FxWirePro: USD/CNY downside pressure builds, key support level In focus 
EUR/JPY Surges on Yen Weakness: Bullish Momentum Eyes 186-187 Targets 
FxWirePro: GBP/AUD moves lower on weak UK data 
FxWirePro: USD/ZAR edges higher but bearish outlook persists 
FxWirePro: AUD/USD edges higher ahead of RBA meeting minutes 
Yen Capitulation Sends GBPJPY to 17-Year Peak – 212.60 Next? 
FxWirePro- Major European Indices 
FxWirePro- Woodies Pivot(Major) 
FxWirePro- Major US Indices 
FxWirePro- Major Pair levels and bias summary 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major European Indices 
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
WTI crude oil showed a minor pullback from a minor bottom of $84.02. It hit a high of $86.10 yesterday and is currently trading at $84.98.
Iran attacked Israel using 300 drones and missiles in retaliation. Previously, on Apr 1st, 2024, Israel bombed Iran’s consulate in Damascus. Markets await Israel's response to Iran's attack. Israel Army spokesperson Daniel Hagari said Israel would respond "at the time we choose".
Major factors for crude oil price movement-
US dollar index (Bullish)- negative for Crude. Major resistance - 105.20/106. Major support- 103.80/103.
Geopolitical tension- Escalation of tension between Israel and Iran (Positive for crude)
Ichimoku analysis (4- hour chart)
Tenken-Sen- $85.08
Kijun-Sen- $85.81
The immediate resistance is around $86.60. Any jump above targets $87.20/$88.25/$90. On the lower side, near-term support is around $85.60. Any breach below will drag the commodity down to $85/$84.50/$84/$83.20.
It is good to buy on dips around $85 with SL around $84 for a TP of $87.20.
