Daily Market Analysis

The pair is starting to recover from losses registered almost all June and it’s looking now to retrace at least 50% of the mentioned decline…

EUR/CHF rising inside minor impulse wave 5 Next buy target - 1…

AUD/NZD rising inside primary impulse wave ③ Next buy target - 1…

As we can see on the one-hour chart, the price is rising in wave (v) of [v] since a pullback from 1/8 MM Level happened.

Oil prices extended gains for a six-straight day after falling near 20% since mid-May when OPEC and non-OPEC producers extended their output reduction deal until March 2018, but with lesser than expected cuts…

There isn't any bearish pattern so far, cause all the last candles are bullish. Therefore, the market is likely going to...

There's a possible "Engulfing" at the last high. If this pattern confirms, bears are likely going to deliver a local downward correction.

Bulls faced resistance at 1.2976, so the price is consolidating. Nevertheless, the pair is likely going to...

The main trend is bullish. The price is consolidating under resistance at 1.1425. Meanwhile, bulls are likely going to...

On the USD/CHF daily chart, the Bears managed to withdraw quotes from short-term upward and long-term downward trading channels…

On the EUR/USD daily chart, a break of the resistance at 1…

Narrowing bearish Ichimoku Cloud and rising Senkou Span A and B; a new golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the prices fixed above the daily Cloud, but there is a strong resistance on 112.30.