EUR/USD is trading at 1.08094, 0.06% up since previous day close. The EURO slightly moved on higher side on Monday against the mixed USD amid multiple global cues. On positive side, the China rolled out its new measures to boost stock market & property sector on weekend. However, the gains released from this news has been restricted by hawkish Fed Jerome Powell speech at Jackson Hole Symposium. The result of Euro-zone Money Supply & Private Loans data will remain in focus for the day. As seen in the chart, the pair sems to be taking a support of lower trend-line of channel pattern as well as MA (100). Hence, a reversal momentum may be expected if sustained or a breakdown can be seen if breached on daily basis.

CHNIND is trading at 6294, 0.08% down since previous day close. The gap-up opening can be seen in in CHNIND after China unveiled the new measures to support the stock market by halving down the stamp duty on stock trades & local stock exchanges lowered down the margin financing requirements. In addition to this, the country announced a further loosening of mortgage rules to support the property sector. However, these positive sentiments had been affected by hawkish Fed Powell speech at Jackson Hole Symposium. The result of CB Leading Index data will be closely monitored today. As seen in the chart, the index sustained the cluster support with heavy trading volume & reversed on higher side. Buying on dips may be recommended for the day in CHNIND

WTI Oil is trading at $79.73, 0.04% up since previous day close.The Oil prices edges up on Monday after China unveiled new measures to support stock & property markets in order to boost economic growth & this, in return may revive the demand of energy products. However, the stronger USD after U.S Fed hinted for more rate hikes at Jackson Hole Symposium speech restricted the gains in Oil prices. The recent U.S Baker Hughes report showed a fall in Oil rig counts by 8 leading to 512 from 520 in the previous week. Earlier, the Saudi Arabia & Russia announced to cut-down their oil output & supplies till end-December which pushed up the prices. Sideways trading may be established for the day in WTI Oil.