technical

Gold (XAU/USD) surged near $4350 on Tuesday, with bullish momentum fueled by Fed rate cut bets, geopolitical tensions, and ETF inflows, keeping gold on track for a historic 2025 close.

EUR/USD traded near a two-month high at 1.1768 on Tuesday, with traders eyeing a potential breakout above 1.18 as key Eurozone PMIs and US job data threaten to spark volatility.

The EUR/USD pair traded in a well-limited range throughout the first part of the day, holding on to its December gains and changing hands at around 1.1760 early in the American session. The Euro (EUR) held on to higher ground, despite discouraging European data.

More than half a billion in leveraged crypto positions were liquidated across the crypto market on Tuesday as the price of Bitcoin dropped to $85,000 amid a broader market tumble. XRP prices posted the largest 24-hour losses among the top ten cryptocurrencies by market capitalization.

The S&P 500 continued to edge lower on Tuesday, slipping below 6,810 as cautious sentiment and spillover fears from the Nasdaq 100 pressured the index toward key support at 6,800.

The Nasdaq 100 continued to face selling pressure on Tuesday, falling below 25,000 as investor caution grows around AI valuations and year-end positioning, with support eyed at 24,700.