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Market Analysis

November 11, 2020

11-Nov-2020

1) GBP/USD: Bulls In Control Near Two-Month Tops Amid Hopes For A Brexit Trade Deal
2) EUR/USD: Recent Positive Move Might Have Already Run Out Of The Steam
3)  XAU/USD: Gold Bulls Losing Conviction While Below $1900
November 10, 2020

10-Nov-2020

1) Dollar Pares Initial Losses and Ends Higher On Rising US Yields
2) XAU/USD: Gold Defends Critical $1850 Support, Not Out Of The Woods Yet
3) EUR/USD: Possible False Breakout Setup Warrants Caution for Bulls
4) GBP/USD: Brexit Trade Deal Hopes Favour Bulls, Sustained Move Beyond 1.3200 Awaited
November 9, 2020

09-Nov-2020

1) Dollar Falls Broadly Due To Risk-On Sentiment Despite U.S. Election Uncertainty
2) EUR/USD: Breakout Occurs On Biden’s Victory, 1.2000 Is The Next Relevant Bullish Target
3) GBP/USD: Brexit Updates, Bailey's Speech Awaited For Fresh Bullish Impetus
4) XAU/USD: Gold Remains Poised For Additional Gains, $1973 In Sight
November 6, 2020

06-Nov-2020

1) The US Payrolls Will Take Center Stage Today
2) EUR/USD: Bulls Turn Cautious Near 1.1860-70 Supply Zone, Focus On US Politics/NFP
3) GBP/USD: Move Beyond 1.3160-70 Supply Zone To Set The Stage For Additional Gains
November 5, 2020

05-Nov-2020

1) GBP/USD Remains Capped Below 1.3000 Mark Post-BoE
2) XAU/USD:  Technicals, US Election Limbo Favor XAU/USD Ahead Of FOMC
3) EUR/USD: US Election-Led Volatility Subsides, Risk-On Mood Remains Supportive
November 3, 2020

03-Nov-2020

1) GBP/USD: Steadies Above 1.2900 As Investors Await The Outcome Of US Elections
2) XAU/USD: Gold Bulls Insist On US Election Day, Upside Appears Limited
3) EUR/USD: Bears Take A Brief Pause Ahead Of The US Presidential Election
November 2, 2020

02-Nov-2020

1) EUR/USD: 1.1615-10 Area Holds The Key Amid COVID-19 Worries, Ahead Of US Election
2) GBP/USD: Break Below 1.2880-70 To Pave The Way For Further Weakness
3) XAU/USD: Gold Looks South As US Election Jitters Buoy The Dollar
October 30, 2020

30-Oct-2020

1) Dollar Gains On Upbeat U.S. Data, Euro Falls As Lagarde Hints At Additional Stimulus
2) XAU/USD: Gold Sees A Dead Cat Bounce, $1849 In Sight Amid Covid, Election Jitters
3) EUR/USD: Post-ECB Slide Stalls Near 100-DMA, Eurozone Data Eyed For Fresh Impetus
4) GBP/USD: Turning Bearish Again Amid Growing COVID-19 Worries
October 29, 2020

29-Oct-2020

1) Dollar Gains On Risk Aversion Due To Fears Of Lockdown In Europe And Selloff In U.S. Stocks
2) EUR/USD: Bounces Off 1-Month Old Ascending Channel Support, ECB In Focus
3) Lockdowns Are Not Good For Oil Sentiment

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