Major support- 7200
FTSE100 has lost more than 7% from the high of 7791 and hits low of 7213. The index jumped till 7345 and is currently trading around 7337.
Any hourly close above 7337 (200- H MA) confirms minor intraday bullishness, a jump till 7411/7438 (38.2% fib)/7500 likely.It should break above 7534 for further jump till 7639.
The near term support is around 7296 (100- H MA) and any violation below will take the index down till 7265/7200. Any close below 7200 confirms bearish continuation.
It is good to buy above 7340 with SL around 7320 for the TP of 7400.


Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro: NZD/USD dips as stronger U.S. dollar offsets NZ Q3 GDP surprise
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro: EUR/NZD steadies ahead of ECB meeting
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70
NZDJPY: Sell the Rallies as Bears Guard 90–91 Resistance Zone
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD struggle to extend its recovery,good to sell on rally
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 



