FxWirePro- Major Pair levels and bias summary 
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EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup 
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook 
Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish 
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level 
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FxWirePro: GBP/AUD gains some upside momentum but still bearish 
FxWirePro- Major Pair levels and bias summary 
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FxWirePro : GBP/NZD strongly bearish despite upside attempts 
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JPY Action Bias: EURJPY and CADJPY Emerge as Extremely Bullish Pairs to Watch 
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USOIL chart - Trading View
WTI spiked higher overnight despite API inventories data showing a large buildup in US inventory.
American Petroleum Institute (API) data on Tuesday showed crude oil inventories of 3.8 million barrels for the week ending Nov. 20, beating analysts' forecast of an inventory build of just 127,000 barrels.
Oil prices hit new 8-month high at 45.67 on Wednesday's trade, expectations for vaccine-led global economy recovery supported gains.
West Texas Intermediate (WTI), the North American oil benchmark is currently trading at $45.39 per barrel, up 1.35% at the time of writing.
Technical analysis also supports gains. Bullish momentum indicators and rising volatility to boost further upside.
Next major bull target lies at 110W EMA at 46.88. Further gains could see test of 200W MA at 53.27.
On the flipside, 5-DMA is immediate support at 43.43. Retrace below 42.24 (55W EMA) will negate bullish bias.
