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Market Analysis

August 5, 2020

05-Aug-2020

1) EUR/USD: Ready To Challenge The Yearly High
2) GBP/USD: Rising Only Due To Dollar Weakness May Reach Its Limit, Selling Opportunity?
3) Gold Continues To Glister, As Precious Metals Surge
August 4, 2020

04-Aug-2020

1) EUR/USD: Ready To Rally? US Political Mess, Coronavirus, Bounce At Critical Support Pointing Up
2) Australian Dollar Wavers After Mild RBA Interest Rate Decision
3) Gold Price: Bulls Eye $2000 Amid Record Low US Real Yields, Favorable Technicals
August 3, 2020

03-Aug-2020

1) EUR/USD: Ready To Resume Its Rises? America's Troubles, Healthy RSI, Point Up
2) A Tough Spot For The Reserve Bank Of Australia
3) GBP/USD: London Lockdown Fears, Channel Loss And Other Factors Point Lower
July 30, 2020

30-Jul-2020

1) GBP/USD: Struggles To Find Acceptance Above 1.3000, US GDP Eyed For Fresh Impetus
2) EUR/USD: Bullish Run Stalls Ahead Of 61.8% Fibo., Focus Shifts To German/US GDP
3) Dollar Wavers After Mild Fed Interest Rate Decision
July 29, 2020

29-Jul-2020

1) Dollar Declines Stall Ahead Of Fed Meeting
2) GBP/USD: Move Beyond 1.30 Mark Remains A Possibility, FOMC In Focus
3) EUR/USD: Awaits Dovish Fed Before The Next Leg Up
4) Gold: Buyers Hopeful Amid Dovish Fed Expectations, Favorable Technicals
July 28, 2020

28-Jul-2020

1) USD Hits The Lowest Level In Almost Two-Years
2) Gold Has Steam Rolled Straight Through The 2011 Highs
3) EUR/USD: Profit-Taking Kicks In As Focus Turns To Fed
4) GBP/USD: Rally Pauses Near 1.2900, Bulls Remain At The Mercy Of USD Price Dynamics
July 27, 2020

27-Jul-2020

1) Gold: Bulls Are Driving The Car And Approaching The $2000 Level
2) EUR/USD: Next Relevant Target Emerges At 1.1815
3) The Negotiations On A New US Fiscal Package Remain A Wildcard
July 24, 2020

24-Jul-2020

1) EUR/USD: Holds Steady Near Multi-Month Tops, Bulls Await Eurozone PMIs
2) Gold: Bulls Ready to Take On $1900 Amid Dollar Break Down
3) Dollar Ends Lower On Weak U.S. Data
July 23, 2020

23-Jul-2020

1) Gold: Buy The Dips? Chart Warrants Caution Amid US-China Flare-Up
2) Europe To Open Slightly Higher, China Said To Close US Consulate In Chengdu
3) Aussie Continues To Creep Higher, Solidifying Break Above 0.71

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