Advertisement
Advertisement
FTSE 100 Index Price Forecast September 7, 2017, Technical Analysis
Updated: Sep 7, 2017, 04:13 GMT+00:00
The FTSE 100 had a volatile session during the Wednesday session, dropping down to the 7320 handle, but then turned around and bounced to show signs of
PREMIUM
Read what the experts are trading this weekExclusive analysis from FXEmpire top analysts — curated insights you won't find on the free site.In-depth analysis
Curated reports
Top analysts
Unlock Premium
The FTSE 100 had a volatile session during the Wednesday session, dropping down to the 7320 handle, but then turned around and bounced to show signs of life. If the market reaches towards the 7400 level, that would be the next barrier. I still believe that the 7300-level underneath is massively supportive, so I don’t have any interest in selling into we break down below there, which is something that I don’t see happening. I believe that we remain somewhat range bound, but with a positive bias in general going forward.
FTSE 100 Video 07.9.17
About the Author
Christopher LewisSenior Analyst
Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website’s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence.
Advertisement