FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm 
FxWirePro: GBP/USD dips lower on negative UK retail sales data 
FxWirePro- Major Crypto levels and bias summary 
On daily terms, the shooting star is traced out at 53.01 levels to evidence the price slumps below DMAs.
On weekly terms, spinning top and doji are occurred at 53.67 and 53.15 levels respectively.
Well, for now, interim dips seem to be on cards as spinning top and long legged doji appear in whipsaws pattern after the uptrend.
Bulls seem to have exhausted at resistance at 54.31 to 55 levels, more price dips seems to be on cards as the current prices attempt to slide below 7SMA.
You could very well observe the divergence between price curve & RSI, as a result, we foresee downswings may extend to retest support at around 50.5467 levels. The other leading oscillator (stochastic) has been indecisive but bearish bias by signaling overbought pressures.
On the contrary, as stated in our previous post we’ve been still firm on bullish targets in medium-long run, WTI crude price has been spiking higher through ascending triangle (monthly chart) showing strength in rallies after the formation of dragonfly doji on monthly plotting.
RSI evidences the upward convergence to the price spikes on this timeframe. While stochastic curves have been indecisive but bullish bias.
To substantiate this bullish stance, weekly MACD signals upswings to extend further.
Oil prices plummeted on Wednesday over concerns that producer club OPEC would not be able to maintain its high compliance so far with output cuts aimed at reining in a global fuel supply overhang.
Oil prices slid below 53 levels in Asia on Wednesday ahead of the market shrugging off a much larger than expected build in U.S. inventories reported by an industry group.
