Major Support- 7020
FTSE100 continues to trade higher for 4th consecutive day on strong global cues. US markets jumped sharply and hit an all-time high on US-China trade optimism. The two countries are expected to sign phase one deal by this month. The overall trend of FTSE100 is bullish as long as support 7239 holds.
With no major economic data for the day markets eye BOE monetary policy for further direction. Technically, near-term support is around 7350, any break below will drag the index down till 7300/7242-45. Major weakness only below 7240.
On the higher side, major resistance to be watched is 7450 and breakthrough confirms that slump from 7729 got over at 7020. A violation above targets 7500/7530.
It is good to buy on dips around 7350-55 with SL around 7300 for the TP of 7450.


FxWirePro: USD/ZAR sustains gains as uptrend remains strong
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/ NZD steadies around 2.0150, retains bid tone
FxWirePro: EUR/AUD eases slightly but trend is still bullish
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level
FxWirePro: GBP/USD recovers but bears are not done yet again
FxWirePro: USD/CNY gains some ground but bearish outlook persists
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance
Bitcoin Battles Volatility: Institutional Support Eyes USD 64,000 Floor Amid Geopolitical Tensions
FxWirePro: GBP/NZD range to extend until there is game changing news
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm
FxWirePro- Woodies Pivot(Major)
Ethereum Retreats Toward USD 2,000: Technicals Signal Caution as ETH Mimics Bitcoin’s Pullback 



