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Market Analysis

October 7, 2020

07-Oct-2020

1) Trump Calls Off Talks On Stimulus Plan Until After Election
2) XAU/USD: Gold Looks South As US Dollar Cheers Stimulus Gloom
3) GBP/USD: Turns Vulnerable After Trump Cancels Talks On Stimulus Package
4) EUR/USD: Bulls At The Mercy Of USD Price Dynamics, 1.1700 Mark Holds The Key
October 6, 2020

06-Oct-2020

1) Dollar falls as risk sentiment returns on stimulus package hopes
2) AUD/USD buoyed by US fiscal stimulus hopes and improving health of President Trump
3) XAU/USD: Gold’s path of least resistance is up ahead of Powell’s speech
4) GBP/USD: Sustained move beyond 1.3000 mark to pave the way for additional gains
5) EUR/USD: Bulls seize control above one-month-old descending channel
October 5, 2020

05-Oct-2020

1) Dollar's Decline Not Expected To Go Far, But Still A Lot Of Confusion Lingering
2)  XAU/USD: Gold’s Fate Hinges On Trump’s Health, 21-DMA - Level To Beat For Bulls
3) EUR/USD: Bulls Await Sustained Move Beyond A One-Month-Old Descending Channel
4) GBP/USD: Lack Of Follow-Through Buying Warrants Caution For Bulls
5) AUD/USD: Ausi Consolidates Below 0.7200 Ahead Of RBA Rate Decision Tuesday
October 2, 2020

02-Oct-2020

1) US Dollar Strengthens Ahead Of Nonfarm Payroll Data
2) GBP/USD: Digests Overnight Brexit-Led Volatile Swings, NFP In Focus
3) EUR/USD: Fails Near One-Month-Old Descending Trend-Channel, Focus Shifts To NFP
October 1, 2020

01-Oct-2020

1) EUR/USD: Recovery Lacks Bullish Conviction, Eurozone/US PMI Eyed For Fresh Impetus
2) AUD/USD: Rekindles Positive Sentiment; Confronts Heavy Upside Obstacle
3) GBP/USD: Bulls Might Now Aim For A Move Beyond 1.3000 Mark
September 30, 2020

30-Sep-2020

1) Dollar Remains On The Back Foot Ahead Of Trump/Biden's U.S. Presidential Debate
2) XAU/USD: Gold Downed By US Dollar Comeback After Presidential Election Debate
3) GBP/USD: The Recent Recovery Might Have Already Started Losing Steam
4) EUR/USD: Bulls Remain At The Mercy Of USD Price Dynamics
September 29, 2020

29-Sep-2020

1) Dollar Falls Broadly As Rebound In Global Stocks Boosts Risk Sentiment
2) EUR/USD: Steadies Below 1.1700 Mark, Trump-Biden Debate Awaited
3) GBP/USD: Not Out Of The Woods Yet, Focus Remains On Brexit Talks
September 28, 2020

28-Sep-2020

1) EUR/USD: Bears Are Taking A Breather After Last Week's 1.8% Drop
2) GBP/USD: Short-Covering Kicks In Ahead Of Brexit Talks On Tuesday
3) Gold Technical Analysis: Fades From Restrictive Line To 100-Day SMA
September 25, 2020

25-Sep-2020

1) Positive Headlines Around A US Stimulus Deal And Vaccine News May Support Risk
2) EUR/USD: A Modest USD Pullback Helped Ease Bearish Pressure, For The Time Being
3) GBP/USD: Bears Await A Sustained Break Below 200-DMA, 38.2% Fibo. Level

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