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Market Analysis

May 26, 2021

26-May-2021

1) EUR/USD Market Optimism Directs Bulls Toward 1.2300
2) XAU/USD Breaks Through $1900, Room For Additional Upside?
3) GBP/USD Sustains The Bounce Above 1.4150 Amid Weaker US Dollar
4) USD/JPY Clings To Modest Gains Around 108.85 Region, Lacks Follow-Through
May 25, 2021

25-May-2021

1) EUR/USD Soars To Highest Since January On Dollar Weakness
2) GBP/USD Shrugs Off Brexit Concerns And Advances To 1.42
3) USD/CAD Hangs Near Multi-Year Lows, Below Mid-1.2000s
4) XAU/USD Supported By Weaker US Yields But Overbought Conditions Warrant Caution
May 24, 2021

24-May-2021

1) USD/JPY Flirts With Session Lows, Around 108.70 Region
2) EUR/USD Rises Towards 1.2200 As US Dollar Eases With Yields
3) XAU/USD Remains On Track To Test $1900 Amid Positive Fundamentals
4) AUD/USD Bears Await A Break Below Head & Shoulders Neckline Support
5) USD/CAD Remains Confined In A Range Above Mid-1.2000s, Seems Vulnerable
May 21, 2021

21-May-2021

1) GBP/USD Jumps To Test 1.4200 On Upbeat UK Retail Sales
2) EUR/USD: Steady Above 1.2200 Ahead Of Key PMI Figures
3) GBP/JPY Struggles For Direction, Stuck In A Range Below Mid-154.00s
4) XAU/USD Defending This Key Support Is Critical For Bulls, As $1900 Beckons
May 20, 2021

20-May-2021

1) GBP/USD Inches Back Closer To Mid-1.4100s Amid Weaker USD
2) EUR/USD Recovers Toward 1.22 As Fed Effect Fades Ahead Of Data
3) USD/CAD Rebounds Swiftly From 1.2100 Mark Amid A Sharp Fall In Oil Prices
4) XAU/USD Looks To Challenge Three-Month Highs Despite Fed’s Tapering Jitters
May 19, 2021

19-May-2021

1) GBP/USD Remains Confined In A Range Below 1.4200 Mark Post-UK CPI
2) EUR/USD Renews Three-Month Tops Near 1.2250 Ahead Of A Busy Docket
3) XAU/USD Poised To Test $1900 Amid A Bull Pennant, Focus On FOMC Minutes
4) USD/CAD Trades With Modest Gains Around 1.2075-80 Region, Lacks Follow-Through
May 18, 2021

18-May-2021

1) GBP/USD Edges Higher Toward 1.4200 After Upbeat UK Jobs Data
2) EUR/USD Well Placed For 1.22 On USD Sell-Off, Focus On Eurozone GDP, Lagarde
3) EUR/GBP Remains Depressed Below 0.8600 Mark, Moves Little Post-UK Jobs Data
4) XAU/USD Risks A Pullback Amid Overbought Conditions, Focus Shifts To Fed Minutes
May 17, 2021

17-May-2021

1) GBP/USD Trades Around 1.41 As The UK Eases Restrictions
2) XAU/USD’s Bullish Potential Intact Despite The US Dollar’s Bounce
3) USD/CAD Surrenders Modest Intraday Gains, Hangs Near 1.2100 Mark
May 12, 2021

12-May-2021

1) GBP/USD recovers early lost ground, flat-lined below mid-1.4100s
2) EUR/USD Remains Pressured Below 1.21 Ahead Of Critical US CPI Data
3) Gold Pressured Amid Fears Of Rising Inflation, Interest Rates
4) AUD/USD Bounces Off Weekly Lows, Still Deep In The Red Around 0.7810-15 Region

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