FxWirePro- Woodies pivot (Major) 
FxWirePro- Woodies pivot (Major) 
Home ownership is slipping out of reach. It’s time to rethink our fear of ‘forever renting’ 
Gold Prices Rise as Markets Await Trump’s Policy Announcements 
Gold is meant to be a ‘safe haven’ in uncertain times. Why is it crashing amid a war? 
FxWirePro: USD/JPY edges higher as focus shifts to BOJ decision 
FxWirePro: GBP/USD rises as soft US data pressures dollar 
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support 
Elliott Investment Management Takes Significant Stake in BP to Push for Value Growth 
Ferrari Group to Launch IPO in Amsterdam, Targets Over $1 Billion Valuation 
Insignia Financial Shares Hit 3-Year High Amid Bain and CC Capital Bidding War 
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges 
Investors Brace for Market Moves as Trump Begins Second Term 
How the UK’s rollback of banking regulations could risk another financial crisis 
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies 
Ichimoku Analysis (1-Hour)
- Tenken-Sen- 3074
- Kijun-Sen- 3003
S&P500 has shown a massive recovery after a sell-off of more than 15% from an all-time high of 3397. The decline was mainly due to an outbreak of coronavirus. The virus has spread to all major countries especially South Korea and Iran more affected next to China.
The US fed cuts rates by 50 bps in the first emergency move since the financial crisis.
Technically, immediate resistance is at 3125 (200- H EMA) and any violation above targets 3158/3200.
On the flip side, near-term support is around 3050 and an indicative break below will take the pair down till 3030/3000.
It is good to buy on dips around 3075-80 with SL around 3050 for the TP of 3180.
