FTSE 100 Analysis – March 5 FTSE 100 finds support at a bullish order block in an oversold region. The FTSE 100 Index is currently responding to key technical indicators that suggest a continuation of the bullish trend. The 9-period SMA (Simple Moving Average) at $8,740 indicates that the market remains in an uptrend despite […]
FTSE 100 Gains Momentum Over S&P 500 and Nasdaq FTSE 100 has finally overtaken the S&P 500 and Nasdaq, reversing a long-standing trend where U.S. stocks consistently outperformed their UK counterparts. For over 15 years, investors favored American stocks due to higher returns, but 2024 has seen a shift in market dynamics. The valuation gap […]
FTSE 100 Analysis – February 26 FTSE 100 is exhibiting bullish momentum with key levels in focus. The 9-day Simple Moving Average (SMA) at $8,710 serves as immediate support, reinforcing the prevailing bullish trend. The MACD (Moving Average Convergence Divergence) histogram indicates a decline in bearish momentum, with the signal line at 78.90 remaining above […]
FTSE 100 Analysis – February 19 FTSE 100 is poised for a strong bullish rise toward key resistance levels. The 9-period SMA at $8,750 serves as dynamic support on the FTSE 100 daily chart, displaying robust bullish momentum. The histogram bars are beginning to fade, suggesting a possible brief reversal before the uptrend resumes. However, […]
FTSE 100 Analysis – February 12 FTSE 100 overbought conditions indicate a need for caution, although the overall trend remains bullish. The 9-day Simple Moving Average (SMA) at $8,650 continues to offer dynamic support, reinforcing bullish momentum. The Stochastic Oscillator is currently at 94.42, signaling extreme overbought conditions, which may suggest a short-term pullback. While […]
Goldman Sachs has raised its price forecasts for London’s FTSE 100 and the pan-European Stoxx 600, citing the possibility of a peace deal in Ukraine. The bank now expects the FTSE 100 to hit 9,000 within 12 months. This outlook follows comments from US President Donald Trump, who indicated he would begin negotiations with Vladimir […]
FTSE 100 Analysis – February 5 FTSE 100 is continuing its bullish rally with $8,800 in sight. The index is supported by positive technical indicators, including the 9-day Simple Moving Average (SMA) positioned at $8,570, which acts as a dynamic support level in line with the current trading price. The Relative Strength Index (RSI) stands […]
FTSE 100 climbed on Wednesday, recovering some losses from earlier in the week following U.S. President Donald Trump’s tariff announcements. The London blue-chip index gained 53 points, closing at 8,623—a 0.6% increase. The FTSE had faced declines on Monday and Tuesday amid concerns over potential trade restrictions. However, market volatility subsided after Trump agreed to […]
FTSE 100 Analysis – January 29 FTSE 100 bullish momentum awaits key retracement completion as the price faces downward pressure. The FTSE 100 index is currently trading above its 9-day Simple Moving Average (SMA) at $8,530, indicating an overall bullish trend. The Moving Average Convergence Divergence (MACD) histogram remains in positive territory, with the MACD […]
