FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Woodies pivot (Major) 
FxWirePro: GBP/USD falls to two-week low on strong US jobs data 
FxWirePro: USD/CAD bulls continue to hold the higher ground 
EURJPY Bearish Dent Intact: Sell the Relief Rally Toward 183/182 Support 
NZDJPY Bearish Reversal Intact: Triple EMA Stack Signals Sell-on-Rallies Play Toward 90.50 
NFP Shockwave Wipes Out EURUSD Gains as King Dollar Roars Back; Bears Target 1.1525 
FxWirePro: GBP/NZD climbs as robust U.S. employment figures triggers renewed buying interest. 
FxWirePro: EUR/AUD jumps as payrolls surprise fuels upside 
AUDJPY Cracks Below 113: Bearish Breakdown Accelerates Toward 110.50 Target 
FxWirePro: EUR/ NZD bulls gain momentum,eyes level 2.0000 
FxWirePro: GBP/USD hovers near three week low, bearish outlook remains 
GBPJPY Claims 215: Sterling Bulls Forge Ahead with Locked-In Momentum 
FxWirePro: EUR/ NZD consolidating around 1.9855, room for further gains 
US oil was one of the worst performers in the past 3-week and lost more than 20% from a temporary top $62.97. The decline was mainly due to the outbreak of coronavirus, which will reduce the demand for crude oil. The death toll has been increased to 213 in China, the number of cases confirmed surged past 9000. It hits low of $51.69 and is currently trading around $52.82.
According to EIA, U.S crude oil supplies rose by 3.5 million compared to a forecast of 1.4 million barrels. The rise in inventory also putting pressure on WTI crude oil prices.
On the flip side, significant support is around $50.50 and any indicative break beneath will drag the US oil till $49.45/$47.55.
The immediate important resistance is around $55, the decline from $62.97 will get over if it breaks above $55. Any violation over $55 targets $57.50/$60. The secondary resistance is at $53.35/$54.
It is good to buy on dips around $50.60-70 with SL around $50 for the TP of $55.
