Ichimoku Analysis (Weekly chart)
Tenken-Sen- 5820
Kijun-Sen- 6263
FTSE100 is trading higher for 3rd consecutive week and recovered more than 450 pips on a positive global stock market. The opening up of economies and hopes of COVID-19 has increased demand for risk appetite. Markets eye Brexit final talks for further direction. The UK index hits an intraday high of 6369 and is currently trading around 6369.
The near-term resistance to be watched is 6400, and any violation above will take the index till 6504 (trend line resistance)/6600 (61.8% fib). Significant trend continuation only if it crosses 6739.
The immediate support is around 6200, indicative violation below targets 6100/6047/6000. Bearish continuation only if it breaks below 5890.
It is good to buy on dips around 6280-85 with SL around 6200 for the TP of 6504/6600.


FxWirePro:EUR/NZD gains some upside momentum but still bearish
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
JPY Action Bias: EURJPY and CADJPY Emerge as Extremely Bullish Pairs to Watch
FxWirePro: USD/CAD slips after Fed holds rates steady
FxWirePro : GBP/NZD strongly bearish despite upside attempts
FxWirePro: AUD/USD gains some ground but outlook is bearish
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
FxWirePro: USD/JPY edges higher as focus shifts to BOJ decision
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
FxWirePro: NZD/USD firms as Kiwi gains on strong ANZ business outlook data
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch 



