Ichimoku Analysis (4-hour chart)
Tenken-Sen- 7488
Kijun-Sen- 7478
FTSE100 is trading higher for the past 3 trading days after making a low of 7427. The jump was mainly due to strong global markets despite the outbreak of coronavirus. US markets especially S&P500 surged more than 2% in the past 3 days. But US futures lost nearly 0.50% after Hubei reported 14480 new cases, the death toll rose to 1300. It hits high of 7556 and is currently trading around 7505.
Technically, near term support is around 7479 (200-4H MA) and any violation below will drag the index down till 7445/7400.
The near-term resistance is around 7525, an indicative break higher 7560/7600/7640. Primary trend continuation only beyond 7700.
It is good to buy on dips around 7460 with SL around 7425 for the TP of 7690.


FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
FxWirePro: GBP/AUD bears maintain upper hand
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
FxWirePro: GBP/USD rises as soft US data pressures dollar
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro: AUD/USD gains some ground but outlook is bearish
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges 



