Candlestick Pattern- Evening star
Major resistance- $58
US oil has declined sharply after showing a good jump till $57.85. The previous high was around $57.79 made on Feb 22nd 2019 and on Friday oil jumped slightly above $57.79 started to show huge sell-off. It hits low of $55.60 and is currently trading around $56.04.
On the lower side, near term major support is around $55 and any violation below will drag the commodity till$54.41/$53.77 (61.8% fib)/$53.13.
The near term resistance is around $56.43 and any break above targets $57/$57.85. Any break above $58 confirms major trend reversal.
It is good to sell on rallies around $56.45-50 with SL around $57.05 for the TP of $55/$54.41.


FxWirePro: EUR/ NZD steadies around 2.0150, retains bid tone
Ethereum Retreats Toward USD 2,000: Technicals Signal Caution as ETH Mimics Bitcoin’s Pullback
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
Euro Bulls Charge Past 1.1600: Broad Dollar Sell-Off Ignites Powerful EURUSD Rally
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/USD recovers but bears are not done yet again
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
FxWirePro: USD/CNY gains some ground but bearish outlook persists
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD range to extend until there is game changing news
Ethereum Rises on Geopolitical De-escalation: Pezeshkian’s Peace Signal Ignites Bullish Momentum
EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies 



