Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch 
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support 
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist 
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support 
FxWirePro- Woodies pivot (Major) 
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist 
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains 
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target 
FxWirePro: GBP/USD rises as soft US data pressures dollar 
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies 
FxWirePro: USD/CNY dips to hit three year low,scope for further downside 
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next 
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth 
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist 
FxWirePro: GBP/AUD bears maintain upper hand 
Ichimoku Analysis (Daily chart)
Tenken-Sen - $61.78
Kijun-Sen- $61.67
US Oil recovered slightly after the decline of more than 10% from temporary top $65.72 formed on Jan 8th, 2020. The jump mainly came on US-Iran geopolitical escalation but slight easing has dragged the oil prices sharply till $57.76. It is currently trading around $58.45.
On the flip side, oil has taken support near 200-day MA and shown a minor recovery of $58.53 level. Any major weakness can be seen if it closes below $57.75, a dip till $55 possible.
The near term resistance is around $58.89 (55- day EMA) and any violation above will take the oil to the next level till $59.25/$60.
It is good to buy on dips around $58.25-30 with SL around $57.75 for the TP of $60.
