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Market Analysis

July 26, 2021


1) GBP/USD Remains Depressed Below Mid-1.3700s
2) EUR/USD Retreats From Highs As Markets Remain Cautious
3) NZD/USD Drops To Fresh Session Lows, Around 0.6960 Area
July 23, 2021


1) EUR/USD Edges Up After Upbeat German PMIs
2) AUD/USD Slides To Fresh Session Lows, Closer To Mid-0.7300s
3) GBP/USD Hovers Above 1.3750 After Upbeat UK Retail Sales Data
4) Gold’s Bearish Potential To Remain Intact, Focus On Weekly Close
July 22, 2021


1) GBP/USD Jumps To 1.3750, Dismissing Brexit, Covid Concerns
2) EUR/USD Clings To 1.18 Ahead Of All-Important ECB Meeting
3) XAU/USD Is Not Out Of The Woods Yet, Levels To Watch
July 21, 2021


1) GBP/USD Recovers Amid An Improving Market Mood
2) EUR/USD Bounces Toward 1.18 As The Dollar Takes A Breather
3) XAU/USD’s Downside Remains Exposed Towards $1790
4) AUD/USD Slides Below 0.7300 Mark For The First Time Since November 2020
5) NZD/USD Remains Depressed Near 0.6900, Just Above YTD Lows Touched On Tuesday
July 16, 2021


1) EUR/USD Battles 1.18 Amid Mixed Market Mood
2) Gold Eases But Holds Onto 200-DMA Amid Risk Reset
3) USD/CAD Remains Depressed Below 1.2600 Mark, Downside Seems Limited
4) GBP/USD Rebounds Swiftly From One-Week Lows, Climbs Back Closer To Mid-1.3800s
July 15, 2021


1) EUR/USD In Bullish Consolidation Above 1.1800 Amid Risk-Off Mood
2) GBP/USD Rises Above 1.3850 Amid Mixed UK Jobs, Ahead PM Johnson
3) USD/CAD Rebounds Towards 1.2550 As Falling WTI Prices Offset USD Decline
July 14, 2021


1) EUR/USD Licks Wounds Under 1.18, All Eyes On Powell
2) GBP/USD Rises Toward 1.3850 After Strong UK Inflation Data
3) XAU/USD Refreshes Session Lows, Eyeing A Break Below $1,800 Mark
July 13, 2021


1) EUR/USD Drops To 1.1850 On Dovish Lagarde's Comments
2) GBP/USD Remains On The Back Foot Below 1.3900 As USD Rebounds
3) USD/JPY Consolidates In A Range Below Mid-110.00s, US CPI Awaited
4) Gold Price Bull-Bear Tug-Of-War Continues, Focus Remains On US CPI
July 12, 2021


1) EUR/USD Eases Towards 1.1850 As US Dollar Recovers
2) GBP/USD Retreats From 1.39 As UK May Keep Some Restrictions
3) XAU/USD Eyes US CPI/Powell’s Testimony For A Fresh Directional Impetus

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