FxWirePro:EUR/AUD eases but bullish outlook persists 
EUR/JPY Surges on Yen Weakness: Bullish Momentum Eyes 186-187 Targets 
FxWirePro: GBP/USD advances on steady UK GDP growth 
FxWirePro- Major Pair levels and bias summary 
NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/AUD moves lower on weak UK data 
FxWirePro: GBP/AUD loses momentum but bullish setup remains 
FxWirePro: GBP/USD dips lower on negative UK retail sales data 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: USD/CNY downside pressure builds, key support level In focus 
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path 
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WTI crude oil trades are weak due to global growth concerns. It hit a low of $80.18 yesterday and is currently trading at $80.72.
US crude inventories fell by 4.4 million barrels last week, compared to a forecast of 33000 barrels.
The escalation of Middle East tension and rate cut hopes support oil prices at lower levels.
Major factors for crude oil price movement-
US dollar index (Bearish)- Positive for Crude.
Major resistance - 105/106.20.
Major support- 104/103.
Ichimoku analysis (4- hour chart)
Tenken-Sen- $81.03
Kijun-Sen- $81.95
The immediate resistance is around $81.25. Any jump above the target of $82/$82.65/$83. On the lower side, near-term support is around $80. Any breach below will drag the commodity down to $79/$78.
It is good to sell on rallies around $81 with SL around $82 for a TP of $78.
