Dollar slips against euro as European political jitters subside

EUR/USD daily chart

The dollar slipped against the euro, as the common currency recovered from the more than one-month lows hit last week amid political turmoil in Europe.

The Euro got a slight bump of 0.2% against the Dollar in the last session. The CCI’s is giving a positive signal.

The Euro-Dollar pair gained a moderate 0.2% in the last session.
The CCI is giving a positive signal.
Support: 1.0694 | Resistance: 1.0716

The Oil-Dollar pair skyrocketed 2.6%

Oil prices rose by more than a dollar a barrel to start the week, adding to last week’s gains as investors turned more optimistic on demand growth in the months ahead.

WTI/USD exploded 2.6% in the last session.
The MACD is giving a positive signal.
Support: 78.1067 | Resistance: 78.6267

Gold notched first weekly gain in 4 weeks

Gold prices rose over 1% and notched their first weekly gain in four, as signs of slowing inflation in the U.S. raised hopes of a rate cut later this year and a stock selloff across Europe also lent support.

The Gold-Dollar pair exploded 1.3% in the last session. The ROC is giving a positive signal.
Support: 2277.6233 | Resistance: 2339.6533