EUR/USD remains on the back foot in the European session on Wednesday and trades below 1.1650 after losing about 0.5% on Tuesday. The technical outlook suggests that sellers are likely to retain control in the near term.
EUR/USD stayed on the back foot on Tuesday, adding to Monday’s pessimism and testing support in the mid-1.1600s.
Gold captures the key $4,000 barrier for the first time in history early Wednesday as the explosive record run remains uninterrupted.
Amid strong selling pressure, euro trading has witnessed a sharp decline amid political unrest in Europe and Asia. According to reliable trading platforms, the EUR/USD exchange rate has fallen towards the 1.1600 support level, the lowest level for the currency pair in more than a month. Currently, foreign exchange market analysts warn that French government…
As we predicted, the gold price index is testing the historic psychological resistance of $4000 per ounce. According to gold trading platforms, spot gold prices rose today, Wednesday, October 8, 2025, to the resistance level of $4040 per ounce, the highest in the history of gold prices. Recently, factors contributing to gains in the gold…
The gold market has shown itself to be rather noisy, but bullish during the trading session here on Tuesday. We pierced the crucial $4,000 level, an area that I think, of course, a lot of people will be watching very closely as there’s a lot of headlines around it. The question is, can we continue…