Daily Market Analysis

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...