FTSE 100 Demonstrates a Sustained Bullish Momentum

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, reinforcing the bullish outlook. As long as the price remains above the Moving Average, the bullish structure remains valid.

FTSE 100 Key Levels

Resistance Levels: $8,800, $9,000, $9,200
Support Levels: $8,500, $8,370, $8,110

FTSE 100 Long-Term Trend: Bullish

Price action supports the prevailing bullish sentiment, with the market recently rebounding from the Fair Value Gap (FVG) near $8,500. The recent pullback is expected to find support just below $8,660, aligning with the SMA, as the price continues forming higher lows. Immediate resistance is identified around $8,800, a level that has previously influenced price movement. Sustaining prices above this point would strengthen the potential for further gains toward higher resistance levels.
If the FTSE 100 maintains its current bullish trajectory, the next target will be the psychological level at $9,000. A confirmed breakout above $8,800 would signal a continuation toward $9,200, a key resistance zone. Any subsequent pullback is likely to hold above $8,500. As long as the price stays above this level, the broader bullish trend remains intact.

FTSE 100 Short-Term Trend: Bullish

The FTSE 100 continues to exhibit bullish characteristics, maintaining its position above the critical support zone at $8,500, which aligns with a Fair Value Gap (FVG) and an Order Block (OB) on the 4-hour timeframe. The index is trading above the 9-period SMA at $8,660, reinforcing bullish momentum.
Immediate resistance is seen at $8,800, and a breakout could drive the index toward the $9,000 mark. With forex signals supporting strong market movements, the bullish structure remains valid as long as the price stays above $8,500.

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