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Market Analysis

October 21, 2020


1) EUR/USD: Bulls Seize Control Amid Optimism Over US Stimulus Plans
2) GBP/USD: Upside Seems Limited Amid Persistent Brexit Uncertainties
3) NZD/USD: Optimism Prolonged; Price Action Remains Stalled
4) XAU/USD: Gold Primed For A Falling Wedge Breakout On US Stimulus Hopes
October 20, 2020


1) GBP/USD: Brexit Uncertainties Continue To Cap The Upside
2) AUD/USD: Aussie Extends Fall As RBA Discusses Further Easing
3) XAU/USD: Gold’s Fate Hinges On A Potential US Fiscal Stimulus Deal
4) EUR/USD: Bulls At The Mercy Of USD Price Dynamics, Upside Seems Limited
October 19, 2020


1) EUR/USD: Bears Likely To Target September Monthly Swing Lows, Around 1.1615-10 Area
2) GBP/USD: Investors Refrain From Placing Directional Bets Amid Brexit Uncertainties
3) XAU/USD: Gold’s Upside Scope Limited After China Q3 GDP Miss
October 16, 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 15, 2020


1) Australian Dollar Falls As Governor Lowe Pledges More Easing
2) GBP/USD: Bulls Turn Cautious Ahead Of The Key EU Summit
3) EUR/USD: Seems Vulnerable To Slide Below 1.1700 Mark
October 14, 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


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


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


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

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