
EUR/USD Forecast: Euro remains below key resistance area
EUR/USD holds its ground and trades in positive territory, slightly below 1.1750, in the European session on Friday.
EUR/USD holds its ground and trades in positive territory, slightly below 1.1750, in the European session on Friday.
Gold is flatlining in a tight range above $3,850 early Friday, following its two-way business on Wednesday, on track to register the seventh consecutive weekly rise.
EUR/USD retreated further on Thursday, breaking below 1.1700 as the Euro (EUR) came under renewed selling pressure. The pair touched weekly lows around 1.1685–1.1680, extending Wednesday’s slight pullback at the same time.
Gold price stood as high as $3,896.60 a troy ounce on Thursday, clinching yet another record high. The bright metal, however, retreated sharply after Wall Street’s opening and flirted with the $3,820 level.
Bitcoin extends gains toward $124K. While volume is lighter, buyers eye new highs. Pullbacks near $117K remain attractive entry points for bulls.
Apple retraced after gapping higher, testing $260 as key resistance. Support holds near $250–255, with potential bullish breakout aiming at $275.