FxWirePro: USD/ZAR edges higher but bearish outlook persists 
FxWirePro: USD/JPY extends fall as yen rises on intervention fears 
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 
FxWirePro: USD/CNY downside pressure builds, key support level In focus 
FxWirePro: NZD/USD maintains bullish bias with focus on 0.5900 
NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92 
FxWirePro: GBP/AUD loses momentum but bullish setup remains 
FxWirePro: GBP/USD advances on steady UK GDP growth 
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path 
AUDJPY Bulls Stay in Control: Buy the Dips Above 103.80 Targeting 106 
FxWirePro: GBP/NZD bulls loosen their grip a bit, dips to be bought 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed 
FxWirePro: GBP/AUD moves lower on weak UK data 
FxWirePro- Major European Indices 
FxWirePro- Major Crypto levels and bias summary 
- US oil clocked fresh multi-year highs above $73 a barrel overnight.
- Oil prices spiked higher as EIA data reports biggest weekly drop in U.S. crude supplies year to date.
- U.S. crude stocks fell by nearly 10 million barrels last week as refineries hiked output, the Energy Information Administration said on Wednesday.
- Data widely missed analysts’ expectations for a decrease of 2.6 million barrels.
- Black Gold continues surge as US-Iran trade tensions keep prices underpinned.
- Price is extending consolidation after previous session's spike. Bias remains higher.
- Technical indicators on daily charts support upside. Price has broken out of daily cloud.
- Stochs have entered overbought zone, but RSI has room to run further.
- We see immediate support at 1H 21-EMA at 72.04. Break below 1H 55-EMA at 70.80 to see some weakness.
- On the top side, we see scope for test of 76.49 (61.8% Fib retracement of 107.65 to 26.08 fall).
Call update: Our previous call (https://www.econotimes.com/FxWirePro-US-Oil-edges-above-71-US-Iran-trade-tensions-keep-prices-underpinned-1392033) has hit all targets.
Recommendation: Book partial profits at highs, stay long for 74.70/ 75/ 76.49
