UK100 has broken through a line of 7500.0000 and suggests a possible movement to 7548.8999 within the next 10 hours. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 3 days.
Related Posts
Supports and resistances are primary concepts of technical analysis. Nikkei 225 is heading for an important price of 45031.0000 – read about what this could mean for the future.
Nikkei 225 is moving towards a line of 45031.0000 which it has tested numerous times in the past.…
After testing the resistance line numerous times, ASX 200 is once again approaching this line. Can we expect a bullish trend to follow?
ASX 200 is heading towards the resistance line of a Channel Up. If this movement continues, the price…
If you’re long FTSE 100 you should be aware of the rapidly approaching level of 9105.0000
FTSE 100 is about to retest a key horizontal support level near 9105.0000. It has tested this level…