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Market Analysis

July 9, 2021


1) EUR/USD Consolidates Below 1.1850 Ahead Of Lagarde
2) XAU/USD Trades With Modest Gains Above $1,800, FOMC Minutes Awaited
3) GBP/USD Remains Pressured Towards 1.3750 Amid Disappointing UK Data
July 8, 2021


1) GBP/JPY Drops To 151.00 Neighbourhood, Over Two-Month Lows
2) AUD/USD Plummets To Fresh YTD Lows, Bears Targeting 0.7400 Mark
3) EUR/USD Consolidates Below 1.1800 Amid Firmer USD, Ahead Of Lagarde
4) XAU/USD Jumps Back Closer To Multi-Week Tops, Above $1,810 Level
July 7, 2021


1) EUR/USD Bears Struggle Above 1.1800 Ahead Of FOMC Minutes
2) GBP/USD Teases 1.3800 Amid Risk Aversion, FOMC Minutes Eyed
3) Gold Clings To Near Three-Week High As US Treasury Yields Drop
July 6, 2021


1) USD/JPY Hangs Near Four-Day Lows, Around 110.75 Region
2) GBP/USD Cools Amid Brexit Concerns, Greenback Comeback
3) EUR/USD Off The Highs Amid Dollar Bounce, Mixed German Data
4) XAU/USD Awaits Acceptance Above $1800 Ahead Of US ISM, Fed Minutes
July 5, 2021


1) GBP/USD Climbs To Three-Day Tops, Around Mid-1.3800s
2) EUR/USD Sticks To Lows Near 1.1850 As USD Rebounds
3) USD/JPY Struggles For Direction, Holds Steady Around 111.00 Mark
4) XAU/USD Eyes Further Upside Above $1795-$1797 Region, Focus Shifts To Fed
July 2, 2021


1) GBP/USD Consolidates Above 1.3750 Ahead Of US NFP Data
2) USD/CAD Climbs To Near Two-Week Tops, Around Mid-1.2400s
3) EUR/USD: Bears Take A Brief Pause Near Three-Month Lows, NFP Awaited
4) USD/JPY Holds Steady Near 15-Month Tops, Above Mid-111.00s Ahead Of NFP
July 1, 2021


1) GBP/USD On The Defensive Above 1.3800 Ahead Of Bailey
2) EUR/USD Pressured Around 1.1850 On Ongoing Dollar Strength
3) XAU/USD Climbs To $1,780 Area, Upside Seems Limited
4) NZD/USD Clings To Gains Near Session Tops, Eyeing A Move Beyond 0.7000 Mark
June 30, 2021


1) EUR/USD Clings To 1.19 Ahead Of EZ Inflation Data, ADP NFP
2) XAU/USD’s Path Of Least Resistance Is Down, Focus On US Jobs
3) GBP/USD Drops Below 1.3850 Amid Mixed UK Data, Brexit Optimism
June 29, 2021


1) GBP/USD Defends 1.3850 Amid Stronger US Dollar
2) EUR/USD Bears Attack 1.1900 Ahead Of German CPI, Lagarde
3) USD/JPY Bounces Off One-Week Lows, Flat-Lined Above Mid-110.00s
4) XAU/USD Remains Vulnerable Amid Firmer US Dollar, Bearish Technicals

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