EUR/USD is trading at 1.0873, 0.05% up since previous day close. During 1.0850 in the early European session on Friday, the EUR/USD pair consolidates its weekly gains.  The Fed’s decision to hold rates and the ECB’s rate drop in June have increased the policy differences between the two central banks, which could short-term cause the EUR/USD to depreciate even more. The RSI is no longer above 65. The next upward barrier is anticipated to be met by EUR/USD at 1.0899, while the downside is predicted to reach 1.0831.

GER30 is trading at 18549, 0.15% up since previous day close. Germany’s stock market closed higher, with the DAX up 0.72%. Following the closing on Thursday, Germany’s stocks increased thanks to advances in the financial services, utilities, and pharmaceuticals and healthcare sectors. The market is seen favorably today. When the RSI reaches 60, the market is strongly bullish. The closest support is 18392, while the closest resistance is 18577. If the resistance breaks, it can be reached as high as 18787.

XAU/USD is trading at 2404,0.45% down since previous day close. The US Producer Price Index data and the potential for further Japanese intervention in the FX market are traders’ main concerns as the gold price reverses course and tests the $2,400 barrier early on Friday. Expectations for inflation, which may support recent selling near the US dollar. The technical picture of gold in the short term remains bullish, pointing to a retest of the record highs at 2,450. The closest support is 2362, while the closest resistance is 2425.