Bitcoin 
Ethereum 
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Figure Heloc 
There is arguably just one to take note of on the day, as highlighted in bold below.That being for EUR/USD at the 1.1900 level. The expiries don’t tie to any technical significance but are resting just under the 100-hour moving average of 1.1935 currently. The pair is finding a bit of a push and pull in trying to keep above 1.1900 with bids layered there too during the week, so the expiries will add another layer in defending that.However, dollar sentiment remains the main driver at the moment. And that will largely be affected by the action in precious metals. As gold and silver are down and may be poised to correct further, that will invite dollar shorts to be covered as well. As such, the impact of the expiries will be lesser when accounting for this key factor driving trading sentiment currently.There are other large ones at 1.1800 and 1.1850 which could come into play, that is should the dollar jump much higher if we do see a much sharper decline in both gold and silver. That also as risk sentiment starts to get rocked by the profit-taking and volatility in precious metals.So, just keep that in mind as that is the bigger thing to watch out for in not only commodities but also major currencies at the moment. You have to keep your eye on what is happening with gold and silver to have a gauge of the spillover impact towards the dollar and the rest of the FX space.For more information on how to use this data, you may refer to this post here.Head on over to investingLive (formerly ForexLive) to get in on the know!
This article was written by Justin Low at investinglive.com.
💡 DMK Insight
EUR/USD is flirting with critical levels, and here’s why that matters right now: The 1.1900 level is a psychological barrier, and with expiries just below the 100-hour moving average at 1.1935, traders should be on high alert. If the pair breaks below 1.1900, it could trigger a wave of selling, especially if we see increased volatility in the broader market. Conversely, a bounce off this level could signal a potential rally back towards the moving average, making it a key pivot point for day traders. Keep an eye on the 1.1935 level as well; if it holds, we might see a short-term bullish sentiment develop. But don’t ignore the potential for false breakouts. If the market sentiment shifts, particularly with any economic data releases or geopolitical tensions, the EUR/USD could react sharply. Watch for volume spikes around these levels to gauge market commitment. The next few hours could be pivotal, so stay nimble and ready to adjust your positions based on how the pair interacts with these key levels.
📮 Takeaway
Watch the 1.1900 support level closely; a break could lead to increased selling pressure, while a bounce may signal a rally towards 1.1935.
