The FTSE 100 had a slightly positive session on Friday, as we continue to reach to the upside. The 7000 level above is going to be slightly resistant, but
The FTSE 100 had a slightly positive session on Friday, as we continue to reach to the upside. The 7000 level above is going to be slightly resistant, but given enough time I think that every time we pull back the buyers will return to a market that looks very bullish. I will not sell this market I believe that every time we pull back, it offers the kind of value that you need in these markets. I believe that we will eventually break out to a fresh, new high and I have a target of 7250 over the longer term.
Being FXEmpire’s analyst since the early days of the website, Chris has over 20 years of experience across various markets and assets – currencies, indices, and commodities. He is a proprietary trader as well trading institutional accounts.