FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook 
FxWirePro: USD/CNY hits 15-month low , scope for further downside 
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas 
FxWirePro: USD/CAD outlook weaker on renewed downside pressure 
CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target 
NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists 
FxWirePro: EUR/CAD extends fall, vulnerable to more downside 
FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: AUD/USD gaining momentum for a move towards 0.6800 level 
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106 
FxWirePro: EUR/CAD slips as firm oil price lift loonie despite soft GDP data 
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar 
Crude oil-
WTI crude oil pared some of its gains on global economic growth concerns. It hit a low of $80.52 at the time of writing and is currently trading at $80.86.
New 47 wildfires across Alberta will affect 400000 barrels a day of Canadian oil production (positive for crude).
According to the Energy Information Administration (EIA), crude oil inventories declined by -4.9 million barrels vs. an Estimate of -0.90 M bbls.
Major factors for crude oil price movement-
US dollar index (Bearish)- Positive for Crude.
Major resistance - 104.25/105.
Major support- 103.60/103.
Ichimoku analysis (4- hour chart)
Tenken-Sen- $81.34
Kijun-Sen- $81.54
The immediate resistance is around $81.30. Any jump above the target of $81.75/$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 $81.45-50 with SL around $82.65 for a TP of $78.
