Daily Market Analysis

The price faced resistance at 1.1249, so there's a consolidation. Also, we've got a "Double Top" pattern.

Recommendations: BUY 1,3435 SL 1,3380 TP 1,365, BUY 1,3375 TP 1,3320 TP 1,3525…

On the AUD/USD daily chart, bulls managed to push the quotes beyond the downward trading channel and tested the resistance at 0…

The British pound slumped after authorities said a blast at an Ariana Grande concert in Manchester could be a terror-related…

NZD/USD rising inside primary impulse wave ③ Next buy target - 0…

CAD/CHF reversed from support zone Next buy target - 0…

There's a consolidation, which is taking place on the four-hours chart. The 34 Moving Average is acting as resistance.

We've got a "Morning Star", which has been confirmed, so the price is moving up.

The price reached 8/8 MM Level, so wave (c) of [y] may have been ended, which means there's an opportunity to have bearish wave (i).

WTI and Brent futures climbed to their highest monthly levels as Saudi Arabia and non-OPEC member Russia rally support for a nine-month extension to the production cut deal signed by the majority of petroleum exporting nations…

We've got an upward consolidation, which is developing between the 34 Moving Average and resistance at 1.3023.

Bulls faced resistance at 1.1204. However, the price is likely going to move on towards the next resistance at 1.1232 - 1.1249.