The FTSE as you can see fell rather hard during the course of the session on Wednesday, as we continue to see weakness in Europe overall. However, we feel
The FTSE as you can see fell rather hard during the course of the session on Wednesday, as we continue to see weakness in Europe overall. However, we feel that it’s only a matter time before the buyers get back involved in this market, so we are looking for supportive candles in order to start going long yet again. We believe that the market is going to continue to be fairly tight though, because we are in the dead of summer and of course liquidity is going to be an issue. With this, we have to remain patient.
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.
