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Market Analysis

August 6, 2021

06-Aug-2021

1) GBP/USD Holds Above 1.39 After The BOE, Ahead Of The Fed
2) EUR/USD Pressured By Higher US Yields Ahead Of Nonfarm Payrolls
3) XAU/USD Looks South Ahead Of NFP, Key Levels To Watch
4) AUD/USD Trades With Modest Losses Below 0.7400, Focus Remains On NFP
5) NZD/USD Remains Depressed Near Mid-0.7000s, Downside Seems Limited Ahead Of NFP
August 5, 2021

05-Aug-2021

1) GBP/USD Flirts With 1.3900 Ahead Of The BOE's Super Thursday
2) EUR/USD Remains Depressed Below 1.1850 After The Fed's Taper Talk
3) XAU/USD Swings In A Familiar Range Of $1,810 And $1,830
4) AUD/USD Jumps Above 0.7400 Amid US Dollar Pullback, Ahead Of Data
August 4, 2021

04-Aug-2021

1) EUR/USD Rises Towards 1.1900 Ahead Of Top-Tier US Data
2) GBP/USD Advances On Dollar Weakness, Amid BOE Positioning
3) XAU/USD Tweaks Three-Day Fall Above $1,800 On Softer USD
4) USD/CAD Flirts With Session Lows, Around 1.2520-15 Region
August 3, 2021

03-Aug-2021

1) GBP/USD Holds Gains Around 1.3900 As Risk Rebounds
2) Gold Stays Pressured Towards $1,800 On Firmer T-Bond Yields
3) EUR/USD Treads Water Below 1.1900 Despite US Treasury Yields Rebound
August 2, 2021

02-Aug-2021

1) EUR/USD Advances Towards 1.1900 Ahead Of EZ/US PMIs
2) GBP/USD Recaptures 1.3900 Amid Upbeat Mood, UK PMI Eyed
3) XAU/USD Consolidates Weekly Gains Above $1,800 Ahead Of US ISM PMI
July 30, 2021

30-Jul-2021

1) EUR/USD Struggles Below 1.1900 Amid Downbeat German Data
2) GBP/USD Consolidates Near Multi-Week Tops, Around Mid-1.3900s
3) NZD/USD Reverses An Intraday Dip, Holds Steady Around 0.7000 Mark
4) Gold Set To Test $1850 Amid Bullish Technical Setup, US PCE Eyed
July 29, 2021

29-Jul-2021

1) EUR/USD Refreshes Daily High Above 1.1850 Ahead Of EU Data
2) XAU/USD Remains On Track To Test 200-DMA, US GDP Awaited
3) GBP/USD Renews Monthly Top Above 1.3900 On Softer USD, Brexit Optimism
4) AUD/USD Holds Steady Near Weekly Tops, Bulls Await A Move Beyond 0.7400 Mark
July 28, 2021

28-Jul-2021

1) NZD/USD Drops To One-Week Lows, Below Mid-0.6900s
2) GBP/USD Drifts Lower Below 1.3900 Amid Firmer US Dollar
3) EUR/USD Clings To 1.18 As Tensions Mount Ahead Of The Fed
4) Gold’s Battle With $1800 Extends, Levels To Watch Ahead Of Fed
July 27, 2021

27-Jul-2021

1) AUD/USD Drops To Fresh Session Lows, Back Closer To Mid-0.7300s
2) XAU/USD Going Nowhere In A Hurry Ahead Of FOMC On Wednesday
3) EUR/USD Stays Sluggish Around 1.1800, US Durable Goods Orders Eyed

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