FxWirePro: USD/CAD dips below lower range, bearish bias increases 
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106 
USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: EUR/NZD set for bigger drop, but close below key fibo needed 
FxWirePro- Woodies Pivot(Major) 
Ethereum Stuck in Neutral: Range-Bound at $2.9K with Bearish EMAs – But Dip-Buyers Eye $2958 for $3600+ Breakout 
AUD/JPY Buoyed by Holiday Calm: Buy the Dips Above 103.80 for a Run Toward 106 
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook 
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas 
FxWirePro: EUR/CAD extends fall, vulnerable to more downside 
FxWirePro: EUR/AUD attracts selling interest, vulnerable to more downside 
FxWirePro- Major Pair levels and bias summary 
- US Oil has fallen almost 1% yesterday after hitting high of $50.20. The commodity declined till $47.99 at the time of writing. It is currently trading around $48.43.
- The decline in the crude oil prices was mainly due to increase in the supply. OPEC confirmed reports that crude oil production increased up by 172,600 bpd last month to 32.869 million barrels. The countries like Libya, Nigeria and Saudi Arabia are main drivers behind OPEC production rise.
- The downside in the US oil is capped by trend line support and any break below $47.84 confirms bearish continuation and decline till $46.98 (200- 4H MA)/$46.
- On the higher side, near term resistance is around $48.56 (100- 4H MA) and any break above will take the oil till $48.96 (55- 4H EMA)/$50. It should break above $50.40 for further direction.
It is good to buy on dips around $48.25-$48.30 with SL around $47.75 for the TP of $49/$50.20.
