Market Recap
XAUUSD
XAUUSD finished lower on Monday, settling at 23:57 at 4054.89, down 26.52 or 0.65% from the 4081.41 open. The session high was set immediately at 01:00 at 4082.99, while the low printed at 16:38 at 4019.09, establishing a 63.90 range, which was 1.57% of the opening level. The close sat just above the session midpoint, following a slide from the opening high toward the 4020 area and a partial retracement into the finish. Round-number markers featured, with 4100 remaining untested overhead, 4050 reclaimed into the close, and 4000 holding below as the intraday trough stayed above the 5-day low at 3995.95. On the higher timeframes, the pair opened above the D1 21-day EMA at 4075.65 and closed below it, while the 5-day high at 4120.37 and the 10-day high at 4166.03 stayed distant from price action throughout the day. Intraday momentum was subdued, with H1 RSI14 at 45.2 into the close, consistent with a finish in the lower half of the broader 10-day range. The day’s structure was defined by the early spike to the high, a prolonged descent to the afternoon low at 16:38, and a late-session recovery that lifted price back over 4050 without retesting the opening print. By the close, price was roughly 56% up from the session low and about 44% short of the session high, reflecting a modest recovery into the latter part of the range while maintaining a net decline on the day.

AUDUSD
AUDUSD slipped into the close at 0.69996, down 0.00444 or 0.63% from the session open, after traversing a 0.00521 range that equated to 0.74% of the open and around 111.6% of the prevailing daily ATR. The session set its high early at 03:44, printing 0.70494 and marking fresh 5‑day and 10‑day highs, before rotating lower into the European hours to a low of 0.69973 at 13:47. Price action tested notable round-number levels on both sides: it pressed the 0.7050 area on the upside and later slipped below 0.7000, ultimately settling within a pip of the 0.7000 handle. The close sat near the bottom of the day’s range, indicating that intraday momentum into the final hour remained pointed toward the session lows rather than retracing back toward the midpoint. From a higher‑timeframe viewpoint, spot finished above the 20‑day simple moving average at 0.6977, leaving the broader daily trend context marginally above that reference level even as intraday trade ended near the session floor. Momentum indicators were muted on higher timeframes, with both the H4 and D1 MACD signals hovering around the zero line. Overall, the sequence featured an early push to multi‑day highs followed by a steady decline through the New York morning, range expansion versus the recent daily average, and a settlement just under 0.7000 by 15:37 server time.

EURUSD
EURUSD set a fresh multi‑day high at 1.16 at 01:15 server time, then trended lower into the evening, posting the session low at 18:32 with a brief dip under 1.15, and finished at 1.15. From the 1.15 open, the pair fell 0.0044, a decline of 0.38%. The day spanned 0.0059, or 0.51% of the open, with the close positioned near the lower boundary of the range. Price action was characterized by an early lift through the mid‑1.15s to the peak that registered both a 5‑day and a 10‑day high, followed by a retreat that tested the 1.15 handle late in the session before settling slightly above it. The intraday structure left the final print only a small distance from the established trough, while the earlier high was not revisited after 01:15. In the higher‑timeframe context, the H1 21‑EMA was at 1.15, placing the close marginally below that moving average, and the H4 MACD signal read 0.0. The session high at 1.16 matches the stated 5‑day high level, marking the period’s most elevated print in the recent sequence, whereas the low near 1.15 anchored the lower bound for the day. By the close, the pair had traversed between two round‑number references—1.16 and 1.15—and ended near the latter, encapsulating an early high, a late low, and a finish near the bottom of the intraday range.

Economic Calendar Recap & Preview
US manufacturing data delivered mixed signals over the last day: the ISM Manufacturing PMI rose to 55.6, from 53.3 previously and above the 53.0 forecast, indicating firmer activity, while ISM Manufacturing Prices Paid eased to 71.1 versus 73.0 prior but still surpassed the 65.7 forecast, highlighting that input costs remained elevated relative to expectations; by contrast, S&P Global’s Manufacturing PMI dipped to 53.9, below the 54.5 forecast and down from 55.7, pointing to some softening in that survey’s breadth. Looking ahead, attention shifts to labor demand with JOLTS Job Openings due at 17:00 server time; the series is expected at 6.95 after 7.59 previously, placing focus on whether reported vacancies continue to drift lower from prior levels. If JOLTS prints softer than forecast, it would signal cooling demand for labor, which can lessen wage pressure. No other major releases are scheduled in the window, and there are no notable meetings flagged, leaving the single data point to guide the session’s macro tone. A headline surprise in JOLTS could spur brief volatility in front-end rates and the dollar around the release time, given its role in shaping views on the balance between labor demand and supply.

