Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishFTSE 100 (UKX) is in an uptrend as price breaks above the moving averages but unable to break recent high. The uptrend is facing resistance at level 7600. The index is falling because of the rejection at the recent high. Besides, […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BearishFTSE 100 (UKX) is in a downtrend but it implies that the selling pressure is likely. Presently, UKX is above the 50-day SMA but below the 21-day SMA. This implies that the index is likely to be range-bound between the moving […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishFTSE 100 (UKX) is in an uptrend as it faces rejection at level 7600. The index has reached the high of $7,615 and pulled back. The uptrend has continued on the upside. Meanwhile, on December 8 uptrend; a retraced candle body […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishFTSE 100 (UKX) has continued its upward move as it targets level 7700. The index price has continued to make a series of higher highs and higher lows. Meanwhile, on December 8 uptrend; a retraced candle body tested the 50% Fibonacci […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishFTSE 100 (UKX) is in an uptrend as it targets level 7763.30. The bulls have broken the resistance at level 7400. Buyers have broken the resistance, resisted it, before resuming upward. The current uptrend has reached level 7516.86. Further upsides are […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishFTSE 100 (UKX) is rising as it may resume uptrend. UKX price breaks above the moving averages. Today, buyers are attempting to break above level 7400 resistance. Since November 11, the overhead resistance level is yet to be broken. Presently, the […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishFTSE 100 (UKX) has broken above the moving averages as it attempts to breach level 7400. The implication is that the index will rise to the upside. Since November 11, buyers have failed to keep the index price above level 7400. […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BearishFTSE 100 (UKX) has fallen below the moving average after retesting the resistance at level 7360. In the previous price action, on November 11, the bulls were repelled at level 7360. The index plunged to level 7200 and later to level […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishFTSE 100 (UKX) is in an uptrend. Buyers have pushed UKX above the moving averages. The uptrend has reached and retested the resistance level at 7400. FTSE 100 is facing rejection at the previous high. If UKX declines, it will retrace […]
