EUR/USD: highly nervous market, lacking certainty [Video]

Richard Perry Independent Analyst

EUR/USD

The repeated swings higher and lower over recent sessions reflect a highly nervous market, lacking certainty. It shows false signals are likely and despite the market ticking higher early today, we should not be overly confident of any trending moves. There are huge fundamental newsflow events in the coming days (ECB, US GDP, US election) which leave it likely that these daily swings could continue. Momentum indicators retain a positive bias (have done since the break above 1.1830 last week) but this is a difficult market to navigate right now. Initial support at 1.1785 needs watching as a close below would open a move back lower once more. A close above 1.1880 opens 1.1900/1.1915. whilst our preference is for a weaker dollar, the negative market sentiment is preventing this move from trending EUR/USD higher.

Author

Richard Perry

Independent Analyst

EUR/USD consolidates around 1.0900, bullish bias remains ahead of key US data

The EUR/USD pair is seen consolidating its strong gains registered over the past two days and oscillating in a narrow band during the Asian session on Tuesday. Spot prices currently trade around the 1.1900 mark, just below an over one-week high touched the previous day.

GBP/USD tilts bullish as markets barrel toward mid-week NFP print

GBP/USD is holding a broader bullish structure on the daily chart, with price trading well above the 50 Exponential Moving Average at 1.3507 and the 200 EMA at 1.3310, confirming the intermediate uptrend that has been in place since the November 2025 low near 1.2300.

Gold retreats below $5,050 on profit-taking ahead of US data

Gold price attracts some sellers in the Asian session on Tuesday, falling back below $5.050. The precious metal edges lower amid improved risk sentiment and some profit-taking. Traders look to the US Retail Sales data and Fedspeak due later in the day ahead of Wednesday's Nonfarm Payrolls release.

Litecoin eyes $50 as heavy losses weigh on investors

Following a strong downtrend across the crypto market over the past week, Litecoin holders are under immense pressure. The Bitcoin fork has trimmed about $1.81 billion from its market capitalization since the beginning of the year, sending it below the top 20 cryptos by market cap.

The market is buying everything again but is it dancing on a borrowed floor

The market has a short memory and a fast trigger finger. Last week’s liquidation barely cooled before risk came roaring back, pushing the S&P toward record territory and reinstalling Big Tech as the engine of choice. This is not discovery. It is re exposure.

Ripple exposed to volatility amid low retail interest, modest fund inflows

Ripple (XRP) is extending its intraday decline to around $1.40 at the time of writing on Monday amid growing pressure from the retail market and risk-off sentiment that continues to keep investors on the sidelines.