FxWirePro
Long

FTSE100 trades well above 6625, jump till 6866 likely

FX:UK100   FTSE 100 Index
96 0 10
Major resistance- 6625 (127.2% retracement of 6431 and 5727)

The index has broken major resistance around 6625 and jumped till 6696. It is currently trading around 6676.

Minor term trend is slightly bullish as long as support 6513 (7 day EMA ) holds.

On the higher any break above 6625 confirms minor bullishness, a jump till 6866 is possible.

The minor weakness can be seen only below 6512 and any violation below targets 6465/6405 in the short term.

Short term trend reversal only below 6430 (Jul 6th             low).

It is good to buy at dips around 6635-6640 with SL around 6513 for the TP of 6865


EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out