Ichimoku Analysis (8-hour chart)
Tenken-Sen- 6057
Kijun-Sen- 5942
FTSE100 continues to trade higher for the 5th consecutive day and jumped more than 300 points. The jump was mainly due to an increase in risk appetite on corona vaccine hopes. The global stock market especially S&P500 surged sharply and hits a 3-month high. The UK index is holding above 6200 levels and is currently trading around 6216.
The near-term resistance to be watched is 6263 (161.8% fib), and any violation above will take the index till 6300/6400/6445. Significant trend continuation only if it crosses 6500.
The immediate support is around 6100, indicative violation below targets 6050/6000. Bearish continuation only if it breaks below 5890.
It is good to buy on dips around 6180-85 with SL around 6100 for the TP of 6300/6400.


BTC Cracks Below $65K: Sell the Rip as Iran Tensions and ETF Bleeding Fuel Bears
FxWirePro: EUR/AUD holds narrow range, focus on near-term support
FxWirePro- Major Crypto levels and bias summary
GBPJPY Claims 215: Sterling Bulls Forge Ahead with Locked-In Momentum
FxWirePro: USD/JPY on nervous hold around 160.00
NZDJPY Bulls Reload: Why 93.50 Is the Line in the Sand for a Run to 97
FxWirePro: EUR/NZD tight ranges prevail as market waits for fresh catalyst
FxWirePro: GBP/NZD stuck in narrow range , outlook bearish
FxWirePro: GBP/AUD bulls gain momentum on hot U.S. Jobs data
FxWirePro- Major Crypto levels and bias summary
AUDJPY Reclaims 114: Bears Growl in the Short Term, But Bulls Hold the Line
FxWirePro USD/CAD steadies around 1.3910,retains bid tone
EURJPY Dips on NFP Firepower But Stays Bullish Above 184—Load Up Near 185 for a Run to 188
FxWirePro: GBP/NZD climbs as robust U.S. employment figures triggers renewed buying interest.
FxWirePro- Major Pair levels and bias summary
GBP/JPY Bulls Reload at 214: Triple EMA Support Eyes 216–217 Breakout 



