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Market Analysis

May 11, 2021


1) EUR/USD Hovers Around 1.2150 Amid Inflation Fears, Ahead Of Data
2) GBP/USD Trades Off The Highs Amid Risk-Off Mood, Ahead Of Bailey
3) USD/JPY Clings To Modest Gains, Remains Below 109.00 Mark
4) AUD/USD Consolidates In A Range Below Mid-0.7800s Ahead Of Australia’s Federal Budget
May 10, 2021


1) EUR/USD: Post-NFP Upsurge Stalls Ahead Of 1.2200 Mark, Bullish Potential Intact
2) GBP/USD: Seems Poised To Climb Further Beyond 1.4100 Mark
3) XAU/USD: Gold Set To Test 200-DMA Amid US Dollar’s Dead Cat Bounce
4) USD/CAD Refreshes Multi-Year Lows, Bears Await Sustained Break Below 1.2100 Mark
May 7, 2021


1) EUR/USD Holds Steady Above 1.2050 Ahead Of Lagarde, NFP
2) USD/CAD Bears Take A Breather Ahead Of NFP/Canadian Jobs Report
3) GBP/USD Bulls Struggle To Seize Control Despite Hawkish Boe, Focus Shifts To NFP
4) USD/JPY Tests 109.00 Three-Day Downtrend As Japan Aims To Extend Virus-Led Emergency
May 5, 2021


1) EUR/USD Hovers Around 1.20 Ahead Of EZ PMIs, Critical US Data
2) XAU/USD Challenges 100-SMA Support Again Ahead Of US Data
3) GBP/USD Trades Around 1.39 Amid Political Tensions
4) USD/CAD Set To Test April Lows At 1.2265 Amid WTI Rally, Ahead Of US Data
May 4, 2021


1) EUR/USD Pressured Toward 1.20 On Dollar Strength
2) XAU/USD Retreats Further From Two-Week Tops, Weakens To $1,780 Area
3) GBP/USD Flirts With Session Lows, Just Above Mid-1.3800s Amid Broad-Based USD Strength
May 3, 2021


1) EUR/USD Pressured Around 1.20 Ahead Of PMIs
2) XAU/USD Climbs To Fresh Session Tops, Around $1,780 Region
3) GBP/USD Struggles To Hold Onto 1.38 Amid UK Political Uncertainties
4) USD/CAD Clings To Modest Intraday Gains, Above 1.2300 Mark
April 30, 2021


1) EUR/USD Dips Below 1.21 After German GDP Misses With -1.7%
2) GBP/USD Drops To 1.3900 Neighbourhood, Fresh Session Lows
3) XAU/USD Remains Confined In A Range Around $1,770 Level
4) EUR/GBP Clings To Modest Gains, Lacks Follow-Through Beyond 0.8700 Mark
April 29, 2021


1) EUR/USD Retreats Toward 1.21 On USD Bounce, German CPI, US GDP Eyed
2) XAU/USD Eyeing A Firm Break Above $1800, US GDP In Focus
3) USD/JPY Steadily Climbs To Session Tops, 109.00 Mark Back In Sight
4) GBP/USD Drops From Weekly Highs Near 1.3980 Post-FOMC And Brexit Final Call
April 28, 2021


1) EUR/USD Remains Supported Above 100-DMA Ahead Of Lagarde, FOMC
2) XAU/USD Eyes $1760 Amid Firmer Yields, Bearish Technicals Ahead Of FOMC
3) GBP/USD Flirts With Session Lows, Around 1.3870-65 Region Amid Stronger USD
4) USD/CAD Remains Confined In A Range Around 1.2400 Mark, Focus Remains On FOMC

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