Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup 
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit 
FxWirePro: USD/CAD bulls continue to hold the higher ground 
FxWirePro: USD/JPY edges higher but bulls lack punch 
FxWirePro: GBP/NZD extends decline , vulnerable to more downside 
FxWirePro- Major Crypto levels and bias summary 
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro: USD/ZAR sell bias remains below key resistance zone 
FxWirePro: GBP/USD recovers some ground but bears are not done yet 
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases 
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets 
FxWirePro: EUR/AUD downward momentum remains in place 
FxWirePro- Woodies pivot (Major) 
WTI crude oil showed a minor sell-off on strong US dollar. It hit a low of $77.85 yesterday and is currently trading at $78.35.
According to Energy Information Agency (EIA), US crude inventories increased by 3.7 million bbl for the week ending June 7th mainly due to strong imports , compared to a forecast of -1.2M bbls .
US CPI - weak (bullish for crude)
US Fed- Hawkish (Bearish for crude)
Major factors for crude oil price movement-
US dollar index (Bullish)- Negative for Crude.
Major resistance - 105.50/107.
Major support- 104/103.
Geopolitical tension- Escalalation of tension between Israel and Gaza ( positive for crude).
Ichimoku analysis (4- hour chart)
Tenken-Sen- $78.46
Kijun-Sen- $77.22
The immediate resistance is around $79.30. Any jump above the target of $79.67/$80/$80.55. On the lower side, near-term support is around $78.15. Any breach below will drag the commodity down to $77.50/$76.87/$76/$75.
It is good to sell on rallies around $78.75-80 with SL around $80 for a TP of $75.
