BTC’s Bear Bounce: Sell the Rally Near $66K as Bears Target $59K–$52K Breakdown 
FxWirePro- Woodies pivot (Major) 
Ethereum Cracks Under $1,700: Sell the Rally Near $1,750 as Bears Eye $1,380–$1,200 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/NZD stuck in range but outlook is bullish 
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50 
Peace Dividend Powers NZDJPY Past 93.50 — Bulls Set Sights on 96.15 Target 
FxWirePro: AUD/USD climbs as US-Iran peace deal sparks risk rally 
FxWirePro: USD/ZAR edges higher, set to stay on back foot 
FxWirePro- Woodies pivot (Major) 
FxWirePro: GBP/AUD eases on Geopolitical whipsaw 
FxWirePro: NZD/USD jumps after US and Iran agree preliminary deal 
FxWirePro: EUR/ NZD uptrend loses steam, remains on bullish path 
FxWirePro- Major Crypto levels and bias summary 
US Oil chart on Trading View used for analysis
- WTI slips lower after weekly EIA report on Wednesday showed a larger-than-expected build in crude stocks.
- Crude prices accelerating the leg lower today, breaks below $69/ barrel mark.
- Renewed US-China trade jitters continue to hurt the traders’ sentiment and keep weighing on the commodity.
- Technical indicators support further weakness in prices. Momentum with the bears.
- Break below cloud could see dip till 200-DMA at 67.36. Violation at 200-DMA will see acceleration of downside.
- Focus now on Baker Hughes weekly figures for the US drilling activity on Friday.
Support levels - 67.36 (200-DMA), 64.94 (38.2% Fib)
Resistance levels - 70.71 (55-EMA), 71.76 (21-EMA)
Call update: Our previous call (https://www.econotimes.com/FxWirePro-US-Oil-holds-support-at-55-EMA-break-below-to-see-further-weakness-1442752) has hit TP1/2.
Recommendation: Book partial profits, hold for weakness.
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
