TOM Barkin

EUR/USD edged higher after its early-week slide lost momentum, but the broader technical picture remains fragile. Traders are watching US inflation data and Federal Reserve commentary for clues on whether the pair can hold above key support or extend losses toward 1.1100.

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 1.3206, its weakest level since June 29, as the US dollar holds firm and traders monitor geopolitical risk. Market attention now turns to US jobs figures, consumer confidence, housing data, GDP readings and Federal Reserve commentary for the next move.

Gold and silver remain caught between hawkish central bank policy, stubborn inflation risks and safe-haven demand tied to geopolitical tensions. Technical traders are watching whether XAU/USD can hold $4,334 support while silver attempts to build momentum above key resistance.

Bitcoin has pushed back above $87,000, supported by strong U.S. spot ETF inflows and fresh corporate buying. The next phase depends on whether BTC can hold the $82,300 breakout zone, outperform gold, and withstand pressure from higher Treasury yields.

EUR/USD remains under pressure after falling to its lowest level since July 30, with technical traders watching a bearish flag formation and key levels at 1.1450, 1.1500 and 1.1550. Central bank commentary, fuel-price inflation, a Trump-Xi meeting and flash PMI data are set to shape near-term direction.