FxWirePro- Woodies Pivot(Major) 
FxWirePro: EUR/NZD set for bigger drop, but close below key fibo needed 
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/ZAR down trend loses steam, remains on bearish path 
FxWirePro: EUR/AUD attracts selling interest, vulnerable to more downside 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes 
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas 
FxWirePro: USD/CAD outlook weaker on renewed downside pressure 
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
FxWirePro: EUR/CAD slips as firm oil price lift loonie despite soft GDP data 
FxWirePro: USD/CNY hits 15-month low , scope for further downside 
FxWirePro: USD/CAD dips below lower range, bearish bias increases 
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106 
USOIL chart - Trading View
US oil has trimmed some of the previous session's losses and was trading 1.87% higher at 60.56 at around 08:40 GMT.
Oil prices plummeted across the Atlantic overnight amid vaccine concerns and technical selling.
Crude oil prices remain under pressure amid higher oil inventories and unabated pandemic concerns.
Focus now on the driller Baker Hughes' weekly report on US oil rig count on Friday. Analysts suggest further crude oil inventory builds are likely in the coming weeks.
That said, OPEC+ members remain flexible, cooperative and seemingly eager to keep crude oil prices supported.
Long-term bias for crude oil markets remains positive. Pullbacks are likely to be short-lived and shallow.
55-EMA is immediate support at 58.09. Break below will see test of cloud support at 54.96. Breach below cloud could change near-term dynamics.
