Fri, Apr 26, 2024 @ 03:30 GMT
Facebook Mail RSS Twitter
HomeContributorsTechnical AnalysisFTSE100 Maintains a Base above 6,850

FTSE100 Maintains a Base above 6,850

ThinkMarkets
By ThinkMarkets

Yesterday, we saw the rally continue further to remove the major 6,850 barrier (the neckline for the double-bottom reversal pattern) to see a resumption of the bull trend and to turn the spotlight directly on next resistance at 6,950. Support is initially seen at 6,850 ahead of 6,715.

ThinkMarkets
ThinkMarketshttps://www.thinkmarkets.com/
ThinkMarkets® is a leading broker offering Spread Betting and CFDs on Forex, Indices, Metals and Commodities. With headquarters in London, Melbourne and China, ThinkMarkets® core service includes competitive spreads, free access to charting tools, an award-winning in-house built platform (ThinkTrader™) and multi-lingual customer support 24/6. Derivative products are leveraged products and can result in losses that exceed initial deposits. Please ensure you fully understand the risks and take care to manage your exposure.

Featured Analysis

Load more

Learn Forex Trading

ActionForex.com was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for over a decade. Empowering the individual traders was, is, and will always be our motto going forward.

Contact us: contact@actionforex.com

© ActionForex.com © 2024 All rights reserved.