During the session on Monday, there isn’t much as far as headline announcements coming out that should move this market, and that being the case it’s likely that we will continue to move upon technicals.
EUR/USD
The EUR/USD pair rallied during the session on Friday, showing that the 1.0850 level is continuing to offer support. Now that we have broken above the 1.09 level, it’s likely that buyers will be attracted to this market going forward.
WTI Crude Oil
The WTI Crude Oil market had a quiet session on Friday, as the $48 level looks to be somewhat resistive. Because of this, sellers will be attracted to this market if we can break down below the $47.50 level.
FTSE 100
The FTSE 100 initially fell on Friday but found enough support near the 7350 handle to turn around and form a hammer. A break above the top of the daily candle should send this market looking for the 7400 level and will be attractive to buyers. The 7320-level underneath should continue to offer support based upon historical charts.