Technical Analysis: Gold Tests $2,750, USD/JPY at 157.00, EUR/USD Weak

Gold (XAU/USD) is challenging the $2,750 resistance level, gaining 0.8% amid dollar weakness and geopolitical uncertainties. The precious metal's strength reflects safe-haven demand and concerns over global economic stability. USD/JPY maintains a bullish stance near 157.00, supported by diverging monetary policies between the Fed and BoJ, though intervention risks loom at higher levels. EUR/USD remains under pressure at 1.0480, struggling to break above the 50-day moving average as eurozone growth concerns persist. Technical indicators suggest gold could extend gains toward $2,800 if current resistance breaks, while USD/JPY faces strong resistance at 157.50. EUR/USD needs to reclaim 1.0520 to shift near-term momentum bullish, with support holding at 1.0450. Traders should monitor these key levels closely as market volatility increases ahead of major central bank decisions this week.