FTSE 100 Analysis – April 30 FTSE 100 is showing signs of a potential reversal as bearish indicators dominate the market sentiment. The Stochastic Oscillator is deeply overbought, hovering around 98, which points to fading bullish momentum. This reading, combined with the recent sharp rally in price, indicates a probable pullback or reversal. The 9-day […]
FTSE 100 Analysis – April 23 FTSE 100 is approaching a likely rejection at the $8,600 supply zone. The Relative Strength Index (RSI) currently stands at 54, reflecting neutral momentum slightly above the midpoint of 50. While this does not signify overbought conditions, it indicates that the recent bullish momentum is weakening. Moreover, the 9-day […]
FTSE 100 Analysis – April 16 FTSE 100 is nearing a key resistance level amidst a significant pullback. On the daily timeframe, early signs of bearish momentum are emerging, as reflected in the indicators. The 9-day Simple Moving Average (SMA) has begun to flatten around $7,980, following the recent strong upward retracement. At the same […]
FTSE 100 Analysis – April 9 FTSE 100 has broken clearly below key support levels. The 9-day Simple Moving Average (SMA) is currently positioned at $8,260 and is sloping downward, indicating strong bearish momentum. The price has closed well below this SMA, confirming that sellers remain in control. The Stochastic Oscillator is in the oversold […]
FTSE 100 Analysis – April 2 FTSE 100 is exhibiting early bearish signals, pointing to a possible downside risk. The index is currently trading below the 9-day SMA (Simple Moving Average) at approximately $8,620, highlighting a decline in bullish momentum. The RSI (Relative Strength Index) is around 35, indicating that the index is approaching oversold […]
FTSE 100 Analysis – March 26 The FTSE 100 index maintains its bullish momentum, consistently trading above the 9-day Simple Moving Average (SMA) at $8,660. The MACD (Moving Average Convergence Divergence) indicator has shown a slight bullish crossover, indicating potential for continued upward pressure. The MACD histogram’s movement toward positive territory reflects increasing buying momentum, […]
Market Analysis – March 20 Gold exhibits strong bullish momentum with the potential for higher targets. The 9-day Simple Moving Average (SMA) is positioned at $2,980, serving as immediate dynamic support for the ongoing bullish structure. The Relative Strength Index (RSI) is at 73.82, signaling overbought conditions, yet the bullish trend remains intact. The price […]
FTSE 100 Analysis – March 19 The FTSE 100 continues to show signs of sustained bullish momentum. Since November 2024, the index has consistently formed higher highs and higher lows. At present, it is trading above the $8,620 9-day Simple Moving Average (SMA), indicating a favorable short-term trend. Furthermore, a bullish crossover of the MACD […]
FTSE 100 Analysis – March 12 FTSE 100 is poised for a bullish reversal following a liquidity sweep. Currently trading around $8,540, the 9-day SMA is positioned at $8,690, reflecting short-term bearish pressure. The Stochastic Oscillator is hovering at 14, signaling oversold conditions and a potential turning point. This suggests that selling momentum may be […]
