Major stock indices from the Old Continent ended Monday's session mixed, with the DAX adding less than 0.5%, while the CAC40 depreciated 0.26% and the FTSE100 lost 0.62%.
It seems that today's rebound in Europe should be treated as a correction in the downtrend, for now there have been no signals to suggest a change in the trend
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The foreign exchange market did not see much volatility today, the main currency pairs oscillate in a narrow consolidation, the loser of the session turned out to be the NZD, which in the evening hours lost more than 0.6% to the USD, movements on the other major pairs do not exceed 0.3%.
EURUSD exchange rate remains close to the parity level
Gold and silver started the week with discounts, with declines on silver reaching 1%, while gold is trading 0.15% lower
Oil also came under selling pressure today, at one point the price of black gold was down almost 4%, nevertheless the entire downward movement was erased and currently Brent and WTI are adding about 0.2%.
The mood in the crypto market reflects the same sentiment as in the regular markets. The largest projects, Bitcoin and Ethereum are trading below the dash. Recall that BTC is trading below $19,000, putting pressure on the demand side. The mood is slightly better among Altcoin.
The gaming industry started the new week with a bump, all thanks to leaked footage of the production 6th installment of the popular Grand Theft Auto game. Shares of Take-Two Interactive Software (TTWO.US), which owns the Rockstar Games studio, were trading down more than 6% today on concerns about the future of the project. However, sentiment improved in the afternoon hours on the back of assurances from the developers that work on the game had not been disrupted.
Despite the dynamic discount on OIL.WTI, there was a dynamic rebound in the second half of the day, resulting in a pro-rising candlestick formation on the H4 interval. If the upward movement is sustained, the nearest resistance should be the line drawn after the recent tops, followed by the zone at $89.30. Source: xStation5
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