EUR/USD The EUR/USD pair trades around 1.1140, supported by a weaker US Dollar ahead of key economic data and speeches from Fed officials, including Chair Jerome Powell. Analysts anticipate potential aggressive rate cuts from the Fed, with support at 1.1121-1.1070 and resistance near 1.1180-1.1216. Meanwhile, Eurozone business activity decline raises speculation of further ECB rate cuts, adding to market volatility as traders await Fed comments trading at 1.1148, 0.14% up since previous day close.

US30 is trading at 42065, 0.43 % up since previous day close. The Dow Jones 30 remains volatile but is driven higher by liquidity as Wall Street responds to a softening dollar and a weakening US economy, which could lead to further Fed easing. Currently, the market is holding steady with support around the 41,600 level, a former resistance. As long as it stays above this level, buying the dips seems favourable. Nearest support is at 41,800-41,420, while resistance is found at 42,300-42,790.

XAUUSD is trading at 2658,0.07% down since previous day close. The Relative Strength Index (RSI) indicates overbought conditions for Gold (XAU/USD), yet a recent breakout through a short-term ascending trend channel suggests bullish momentum may continue. Price action remains range-bound below recent peaks, with support near 2650-2627 and resistance at 2670-2686. Geopolitical tensions and concerns over China’s economic recovery provide a safe-haven boost for gold amid mixed signals from the US Dollar.