The FTSE fell during the course of the session on Friday again testing the 6100 level. This is an area that should continue to show a little bit of
The FTSE fell during the course of the session on Friday again testing the 6100 level. This is an area that should continue to show a little bit of support, but we think the real support is probably closer to the 6000 level. With this in mind, we feel that the market is more than likely going to drift a little bit lower from here, but we are waiting to see whether or not we get a supportive candle in order to start buying again. Ultimately, we have no interest whatsoever in selling at this 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.
