FxAnalysis

The EUR/USD is near the 1.17250 mark as of this writing, this as September’s trading finishes and October gets ready to start in a couple of days.

The USD/ZAR is near the 17.25250 ratio as of this morning, this as the currency pair continues to press upon its lower realm and produces a solid bearish trend which has been rather consistent since the 1st of August.

The euro rose modestly against the US dollar on Monday but remains neutral, with 1.16 as key support and 1.18–1.20 as critical resistance.

The Australian Dollar rebounded from key 0.6550 support, with momentum building toward 0.6650, though downside risks remain if support breaks.

Gold surged higher on Monday, breaking past technical targets, with momentum now pointing toward $3,915 and potentially the psychological $4,000 mark.

Silver broke above $47 in early trading, with momentum eyeing the long-term $50 resistance, though analysts warn the rally looks overextended.