London’s leading stock index, the FTSE 100, held onto its gains following a record-setting week, with Monday’s trading continuing the market’s upward trajectory to reach new all-time highs. Strong performances from mining and financial services stocks pushed the FTSE 100 up by 7.2 points, or 0.09%, closing the day at 8,147.03 and marking another record […]
Market Analysis – April 24 FTSE100 price action on the daily chart since November is discernable with a parrel channel. The price fluctuation has shown a high level of sensitivity at the borders and center of the parallel channel. Though the FTSE ascent doesn’t feature neat significant highs, the swing lows are well assembled on […]
Market Analysis – April 17th FTSE100 falls back to the 7787.00 price level. At the moment, the FTSE100 is experiencing a setback, with the price falling back to the 7787.00 level. The sellers are currently attempting to break through this market barrier and push the price even lower. Looking back at the past few days, […]
Market Analysis – April 11th FTSE100 buyers aim for 8000.000 key zones. Over the past week, buyers in the FTSE100 index have been gaining momentum steadily. Their primary objective is to breach the significant level of 8000.000 and continue trading beyond it. The bulls have been charging ahead with determination for quite some time now. […]
Market Analysis- April 4 FTSE100 buyers face heavy blows. The FTSE100 buyers are currently facing a blow as sellers step in, creating a challenging situation for the buyers. Despite their solid attempts in recent weeks, the buyers have failed to breach beyond the key level of 8000.000. However, they did manage to make a breakthrough […]
Market Analysis- March 27th FTSE100 buyers face a minor setback as sellers show interest. The buyers have been on a strong uptrend, with the index making significant gains in the past few weeks. However, their attempt to breach the 7962.000 significant level has been met with resistance from sellers. This has resulted in a minor […]
On Wednesday, the UK’s FTSE 100 fell behind global counterparts, even as takeover announcements propelled two stocks to lead the index. The blue-chip index inched up by only 1.02 points, equivalent to a mere 0.01% increase, concluding at 7,931.98. This lackluster performance occurred despite Diploma and DS Smith witnessing a nearly one-tenth surge in their […]
Market Analysis- March 25th FTSE100 buyers may initiate a breakout towards the 7793.200 key level. Despite the challenges posed by a sideways market, the FTSE100 bulls have shown relentless efforts over the past few months. Their determination to break through key levels has been evident, with notable moves observed since the middle of February. One […]
Market Analysis- March 19th FTSE100 trades towards a crossroad for breakout. This week, the buyers have demonstrated a measure of strength, starting from the key level of 7609.000. Prior to this surge, the index price had been consolidating on neutral ground. However, the bulls made a move with a bullish candlestick, propelling the price up […]
