EUR/USD is trading at 1.1084, 0.02% up since previous day close. Thursday morning European trading shows that the EUR/USD pair is weakening below 1.1100. Prior to the release of the important US job market statistics, the pair suffers in cautious markets while the US Dollar continues its downward trend. In summary, as long as the pair stays above the 50-day moving average, it will remain in an upward trend. On the upside, 1.1037 is the closest support and 1.1097 is the closest resistance.

US 30 is trading at 40925, 0.03% up since previous day close. Wall Street closes the day marginally lower following dismal job market statistics, with shares leading higher due to gains in the Consumer Goods, Utilities, and Financials sectors and lower due to losses in the Oil & Gas, Telecoms, and Basic Materials sectors. The Federal Reserve official’s remarks and labor market data that support a reduction in interest rates. An opening gap upward indicates a current rally. 41538 is the closest resistance.

XAU/USD is trading at 2505, 0.37% up since previous day close. Throughout Thursday’s Asian session, the price of gold continues its sideways consolidating trend. Investors were waiting for additional information about the size of the Federal Reserve’s interest rate drop, which might lower the opportunity cost of keeping non-yielding gold, in light of the important US jobs report. The preceding candle creates a dragonfly doji on the daily chart, indicating a trend reversal. 2509 is the closest resistance.