FTSE 100 Forecast for the week of August 27, 2012, Technical Analysis
Add a comment
Technical Reports
To learn more click here
The FTSE 100 Index had a rough five sessions as the London index suffered as the “risk off” trade seems to be coming back into play. We do see the 5700 level below as support though, and as such we think this is a limited move. In fact, on a supportive candle at the 5700 level, we are more than willing to go long of high beta British stocks. In order to sell this market, we need to see the 5700 level give way, and truthfully there is a lot of support below there that makes us fairly nervous of going short anyways.
FTSE 100 Forecast for the week of August 27, 2012, Technical Analysis
EUR/USD Mid-Session Analysis for May 20, 2013
AUD/USD Fundamental Analysis May 21, 2013 Forecast
Gold Continues To Tumble As US Data Gives Sentiment A Boost
Gold Fundamental Analysis May 21, 2013 Forecast
Christopher is a part of the FXEmpire.com analysis team. He writes Forex and Commodities technical analyses on daily and weekly basis. Christopher writes his analyses in a professional and yet simple to understand manner. His analyses are available in both text and videos.
View all of FX Empire Analyst - Christopher Lewis's Articles
