Gold is reversing the previous decline to retest the $3,650 barrier early Friday.

The EUR/USD pair trades near an intraday high of 1.1746, after falling to a low of 1.1660 during European trading hours. The pair saw little action throughout the first half of Thursday, as market participants were waiting for first-tier events.

USD/INR faces strong resistance at ₹88.50, forming a rising wedge. Support at ₹87 and 50-day EMA, with upside potential toward ₹89 if bullish breakout continues.

USD/ZAR turned sharply bearish after breaking below 17.50, with downside targets at 17.25 and 17.00 as selling pressure builds.

EUR/USD stays rangebound between 1.16 and 1.18 after the ECB’s rate hold, with traders awaiting the Fed’s decision for the next breakout signal.

The DAX remains choppy below its 50-day EMA, with support at €23,250 and resistance at €24,600 as traders await clearer momentum after the ECB decision.