FxWirePro- Woodies Pivot(Major) 
FxWirePro: USD/CAD extends decline on broad dollar weakness 
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish 
FxWirePro: USD/JPY holding bid into weekend 
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path 
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains 
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level 
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom 
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally 
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone 
FxWirePro: EUR/AUD under pressure as key support gives way 
FxWirePro: GBP/AUD gains some upside momentum but still bearish 
FxWirePro- Major Pair levels and bias summary 
USOIL chart - Trading View
USOIL was trading 0.37% higher on the day at 41.59 at around 05:00 GMT, focus on API inventories data.
Oil prices were extending marginal gains on the day as US-Iran war fears fade. Both Brent and WTI contracts remain at the upper end of their multi-month ranges.
Downside cannot be ruled out, especially if OPEC+, based on the recent rally, continue releasing supply in the new year.
That said, vaccine announcements by Pfizer and Moderna has probably put a longer-term floor on oil prices.
Technical indicators support further gains. Price action is above cloud and major moving averages and momentum studies are bullish.
Scope for test of major trendline resistance at 42.85. Decisive break above will fuel further gains. Breach below cloud will negate any bullishness.
