FxWirePro- Major Crypto levels and bias summary 
BTC’s Bear Bounce: Sell the Rally Near $66K as Bears Target $59K–$52K Breakdown 
FxWirePro- Woodies pivot (Major) 
ECB Hikes, Euro Dives: EURUSD Bears Reload for a Run to 1.1400 
FxWirePro: USD/ZAR edges higher, set to stay on back foot 
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious 
Dollar Roars Back: USDCHF Buy-the-Dip Setup Eyes 0.8150 as Inflation Shock Kills Rate-Cut Bets 
Ethereum Cracks Under $1,700: Sell the Rally Near $1,750 as Bears Eye $1,380–$1,200 
FxWirePro: USD/JPY gains above 160 level ahead of BOJ policy meeting 
FxWirePro- Major European Indices 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/USD weakens as escalating Middle East tensions weighs on sterling 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
FxWirePro: USD/ZAR bears maintain upper hand 
US Oil has halted its minor weakness at $56.03 and shown a minor jump of more than $1.5. The escalation of tension between the US and Iran and OPEC extension of production cut till Mar 2020 is supporting oil prices at lower levels. According to EIA, commercial crude inventories declined by 1.1 million compared to forecast of -2.8 million. But weak economic data from the US and Europe is increasing the chance of economic slowdown which is putting pressure on oil prices. It hits high of $57.55 and is currently trading around $57.12.
On the flip side, $56 will be acting as near term support and any break below will drag the commodity to the next level till $55.50/$54.21 (61.8% fib).
The major trend reversal level is around $60.25 (100- W MA) and any violation above will take the commodity till $62.10 (300- W EMA). The near term minor resistance is around $57.70 (55- day EMA) and minor jump till $58.68 happens if it breaks $57.70.
It is good to sell on rallies around $57.75-80 with SL around $58.85 for the TP of $54.25.
