EUR/USD is trading at 1.0819, 0.16% down since previous day close. A widespread increase in the US dollar also affects the pair. Updates on French politics and EU Sentix data being observed. Following an impressive 272,000 increase in May, nonfarm payrolls in the US are expected to rise by 190,000 in June After a week of staying in the green zone, the weak US dollar helped to lift this pair. Today’s early Asian session appears to be selling pressure from the Friday high; potential resistance is 1.0844, and support is 1.0799.

GER30 is trading at 18467, 0.41% down since the previous day’s close. On Friday, July 5, the DAX increased by 0.14%, closing the session at 18,476. Investors will respond to the results of the run-off election in France on Monday, July 8. It’s also important to take into account US consumer inflation expectation statistics and German trade data. The European market is currently under excessive stress.  The French election has delayed market access, but US macroeconomic data suggests a potential rate cut in September, and German production data indicates that traders are confident enough to invest in the bullish side of the market, despite potential support at 18140 and resistance at 18690.

XAUUSD is trading at 2381, 0.39%, down since previous day close. US dollar, the price of gold is correcting lower from its near six-week high of $2,393 set on Friday. Due to US economic data and the FED rate cut in September of this year, there was some buying movement in gold on Friday. This was due to a slight recovery in the yields on US Treasury bonds Traders are unsure, though, if gold will continue to rally like it did on Friday. If so, 2351 could be the next support level and 2395–2440 could be the next resistance.