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Market Analysis

October 14, 2020

14-Oct-2020

1) US Dollar Strengthens As Stimulus Hopes Fade
2) EUR/USD: Turning Bearish Amid Softer Risk Tone, 1.1700 Mark Holds The Key
3) AUD/USD: Further Falls Likely, Eyeing An Approach To 0.7000
October 13, 2020

13-Oct-2020

1) EUR/USD: Resistance Emerges In The 1.1830 Region
2) GBP/USD Remains Pressured Around 1.3050 Amid Mixed UK Jobs Data
3) AUD Upturn Falters As Pboc Intervenes To Correct CNY Appreciation
October 9, 2020

09-Oct-2020

1) XAU/USD: Gold Eyes Friday’s Close, US Stimulus Hopes Down The Dollar
2) GBP/USD: Ready To Fall From The Highs? Four Reasons To Sell Sterling
3) Europe Points To Higher Open As US Stimulus Is Back On, UK GDP Disappoints
October 8, 2020

08-Oct-2020

1) CAD:  Loonie Set For Additional Gains On Sub-10% Employment Rate
2) EUR/USD: Bounces Off Resistance-Turned-Support, Bullish Bias Remains
3) XAU/USD: Gold Vulnerable Amid Risk-On Rally In Stocks On US Stimulus Hopes
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

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