The price of UK100 in heading back to the support area. It is possible that it will struggle to break through it and move back in the other direction. The price may eventually break through, but typically the price retreats from the level a number of times before doing so.
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CAC 40 seems to be on its way to resistance – a possible opportunity?
CAC 40 is heading towards a line of 7845.1001. If this movement continues, the price of CAC 40…
FTSE 100 moves higher to 8830.28 in the last 65 days.
FTSE 100 hits 8830.28 after a 15.02% move spanning 65 days.
Because CAC 40 formed a Triangle pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
CAC 40 is approaching the resistance line of a Triangle. It has touched this line numerous times in…