Market Recap 

XAUUSD 
XAUUSD opened at 4653.41 and finished at 4649.84, down 3.57 on the day, a move of -0.08%. Price ranged 105.74 points, or 2.27% of the opening level, between a session low at 4600.85 posted at 03:27 and a high at 4706.59 at 12:43. The low formed just above the 4600 handle, while the intraday advance later pushed through the 4700 mark before retreating. By the close, the market settled near the middle of the day’s range and 0.16 under the 4650 handle. Intraday structure was defined by early weakness into the 03:27 trough, a recovery leg that carried into the early afternoon peak above 4700, and afternoon-to-late-session giveback that left the close marginally below the open. The session high remained well short of the 10-day peak at 4800.38, and the day’s action held well above the 10-day low at 4306.12, keeping price positioned within that broader band. On the four-hour timeframe, MACD is positive at 19.6. No daily average true range reference was provided for comparison. The proximity to round numbers featured throughout: initial stabilization above 4600, a brief break of 4700 around the session top, and a final print just below 4650. Overall, the day ended little changed in net terms following a two-way range that tested both sides of nearby handles without challenging the prevailing 10-day extremes. 

USDJPY 
USDJPY finished the session at 159.65, up 0.09 or 0.06% from the 159.56 open. Price printed a 5‑day high of 159.82 at 02:29 before slipping to the session low of 159.30 at 11:25, then firmed into the close. The day’s range spanned 0.53, which was 0.33% of the open. The close sat above the intraday midpoint and above the opening level, while remaining below the 160.00 figure that capped the day’s high. On the daily timeframe, the close stayed above the 20‑day simple moving average at 159.25 and above the 21‑day exponential average at 158.91, placing price further into positive territory relative to these reference lines. The pair also remained underneath the daily upper Bollinger Band at 160.45, keeping the session’s high contained within the band. On the hourly timeframe, the pair ended slightly above the 20‑hour simple moving average at 159.57. Intraday structure featured an early push to the high in the Asian hours, a retreat into mid‑morning that set the low, and a subsequent climb back toward the upper half of the range by the close. With the high recorded early and the low formed later in the morning, the session closed nearer to the top than the bottom of the day’s extremes, while holding below 160.00 and keeping the multi‑day high in place at 159.82. 

Economic Calendar Recap & Preview 

No major economic data was released. Focus turns to early Asia, where at 02:00 server time Australia’s S&P Global Services PMI is expected at 51.3 after 52.8 previously, while the Composite PMI last stood at 52.4 with no consensus indicated. The UK follows at 11:30 with S&P Global/CIPS Services PMI, seen unchanged at 51.2 after 51.2. The main release arrives at 15:30 with US Durable Goods Orders month over month, forecast to fall 2.2 percent after a flat 0.0 percent prior; a softer outturn would imply weaker equipment investment and a cooler capex pulse. Together, the services PMIs will offer an early read on activity momentum into April. Given the series’ volatility and frequent revisions, headline and category details could spur short-lived swings around the release.