JPY Action Bias: EURJPY and CADJPY Emerge as Extremely Bullish Pairs to Watch 
FxWirePro:EUR/NZD gains some upside momentum but still bearish 
FxWirePro: AUD/USD falls after softer-than-expected Australian Q2 CPI 
FxWirePro: USD/CAD slips after Fed holds rates steady 
EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup 
Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish 
JPY Pairs Action Bias: EURJPY Leads as Bullish Standout Amid Mixed Momentum 
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/ZAR firms ahead of Fed interest rate decision 
FxWirePro: USD/JPY eases ahead of Fed decision , Intervention risks linger 
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path 
FxWirePro- Woodies pivot (Major) 
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level 
FxWirePro: AUD/USD dips below lower range, bearish bias increases 
FxWirePro: USD/ CNY hits one-month low,scope for futher downside 
FxWirePro: USD/ CNY remains soft ahead of Fed decision 
USOIL chart - Trading View
USOIL was trading 0.37% higher on the day at 41.59 at around 05:00 GMT, focus on API inventories data.
Oil prices were extending marginal gains on the day as US-Iran war fears fade. Both Brent and WTI contracts remain at the upper end of their multi-month ranges.
Downside cannot be ruled out, especially if OPEC+, based on the recent rally, continue releasing supply in the new year.
That said, vaccine announcements by Pfizer and Moderna has probably put a longer-term floor on oil prices.
Technical indicators support further gains. Price action is above cloud and major moving averages and momentum studies are bullish.
Scope for test of major trendline resistance at 42.85. Decisive break above will fuel further gains. Breach below cloud will negate any bullishness.
