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Market Analysis

September 24, 2020

24-Sep-2020

1) Dollar Rises On Safe-Haven Buying Due To Weakness In U.S. Equities
2) XAU/USD: Bears Eye A Daily Close Below 100-DMA Amid Dollar’s Upsurge
3) EUR/USD: Remains Vulnerable To Slide Further Amid Fading Hopes Of Global Recovery
September 23, 2020

23-Sep-2020

1) Dollar Rises On Safe-Haven Buying, Sterling Tumbles On New Coroanvirus Restrictions
2) GBP/USD: Break Below 200-DMA Paves The Way For Further Near-Term Weakness
3) EUR/USD: Remains Vulnerable Near Two-Month Lows Ahead Of Eurozone/US PMIs
4) Gold Price: Dollar Offers No Reprieve To XAU/USD, The $1863 August Low Eyed
September 22, 2020

22-Sep-2020

1) Dollar Rises On Safe-Haven Buying Due To Selloff In Global Equities Over Coronavirus Pandemic
2) AUD Tumbles As COVID Infections Rates Soar And US Political Uncertainty Grows
3) EUR/USD: Bears Now Eyeing A Sustained Break Below 1.1700 Mark
4) Gold Price: A Dead Cat Bounce For XAU/USD Ahead Of Powell?
September 21, 2020

21-Sep-2020

1) US Dollar Falls As US Political Tensions Rise After Ginsburg Death
2) EUR/USD: Further Consolidation Looks Likely Ahead Of Fed Speakers
3) XAU/USD: Gold Cheers Coronavirus Curbs, Tepid US Dollar Ahead Of Powell
4) GBP/USD: Sustained Break Below 1.2900 Mark Will Set The Stage For Further Weakness
September 18, 2020

18-Sep-2020

1) Australian Dollar Steady Despite Positive Employment Figures
2) EUR/USD: Investors Seemed Reluctant From Placing Fresh Directional Bets
3)  GBP/USD: Brexit Optimism Offset Boe Negate Rate Talks, 1.3000 Holds The Key For Bulls
September 17, 2020

17-Sep-2020

1) GBP/USD: Recovery Move Falters Near Bearish Flag Resistance, Focus Shifts To BOE
2) EUR/USD: Post-FOMC Slide Sets The Stage For Further Near-Term Downfall
3)  XAU/USD: Gold Sold-Off Into Fed’s Optimism But Downside Limited?
4) Boj And Fed Stand Pat, Focus Turns To BOE Meeting
September 16, 2020

16-Sep-2020

1) New Zealand GDP: A Less Severe Economic Slump? Kiwi’s Fate Hinges On Fed, Risk Trend
2) EUR/USD: Struggles To Make It Back Above 1.1900 Mark Ahead Of FOMC
3) XAU/USD: Gold looks north but Fed’s forward guidance holds the key
September 15, 2020

15-Sep-2020

1) Dollar Falls On Improved Risk Sentiment Due To Rise In Global Equities
2) GBP/USD: Boris Prevents Pound From Advancing, Time For A Fresh Dive?
3) EUR/USD: Bulls Seem Non-Committed Ahead Of FOMC On Wednesday
4)  XAU/USD Eyes $1980 Amid Weaker Dollar, Focus Shifts To Wednesday’s FOMC
September 14, 2020

14-Sep-2020

1) Gold: XAU/USD Bulls Cheer Dollar Weakness, Favorable Technicals
2) EUR/USD: Bulls At The Mercy Of USD Price Dynamics Ahead Of Fed Meeting
3) GBP/USD: Break below 200-DMA/61.8% Fibo. to pave the way for further weakness
4) Dollar Ends Flat In Choppy Friday Trading, Sterling Tanks To 6-Week Lows On Brexit Deadlock

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