The EUR/USD pair trades marginally higher early in the American session on Monday, reversing an early slide towards 1.1617. The US Dollar (USD) rose at the weekly opening amid fresh hopes for easing trade tensions between the United States (US) and China.
The euro ticked slightly higher on Friday but remains weak overall, with resistance near 1.17 and a potential drop to 1.14 if support at 1.1550 breaks.
Silver is stabilizing after a major drop, trading between $47 and $50, with a breakout above $50 seen as bullish—but a fall below $46.50 could renew selling pressure.
Gold prices are stabilizing between $4,000 and $4,200 following a sharp sell-off, with traders watching for a potential breakout or further downside toward $3,800.
Crude oil prices are rising but face strong resistance at $62, with analysts eyeing signs of exhaustion for potential downside amid skepticism over sanctions impact.
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