Harmonic pattern- Bearish Bat pattern
Potential Reversal Zone (PRZ)- 7371
FTSE100 has halted its 4 day of winning streak and lost nearly 25 points from the intraday high of 7356. The index was trading higher following footsteps of US markets. It has formed temporary top around 7371 and is currently trading around 7328.
On the lower side, near term support is around 7309 (23.6% fib) and any break below will drag the index down till 7265 (10- 4 HMA)/7233 (55- 4H EMA). Any close below 7230 confirms further weakness.
The near term resistance is around 7371 and any violation above will take the index to next level till 7400/7428/7500.
It is good to sell on rallies around 7350-55 with SL around 7375 for the TP of 7265/7235.


FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
FxWirePro- Woodies pivot (Major)
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
FxWirePro- Woodies pivot (Major)
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist 



