Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish 
FxWirePro:EUR/NZD gains some upside momentum but still bearish 
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds 
Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed 
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support 
FxWirePro: AUD/USD dips below lower range, bearish bias increases 
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target 
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Woodies pivot (Major) 
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict 
FxWirePro : GBP/NZD strongly bearish despite upside attempts 
FxWirePro: USD/CAD slips after Fed holds rates steady 
FxWirePro: NZD/USD firms as Kiwi gains on strong ANZ business outlook data 
FxWirePro: GBP/USD rises as soft US data pressures dollar 
Tenken-Sen- 6281
Kijun-Sen- 6088
FTSE100 is trading lower after 3 weeks of bullishness and lost nearly 100 points. The slight decline in the global stock market due to profit booking is putting pressure on FTSE. US markets especially NASDAQ hit an all-time high on hopes of V-Shaped recovery after coronavirus. The UK index hits a high of 6515 and is currently trading around 6436.
The near-term resistance to be watched is 6550 (trend line joining 5863 and 6197), and any violation above will take the index till 6637 (200-day EMA)/6700. Significant trend continuation only if it crosses 6853.
The immediate support is around 6365 (100-day MA), indicative violation below targets 6300/6269/6200. Bearish continuation only if it breaks below 6200.
It is good to sell on rallies around 6455-60 with SL around 6520 for the TP of 6300.
