Market Recap 

XAUUSD 
XAUUSD traversed an 84.95-point range on 2026-06-08, or 1.96% of the open, and finished almost unchanged. Price opened at 4330.24, lifted early to 4353.38 at 03:28 to mark the session high, then fell into a trough at 4268.43 at 08:37 that registered new 5- and 10-day lows, before recovering into the close at 4329.81. The settlement was fractionally below the open by 0.43 points (-0.01%), positioned in the upper half of the day’s range and close to the 4330 handle identified by the final print. Intraday, the market briefly traded above the 4350 area during the early high and moved below 4300 at the session low, with the late rebound leaving the close well off the trough but beneath the peak. On the higher timeframes, the H4 EMA21 stood at 4385.95, keeping spot below that moving average by the close. The H4 MACD read -43.57 against a signal line at -36.88, indicating the MACD line remained under its signal on that timeframe. On the intraday gauge, the H1 RSI(14) printed 65.67 by the end of the session. Overall, the day set a new multi-day low in the morning before retracing most of the downswing, ending nearly flat and near a round-number level, with the closing level above the session midpoint but shy of the early high. 

EURUSD 
EURUSD carved out a 0.0055 intraday span, about 0.48% of the open, and finished the 08:00–24:00 session at 1.15, up 0.0026 or 0.23% from the prior open. Price began around 1.15 and slipped through the 1.15 handle into midday, printing the session low just under 1.15 at 12:32, which also marked a 5‑day and 10‑day low. From there it advanced into the U.S. afternoon, reaching the day’s high near 1.16 at 16:23, before easing to settle in the upper half of the day’s range. The sequence left round‑number levels in play, with trade oscillating around 1.15 for much of the middle of the day and failing to extend beyond the high set in the late afternoon. On higher timeframes, the close remained beneath the H4 21‑EMA around 1.16 and below the D1 21‑EMA near 1.16, while the D1 upper Bollinger Band sat higher around 1.17. On the intraday profile, the settlement aligned closely with the H1 21‑EMA and held just above the H1 20‑SMA, underscoring a finish nearer the top of the session’s distribution rather than at the extremes. Overall, the day featured a dip to fresh multi‑day lows by early afternoon followed by a recovery that stalled beneath the clustered H4 and D1 moving averages, with the final print at 1.15 leaving EURUSD above the midpoint of the session range but below the late‑day high. 

Economic Calendar Recap & Preview 

Japan’s national accounts dominated the latest calendar, but the dataset provided no actual prints; the 02:50 server time release showed unchanged guideposts with GDP at 0.5 percent quarter over quarter (prior 0.5, forecast 0.5), the GDP price index at 3.4 percent year over year (prior 3.4, forecast 3.4), headline GDP at 2.1 percent year over year (prior 2.1, forecast 2.1), and net exports’ contribution steady at 0.3 percentage points quarter over quarter (prior 0.3, forecast 0.3). Looking ahead, Japan’s BoJ L Money Stock arrives at 02:50, expected to quicken to 3.1 percent year over year after 2.8 previously, offering an update on liquidity trends. The U.S. docket features Existing Home Sales at 17:00, with a forecast of 3.99 compared with 4.02 previously; if the print undershoots the forecast, softer housing turnover would be a basic sign of cooling demand that can ease price pressures. At 19:30, ECB President Lagarde speaks, an event that may inform markets’ read-through on the inflation path and balance sheet normalization. Headline risk around the U.S. housing release could prompt brief volatility across rates and the dollar.