technical

AUD/USD surged on trade optimism and Fed rate cut expectations, with bulls targeting 0.6650 as key US and Australian economic events approach.

Bitcoin hovers near $116K as traders anticipate a Fed rate cut, with bullish momentum building toward the $120K resistance amid strong technical and macro tailwinds.

EUR/USD remains range-bound within a triangle pattern ahead of key Fed and ECB rate decisions, with a breakout likely to follow this consolidation phase.

Gold is revering a part of the previous decline, challenging the $4,000 mark as safe-haven flows return heading into the two-day US Federal Reserve (Fed) monetary policy meeting.  

EUR/USD is having a hard time keeping Friday’s momentum going, as the pair briefly retested the 1.1650 area early in the week before running out of steam. Still, it’s managed to notch four straight days of modest gains as the US Dollar (USD) continues to drift lower.

Spot Gold pierced the $4,000 level on Monday, as a better market mood trashed demand for the safe-haven metal. It currently trades near a fresh 3-week low of $3,971.63.