FTSE 100 is heading towards 8693.8496 and could reach this point within the next 7 hours. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
Supported by Upward sloping Moving Average
Target: 8693.8496 Entry: 8674.83 Stop: 8662.6689
GBPUSD is moving towards a resistance line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it
Approaching Support level of 66.72 identified at 9/16 08:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 66.72 within the next 4
Broke through Support level of 8,910.0000 at 10/29 09:00. Possible bearish price movement forecast for the next 2 days towards 8,812.3200. Target: 9003.702 Entry: Stop: 8892.9