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EUR/GBP currency pair analysis


The descendant wave structures are truncated. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions.

Trading idea:

Buy when the ascendant wave structure forms, where the wave (A) breaches through the inclined channel of the descendant truncated structure.

Stop-loss is under the local minimum of the descendant structure. …

Dollar edges up ahead of U.S. inflation data


Commodities market

Oil edged up today, but the inflation data put a lid on crude growth, as it can weaken the market. Brent crude futures were up 0.5%, and WTI crude gained 0.5% too.

Key tickers:

Brent: 100.51 — neutral.

WTI: 96.83 — neutral.

NG: 6.321 — strong buy.

Foreign …

Gold analysis


Gold settled in the movement below the level of 1746.80 and then resumed the lower movement and the target will be the level of 1700.00 in the medium term.

We continue to suggest the downside path as long as the price is stable in the movement below 1750.00 and the …

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