FTSE |
|
FTSE Dec Contract FTSE has recovered well off the lows of 5081. This morning the market is expecting a stronger open and if we can open towards the 5257 resistance, you should find sellers waiting. However the downside does at this point look to be short lived, and correction should hold 5225. The short term charts are calling for a move higher, thus buyers will be waiting on dips to come into the market and drive the market higher once more. Only a loss of 5217 would see buyers wobble and
Filed under: Technical
Latest Posts
- Canada’s jobs growth likely slowed in February
- Hungary: CPI slowed to 5.7% y/y in February
- Canada: Trade balance remains in surplus in January
- long EURJPY from intraday
- US Session News Summary
- TraderPlanet Daily Currency Analysis
- Dollar declines as trade balance signal easing recovery
- Today’s Live Show: The CFTC Proposal, the Fed and the USD Outlook
- USD mixed, trade deficit narrows as exports decline
- Gold Review
- March 2010 - Cold shower for British pound
- Comprehensive FX and Futures Daily Commentary
- Looming auction and hearty Chinese data hinders bonds
- Currencies calmly accept rampant Chinese growth
- USD lower, China rate hike fears, UK inflation expectations