Forex & Metals Forecast – Rising Yields Test USD/CAD, EUR/USD, and Platinum Support

Key Points:

• The U.S. 10-year yield remains elevated in a 4.60%-4.75% consolidation range, keeping risk appetite vulnerable and the dollar sensitive to a renewed yield spike.
• USD/CAD is testing the 200-day EMA inside the 50%-61.8% Fibonacci retracement zone, with a break higher putting the 1.3950 level in focus.
• EUR/USD is testing supply around 1.16-1.1650, while platinum’s well-defined range favors a tactical bullish bounce from support.