- Major support - $45.40 (7 day EMA)
- US Oil has broken major resistance $47 and jumped till $47.16. It is currently trading around $47.14.
- Short term trend is bullish as long as support $45.40 holds.
- Any break below $45.40 will drag the commodity down till $45 (daily Tenken-Sen)/ $44.05 (21 day MA).
- On the higher side break above $47 will take the US oil till $47.87/$49.20.
- Overall bullish invalidation only below $43.
It is good to buy at dips around $47 with SL around $45.40 for the TP of 49.35/$50.


NZDJPY Technical Outlook: Bearish Momentum Gains Traction as Kiwi Weakens
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD drifts lower , could be on verge of bigger drop
Ethereum Retreats in Bitcoin’s Shadow: ETH/USD Tests Critical Support at USD 2,075
AUDJPY Under Pressure: Bearish Technicals Signal Further Downside for the Aussie
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major European Indices
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD hovers near two-month low, outlook bearish
FxWirePro: NZD/USD recovers slightly but downtrend likely to resume
FxWirePro: USD/JPY uptrend loses steam, remains on bullish path
FxWirePro: USD/CNY hits 3-week high as safe-haven demand lifts dollar
FxWirePro: USD/JPY edges higher but bulls lack punch
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD sustains gains as uptrend remains strong
FxWirePro- Major European Indices 



