EUR/USD is trading at 1.08300, 0.02% down since previous day close. EUR/USD is trading in negative territory for two consecutive days near 1.0830 due to renewed USD demand. The pair maintains a bearish outlook above the key EMA and RSI, with the first upside barrier near 1.0853 and potential support level at 1.0800. The key resistance level is near 1.0853, with a break above this level paving the way for a 100-period high. A potential support level is at the 1.0800 round mark, representing the lower limit of the Bollinger Band. As seen in the chart, the pair has broken support with strong bearish candle, hence downside moment is expected till major support.

US100 is trading at 18480, 0.21% up since previous day close. U.S. stock index futures rose in evening deals on Tuesday, signaling some recovery on Wall Street after three consecutive days of losses amid uncertainty ahead of more cues on inflation and the Federal Reserve. Nasdaq 100 Futures rose 0.2% to 18,485.0 points. Markets remain in a holding pattern until key inflation figures and Fed officials’ addresses. As seen in the chart, the index has a reversal resistance, downside is expected.

XAU/USD is trading at 2179.6, 0.05% up since previous day close. Gold price (XAU/USD) is struggling to gain momentum due to diverging forces, including doubts about the Fed’s three-time rate cuts this year and traders waiting for the release of the US Personal Consumption and Expenditure (PCE) Price Index data. The Fed’s projection of a less restrictive monetary policy and three rate cuts by year-end is a tailwind for the non-yielding Gold price. Russia’s increased attacks on Ukrainian energy infrastructure and Iran-backed Houthi militants have tempered investors’ appetite for riskier assets. As seen in the chart, market has been rejected from resistance  could go upside for retest.