FxWirePro
Long

FTSE100 trades slightly above 10- day MA, jump till 6950 likely

FX:UK100   FTSE 100 index of UK listed shares
70 0 2
Major resistance – 6772 (10- day MA).

Major support – 6610 (Aug 8th 2016 low).

The index has recovered sharply from the low of 6692 made yesterday. It is currently trading around 6795.

FTSE100 has broken 10- day MA and slight till 6930 (Sep 2nd high)/6956 (Aug 15th 2016 high) is possible.

On the lower side, support stands at 6695 (55- day EMA ) and break below will drag the index down till 6647 (Sep 13th low)/6488 (100-day MA).

It is good to buy on dips around 6775-6780 with SL around 6695 for the TP of 6930/6955
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out