- FTSE100 was trading within channel for past 3- weeks with top at 7788 and bottom around 7486. The index recovered slightly from the low of 7486 made on Jun 25th 2018 till 7706. This shows lower high and higher low formation. So it is good to sell on rallies. The index is currently trading around 7580.
- The near term support is around 7530 and any break below will take the index down till 7485/7449 (200- day MA)/7402 (100- day MA).
- On the higher side, major intraday resistance is around 7605 (200- H MA) and any breka above will take the index till 7641 (61.8% fib)/7706 (Jun 29th 2018 low).
It is good to sell on rallies around 7605-10 with SL around 7650 for the TP of 7486/7450.


FxWirePro: USD/ZAR gains as weak SA Manufacturing data hits rand
FxWirePro- Woodies pivot (Major)
Currency Scores of Major Pairs: GBPUSD, AUDUSD & NZDUSD Top Charts at 85 — Bullish Pairs to Watch
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary
NZDJPY Bears Stay in Control After Sell-Off — Sell Rallies at 93 Targeting 90 as All EMAs Align Bearish
FxWirePro: GBP/AUD under pressure as the pair continues to weaken
Major European Indices Trend Scores: DAX & CAC40 Hit Perfect 100, FTSE100 at 85 — All Bullish with Key Levels to Watch
AUDJPY Bounces 150 Pips on Short Covering — Sell Rallies at 111.40 Targeting 108 as Higher EMAs Stay Bearish
FxWirePro: NZD/USD turns lower as USD regains footing
FxWirePro: GBP/USD slips as dollar rebounds from six-week low
FxWirePro: GBP/USD edges higher as markets track U.S.-Iran talks and oil moves
FxWirePro: AUD/USD firms after upbeat consumer spending data
EUR/USD Retraces After 1.1555 Peak: Technical Levels Point to 1.1600
FxWirePro: GBP/NZD downside pressure builds, key support level in focus
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support 



