EUR/USD Price Forecast: Bulls lack conviction for now
EUR/USD remains unable to trade in a clear direction at the start of the week, navigating a consolidative theme in the 1.1650 region following Friday’s marked pullback.

EUR/USD remains unable to trade in a clear direction at the start of the week, navigating a consolidative theme in the 1.1650 region following Friday’s marked pullback.
Spot Gold trades near its all-time high of $4,379.76 a troy ounce, up on a daily basis on Monday. The positive tone of global equities limits XAU/USD’s near-term bullish potential, but underlying political and trade woes keep the bright metal afloat.
The Australian Dollar (AUD) picked up where it left off on Friday, extending its rebound and prompting AUD/USD to reclaim the key 0.6500 yardstick in a solid start to the new trading week.
EUR/USD is showing signs of a bullish reversal, buoyed by a weaker USD, Fed rate cut expectations, and stabilizing political sentiment in Europe.
Gold remains in a strong uptrend after hitting a historic high, with ongoing macroeconomic tailwinds and investor demand supporting further upside.
Bitcoin (BTC) clawed its way back above the $110,000 mark on Monday, marking a pivotal moment in what many are calling the year’s defining bull run.