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Market Analysis

November 3, 2020

03-Nov-2020

1) GBP/USD: Steadies Above 1.2900 As Investors Await The Outcome Of US Elections
2) XAU/USD: Gold Bulls Insist On US Election Day, Upside Appears Limited
3) EUR/USD: Bears Take A Brief Pause Ahead Of The US Presidential Election
November 2, 2020

02-Nov-2020

1) EUR/USD: 1.1615-10 Area Holds The Key Amid COVID-19 Worries, Ahead Of US Election
2) GBP/USD: Break Below 1.2880-70 To Pave The Way For Further Weakness
3) XAU/USD: Gold Looks South As US Election Jitters Buoy The Dollar
October 30, 2020

30-Oct-2020

1) Dollar Gains On Upbeat U.S. Data, Euro Falls As Lagarde Hints At Additional Stimulus
2) XAU/USD: Gold Sees A Dead Cat Bounce, $1849 In Sight Amid Covid, Election Jitters
3) EUR/USD: Post-ECB Slide Stalls Near 100-DMA, Eurozone Data Eyed For Fresh Impetus
4) GBP/USD: Turning Bearish Again Amid Growing COVID-19 Worries
October 29, 2020

29-Oct-2020

1) Dollar Gains On Risk Aversion Due To Fears Of Lockdown In Europe And Selloff In U.S. Stocks
2) EUR/USD: Bounces Off 1-Month Old Ascending Channel Support, ECB In Focus
3) Lockdowns Are Not Good For Oil Sentiment
October 28, 2020

28-Oct-2020

1) EUR/USD: Bulls Losing The Grip Amid Fresh Coronavirus Jitters, Ahead Of ECB
2) BOJ: Economic Forecasts Downgrade And Hints On December Move
3) Crude Oil Price Falls On Demand And Supply Concerns
October 27, 2020

27-Oct-2020

1) Dollar Gains As Concerns Over U.S. Stimulus Package Triggers Risk-Aversion
2) EUR/USD: Only A Dead Cat Bounce? Covid, Election Uncertainty And Data Push Lower
3) FTSE Set For Higher Open HSBC Revamp In Focus
4) AUD/USD Range Bound As Investors Delay Bets Until After Key Risk Events
October 26, 2020

26-Oct-2020

1) GBP/USD: Brexit Uncertainties To Cap Gains Amid Fresh Coronavirus Jitters
2) EUR/USD: Bulls Await Sustained Move Beyond 61.8% Fibo. Hurdle
3) Gold Price: XAU/USD Off Lows, Still In The Red Below $1900 Mark
October 23, 2020

23-Oct-2020

1) EUR/USD: 1.1765-60 Support Holds The Key For Bulls, Eurozone PMIS Eyed For Fresh Impetus
2) Wall Street Ends Higher On Thursday But Futures Retreat After Trump-Biden Debate
3) GBP/USD Moving Into Technical Resistance As Brexit Talks Resumes
October 22, 2020

22-Oct-2020

1) AUD/USD Shrugs Off Dovish RBA, Buoyed By US Weakness And Yuan Gains
2) EUR/USD: Bulls Take A Breather, Focus Remains On US Stimulus Talks
3) GBP/USD: Stage Seems Set For A Move Beyond 1.3300 Mark
4) XAU/USD: Dollar’s Rebound Checks The Gold Rise, Bullish Bias Still Intact

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