Daily Market Analysis

EUR/GBP rising inside impulse waves 3 and (3) Next buy target - 0…

The Lonnie has strengthened against the USD on Monday as oil prices spiked to their highest level since late April after the large oil producers – Russia and Saudi Arabia – agreed to extend the supply cut deal for another nine months…

There's a double zigzag in wave 2. It seems like a bullish impulse in wave (c) of [y] is going to end in the coming hours.

The 21 Moving Average is acting as support, so the price is likely going to test the nearest resistance.

We've got a bullish "Three Methods" pattern, so the price is likely going to test the upper "Window".

The US dollar was lower against most of its major peers since the very start of the week, pressured by a round of disappointing economic data and by gains made by commodity-sensitive currencies as crude oil futures spiked to its highest level since late…

Recommendation: BUY 111,95 SL 111,4 TP 114…

Recommendation: BUY 1,0085 SL 1,003 TP 1,02…

The pair is moving up and down between resistance at 1.2945 and support at 1.2883.

The market is likely going to continue moving up towards the next resistance at 1.1025 - 1.1039 in the short term.

The euro extended its gains to 1…

USD/CHF reached buy target 1…