US stocks were mixed after the close on Monday, as gains in the Utilities, Oil & Gas, and Industrials sectors led shares higher, while losses in the Healthcare, Basic Materials, and Financials sectors led shares lower. The Dow Jones fell by 0.05%, the S&P 500 rose by 0.17%, and the NASDAQ added 0.29% to its value. The US dollar traded higher against a basket of major currencies on Monday, helped by a pullback in the euro.Gold fell on Monday, closing at $1,318 an ounce. Crude Oil rose on Monday, trading near the highest since May 2015, as political concerns in some OPEC nations offset projections for higher US oil production.
The euro fell versus the dollar, closing at 1.1970. On the 8-hour chart, the EUR/USD pair has broken below the 20-day Moving Average with the RSI indicator below 50. Maintaining below this level may lead the pair towards 1.1870, while breaching above the SMA line could cause a retracement towards 1.2070. The pound fell versus the dollar on Monday, closing at 1.3577. On the daily chart, the GBP/USD pair is trading above a bullish trendline. Maintaining this condition with the momentum indicator above 0 should continue the positive trend rising towards 1.37. However, breaking below the line can take the pair back towards 1.3340.
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