technical

AUD/USD trades near key support at 0.6500, with technicals pointing to a potential breakdown toward 0.6400 as bearish momentum builds.

GBP/USD is staging a short-term rebound but a break-and-retest of the 1.3141 neckline suggests further downside toward 1.3015 amid bearish technical signals.

EUR/USD is showing signs of a fading rebound after hitting 1.1567, with technicals and Fed-ECB divergence pointing toward a likely return to 1.1260 support.

EUR/USD closed in positive territory for three consecutive days and registered moderate gains in the previous week. The pair trades in a narrow range at around 1.1550 in the European morning on Monday as investors remain focused on the political developments in the US.

Gold is building on Friday’s rebound in Asian trades on Monday, having briefly regained the $4,050 psychological barrier to hit ten-day highs. Traders await fresh cues on the end to the record US government shutdown amid mounting economic concerns.

The Pound Sterling (GBP) extended its downtrend and reached seven-month lows near 1.3000 against the US Dollar (USD), before GBP/USD buyers quickly jumped in and recovered some ground.