- US Oil has faded a spike to 66.08, trades 0.20% lower at 65.68.
- Rebound in the US dollar in anticipation of the US-China trade talks scheduled later this week, collaborated to downside in oil.
- The pair extends range trade above 200-DMA, we see further weakness on break below.
- Price action has dipped below cloud and has breached 110-EMA. Technical indicators are also biased lower.
- Break below 200-DMA targets 38.2% Fib at 62.57 ahead of 60 (Mar 18 low).
- On the flipside, breakout above 110-EMA negates bearish bias
Support levels - 65.62 (5-DMA), 64.70 (200-DMA), 62.57 (38.2% Fib)
Resistance levels - 67.15 (110-EMA), 67.44 (21-EMA)
FxWirePro Currency Strength Index: FxWirePro's Hourly USD Spot Index was at -129.031 (Neutral) at 1235 GMT. For more details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.


FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
Gold Retreats as Geopolitical Fears Ease: Bears Target $4,000 Support
FxWirePro: AUD/USD cedes early gains ,outlook bearish
NZDJPY Bears Stay in Control After Sell-Off — Sell Rallies at 93 Targeting 90 as All EMAs Align Bearish
FxWirePro: NZD/USD turns lower as USD regains footing
AUDJPY Bounces 150 Pips on Short Covering — Sell Rallies at 111.40 Targeting 108 as Higher EMAs Stay Bearish
FxWirePro- Major Pair levels and bias summary
NZDJPY Bears Stay in Command: Sell Rallies at 92.72-75 Targeting 90 as All EMAs Flash Red
FxWirePro: USD/JPY dips as market assess risk of additional FX intervention.
FxWirePro: GBP/NZD downside pressure builds, key support level in focus
FxWirePro: USD/JPY gains capped as intervention fears keep traders on edge
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR gains as weak SA Manufacturing data hits rand
EUR/JPY Under Pressure: Broad Yen Buying Keeps Bears in Control Below 183.00
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: USD/CNY edges higher, outlook bearish 



