips’ As Silver Looks to $27 and Beyond

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