UK100 is moving towards a support line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 8 days and may test it again within the next 2 days.
Related Posts
Breach of support could mean a start of a bearish trend on CAC 40
CAC 40 has broken through the support line which it has tested twice in the past. We have…
If you’re short Nikkei 225 you should be aware of the rapidly approaching level of 42997.0000
The price of Nikkei 225 in heading back to the resistance area. It is possible that it will…
Important resistance line being approached by DAX 40. This price has been tested numerous time in the last 3 days
DAX 40 is trapped in a Falling Wedge formation, implying that a breakout is Imminent. This is a…