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Market Analysis

October 28, 2020


1) EUR/USD: Bulls Losing The Grip Amid Fresh Coronavirus Jitters, Ahead Of ECB
2) BOJ: Economic Forecasts Downgrade And Hints On December Move
3) Crude Oil Price Falls On Demand And Supply Concerns
October 27, 2020


1) Dollar Gains As Concerns Over U.S. Stimulus Package Triggers Risk-Aversion
2) EUR/USD: Only A Dead Cat Bounce? Covid, Election Uncertainty And Data Push Lower
3) FTSE Set For Higher Open HSBC Revamp In Focus
4) AUD/USD Range Bound As Investors Delay Bets Until After Key Risk Events
October 26, 2020


1) GBP/USD: Brexit Uncertainties To Cap Gains Amid Fresh Coronavirus Jitters
2) EUR/USD: Bulls Await Sustained Move Beyond 61.8% Fibo. Hurdle
3) Gold Price: XAU/USD Off Lows, Still In The Red Below $1900 Mark
October 23, 2020


1) EUR/USD: 1.1765-60 Support Holds The Key For Bulls, Eurozone PMIS Eyed For Fresh Impetus
2) Wall Street Ends Higher On Thursday But Futures Retreat After Trump-Biden Debate
3) GBP/USD Moving Into Technical Resistance As Brexit Talks Resumes
October 22, 2020


1) AUD/USD Shrugs Off Dovish RBA, Buoyed By US Weakness And Yuan Gains
2) EUR/USD: Bulls Take A Breather, Focus Remains On US Stimulus Talks
3) GBP/USD: Stage Seems Set For A Move Beyond 1.3300 Mark
4) XAU/USD: Dollar’s Rebound Checks The Gold Rise, Bullish Bias Still Intact
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

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