Analyzes

Silver is showing signs of fatigue below the $51.50 resistance, with a failure to hold $50 potentially signaling a short-term top and a deeper pullback ahead.

Ethereum continues to struggle below the 200-day EMA, with fading risk appetite and persistent resistance suggesting a potential slide toward the $3,000–$2,500 range.

Gold continues its battle with the $4,150 barrier early Wednesday, preserving the previous bullish momentum, in anticipation of a potential end to the government shutdown.  

EUR/USD manages to rapidly leave behind Monday’s marginal decline, finding extra legs and advancing to two-week highs just over 1.1600 the figure on turnaround Tuesday.

Gold price advanced towards $4,150, its highest in three weeks, before trimming early gains and stabilizing in the $4,110 area. Financial markets are in a wait-and-see mode amid hopes the United States (US) government will soon reopen, which puts some intraday pressure on the US Dollar (USD).

The Australian Dollar (AUD) faces some renewed donwside pressure on Tuesday, prompting AUD/USD to set aside two daily gains in a row and come close to the key 0.6500 contention zone.