New week brings us the weakness of the American dollar, which can be seen on almost all pairs and in addition to that it helps various commodities to climb higher.
EUR/USD had already a great Friday but the optimism did not stop there but continues this week too. The price failed to close the French elections gap and bounced of the first horizontal support. Now we are having three strong bullish daily candles, which in the mid and long-term promote buyers.
EUR/UD is also looking great. Here, we do have an iH$S formation and a flag. Both are giving the buy signal as the upper line of the flag and the neckline were already broken.
Silver can have the fifth bullish day in a row. We also managed to come back above the up trendline. That is optimistic but there is no buy signal yet. The daily candle has to close above the 16.85 to trigger that and unfortunately the first try was unsuccessful.