AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106 
FxWirePro: EUR/CAD extends fall, vulnerable to more downside 
FxWirePro: EUR/NZD set for bigger drop, but close below key fibo needed 
NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists 
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook 
FxWirePro: USD/CAD dips below lower range, bearish bias increases 
FxWirePro: USD/CAD outlook weaker on renewed downside pressure 
FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes 
FxWirePro: USD/ZAR down trend loses steam, remains on bearish path 
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar 
CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target 
FxWirePro: AUD/USD gaining momentum for a move towards 0.6800 level 
USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead 
USOIL chart - Trading View
US Oil was trading 0.36% higher on the day at 58.60 at around 10:15 GMT, up for the 9th straight session.
The pair is on a bullish streak for the 4th straight month and has gained over 12% for the month till date.
Fundamental picture remains bullish and WTI prices largely ignored a bullish API inventory report overnight.
This week’s API report showed crude oil inventories posted a surprise 3.5M barrel draw versus expectations for a 1M build. Traders now await the US Energy Information Administration (EIA) due later in the day.
OPEC+ members' commitment to honor production cuts and optimism regarding the global economy continue to buoy oil markets.
Prices have approached stiff resistance at 110 month EMA at 58.65. Decisive break above will ignite further gains. Scope for test of 200 month MA at 69.52.
Resistances align at 60 (psychological mark) and 65.62 (2020 high). 200W MA at 53.24 is major support. Bullish invalidation only on retrace below.
