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Market Analysis

July 2, 2021

02-Jul-2021

1) GBP/USD Consolidates Above 1.3750 Ahead Of US NFP Data
2) USD/CAD Climbs To Near Two-Week Tops, Around Mid-1.2400s
3) EUR/USD: Bears Take A Brief Pause Near Three-Month Lows, NFP Awaited
4) USD/JPY Holds Steady Near 15-Month Tops, Above Mid-111.00s Ahead Of NFP
July 1, 2021

01-Jul-2021

1) GBP/USD On The Defensive Above 1.3800 Ahead Of Bailey
2) EUR/USD Pressured Around 1.1850 On Ongoing Dollar Strength
3) XAU/USD Climbs To $1,780 Area, Upside Seems Limited
4) NZD/USD Clings To Gains Near Session Tops, Eyeing A Move Beyond 0.7000 Mark
June 30, 2021

30-Jun-2021

1) EUR/USD Clings To 1.19 Ahead Of EZ Inflation Data, ADP NFP
2) XAU/USD’s Path Of Least Resistance Is Down, Focus On US Jobs
3) GBP/USD Drops Below 1.3850 Amid Mixed UK Data, Brexit Optimism
June 29, 2021

29-Jun-2021

1) GBP/USD Defends 1.3850 Amid Stronger US Dollar
2) EUR/USD Bears Attack 1.1900 Ahead Of German CPI, Lagarde
3) USD/JPY Bounces Off One-Week Lows, Flat-Lined Above Mid-110.00s
4) XAU/USD Remains Vulnerable Amid Firmer US Dollar, Bearish Technicals
June 28, 2021

28-Jun-2021

1) EUR/USD Advances Towards 1.1950 As US Dollar Turns South
2) GBP/USD Recaptures 1.3900 Amid UK Reopening, Brexit Optimism
3) USD/JPY Flirts With Session Lows, Just Above Mid-110.00s
4) NZD/USD Climbs To Fresh Session Tops, Back Closer To 0.7100 Mark
June 25, 2021

25-Jun-2021

1) GBP/USD Battles 1.3900 Amid Worsening Market Mood
2) EUR/USD Advances Towards 1.1950 Ahead Of US PCE Inflation
3) Gold Prints First Weekly Gains In Four Around $1,780, US PCE Data Eyed
June 24, 2021

24-Jun-2021

1) GBP/USD Holds Steady Above 1.3950 Ahead Of BOE
2) EUR/USD Advances Towards 1.1950 Amid Cautious Optimism
3) Technical Setup Favors XAU/USD Bears, Focus On US Data
4) NZD/USD Clings To Gains Near One-Week Tops, Above Mid-0.7000s
June 23, 2021

23-Jun-2021

1) EUR/USD Holds Steady Below 1.1950 Ahead Of PMIs
2) GBP/USD Jumps Above 1.3950 Ahead Of UK PMI
3) XAU/USD’s Bullish Potential Appears Limited Despite Dovish Powell
June 22, 2021

22-Jun-2021

1) GBP/USD Flirts With Session Lows, Around 1.3900 Mark
2) NZD/USD Struggles For Direction, Flat-Lined Below 0.7000 Mark
3) USD/CAD Stalls The Rebound Below 1.2400 Amid Rising WTI Prices
4) XAU/USD Awaits Powell For A Meaningful Recovery Above 100-DMA

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