FxWirePro: USD/ZAR edges higher but bearish outlook persists 
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path 
FxWirePro: AUD/USD edges higher ahead of RBA meeting minutes 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/ZAR extends losses ,eyes 16.400 level 
FxWirePro- Major US Indices 
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed 
NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92 
FxWirePro:EUR/AUD eases but bullish outlook persists 
FxWirePro: USD/CAD slips as oil rally boosts loonie 
EUR/JPY Surges on Yen Weakness: Bullish Momentum Eyes 186-187 Targets 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: USD/CNY downside pressure builds, key support level In focus 
FxWirePro: GBP/USD advances on steady UK GDP growth 
FxWirePro- Major European Indices 
WTI crude oil trades weak for the third consecutive day on demand concern. It hit a low of $81.69 at the time of writing and is currently trading at $81.69.
The Atlantic hurricane season will have a major impact on crude prices beginning on June 1st and ending on Nov 30th, 2024. Hurricane Beryl crossed Texas and edged towards Jamaica.
Markets eye US CPI data on Thursday and cease-fire talks between Israel and Gaza for further movement.
Major factors for crude oil price movement-
US dollar index (Bearish)- Positive for Crude.
Major resistance - 106.20/107.
Major support- 105.50/104.
Ichimoku analysis (4- hour chart)
Tenken-Sen- $82.47
Kijun-Sen- $83.06
The immediate resistance is around $84.35. Any jump above the target of $85/$86. On the lower side, near-term support is around $83. Any breach below will drag the commodity down to $82.50/$81.75/$80.97/80.
It is good to buy on dips around $80 with SL around $79 for a TP of $85
