EUR/USD is trading at 1.0824, 0.10% up since previous day close. Ahead of Eurozone inflation statistics, EUR/USD continues to rise beyond 1.0800. Both the Fed and the ECB are anticipated to reduce interest rates soon. While the Eurozone’s recovery is gaining less impetus, perhaps medium-term weakening the Euro even further. According to daily chart analysis, a bearish spinning top appears in the candle from the previous day, indicating a trend reversal. Resistance is at 1.0834, and the nearest support is at 1.0796.

US 100 is trading at 19052, 1.75% up since previous day close. As megacaps and chips decline ahead of Big Tech results, nasdaq plummets. Expectations that the Federal Reserve will announce a reduction in September in its policy decision on Wednesday have been strengthened by the ongoing improvement in inflation and the slowing labor market.  The RSI reaches 39, according to daily chart analysis, which indicates that purchasing may now begin. The nearest resistance is 19202, while the closest support is 18877.

SILVER is trading at 28.58, 0.68 up since previous day close. During the Asian session on Wednesday, silver rises for the second day in a row and reaches a multiday high. Silver is frequently utilized in the automotive, solar panel, Jewelry, and electronics industries for industrial applications. Daily chart analysis shows that the RSI reaches 48.  A gap up opening that was observed today suggests a bullish trend. Resistance is at 28.70, while the nearest support is at 27.49.