Analyzes

Rangebound between $0.6440 and $06525,

Bitcoin remains rangebound near $111,300 as ETF outflows, a firmer U.S. dollar, and weakening technicals suggest fading momentum and possible downside.

EUR/USD struggles to stage a rebound early Wednesday and fluctuates in a tight channel at around 1.1600 after posting losses for three consecutive trading days. The pair’s technical outlook suggests that the bearish stance remains unchanged in the short term.

Gold is attempting a recovery above the $4,100 mark early Wednesday, after having reversed a further sell-off to near the key $4,000 support. Gold buyers fight back control, awaiting fresh developments on the US-China trade front.

EUR/USD extends its slide on Tuesday, testing support near the 1.1600 level as the Euro came under renewed selling pressure alongside other risk-sensitive assets.

Spot Gold plunged on Tuesday amid a better market mood and resurgent US Dollar (USD) demand. The XAU/USD pair fell towards $4,080 before bouncing to the current $4,110 level, holding on to substantial losses in the American afternoon.