FxWirePro: USD/CAD loses upside momentum but outlook is bullish 
USD/CHF Blasts Past 0.8250: Technicals Signal Next Stop at 0.8340 
FxWirePro: EUR/AUD downtrend loses momentum, bearish bias prevails 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/AUD falls after BoE rate hold 
Major Currency Scores: USD/CAD Signals Extremely Bullish Momentum at +90 
FxWirePro: NZD/USD edges lower, remains on back foot 
FxWirePro: USD/ZAR edges higher as rand weakens ahead of South Africa inflation data 
JPY Major Currency Score 
FxWirePro: USD/JPY rises as yen weakens following BOJ's 25bp rate hike 
FxWirePro: AUD/USD firms after RBA governor Bullock comments 
FxWirePro: GBP/USD gains some traction after UK retail sales beat expectation 
NZDJPY Surges Past 90 Amidst BOJ Rate Hike Uncertainty 
EUR/USD Dips Below 1.1500 Amidst Divergent Central Bank Policies and USD Strength 
AUDJPY Soars Past 112 on BOJ Rate Hike, Technicals Signal Bullish Momentum 
Add as a preferred source on Google
Crude oil pared some of its gains as supply concerns eased. It hits a high of $78.42 yesterday and is currently trading around $75.64.
Geopolitical tension-
Biden discouraged Israel's direct attack on Iran's oil fields and Nuclear facilities. He has asked Israel PM to avoid an attack on Iran oil fields. Crude oil prices dropped more than $2 after Biden's statements.
US dollar index - Bearish
US treasury yield- bullish (negative for commodity market).
Major resistance- $76. Any breach above will take the commodity to the next level $77.05/$78/$78.50. Major trend reversal only above $80.
The near-term support is around $75, any violation below targets $73.80/$72.95/$72.45/$71.80.
Indicators (4- hour chart)
ADX- neutral
CCI (50) - Bullish
It is good to buy on dips around $74 with SL around $72.45 for TP of $78.40.
