FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption 
FxWirePro: USD/JPY advances as traders test Japan's intervention resolve 
FxWirePro: USD/ZAR edges higher after weak SA jobs and manufacturing data 
FxWirePro- Woodies pivot (Major) 
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop 
Major Pair Currency Score: GBPUSD and AUDUSD Extremely Bullish, NZDUSD Bullish 
FxWirePro: AUD/USD eases as investors switch focus to RBA 
FxWirePro: GBP/USD gains above 1.3500 ahead of key U.S. and UK data 
AUDJPY Holds Firm Above 112 on Broad Yen Weakness: Buy Dips Toward 115 
FxWirePro: EUR/AUD bears maintain upper hand 
FxWirePro: GBP/AUD edges higher but bulls lack punch 
FxWirePro: USD/CNY hovers near 3-1/2-year low ahead of U.S. data 
FxWirePro: GBP/AUD under pressure after disappointing U.S. employment data 
FxWirePro- Woodies pivot (Major) 
GBPJPY Surges on Yen Weakness – Bullish Dip Buy Eyes 217 
- Pattern Formed – Shooting Star
- Major resistance- $49.35 (161.8% retracement of $46.79 and $42.90)
- US oil has declined after making a high of $49.27 on account of strong USD and firm global supply will continue to outpace demand.
- Supply disruption in North America and Africa have been largely responsible for recent spike in oil price.
- But number of rigs operated by U.S drillers was steady last week for the first time this year indicates abundant supply .
- Technically the commodity has facing strong resistance at $49.35 (161.8% retracement of $46.79 and $42.90) and any further bullishness only above that level.
- US oil has declined till $47.66 at the time of writing. It is currently trading around $47.83.
- On the higher side minor resistance is around $48 and break above targets $48.60/$49/$49.35.
- The major support is around $47 (10 day MA) and break below $46/$45.
It is good to sell on rallies around $48-$48.10 with SL around $49.35 for the TP of 46.70/$45
