FTSE 100 index broke resistance level 8700.00 Likely to rise to resistance level 8900.00 FTSE 100 index recently broke the resistance area between the key resistance level 8700.00 (which stopped the price at the end of January) and the resistance trendline of the daily up channel from December. The breakout of this resistance area accelerated […]
The post FTSE 100 Index Wave Analysis appeared first on Action Forex.
Daily Pivots: (S1) 151.29; (P) 151.91; (R1) 152.63; More… Intraday bias in USD/JPY stays neutral for the moment. Attention stays on 38.2% retracement of 139.57 to 158.86 at 151.49. Strong bounce from there, followed by Read more…
Daily Pivots: (S1) 0.9098; (P) 0.9110; (R1) 0.9127; More… USD/CHF’s consolidation from 0.9200 is still in progress and intraday bias remains neutral. Outlook stays bullish with 0.8956/64 support zone intact. On the upside, firm break Read more…
Daily Pivots: (S1) 1.2341; (P) 1.2381; (R1) 1.2408; More… Intraday bias in GBP/USD’s remains neutral as corrective pattern from 1.2099 is still extending. Stronger recovery might be seen but upside should be limited by 38.2% Read more…