Major Intraday support- 2520 (20- day MA)
S&P500 trades higher for 4th consecutive day and jumped more than 150 points in four trading session. The index hits intraday high of 2586 and is currently trading around 2580.8
Short term trend is bullish as long as support 2520 (20- day MA). Any break below 2520 confirms minor weakness and a dip till 2465/2437/2397. Any further bearish continuation only below 2330.
On the higher side near term resistance is around 2609 (38.2% fib) and any break above targets 2630 (55- day EMA).
It is good to buy on dips around 2550-55 with SL around 2520 for the TP of 2630.


FxWirePro- Major European Indices
Yen Strikes Back: AUD/JPY Retreats as BOJ Policy Looms – Sell on Rallies to 100
NZD/JPY: Bearish Momentum Builds — Sell the Rallies Below 90.90 for a Slide Toward 88.00
FxWirePro: USD/JPY slips as yen gains ahead of BOJ meet
FxWirePro: GBP/USD steadies ahead key data, BoE event risk
Euro Refuses to Die: EUR/JPY Holds 182.50, Eyes 184 Breakout
FxWirePro: USD/CNY outlook weaker on renewed downside pressure
FxWirePro: USD/CNY outlook weaker on renewed downside pressure
CAD/JPY Dips on Soft Canadian CPI: Buy the Dip to 115?
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: NZD/USD weakens as RBNZ quashes rate hike talk
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias
ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000?
FxWirePro: GBP/AUD gives up early gains after UK GDP shock 



