setups

The XAUUSD increased by 0.40% and reached the $1,930 range, starting from a value of 1,932.01.

The EURUSD is trying to make a recovery and reach the 1.0700 level before the Federal Reserve's presentation later this week.

The US dollar to Mexican peso exchange rate, currently at 17.1306, is now trading at 17.1182, recovering from its lowest point of the day at 17.0296. This rebound comes as investors look forward to important monetary policy decisions from central banks throughout this week.

Oil prices are rapidly increasing due to worries about limited supplies, causing the Canadian dollar to strengthen compared to the US dollar.

The USDJPY pair, trading at 147.692, experienced a slight drop close to 147.70. It appears that the buying sentiment is weakening.

The GBPUSD pair is trading at 1.23959, and it is facing resistance near a significant psychological level. Additionally, there are conflicting predictions from two central banks regarding interest rates.

The Australian dollar to US dollar exchange rate, which was initially at 0.64317, has improved and is now trading at 0.6435. This recovery comes after reaching a low of 0.6416 earlier in the day, supported by positive Chinese economic data which has positively influenced market sentiment.

Wells Fargo believes that for the EURUSD currency pair at 1.06698, the risks are predominantly biased towards a decline.

According to SocGen, the forecast for the gold price suggests that there will be ongoing selling pressure, resulting in a decrease in value.

ING predicts that there will be a strong desire to buy EUR/USD near the 1.05 level.