UK100 has broken through a line of 6525.5000 which it has tested numerous times in the past. We have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 6401.4502 can be expected within the next 3 days.
Related Posts
CAC 40 hits 8059.7 after a 3.71% move spanning 10 days
Those of you that are trend followers are probably eagerly watching CAC 40 to see if its latest…
ASX 200 has broken through a resistance line. It has touched this line numerous times in the last 6 days.
The breakout of ASX 200 through the 8496.4004 price line is a breach of an important psychological price…
A Channel Up has formed, DAX 40 is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
An emerging Channel Up has been detected on DAX 40 on the 30 Minutes chart. There is a…