Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishFTSE 100 (UKX) price is in an uptrend but unable to break Level 7700. Since January 2022, buyers have been struggling to break above level 7700 resistance . On each occasion, the index will fall below the moving averages. Meanwhile, on […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishFTSE 100 (UKX) price is in an uptrend as it faces further rejection. The uptrend was stuck at level 7700 resistance zone. The index is retracing from the recent high. Meanwhile, on March 29 uptrend; a retraced candle body tested the […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishFTSE 100 (UKX) price has reached overbought region as it may risk a downward move. Since March 30, the bulls have been struggling to break the recent high. The index will rally above level 7700 if the bulls break the recent […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishFTSE 100 (UKX) price is in an uptrend as it may attain previous high of 7687.27. The market is rising to retest the previous high of level 7687. Presently, UKX has reached the overbought region of the market. There is likelihood […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BearishFTSE 100 (UKX) has resumed upward move as it reaches an overbought region. Buyers are attempting to push UKX above the 21-day line SMA. The index will rise and retest the overhead resistance at level 7600 if buyers are successful above […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BearishFTSE 100 (UKX) price is in a downtrend but battles resistance at 7200. The upward move is hampered because of the overbought condition of UKX. The index has been facing rejection whenever the market reaches above level 7000. On the upside, […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BearishFTSE 100 (UKX) price is in a downtrend but struggles below level 7500. The uptrend is facing resistance at level 7500. Since February 24, the index has been fluctuating below the resistance. A break above level 7500 resistance will catapult UKX […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BearishFTSE 100 (UKX) price has plunged below the moving averages as it faces rejection at level 7500. The index has been fluctuating between the 21-day SMA and the 50-day SMA for the past four days. Today, the bears have broken below […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishFTSE 100 (UKX) has been trading in the bullish trend zone but struggles to break level 7600. On February 10, the uptrend was terminated at level 7700 resistance zone. The index retraced and found support above the moving averages. This is […]
