EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup 
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption 
FxWirePro- Woodies pivot (Major) 
FxWirePro: GBP/AUD gains some upside momentum but still bearish 
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level 
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level 
FxWirePro: AUD/USD falls after softer-than-expected Australian Q2 CPI 
FxWirePro: USD/JPY edges higher as focus shifts to BOJ decision 
FxWirePro : GBP/NZD strongly bearish despite upside attempts 
FxWirePro:EUR/NZD gains some upside momentum but still bearish 
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds 
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict 
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/JPY eases ahead of Fed decision , Intervention risks linger 
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.
