Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more
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 such move was the breakthrough above the 7603.600 level, which marked a significant milestone for the buyers.
Prior to that, in January, there was a pullback from the 7391.300 level, followed by a fresh move towards higher ground. These actions by the bulls indicate their strong intent to command a breakthrough in the market.
FTSE100 Price Levels
Resistance Levels: 7985.600, 7793.200
Support Levels: 70.600, 7391.300
FTSE100 Long-Term Trend: Bullish
To confirm the bullish trend, buyers will need to successfully breach the 7793.200 significant zone on the daily charts. Last week, there was an attempt by the buyers to demonstrate their strength and break through, but it resulted in a breakdown due to rejection. However, it is important to note that rejection does not necessarily indicate a reversal of the trend. If buyers face rejection, it is more likely that the market will continue its sideways movement.
FTSE100 Short-Term Trend: Bullish
Analyzing the price oscillator indicator, we can observe that the signal line is already gaining momentum once again. This suggests that buyers still have the potential to make further upsurges with greater intensity. However, to pursue these upward movements beyond the 7793.200 price level, buyers need to break out of the current trending range. The trend can be followed on forex signals.
You can purchase Lucky Block here. Buy LBLOCK
Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.
- Broker
- Min Deposit
- Score
- Visit Broker
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
Learn to Trade
Never Miss A Trade Again
Signal Notification
Real-time signal notifications whenever a signal is opened, closes or Updated
Get Alerts
Immediate alerts to your email and mobile phone.
Entry Price Levels
Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.