Commodities
Gold (XAU/USD) is showing a moderate bullish tone for the second consecutive day on Tuesday, with price action approaching the $4,800 level after bouncing from one-week lows at $4,664 on Monday.
Forex
Societe Generale strategists note EUR/USD has squeezed through 1.1750 and is approaching its pre-conflict level of 1.18, with support at 1.1673 and resistance at 1.1830.
Forex
The Euro (EUR) keeps trading sideways around 0.8700 against the British Pound GBP) on Tuesday.
Forex
The (EUR) trades higher against the US Dollar (USD) for the seventh consecutive day on Tuesday.
Forex
The EUR/USD pair trades firmly near 1.1760 during the early European trading session on Tuesday, the highest level seen in six weeks. The major currency pair reflects strength as market sentiment remains risk-on due to optimism towards a permanent ceasefire between the United States (US) and Iran.
Commodities
Silver (XAG/USD) is attempting a sustained breakout above a multi-month bearish trendline, marking a significant technical milestone. The short-term bias is bullish with $80.00 as the next target. However, overbought momentum suggests caution and patience for a pullback to $75.00 may be warranted.
Forex
The Pound Sterling (GBP) extends its rally to near 1.3515 against the US Dollar (USD) during the Asian trading session on Tuesday.
Commodities
Silver (XAG/USD) builds on the previous day's bounce from the vicinity of mid-$72.00s and gains some follow-through positive traction during the Asian session on Tuesday.
Forex
The EUR/USD pair is seen building on the previous day's strong intraday move up of over 100 pips and gaining some follow-through traction during the Asian session on Tuesday.
Forex
GBP/USD opened the new week on the soft side, dipping to a session low near 1.3380, but staged a strong recovery through Monday's session to close around 1.3510, up 0.35% on the day.
