FxWirePro: GBP/AUD gains some upside momentum but still bearish 
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level 
FxWirePro: USD/JPY holding bid into weekend 
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish 
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains 
FxWirePro: GBP/USD biased higher but rally currently stretched 
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off 
FxWirePro: AUD/USD retreats slightly but trend is still bullish 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/ZAR edges lower ,investors remain on edge 
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: USD/CAD extends decline on broad dollar weakness 
FxWirePro- Major European Indices 
FxWirePro- Major Crypto levels and bias summary 
- US oil retreated from Friday highs at 74.43 and is currently trading at 73.24 levels.
- The pair opened this week's trade with a bearish gap, hit session lows at 72.61.
- Oil prices dropped on Trump's declaration of agreement from Saudi Arabia that production needs to increase.
- Trump's declaration was premature, markets still await clarification on whether or not Saudi Arabia could decide to abandon OPEC limits.
- Meanwhile, oil has retraced from lows and is currently trading above 73 handle.
- Technical indicators on daily charts support upside. Price has broken out of daily cloud.
- However, caution advised as Stochs have entered overbought zone and RSI has shown retrace from near overbought levels.
- We see major resistance at 73.85 (strong trendline). Any further upside only on break above.
- Immediate support lies at 5-DMA at 72.71. Decisive break below could see some weakness.
Support levels - 72.71 (5-DMA), 71.78 (1H 110-EMA)
Resistance levels - 73.85 (trendline), 74
