Ichimoku Analysis (4-hour chart)
Tenken-Sen- 6120
Kijun-Sen- 6096
FTSE100 is trading higher despite weak UK GDP data. The economy for the second quarter has dropped to minus 20.4% slightly above expectations -20.5%. The June GDP came at 8.7% vs estimate of 8.1%. The global markets are trading positive after Russia announced a vaccine for COVID-19. The S&P futures are trading slightly higher and currently trading around 3356.
The near-term resistance to be watched is 6220 and any violation above will take the index till 6275/6325. Significant trend continuation only if it crosses 6352.
The immediate support is around 6097, any indicative violation below targets 6030/5980. Bearish continuation only if it breaks below 5800.
It is good to buy on dips around 6175-80 with SL around 6100 for the TP of 6300.


FxWirePro: GBP/USD rises as soft US data pressures dollar
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict
FxWirePro: USD/CAD slips after Fed holds rates steady
Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed
FxWirePro- Woodies pivot (Major)
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
JPY Action Bias: EURJPY and CADJPY Emerge as Extremely Bullish Pairs to Watch
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ CNY remains soft ahead of Fed decision
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
JPY Pairs Action Bias: EURJPY Leads as Bullish Standout Amid Mixed Momentum 



