JPY Major Currency Score 
FxWirePro: EUR/AUD downtrend loses momentum, bearish bias prevails 
FxWirePro: GBP/AUD edges higher but maintains bearish bias 
FxWirePro: NZD/USD edges lower, remains on back foot 
FxWirePro: GBP/NZD uptrend loses steam, remains on bullish path 
Major Currency Scores: USD/CAD Signals Extremely Bullish Momentum at +90 
FxWirePro: USD/CAD neutral in the near term, scope for further upside 
FxWirePro: USD/ZAR edges higher as rand weakens ahead of South Africa inflation data 
FxWirePro: EUR/AUD downside pressure builds, key support level in focus 
FxWirePro: GBP/AUD falls after BoE rate hold 
FxWirePro: USD/CAD loses upside momentum but outlook is bullish 
FxWirePro: GBP/USD gains some traction after UK retail sales beat expectation 
NZDJPY Surges Past 90 Amidst BOJ Rate Hike Uncertainty 
AUDJPY Soars Past 112 on BOJ Rate Hike, Technicals Signal Bullish Momentum 
EURJPY Recovers Over 150 Pips Post-BOJ Hike, Bullish Trend Strengthens 
FxWirePro- Major Crypto levels and bias summary 
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Crude oil lost its shine on easing Middle East tension. It hit a low of $72.67 yesterday and is currently trading around $73.09.
EIA cuts demand forecast in 2024 due to weak growth in US and China.
According to the American Petroleum Institute (API), US crude inventories rose sharply by 10.9 million barrels for the week ending Oct 4th, compared to a forecast of 1.95 million barrels.
US dollar index - Bullish
US treasury yield- bullish (negative for commodity market).
Major resistance- $74. Any breach above will take the commodity to next level $74.89/$75.50/$75.97. Major trend reversal only above $80.
The near-term support is around $72.45, any violation below targets $71.80/$70.90/$70.
Indicators (4- hour chart)
ADX- neutral
CCI (50) - Bullish
It is good to sell on rallies around $75 with SL around $76.20 for TP of $70.90.
