Oil prices will likely remain elevated as there are no signs that the Middle East tensions will ease anytime soon.
EUR/USD: wave [iii] started
It seems like wave [iii] has been started, so we could have another bullish impulse in the short term. The main intraday target is 6/8 MM Level.
The price couldn't fixate above 4/8 MM Level, so wave (i) has been ended. If a pullback from 2/8 MM Level happens little later on, there'll be time for wave (iii) of [iii].
GBP/USD is having a third bullish week in a row.
AUD/USD made another attempt to close below the 50-day MA at 0.6845 and this time it was successful.
EUR/AUD formed a "hammer" candlestick on the W1, above the 50-week MA in the 1.6010 area.