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.
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.
