Susan Collins

Gold is holding near a rising trendline around $4,160 as traders await U.S. inflation data that could shape the Federal Reserve’s next policy move. Silver remains under pressure below $59.83, with a break of $58.68 potentially sharpening the bearish technical setup.

AUD/USD remains under pressure after sliding from its September peak, with traders weighing RBA minutes, stronger US dollar demand and upcoming US inflation data. Technical signals including a bearish flag and shooting star pattern keep attention on the 0.6900 area if selling pressure extends.

GBP/USD remains under pressure after sliding to the 1.3200 area, with dollar strength and geopolitical tension shaping near-term sentiment. Technical traders are watching the 1.3157 neckline, where a break could reinforce downside risk toward 1.3100.

EUR/USD has fallen to its weakest level since May last year as mixed US data, higher Treasury yields and rate expectations keep pressure on the pair. Traders are watching the US nonfarm payrolls report, PMI releases and Fed commentary for the next directional catalyst.

Gold is under pressure after slipping below its 50-day moving average while Treasury yields and Federal Reserve rate-hike expectations rise. Technical traders are watching the $4,235.17 swing bottom and $4,230.51 retracement level as the next key downside tests.