Silver extends its strong upward move, breaking above $60 as traders anticipate the Federal Reserve’s upcoming rate decision and press conference.

EUR/USD is sticking to a soft downside bias on turnaround Tuesday, sliding back toward the key 1.1600 area and marking fresh multi-day lows. It’s also testing the 55-day SMA from above, adding a bit of technical tension to the move.

Gold prices are up on Tuesday, with the bright metal now hovering around $4,215 a troy ounce. A better market mood undermines near-term demand for the US Dollar (USD), despite the improved sentiment surging from upbeat United States (US) data.

The Australian Dollar (AUD) keeps grinding higher on Tuesday, pushing AUD/USD to the area of fresh three-month highs around 0.6650.

Gold prices retreat slightly to $4176 amid US dollar strength and Fed uncertainty, but technicals remain bullish with traders eyeing $4300–$4340 on a breakout.

EUR/USD trades within an ascending channel near 1.1650, awaiting direction from key US jobs data and the Fed’s rate decision, with technical indicators hinting at a possible bullish continuation.