Major Pair Action Bias: USDCHF Turns Bullish as EURUSD Stays Bearish – Key Pairs to Watch 
FxWirePro- USD/CHF Holds Above 0.8120 as Bulls Target 0.8200 
FxWirePro: USD/CAD retreats slightly but trend is still bullish 
FxWirePro- Woodies pivot (Major) 
FxWirePro: GBP/AUD dips amid heightened Geopolitical concerns 
AUDJPY Pulls Back on Profit Booking: Buy Dips Toward 117/118 
ETHUSD Breaks Above $1900 as Bulls Eye $2300 and Beyond 
GBPJPY Weakens on Soft UK CPI: Sell Below 217.80 Targeting 216.40 
FxWirePro: AUD/USD bulls struggles as upside momentum fades 
FxWirePro: GBP/NZD gains some upside momentum but still bearish 
FxWirePro: USD/CAD retains bid tone,eyes 1.4200 level 
FxWirePro: GBP/NZD downtrend loses steam, remains on bearish path 
FxWirePro: GBP/AUD downtrend loses steam but outlook still bearish 
NZDJPY Pulls Back on Kiwi Weakness: Buy Dips at 94.40 Targeting 97 
FxWirePro: GBP/USD slips as Middle East tensions boost safe-haven dollar 
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.
