- FTSE 100 broke round resistance level 9330.00
- Likely to rise to resistance level 9612.00
FTSE 100 index recently broke the resistance level 9330.00, which stopped the previous impulse waves (5) and (1).
The breakout of the resistance level 9330.00 accelerated the active intermediate impulse wave (3) from September – which then broke the daily up channel from July.
Given the strong daily uptrend, FTSE 100 index can be expected to rise to the next resistance level 9612.00 (target price for the completion of the active impulse wave (3).
- Likely to rise to resistance level 9612.00
FTSE 100 index recently broke the resistance level 9330.00, which stopped the previous impulse waves (5) and (1).
The breakout of the resistance level 9330.00 accelerated the active intermediate impulse wave (3) from September – which then broke the daily up channel from July.
Given the strong daily uptrend, FTSE 100 index can be expected to rise to the next resistance level 9612.00 (target price for the completion of the active impulse wave (3).
Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.