EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup 
FxWirePro: AUD/USD dips below lower range, bearish bias increases 
FxWirePro:EUR/NZD gains some upside momentum but still bearish 
FxWirePro: GBP/AUD drifts lower after BOE rate decision 
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FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support 
Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed 
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies 
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds 
FxWirePro: GBP/USD rises as soft US data pressures dollar 
FxWirePro- Major Pair levels and bias summary 
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist 
FxWirePro: USD/ CNY hits one-month low,scope for futher downside 
FxWirePro- Major Pair levels and bias summary 
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Ichimoku Analysis (8 Hour)
Tenken-Sen- $43.05
Kijun-Sen- $42.60
WTI crude oil continues to trade higher for 2nd consecutive days. The commodity is trading in a narrow range between $41.55 and $43.75 for the past one week. According to the US Department of the interior, crude oil and natural gas production (82% and 59%) got curbed due to hurricane. The upbeat market mood due to COVID -19 vaccines is supporting oil prices at lower levels.
Technically, the commodity is facing primary resistance at $43.80, and any convincing break above targets $44.95/$48. Significant buying only above $50.
The pair is facing strong support at 55- 8H EMA at $42.40, a significant break below targets $41. Any indicative violation below will drag the commodity to $40/$38.71.
It is good to buy on dips around $43.15-20 with SL around $42.35 for the TP of $44.80.
