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Market Analysis

November 25, 2020

25-Nov-2020

1) AUD/USD Buoyed As Risk Sentiment Surges Following Trump Commitment To Transition Of Power
2) Dollar Ends Lower On Return Of Risk Sentiment As US Stocks Rise To Record Highs
3) EUR/USD: Bulls Trying To Seize Control, Sustained Move Beyond 1.1920 Awaited
4) GBP/USD: Upside Remains Capped Near Ascending Channel Resistance
5) XAU/USD: Gold Risks Further Falls Below 200-DMA
November 24, 2020

24-Nov-2020

1) GBP/USD: Ascending Channel Resistance Capped Gains, Bullish Potential Still Intact
2) EUR/USD: Bulls At The Mercy Of USD Price Dynamics, 1.1800 Mark Holds The Key
3) XAU/USD: Gold Looks To Threaten $1800 Level Amid Coronavirus Vaccine Optimism
4) USD/JPY Trades With Modest Losses, Just Below Mid-104.00s
November 23, 2020

23-Nov-2020

1) EUR/USD: Stuck In A Familiar Range Below 1.1900 Mark Ahead Of Eurozone PMIS
2) GBP/USD: Bulls Seize Control Above 1.3310 Hurdle, UK/US PMIS Eyed
3) XAU/USD: Gold Bulls Insist But Not Out Of The Woods Yet
November 20, 2020

20-Nov-2020

1) EUR/USD: Bulls Might Wait For A Break Through November Highs, Around 1.1920
2) GBP/USD: Profit-Taking Kicks In As EU Leaders Press For Own No-Deal Brexit Plans
3) Emini S&P 500: In A Sideways Consolidation To Ease Overbought Conditions
4) USD/CAD: Comes To A Standstill As Momentum Fades
November 19, 2020

18-Nov-2020

1) GBP/USD: Bulls Remain At the Mercy of Incoming Brexit-Related Headlines
2) EUR/USD: Once Again Fails Ahead Of 1.1900, 200-Hour SMA Holds the Key for Bulls
3) XAU/USD: Gold Bears to Dominate Along With Coronavirus Fears
November 18, 2020

18-Nov-2020

1) EUR/USD: Ascending Channel Favours Bullish Traders Amid COVID-19 Vaccine Hopes
2) GBP/USD: Bulls Seem Non-Committed Despite Brexit Optimism
3) XAU/USD: Gold Bears Remain Hopeful Below 21-DMA Amid Covid Fears
November 17, 2020

17-Nov-2020

1) EUR/USD Holds Steady Above 1.1850 On Coronavirus Vaccine Hopes
2) GBP/USD: Boris Reins In The Bulls With Tough Brexit Stance, A Buy Opportunity?
3) XAU/USD: Gold Volatile Within Range Below $1900 Amid Vaccine Optimism
November 13, 2020

13-Nov-2020

1) EUR/USD: Euro Has Three Reasons To rising Despite Dark Covid Clouds
2) GBP/USD: Cable Extends Pullback On Political And EU/UK Talks News
3) XAU/USD: Gold Stuck Between $1890-$1850, Awaits A Range Breakout
November 12, 2020

12-Nov-2020

1) EUR/USD: Could Possibly Slide Back To 100-DMA, Around 1.1700 Mark
2) Global Equities Take A Breather Following Massive Vaccine-Related Moves
3) XAU/USD: Gold Faces A Double Whammy, $1850 Support At Risk?

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