EUR/USD is trading at 1.0966, 0.05% down since previous day close. Monday’s early European session saw the EUR/USD exchange rate surpassing 1.0950. Despite the risk-on sentiment in the market, the pair struggles as the US Dollar holds onto its robust gains driven by US NFP. We’re still focused on Fed speak and Eurozone statistics. Indicating that the pair has further room to fall before technically becoming oversold, the 4-hour chart’s (RSI) indicator remains above 30. On the down side, 1.0950 is the nearest support.

US30 is trading at 42348, 0.04% down since previous day close. With attention shifting to corporate earnings in the coming days, the U.S. stock index increased somewhat as optimism persisted following solid payrolls data from the previous week. Wall Street had a big increase on Friday as worries about a weakening US economy were allayed by better-than-expected NFP statistics. Daily chart analysis indicates that an opening gap up indicates an uptrend. The closest resistance on the upside is 42703.

XAG/USD is trading at 31.89, 0.90% down since previous day close. As a result of increased demand for protection and positive predictions on silver’s industrial application as a result of China’s stimulus, silver prices surged beyond 32.1 per ounce in October, reaching their highest level in 12 years. After Israel promised to retaliate against Iran’s ballistic missile launch, concerns about more aggressive warfare in the Middle East pushed the use of safer assets. Silver is exchanged negatively. The closest assistance is 31.49