CAD/JPY Dips on Soft Canadian CPI: Buy the Dip to 115? 
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias 
FxWirePro: NZD/USD downside pressure builds, key support level in focus 
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data 
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level 
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major European Indices 
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations 
EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900 
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data 
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects 
UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206 
FxWirePro: EUR/NZD edges lower but bullish outlook persists 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
- Pattern Formed -M- shaped pattern
- Major support $48.60
- US oil has jumped till $50.08 yesterday but not able break above $50.18 high made on May 26th 2016.
- The recent rally in WTI crude was fuelled by militants attacks on pipelines and oil infrastructure in the southern Niger delta have crippled the production in Nigeria.
- Exports have expected to dropped to 990000 barrels per day from 2.2 million barrels per day .
- Crude oil prices is expected to show a technical correction in coming days as OPEC meeting and Fed rate hike looms.
- Technically any break below $48.60 will drag the US oil till $46.60/$45 in short term.
- On the higher side it should break above $50.18 for further bullishness. Any indicative break above targets $50.90/$51.50.
It is good to sell below $48.60 with SL around $50.10 for the TP of $46.55/$45
