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Market Analysis

July 3, 2020


1) EUR/USD: Turning Bearish Again Amid Renewed Coronavirus Jitters
2) GBP/USD: Coronavirus jitters/Brexit uncertainties capped gains, for the time being
3) USD/JPY: Bull-Trap and Bearish Engulfing Weigh but Neutral Tone Dominates On Friday
July 2, 2020


1) Nonfarm Payroll: An Upbeat Outcome Could Play Against the Greenback
2) EUR/USD Forecast: Non-Farm Payrolls to Spark a Rally?
3)  GBP/USD: Overbought? Resistance Eyed Ahead Of All-Important Non-Farm Payrolls
June 29, 2020


1) Dollar Doesn’t Profit From Risk-Off
2) GBP/USD: Not Out Of the Woods Yet, Focus Shifts To Brexit Talks
3) EUR/USD: Bulls Managed To Defend Double-Top Neckline Support
June 26, 2020


1) EUR/USD: Dead Cat Bounce or Rally from Dual Trendlines? Coronavirus Concerns Are Key
2) GBP/USD: Frosty Brexit Relations, US Coronavirus Record, Downside Momentum All Point Lower
3) Gold to Correct Lower in the Near Term?
June 25, 2020


1) EUR/USD: 1.1215 Holds The Key For Bulls; ECB Meeting Minutes, US Macro Data Eyed
2) GBP/USD : Break Below 1.2400 Will Set The Stage For Further Weakness
3) Dollar Outperforms Despite US Virus Outbreaks
June 24, 2020


1) GBP/USD: Bulls Take A Brief Pause Near 38.2% Fibo. Hurdle
2) New Zealand Dollar Falls after Dovish RBNZ Decision
3) EUR/USD Extends Rebound after Better EMU PMI
June 23, 2020


1) Dollar Falls Broadly Due To Return of Risk-On Trade
2) Aussie Snaps Losing Streak as Wall Street Posts Modest Gains
3) Markit UK PMI Surveys Preview: Consumers to business-can you hear me?
June 22, 2020


1) Crude Oil Price Inches Higher As US Oil Rigs Fall
2) Dollar Rises on Continued Safe-Haven Buying
3) Aussie Tapers Off As Second-Wave Concerns Grip the Market
June 19, 2020


1) GBP/USD: Failure to Recapture Critical Support Pointing To Further Losses after BOE Blow
2) USD/JPY Buying Opportunity at 106.70/60
3) EUR/USD Holding Strong Resistance at 1.1220/10

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