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Market Analysis

June 1, 2021

01-Jun-2021

1) EUR/USD Advances Above 1.22 After Upbeat EZ Data
2) GBP/USD Slips Below 1.42 On Virus Concerns, Dollar Strength
3) XAU/USD’s Rally To $1930 Likely At Risk, As Treasury Yields Rebound
May 31, 2021

31-May-2021

1) GBP/USD Hovers Around 1.42 Amid UK Reopening Concerns
2) XAU/USD Consolidates Near Multi-Month Tops, Holds Steady Above $1,900
3) EUR/USD Clings To 1.22, Shrugs Off Mixed Chinese Data, Ahead Of German CPI
May 28, 2021

28-May-2021

1) XAU/USD At Crossroads, US PCE Inflation Holds The Key
2) AUD/USD Drops To 0.7700 Neighbourhood, Closer To Weekly Lows
3) EUR/USD Remains Depressed Below 1.2200, Focus On US PCE, Budget
4) GBP/USD Stays Pressured Below 1.4200 Amid Higher US Treasury Yields
5) NZD/USD Retreats Further Multi-Month Lows, Slide Below Mid-0.7200s
May 27, 2021

27-May-2021

1) EUR/USD Tops 1.22 As The Dollar Dips
2) GBP/USD Bounces Off 1.41 Ahead Of US Data
3) AUD/USD Struggles For Firm Intraday Direction, Flat-Lined Below Mid-0.7700s
4) XAU/USD Set To Retest Multi-Month Highs, Bullish Potential Appears Limited
5) NZD/USD Steadily Climbs Back Closer To Multi-Month Tops, Around 0.7300 Mark
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

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