FTSE 100 has broken through a resistance line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 10 days and suggests a possible target level to be around 8368.1504 within the next 2 days.
Supported by Upward sloping Moving Average
Target: 8368.1504 Entry: 8303.2 Stop: 8259.557
The price of AUDUSD in heading in the direction of 0.6479. Despite the recent breakout through 0.6437 it is possible that it will struggle to gain momentum to the forecast
FTSE 100 is about to retest a key horizontal resistance level near 8313.9004. It has tested this level 5 times in the recent past and could simply bounce off like
DAX 40 is heading towards a line of 18179.8008. If this movement continues, the price of DAX 40 could test 18179.8008 within the next 20 hours. But don’t be so