NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low 
FxWirePro: USD/CNY dips to hit three year low,scope for further downside 
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support 
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target 
FxWirePro: GBP/AUD bears maintain upper hand 
FxWirePro- Major Pair levels and bias summary 
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges 
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies 
FxWirePro- Woodies pivot (Major) 
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision 
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum 
FxWirePro: AUD/USD gains some ground but outlook is bearish 
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support 
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus 
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next 
FxWirePro: US oil struggles to close above 200-W EMA, dip till $55 likely
Major resistance - $58.95 (200-W EMA)
US oil was trading extremely bullish in the previous week and surged more than 7% till $59.81. The increase came after OPEC and allies have agreed to cut production by extra 500,000 barrels per day to take their target to 1.7 million B/D. But China's crude exports have fallen in Nov 1.1% y/y vs forecast of a 1% jump, which slightly dragged the price of crude. It is currently trading around $58.49.
Technically, the commodity is struggling to close over $58.95 (200-W EMA). This confirms minor weakness, a dip till $57.40/$56.45/$55 possible.
On the higher side, near-term major resistance is around $60-$60.50 and any convincing break beyond targets $63.33/$65.
It is good to sell on rallies around $58.85-90 with SL around $59.95 for the TP of $56.40/$55.
