The FTSE 100 struggles as the UK plans to ban Russian energy imports. On the daily chart, a break below the demand zone (6850) wiped out 11-months worth of gains and signaled a strong bearish bias. The RSI’s oversold situation may cause a temporary rebound, but a bearish MA cross could attract more selling interest. […]
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Discover our Weekly Market Outlook, exploring themes and events that forged financial flows throughout the week. This week saw the commencement of large wartime impacts on volatility. With the FOMC coming up, it’s not easy Read more…