FxWirePro: USD/CAD dips below lower range, bearish bias increases 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/CAD outlook weaker on renewed downside pressure 
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar 
FxWirePro: EUR/CAD extends fall, vulnerable to more downside 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
FxWirePro: USD/CNY hits 15-month low , scope for further downside 
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure 
FxWirePro: EUR/AUD slips following RBA minutes , plunge to test a key fibo grows 
CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: EUR/NZD set for bigger drop, but close below key fibo needed 
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas 
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106 
- Crude oil hits three week low on Friday at $46.72 on concerns of increasing shale gas production. The increase in shale gas production will derail the efforts made by other major producers to rebalance the supply. The oil prices shown a minor jump after Saudi Arabia the world’s biggest oil exporter, Egypt and Bahrain cut ties with Qatar.
- WTI Crude has shown a minor jump till $48.39 and started to decline from that level. Intraday trend is weak as long as trend line resistance $48.45 (trend line joining $50.26 and $49.14). Any break above will take the crude oil price till $49.30 (200- H MA)/$50.26 (May 29th 2017 high).
- On the lower side, near term major support is around $46.60 (61.8% retracement of $43.72 and $51.89) and any break below will drag the commodity down till $45/$43.70.
It is good to sell on rallies around $47.55-$47.60 with SL around $48.55 for the TP of $46.60/$45.
