The FTSE initially fell during the course of the session on Tuesday, but then shot straight up in order to get above the 6350 level. With that, the market
The FTSE initially fell during the course of the session on Tuesday, but then shot straight up in order to get above the 6350 level. With that, the market allows opportunities to continue to buy the FTSE, and a move above the 6400 level would be an opportunity to buy for the longer term. If we can get above there, the market should then go to the 6600 level without too many issues. Pullback from here should be buying opportunities as there is without a doubt a significant amount of support all the way down to the 6000 handle.
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.
