- Major support -6200 (9 day EMA)
- Major resistance – 6225 (200 day MA)
- The index has broken major resistance 6225 and closed well above that level yesterday .It has jumped till 6307 at the time of writing. It is currently trading around 6304.
- Short term trend is slightly bullish as long as support 6200 holds. On the higher side minor resistance is around 6300 and any break above will take the index till 6340/6400/6447 (Dec 12th 2016)
- FTSE minor support is around 6275 and break below will drag the index to next level around 6225/6200.Overall trend reversal can happen if it closes below 6000.
It is good to buy at dips around 6240 with SL around 6200 for the TP of 6340/6445.


FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro- Major Pair levels and bias summary
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro- Major Crypto levels and bias summary
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major European Indices
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro: USD/ZAR edges higher but bearish outlook persists 



