FxWirePro: GBP/AUD outlook weaker on renewed downside pressure 
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FxWirePro: USD/ZAR outlook weaker on renewed downside pressure 
FxWirePro: EUR/AUD dips below lower range, bearish bias increases 
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook 
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook 
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NZD/JPY Drifts Sideways: Mixed Signals Say “Stand Aside for Now” 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro: USD/CAD dips below lower range, bearish bias increases 
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FxWirePro: USD/JPY bears maintain upper hand 
- US Oil declined sharply after hitting high of $49.39 on concerns that Hurricane Irma could dent demand in the world’s top oil consuming nations.
- Hurricane Irma knocked out power to nearly four million Florida homes and business on Sunday after millions were told to evacuate ahead of storm. This hurricane will negative impact on oil demand.
- Technically upside capped by 200 –day MA and any convincing break above will take the oil to next level till $50.40/$51.97. The minor resistance is around $48.09 (38.2% retracement of $49.39 and $47.25)/$48.60.
- The near term support is around $47 and any break below will drag the oil down till $47 (61.8% retracement of $45.50 and $49.39)/$46/$45.50. Bearish continuation can be seen only below $45.50.
It is good to sell on rallies around $47.65-$47.70 with SL around $48.09 for the TP of $46/$45.50.
