FxWirePro: USD/CAD extends decline on broad dollar weakness 
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/AUD under pressure as key support gives way 
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead 
FxWirePro- Major European Indices 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: USD/ZAR recovers slightly but trend is still bearish 
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off 
FxWirePro: GBP/USD biased higher but rally currently stretched 
FxWirePro: AUD/USD retreats slightly but trend is still bullish 
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom 
FxWirePro: USD/ZAR edges lower ,investors remain on edge 
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally 
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level 
FxWirePro: USD/JPY holding bid into weekend 
- US Oil has fallen till $47.95 on Friday and shown a minor recovery from that level till $48.95. It is currently trading around $48.60.
- The decline in the crude oil prices was mainly due to increase in the supply and decline in demand. Chinese refineries processed 10.71 million barrels per day in July down around 500,000 bpd. The increase in U.S drilling activity could deepen global supply.
- The downside in the US oil is capped by trend line support and any break below $47.84 confirms bearish continuation and decline till $47.18 (200- 4H MA)/$46.
- On the higher side, near term resistance is around $48.95 (89- 4H MA) and any break above will take the oil till $50/$50.20. It should break above $50.40 for further direction.
It is good to buy on dips around $48.25-$48.30 with SL around $47.75 for the TP of $49/$50.20.
