WTI crude was trading after the US-Iran conflict and jumped more than $4 till $64.69. It hits 8- month high yesterday and lost more than 3.5% on slight easing of Middle East tension. It is currently trading around $62.68.
On the flip side, major support is at $61.92-$62.17 (40 4H MA and 55 4H EMA) any violation beneath will drag the commodity to the next level $61.45/$60.61. Extraordinary weakness only under $59.25.
The near term resistance stands at $64.72 and a breakthrough target next level 66.57 mark (Apr 2019 high). Significant trend continuation only above $66.57.
It is good to buy on dips around $62.35-40 with SL around $61.90 for the TP of $64.65.


FxWirePro: EUR/NZD recovers some ground but outlook is bearish
FxWirePro: EUR/AUD gains some upside momentum but still bearish
FxWirePro:NZD/USD remains pressured, Fitch downgrades rating outlook
FxWirePro: USD/ZAR uptrend gains momentum, as positive sentiment builds
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR slips towards key support as rand firms after Trump delays strikes on Iran energy sites
Euro Surge: EURUSD Rockets Above 1.16 as Geopolitical Tensions Recede
Bitcoin Surges Past USD 70,000 as Trump Signals De-escalation in US-Iran Conflict
FxWirePro: GBP/NZD gains some ground but bearish outlook persists
FxWirePro- Major Crypto levels and bias summary
NZDJPY Under Pressure: Kiwi Sell-Off Drags Pair Toward Critical Support
FxWirePro: USD/JPY edges higher but upside is limited
FxWirePro- Major Crypto levels and bias summary
Triple Bottom Triumph: EURJPY Bulls Eye 186.00 as Momentum Surges
Ethereum Gains Momentum: Ether Reclaims USD 2,150 as Global Tensions Subside 



