FxWirePro- Woodies pivot (Major) 
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades 
FxWirePro: GBP/AUD under pressure as pound continues to weaken 
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption 
Crypto Bias Report: Trend Signals and Top Bullish Picks 
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
FxWirePro- Major Crypto levels and bias summary 
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish 
FxWirePro: USD/CAD edges lower but bullish outlook persists 
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus 
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish 
FxWirePro:USD/JPY hovers near a four-decade low 
FxWirePro: GBP/AUD bears maintain upper hand 
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97 
FxWirePro: GBP/NZD gains some ground but outlook is bearish 
Crude oil-
WTI crude oil gained above $80 after strong crude inventory data. It hit a high of $80.48 yesterday and is currently trading around $80.31.
According to API, US crude inventories declined by 5.5 million barrels for the week ended Mar 8th, 2024, compared to a forecast of an increase of 400000 barrels.
The global oil demand will rise to 110000 bpd in 2024, according to the International Energy Agency.
Major factors for crude oil price movement-
US dollar index (Bearish)- Positive for Crude. Major resistance - 104.20/105. Major support- 103.40/102.80.
Geopolitical tension- Escalation of Middle East tension (Positive for crude)
Ichimoku analysis (4- hour chart)
Tenken-Sen- $79.01
Kijun-Sen- $78.62
The immediate resistance is around $81. Any jump above $80 targets $83.50/$85. On the lower side, near-term support is around $77.70. Any breach below will drag the commodity down to $76/$75.51.
It is good to buy on dips around $78 with SL around $76 for a TP of $83.
