Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red 
Ethereum Cracks Below $2,000 as Bitcoin Contagion Bites—Bearish EMA Stack Sets Sights on $1,700 
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit 
FxWirePro: USD/CNY bears maintain upper hand 
NZD/JPY Triple-Top Rejection Sparks Pullback—Bulls Circle 93.50 Dip to Reload for 95 Assault 
FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar 
FxWirePro: USD/JPY edges higher but bulls lack punch 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro- Woodies pivot (Major) 
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95 
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal 
Aussie-Yen Retreats to 113.50 on Broad AUD Weakness—Bulls Circle 113.30 Dip for 115 Charge 
FxWirePro: USD/JPY edges higher as geopolitical risks support dollar demand 
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike 
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases 
WTI crude oil recovered more than $1.5 on geopolitical tensions escalation. It hit a low of $84.81 yesterday and is currently trading at $85.93.
The fear of attack on Israel by Iran supports crude oil prices at lower levels. The International Energy Association lowered the 2024 oil demand by 130000 bpd to 1.2 million barrels per day.
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- cease-fire talks progress between Israel and Hamas. (Negative for crude)
Ichimoku analysis (4- hour chart)
Tenken-Sen- $85.71
Kijun-Sen- $85.79
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.
