Ichimoku Analysis (4-hour chart)
Tenken-Sen- 5976
Kijun-Sen- 6033
FTSE100 continues to trade lower following the footsteps of US markets. The U.S markets slumped drastically 5%, especially NASDAQ on profit booking. The weak British economic data and increasing job loss have decreased the chance of V-Shaped recovery. The index hits an intraday low of 5837 and currently trading around 5867.
The near-term resistance to be watched is 5925, any violation above will take the index till 6000/6050/6100/6175. Significant bullish trend continuation only if it crosses 6350.
It is good to sell on rallies around 5935-40 with SL around 6000 for the TP of 5800.


Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro: USD/ CNY hits one-month low,scope for futher downside
FxWirePro: USD/JPY eases ahead of Fed decision , Intervention risks linger
FxWirePro: USD/ CNY remains soft ahead of Fed decision
FxWirePro:EUR/NZD gains some upside momentum but still bearish
FxWirePro : GBP/NZD strongly bearish despite upside attempts
Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level
NZD/JPY Flatlines Near 94.60: Will Key Support Reignite the Uptrend?
FxWirePro: USD/ZAR firms ahead of Fed interest rate decision
EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup
FxWirePro: USD/CAD slips after Fed holds rates steady
Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption
JPY Pairs Action Bias: EURJPY Leads as Bullish Standout Amid Mixed Momentum 



