Market Recap 

XAUUSD 
XAUUSD finished the 11 February session at 5082.24, up 56.42 points or 1.12% from the open, after traversing a 100.11-point intraday range equating to 1.99% of the opening level. Price opened at 5025.82 and moved through the 5100 handle into a session high of 5119.17 at 14:00, which registered a five-day high, before slipping to the day’s low of 5019.06 at 15:31. It later settled 36.9 points below the high and 63.2 points above the low, placing the close at 63.1% of the day’s range measured from low to high. The sequence of a high set before a subsequent low framed a mid-session swing, while the downside remained contained above the 5000 figure with the intraday trough at 5019.06. On higher timeframes, the market stayed above the H4 50-period simple moving average at 4936.85. Momentum readings showed H1 RSI14 at 58.21 and H4 RSI14 at 53.83 into the close. Despite the new five-day peak, the session high remained below the 10-day high at 5450.92. Overall, the close in the upper portion of the range underscored that the session ended nearer the highs than the lows, with price action encompassing a push beyond 5100 early in the afternoon, a retracement into the 15:31 low, and a recovery into the New York close without retesting either extreme. 

USOIL 
USOIL set a five-day high during the session, reaching 65.84 at 16:33 before easing back into the close. Price opened at 64.16 at 01:00, which also marked the session low, and it did not revisit that level. The close was 64.91, leaving the day up 0.75 or 1.17%. The intraday range measured 1.69, equivalent to 2.63% of the open. Trading moved over the 65.00 figure into the afternoon peak, stopping short of 66.00, and then settled back below 65.00 by the close. The final print sat just below the day’s midpoint, roughly 0.93 under the high and 0.75 above the low, indicating a finish in the lower half of the range after the earlier advance. From a higher time frame perspective, the close held marginally above the H1 21‑EMA at 64.85. On the daily timeframe, price remained above the 20‑SMA and the Bollinger midline, both around 62.75, and it stayed well above the recent five‑day low at 62.25. On H4, the MACD signal line was positive at 0.3. The session structure featured an immediate lift from the open low, a steady rise toward the 16:33 high, and a pullback into the evening, with activity straddling the 65.00 handle for much of the latter part of the day. By the close at 64.91, USOUSD ended higher on the day yet below the intraday peak, with range expansion that kept price comfortably above nearby daily moving-average reference points.

EURUSD 
EURUSD traversed a wide intraday band before settling marginally lower. The pair opened near 1.19 and pushed to the session high around 1.19 at 12:55, then slipped to the low near 1.18 at 15:33. It recovered part of the drop into the close, finishing at approximately 1.19, down about 20 pips on the day, a decline of 0.17%. The session range measured roughly 94 pips, about 0.79% of the open. The close landed just below the day’s midpoint, leaving price in the lower half of the overall range while off the extremes. Intraday flow saw an early advance above the 1.19 handle, a reversal into the mid‑1.18s, and late stabilization back toward 1.19, with both the 1.19 and 1.18 round figures featuring during the session. On the higher timeframes, spot remained above the 21‑day EMA, which sits near 1.18, with the final print maintaining a cushion over that reference. The daily MACD signal registered around zero, indicating an absence of a pronounced momentum skew on that gauge. Today’s low stayed above the 10‑day trough at about 1.18, keeping recent multi‑day downside markers intact. By the close, the market had retraced a portion of the mid‑afternoon drop, yet retained a modest net loss for the period, with price action confined between the 1.18 and 1.19 handles and settlement just under the internal midrange of the day’s 94‑pip span. 

Economic Calendar Recap & Preview 

Labor data surprised to the upside, with US Nonfarm Payrolls at 130.0, well above the 89.0 forecast and up from 50.0 previously, while the Unemployment Rate edged down to 4.3 percent from 4.4 percent against a 4.2 percent consensus. Looking ahead, Initial Jobless Claims at 15:30 are expected at 204.0 after 231.0 previously; if claims undershoot expectations, that would imply less slack in the labor market and could nudge rate expectations higher. At 17:00, Existing Home Sales are seen at 4.1 versus 4.13 previously, offering a read on housing turnover amid shifting mortgage rates. The 30-Year Bond Auction at 20:00 will be watched for demand metrics and pricing after a prior high yield of 4.83 percent; results can briefly jolt long-end yields and broader risk sentiment. Rounding out the calendar, Bank of Canada Senior Deputy Governor Rogers speaks at 20:45, an engagement that may inform views on the BoC’s reaction function following recent North American labor prints.