Ichimoku Analysis (4-Hour chart)
Tenken-Sen- 6414
Kijun-Sen- 6345
FTSE100 is trading lower for 2nd consecutive days after 3 weeks of bullishness. It has declined nearly 200 points due to profit booking in global markets. US markets especially S&P500 lost more than 1% from recent high on a slight decrease in risk appetite. The UK index hits a low of 6305 and is currently trading around 6306.25.
The near-term resistance to be watched is 6400, and any violation above will take the index till 6430/6469/6500/6550 (trend line joining 5863 and 6197). Significant trend continuation only if it crosses 6550.
The immediate support is around 6300, an indicative violation below targets 6269/6200. Bearish continuation only if it breaks below 6200.
It is good to sell on rallies around 6400 with SL around 6500 for the TP of 6200.


FxWirePro: USD/JPY edges higher as focus shifts to BOJ decision
FxWirePro: USD/ZAR firms ahead of Fed interest rate decision
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro: NZD/USD firms as Kiwi gains on strong ANZ business outlook data
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
FxWirePro: AUD/USD dips below lower range, bearish bias increases
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict
FxWirePro: GBP/AUD drifts lower after BOE rate decision
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro : GBP/NZD strongly bearish despite upside attempts
FxWirePro- Major Crypto levels and bias summary
NZD/JPY Flatlines Near 94.60: Will Key Support Reignite the Uptrend?
FxWirePro- Major Pair levels and bias summary 



