Major Crypto Action Bias: ETHUSD Turns Bullish – Only Bullish Pair to Watch 
FxWirePro: GBP/AUD dips amid heightened Geopolitical concerns 
FxWirePro: GBP/NZD gains some upside momentum but still bearish 
FxWirePro- Woodies pivot (Major) 
JPY Action Bias: USDJPY, AUDJPY & EURJPY Turn Extremely Bullish – Top Pairs to Watch 
Major Pair Action Bias: USDCHF Turns Bullish as EURUSD Stays Bearish – Key Pairs to Watch 
FxWirePro: USD/CNY attracts selling interest, vulnerable to more downside 
FxWirePro: USD/CNY gains some upside momentum but bias still bearish 
FxWirePro:USD/JPY hovers near 40-year peak,intervention fears linger 
FxWirePro- Major Pair levels and bias summary 
NZDJPY Dips Create Fresh Buy Opportunity as Key Support Holds 
FxWirePro: GBP/AUD downtrend loses steam but outlook still bearish 
FxWirePro:NZD/USD edges higher as kiwi firms on hawkish RBNZ outlook 
GBPJPY Weakens on Soft UK CPI: Sell Below 217.80 Targeting 216.40 
FxWirePro: USD/CAD retreats slightly but trend is still bullish 
FxWirePro:USD/JPY holds above 163 as intervention fears keep traders on edge 
FxWirePro- Woodies pivot (Major) 
Crude oil - Commodity of the week
Crude oil trading weak for fifth consecutive day on easing supply tension. It hits a low of $72.57 at the time of writing and is currently trading around $73.91.
US Secretary of State Antony Blinken said that Israel has accepted for Gaza ceasefire deal. The return of oil production of about 300kb/d from Libya Waha oil field after pipeline maintenance also put pressure on oil prices.
Major factors supporting higher Crude oil price
US dollar index - Bearish
US treasury yield- weak (positive for commodity market). Market anticipates rate cut by Sep.
Major resistance- $74.Any breach above will take the commodity to the next level $75/$75.65/$76.80/$78/$80. Major trend reversal only above $84.50.
The near-term support is around $72, and any violation below targets $71.50/$70.
It is good to sell on rallies around $74.25-30 with SL around $75.65 for TP of $71.70.
