Ichimoku Analysis (4-hour chart)
Tenken-Sen- 7543
Kijun-Sen- 7467
FTSE100 is holding above the 7500 levels as US stocks gained on energy price rise. The surge in Pound sterling due to upbeat UK PMI data is supporting FTSE at lower levels. It has surged to 57.30 in Jan, the fastest rate in six months. Markets eye Bank of England Monetary policy meeting tomorrow for further direction. It hits an intraday high of 7592 and is currently trading around 7580.90.
The near-term resistance to be watched is 7650 and any violation above will take the index till 7725/7800/7900. Significant trend continuation only if it crosses 8000.
The immediate support is around 7425, any indicative violation below targets 7330/7230/7130. Bearish continuation only if it breaks below 6970.
It is good to buy on dips around 7425-30 with SL around 7230 for the TP of 7950.


FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias
Major Pair Action Bias: Bullish Pairs to Watch Out For
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases
JPY Action Bias: USDJPY Emerges as the Clear Bullish Pair to Watch Amid Mixed Crosses
FxWirePro :USD/JPY eases slightly, remains on bullish path
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus
FxWirePro: AUD/USD gains on Iran-US truce hopes, risk rally
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
JPY Action Bias: Bullish Pairs to Watch Out For
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead
FxWirePro: NZD/USD edges lower, remains on back foot
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness
FxWirePro: USD/CNY dips as yuan firms on improving risk appetite
Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish
FxWirePro- Woodies pivot (Major) 



