
The USD continues its decline against major currencies as the dollar index (DXY) fell to its lowest level in three years, reaching 97.02. This is reflected on the performance of major Forex pairs.
EURUSD shows a clear upward trend with price respecting the trendline shown on the 1H chart. The pair is now in a consolidation phase near 1.1753
The 5, 10, and 30 moving averages are stacked upward, but also showing fluctuations.
MACD has flattened near the zero line showing consolidation.
EUR/USD is in a bullish structure, but losing momentum. Consolidation range appears between 1.1700–1.1750. A breakout above 1.1753 would confirm continuation to 1.1800. However, breakdown below 1.1680 might start a short-term retracement.
EURUSD 1H Chart

| Resistance | 1.1738 | 1.1753 | 1.1800 |
| Support | 1.1710 | 1.1688 | 1.1667 |
USDJPY shows a clear downtrend on the hourly chart. Support levels are failing to hold prices higher, which indicates a strong bearish momentum on the pair. Moving averages (5, 10, 30) are aligned bearishly, with the 5 below the 10, and 10 below 30.
MACD is still below the zero line, which supports weak momentum.
USD/JPY is in a strong bearish phase, with no signs of reversal yet. A break below 143.75 could open lead to further downside movement towards 142.90 or even 142.50. Only a bullish MACD crossover or break above 144.50 would start to shift sentiment upward.
USDJPY1H Chart

| Resistance | 144.36 | 144.76 | 144.94 |
| Support | 143.75 | 143.38 | 142.82 |
Gold shows a clear downtrend followed by a slight bullish correction on the hourly chart. Price is facing a strong psychological resistance level at $3,300 after breaking the dynamic resistance represented by 30-period moving average. The bullish crossover of moving average MA(5) with MA(10) indicates bullish momentum in the short term as correction.
Support formed around $3,247 level which may keep prices above. Bullish Crossover has occurred on MACD, which supports upward momentum.
Gold rebounded from a key support zone and is now attempting a short-term bullish reversal. If bullish momentum continues, the next target would be the $3,305–$3,320 area. However, the long term trend remains mixed unless we break 3,350+ again with strength.
Gold (XAUUSD) 1H Chart

| Resistance | $3,300 | $3,312 | $3,336 |
| Support | $3,276 | $3,259 | $3,246 |
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