AUDJPY Reclaims 114: Bears Growl in the Short Term, But Bulls Hold the Line 
GBPJPY Claims 215: Sterling Bulls Forge Ahead with Locked-In Momentum 
FxWirePro: USD/CAD extends gains as U.S. dollar gains momentum after strong U.S. NFP data 
EUR/USD Under Siege: Bearish EMA Stack Eyes 1.1525 as Iran Ceasefire Talks Crumble 
Kiwi-Yen Bulls Reload at 93: EMA Support Stack Points to 96–97 Targets 
FxWirePro: USD/ZAR bears maintain upper hand 
NZDJPY Bulls Reload: Why 93.50 Is the Line in the Sand for a Run to 97 
FxWirePro- Woodies pivot (Major) 
FxWirePro USD/CAD steadies around 1.3910,retains bid tone 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/NZD stuck in narrow range , outlook bearish 
FxWirePro: AUD/USD softens as risk appetite abates 
FxWirePro: GBP/AUD regains upwards momentum but unable to hold above 38.2% fib 
EURJPY Dips on NFP Firepower But Stays Bullish Above 184—Load Up Near 185 for a Run to 188 
FxWirePro- Woodies pivot (Major) 
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.
