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Market Analysis

January 6, 2021

06-Jan-2021

1) AUD/USD: Bulls in Control near Multi-Year Tops, Eyeing A Move Beyond 0.7800
2) GBP/USD Jumps to Two-Day Tops, Just Above Mid-1.3600s
3) EUR/USD: Euro Rides the Blue Wave Higher, Why There Is Room for More Gains
4) XAU/USD: Gold Refreshes Two-Month Tops, Challenges 61.8% Fibo. Level
January 5, 2021

05-Jan-2021

1) GBP/USD: Imposition of Third Lockdown in the UK Could Cap The Upside
2) EUR/USD: 1.2300 Capping Gains Amid COVID-19 Jitters, Georgia Election Worries
3) XAU/USD: Gold Remains Capped By $1947 Ahead Of Georgia Race – Confluence Detector
4) USD/JPY: Key 102.69 Support Appears At-Risk Ahead Of Georgia’s Elections
January 4, 2021

04-Jan-2021

1) EUR/USD: Corrective Pullback Is Likely To Remain Supported Near 1.2130-25 Area
2) GBP/USD: Stage Seems Set for a Move to Reclaim 1.3800 Mark
3) FTSE 100 Surges Driven By Gold Miners and Entain
December 31, 2020

31-Dec-2020

1) GBP/USD: Bulls Turn Cautious Amid Further COVID-19 Restrictions In UK
2) XAU/USD: Gold Can Ignore US Dollar Bounce On The Way To $1,900
3) EUR/USD Fades Upside Momentum Around 1.2300 On US Dollar Retreat
December 30, 2020

30-Dec-2020

1) Dollar Remains on the Back Foot Due To Continued Risk Sentiment
2) XAU/USD: Gold Flirts With Session Lows, Below $1880 Level
3) GBP/USD: Bulls Looking To Seize Control, Remain At the Mercy of USD Price Dynamics
December 29, 2020

29-Dec-2020

1) XAU/USD: Gold Trades with Modest Gains, Lacks Follow-Through
2) GBP/USD: Profit-Taking Kicks In As Brexit Deal Optimism Fades
3) USD/JPY Remains On The Defensive, Holds Above Mid-103.00s
December 28, 2020

28-Dec-2020

1) Dollar Dithers In Thin Trade As Trump Passes Aid Package
2) EUR/USD Approaching Next Major Break, 1.2150 Holds The Key
3) GBP/USD: Brexit Deal Announcement, US Stimulus Remained Supportive
December 24, 2020

24-Dec-2020

1) Sterling Gains, Dollar On Back Foot Amid Hopes Brexit Deal Imminent
2) EUR/USD: Likely To Consolidate Further Amid Holiday Mood
3) GBP/USD: Bulls Seize Control Amid Hopes For An Imminent Brexit Deal
December 23, 2020

23-Dec-2020

1) AUD/USD Lower Again As USD Stronger Across The Board
2) GBP/USD: Bulls Remain At The Mercy Of Incoming Brexit Headlines
3) EUR/USD: Weekly Swing Lows, Around 1.2130-25 Holds The Key For Bulls

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