Ichimoku Analysis (4-hour chart)
Tenken-Sen- 6081
Kijun-Sen- 6137
FTSE100 continues to trade lower after three days of consolidation. The escalation of the US-China trade war and the second wave of coronavirus concerns is dragging index further down. The number of new cases is getting increased in Spain for the past few days. The UK has removed Spain from the list of countries deemed safe to travel. The S&P futures are trading weak and lost more than 0.80%. It is currently trading around 3226.
The near-term resistance to be watched is 6170, and any violation above will take the index till 6197/6245/6282. Significant trend continuation only if it crosses 6352.
The immediate support is around 6000, an indicative violation below targets 5900. Bearish continuation only if it breaks below 5891.
It is good to sell on rallies around 6100-05 with SL around 6170 for the TP of 5935.


Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level
FxWirePro: NZD/USD firms as Kiwi gains on strong ANZ business outlook data
FxWirePro: GBP/USD rises as soft US data pressures dollar
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ CNY hits one-month low,scope for futher downside
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict
FxWirePro- Woodies pivot (Major)
FxWirePro: AUD/USD dips below lower range, bearish bias increases
Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed
FxWirePro: USD/CAD slips after Fed holds rates steady
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision 



