FxWirePro- Woodies pivot (Major) 
JPY Strength Alert: USDJPY, AUDJPY, EURJPY and CADJPY Turn Extremely Bullish 
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path 
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise 
FxWirePro- Woodies pivot (Major) 
FxWirePro: GBP/NZD gains some ground but outlook is bearish 
FxWirePro: GBP/AUD bears maintain upper hand 
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption 
FxWirePro: USD/CAD edges lower but bullish outlook persists 
FxWirePro: USD/ZAR retreats slightly but bias is bullish 
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks 
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
Crude oil showed a gap-down opening on China’s demand concerns. It hit a low of $74.62 at the time of writing and is currently trading around $74.66.
Recent economic data shows China’s growth is losing momentum. New home prices declined sharply, unemployment inched higher showing that the Chinese economy is in stagnation.
Markets eye Gaza ceasefire talks and Middle East geo-political situation for further direction.
Major factors supporting higher Crude oil price
US dollar index - Bearish
US treasury yield- weak (positive for commodity market). Market anticipates rate cut by Sep.
Major resistance- $75.Any breach above will take the commodity to the next level $75.65/$76.80/$78/$80. Major trend reversal only above $84.50.
The near-term support is around $74, any violation below targets $73/$71.70..
It is good to sell on rallies around $77 with SL around $79 for TP of $71.70.
