Fundamental

Gold (XAU/USD) posted another week of gains as headlines from the Middle East remained the main driver for the precious metal and will continue to do so in the short term. 

The EUR/USD pair came back to life this week, settling a handful of pips above the 1.1700 mark. Risk-on flows began late Tuesday, when United States (US) President Donald Trump withdrew his threat to destroy Iran.

USD/CHF is sitting on an important support zone, with US yield trends and Middle East headlines likely to decide whether the pair bounces or slips toward 0.78.

EUR/USD is approaching the key 1.17 area on improving risk sentiment, though higher US yields and Middle East headlines may keep the pair volatile and rangebound.

Bitcoin is holding up well despite geopolitical turmoil, with a developing bottoming pattern and steady ETF inflows suggesting a possible breakout if $76,000 is cleared.

GBP/JPY remains bullish as persistent yen weakness and favorable rate differentials push the pair toward the key 214–214.50 resistance zone.