The FTSE as you can see broke down during the day on Tuesday, testing the bottom of the hammer from Monday. With this, the market looks as if it is going
The FTSE as you can see broke down during the day on Tuesday, testing the bottom of the hammer from Monday. With this, the market looks as if it is going to try to find support just below though, so on a supportive candle we be more than willing to buy this market. However, with the Claimant Count and that Unemployment Numbers coming out of the United Kingdom today, this could be a rather volatile marketplace to deal with. We will wait till the end of the day to make our decision, as the charts should be much clearer at that point.
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.
