EUR/USD is trading at 1.1063, 0.02% up since the previous day close. On this European morning of Wednesday, the EUR/USD pair is trading cautiously above 1.1050. In the backdrop of the Middle East turmoil and the anxiety around the ADP data, the pair continues to be undercut by the US Dollar’s persistent gain. With the 4-hour chart’s RSI still significantly below 40, it appears that the bearish bias is still present. A downtrend is indicated by a gap down opening. With 1.1046 as the closest support.

US30 is trading at 42085, 0.27% down since previous day close. The Dow Jones Technology, Dow Jones Financials, and Dow Jones Health Care sectors had losses on Wednesday, which contributed to a decline in US stocks. Even as the United States warned Iran that it would face grave consequences for its conduct, Israel’s military declared that it would carry out “powerful strikes” throughout the Middle East until Tuesday night in response to Iran’s strike. The index is seeing negative trading. The nearest help number is 41609.

XAU/USD is trading at 2648, 0.57% down since previous day close. During Wednesday’s early European session, the price of gold slightly declines. After Iran launched ballistic missiles toward Israel, fears of a full-scale conflict in the area intensified, which in turn increased demand for the precious metal that provides a safe haven. The technical forecast indicates that although the trend is negative on a 4-hour period, the fact that the pairs traded above the 50-day MA suggests that the uptrend will continue. 2674 is the closest resistance.