EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: EUR/AUD attracts selling interest, vulnerable to more downside 
FxWirePro: EUR/CAD slips as firm oil price lift loonie despite soft GDP data 
USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead 
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
FxWirePro: USD/ZAR down trend loses steam, remains on bearish path 
FxWirePro: EUR/AUD slips following RBA minutes , plunge to test a key fibo grows 
FxWirePro: USD/CNY hits 15-month low , scope for further downside 
FxWirePro: AUD/USD gaining momentum for a move towards 0.6800 level 
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar 
Chart pattern- Descending Broadening Wedge
Ichimoku analysis (4-Hour chart)
Tenken-Sen- 3866
Kijun-Sen-3812
S&P500 has taken support near trend line support and surged more than 4.5%. The jump was mainly due to upbeat market sentiment and optimistic global economic recovery. Markets eye House of Representatives votes on the senate's $1.9 trillion stimulus bill today for further direction. The index hits a high of 3912 and is currently trading around 3879.
Technically, the index is holding above 100 and 200-4H MA (3875 and 3860). It has made an all-time high at 3963. On the higher side, the near-term significant resistance is around 3907 (trend line joining 3964 and 3938) and any jump above will take the index to 3965/4000.
The short-term support is at 3846 (200- 4H EMA), any violation below targets 3812/3790. Significant trend continuation only if it breaks 3720.
It is good to buy on dips around 3840-45 with SL around 3800 for TP of 3960.
