- Harmonic pattern – Bearish AB=CD.
- US Oil was trading higher for the past ten days from the low of $43.69 made on Jul 10th 2017. It has made a high of $47.71 and declining sharply from that level. It is currently trading around $46.47.
- Any major bullishness can be seen only above $47.71. Any break above will take the oil till $48.66/$50.
- On the lower side, near term support is around $46.35 (23.6% retracement of $42.03 and $47.77) and any break below will drag the commodity till $44.97/$43.69 (Jul 10th 2017 low).
It is good to sell on rallies around $46.65-$46.75 with SL around $47.80 for the TP of $43.69.


BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout
FxWirePro- Major European Indices
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/NZD remains bullish as rally continues
FxWirePro: NZD/USD sidelined ahead Of key New Zealand GDP and US inflation update
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
FxWirePro-Major European Indices
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data
UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206 



