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CAD/JPY Breaks Down: Loonie Weakness and BOC Patience Set Bears’ Sights on 110 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/CAD steadies around 1.3990 ,retains bid one 
FxWirePro: GBP/NZD stuck in range but outlook is bullish 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/JPY gains above 160 level ahead of BOJ policy meeting 
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling 
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious 
Dollar Roars Back: USDCHF Buy-the-Dip Setup Eyes 0.8150 as Inflation Shock Kills Rate-Cut Bets 
FxWirePro- Major Crypto levels and bias summary 
GBPJPY Coil Tightens: Is a Bullish Break Above 215.60 Imminent? 
BTC’s Bear Bounce: Sell the Rally Near $66K as Bears Target $59K–$52K Breakdown 
FxWirePro: GBP/USD weakens as escalating Middle East tensions weighs on sterling 
FxWirePro: USD/ZAR edges higher, set to stay on back foot 
ECB Hikes, Euro Dives: EURUSD Bears Reload for a Run to 1.1400 
The FTSE100 shown a massive recovery of more than 80 points from intraday low of 7345 after ECB President Draghi dovish speech. The ECB is ready to cut rates and to start once again asset purchase program if inflation doesn't pick up. The global stock market especially Wall Street has jumped more than 0.80% from today's low after Draghi's fresh stimulus signal. It hits an intraday high of 7436 and is currently trading around 7434.
Technically the index was facing strong resistance around 7422 and after three days of consolidation, it has broken for the day. This confirms minor bullishness, and a jump till 7500/7530 likely.
On the flip side, near term support is at 7375-80 and any break below first support will drag the index till 7345 (200- 4H MA)/7317-20 (Jun 14th low/55-H EMA). Any further bearishness only below 7317.
It is good to buy on dips around 7390-7400 with SL around 7345 for the TP of 7500.
