USD/RUB saw a gap up open today and has extended gains to hit fresh multi-month highs at 78.9450.
- Russian rouble is giving away further ground after crude oil prices have accelerated their downside today.
- Oil hits lowest since 2003, after removal of sanctions on Iran over the weekend heightened fears of a glut in the markets.
- The sanctions had slashed Iran's export by 2 million barrels per day (bpd), reducing output to around 1 million bpd.
- With sanctions removed Iran's oil exports will climb again to its pre-sanction highs choking a market already hit by glut concerns.
Recommendation: Good to buy dips around 78.20, SL: 77.40, TP: 79.50
Resistance Levels:
R1: 78.9450 (Session highs)
R2: 79.5151 (Dec 16 2014 highs)
Support Levels:
S1: 77.4644 (Session lows)
S2: 76.8571 (5-DMA)
S3: 76.1156 (Jan 15 lows)


Gold Pares Gains Amidst Dollar Strength; Technicals Signal Sell-on-Rally Opportunity
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD downside pressure builds, key support level in focus
FxWirePro: USD/JPY firms as bearish yen sentiment persists
FxWirePro: GBP/AUD firms slightly, but downward resumption looks likely
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro- Woodies Pivot (Major)
FxWirePro: AUD/USD softens as Australian unemployment rate nears 5-year high
FxWirePro- Major Pair levels and bias summary
Bitcoin Surges Past $85,000 Amidst Rising Risk Appetite
FxWirePro: GBP/USD slips as dollar extends gains after US PMI data
EURUSD Weakens as Dollar Strength Dominates; Technicals Suggest Sell-on-Rally Opportunity
FxWirePro-24-Hour Crypto Category-Based Performance Dashboard
FxWirePro: GBP/USD eases ahead of U.S.-Iran talks and Trump-Burnham meeting 



