FxWirePro- Woodies pivot (Major) 
FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings 
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path 
AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters 
EUR/JPY Holds Bullish Bias as Euro Extends Recovery 
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level 
FxWirePro: GBP/AUD gains some upside momentum but still bearish 
FxWirePro: GBP/NZD gains some ground but bias is still bearish 
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path 
FxWirePro: USD/ZAR retreats but trend is still bullish 
FxWirePro- Major Pair levels and bias summary 
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases 
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USOIL chart - Trading View
West Texas Intermediate (WTI) was extending range trade for the 4th straight session.
Pre-Fed market caution keeps traders on the sidelines, price hovers around the $72 mark.
Data released on Tuesday by the American Petroleum Institute (API) showed a bigger-then-expected draw in the US crude stockpiles.
The API report showed that the US crude stocks fell by 4.7 million barrels for the week ended July 23 vs. expectations of a drop of 2.9 million barrels.
Continuing spread of delta variant of coronavirus and the International Monetary Fund’s (IMF) cutting its growth estimates for Emerging Asia raise concerns over the demand prospects for oil.
Technical bias is neutral. 21-EMA is immediate support at 71.73, while, upside remains capped at 20-DMA at 72.73.
Focus now on the Energy Information Administration (EIA) weekly US crude supplies report and the FOMC decision for fresh impetus.
