FxWirePro: USD/JPY eases ahead of Fed decision , Intervention risks linger 
FxWirePro: AUD/USD falls after softer-than-expected Australian Q2 CPI 
FxWirePro: USD/ZAR firms ahead of Fed interest rate decision 
EUR/USD Bounces from Monthly Low, But Bearish Pressure Remains 
Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish 
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path 
NZD/JPY Flatlines Near 94.60: Will Key Support Reignite the Uptrend? 
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level 
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/USD edges higher as traders await BoE guidance and UK fiscal clarity 
JPY Pairs Action Bias: EURJPY Leads as Bullish Standout Amid Mixed Momentum 
Chart pattern- Ascending broadening wedge
Ichimoku Analysis (4- Hour chart)
Tenken-Sen- 6786
Kijun-Sen-6755
FTSE100 declined slightly after a minor jump above the 6800 levels. The index has formed Ascending broadening wedge pattern and significant bullish continuation only above 6850. The UK index is trading flat ahead of US Fed and BOE monetary policy statement for further direction. The number of coronavirus death has become low and UK PM optimistic comments on the AstraZeneca vaccine are supporting FTSE100 at lower levels. It hits an intraday low of 6806 and currently trading around 6787.50.
The near-term resistance to be watched is 6820; any violation above will take the index till 6890/6963. Significant bullish trend continuation only if it crosses 7000. On the lower side, near-term support is around 6720, and any violation below targets 6670/6600.
Indicator (1 Hour chart)
CAM indicator – Bearish
Directional movement index – Bearish
It is good to sell on rallies around 6845-50 with SL around 6900 for the TP of 6600.
