Made in England.. FTSE 100 Triangle BreakoutFinally the long term triangle pattern in blue chip UK stocks has broken - and the weekly chart for the FTSE 100 index is looking very positive.
The breakout weekly candle is a long one with a close right near the highs - showing bulls are well in control of the market.
We can see the triangle break in more granular detail on the daily chart with the break confirmed on Thursday and a strong follow-through move on Friday.
Support is found first at the former all time high (8450-8475) then back at the broken trendline from the triangle pattern.
These support levels define our risk - the price back inside the triangle will inform us the breakout has failed - this time at least.
But if things move as we expect, using the height of the triangle pattern as a price objective from the breakout point, the UK 100 could reach 9,000.
But - as always - that’s just how the team and I are seeing things, what do you think?
Share your ideas with us - OR - send us a request!
Comments welcome :)
cheers!
Jasper
The material provided in this article is for information purposes only and should not be understood as trading or investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Trading Writers and has not been prepared in accordance with the legal requirements designed to promote investment research independence. If you rely on the information on this page, then you do so entirely at your own risk.
UK100 CFD
FTSE 100 Index May Reach 8500FTSE 100 Index May Reach 8500
As shown on the chart of the UK stock index FTSE 100 (UK 100 on FXOpen):
→ It has risen by over 3% in three days;
→ It is near the record high set in May last year and may reach the psychological level of 8500 points.
Bullish sentiment has been supported by yesterday's news of GDP recovery – according to media reports, the economy grew by 0.1% in November 2024 (compared to a previous decline of 0.1%), primarily driven by the dominant services sector.
Technical analysis of the FTSE 100 (UK 100 on FXOpen) chart shows that since mid-2024, the index has predominantly fluctuated within the 8000–8400 range, only briefly moving beyond it, which was accompanied by spikes in the RSI indicator.
The current RSI level indicates strong overbought conditions, making the FTSE 100 (UK 100 on FXOpen) vulnerable to a pullback. Should this occur, it will provide important insights into the strength of demand. This could be assessed by the index’s ability to remain above the 8333 support level and the lower boundary of the ascending channel (marked in blue).
Potential challenges for bulls are highlighted by MT Newswires, which report that analysts forecast higher inflation and weaker growth in 2025, amid expectations of a significant rise in labour costs.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
$GBIRYY -U.K Inflation Rate (December/2024)ECONOMICS:GBIRYY
December/2024
source: Office for National Statistics
-Annual inflation rate in the UK unexpectedly edged lower to 2.5% in December 2024 from 2.6% in November, below forecasts of 2.6%. However, it matched the BoE's forecast from early November.
Prices slowed for restaurants and hotels (3.4%, the lowest since July 2021 vs 4%), mainly due to a 1.9% fall in prices of hotels.
Inflation also slowed for recreation and communication (3.4% vs 3.6%) and services (4.4%, the lowest since March 2022 vs 5) and steadied for food and non-alcoholic beverages (at 2%). Meanwhile, prices decreased less for transport (-0.6% vs -0.9%) as upward effects from motor fuels and second-hand cars (1%) partially offset a downward effect from air fare (-26%).
Also, prices rose slightly more for housing and utilities (3.1% vs 3%). Compared to November, the CPI rose 0.3%, above 0.1% in the previous period but below forecasts of 0.4%.
The annual core inflation rate also declined to 3.2% from 3.5% and the monthly rate went up to 0.3%, below forecasts of 0.5%.
FTSE 100 H4 | Potential bearish breakoutFTSE 100 (UK100) is falling towards a potential breakout level and could drop lower from here.
Sell entry is at 8,217.99 which is a potential breakout level.
Stop loss is at 8,285.00 which is a level that sits above a pullback resistance.
Take profit is at 8,117.18 which is an overlap support.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
UK100 "FTSE 100 Index Cash" Indices Market Bearish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the UK100 "FTSE 100 Index Cash" Indices market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. Be wealthy and safe trade.💪🏆🎉
Entry 📈 : You can enter a Bull trade at any point.
however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest.
Stop Loss 🛑: Using the 2H period, the recent / nearest low or high level.
Goal 🎯: 8380 (or) escape Before the Target
Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Fundamental Outlook 📰🗞️
Based on the fundamental analysis, I would conclude that the UK100 FTSE 100 Index Cash is:Bullish
Reasons:
Strong economic growth: The UK's economy is expected to grow at a rate of 2.0% in 2023, driven by a strong labor market, increasing business investment, and a rebound in the housing market.
Low unemployment rate: The UK's unemployment rate is at a historic low of 3.8%, which is expected to support consumer spending and economic growth.
Increasing corporate earnings: UK companies are expected to report increasing earnings in 2023, driven by a strong global economy and a competitive pound.
Monetary policy support: The Bank of England (BoE) has kept interest rates at a low level of 1.0%, which is expected to support borrowing and spending in the economy.
Fiscal policy support: The UK government has announced a series of fiscal stimulus measures, including tax cuts and infrastructure spending, which are expected to support economic growth.
However, it's essential to consider the following risks:
Brexit uncertainty: The ongoing Brexit negotiations and uncertainty surrounding the UK's future relationship with the EU could impact the UK's economy and stock market.
Global economic slowdown: A slowdown in global economic growth could reduce demand for UK exports and impact the country's economic growth.
Trade tensions: Escalating trade tensions between the UK and other countries, particularly the US and EU, could impact the UK's trade balance and economic growth.
Bullish Factors:
Strong global economic growth, driven by strong consumer spending and investment.
Low interest rates, which can increase demand for stocks and reduce demand for bonds.
Potential for a rebound in the UK economy, driven by a resolution to Brexit uncertainty and a pickup in global trade.
Growing investment demand for UK stocks, driven by their potential for long-term growth and dividend yields.
Diversification benefits of investing in the UK stock market, which can reduce portfolio risk and increase returns.
Market Sentiment:
Bullish sentiment: 70%
Bearish sentiment: 30%
Neutral sentiment: 0%
Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🫂
FTSE (UK100)BIAS: BULLISH
The FTSE(UK100) still ranging between 8400 and 8000... Break range and expect a big move (9K or retest 7800).
That rejection of 8100 makes me bullish bias X 2
If bias was to change
A solid push and resistance found around 8100-8000 would be expected.
Unless specifically timed with a low chance of alteration by external forces, anticipating the exact timing of events is unrealistic.
FTSE 100 bottom formed. Target for Summer 2025 set.FTSE 100 (UK100) is currently on a strong rebound after a mid-December hit-and-hold on the 1W MA50 (blue trend-line). That was a Double Bottom along with the November 11 2024 1W candle Low. At the same time, this rebound is taking place after a test of the 13-month Higher Lows Zone.
In fact, that Zone started during the previous bottom formation on October 23 2023, shortly after the 1W RSI formed a Higher Lows Bullish Divergence. This time the 1W RSI is on Lower Lows but since the 2024 and 2023 fractals are very similar and the 1W MA50 is holding, we expect the bottom to be already priced in.
As you can see, both previous macro Bullish Legs of FTSE's 2-year Channel Up, targeted the 1.382 Fibonacci extension once the previous High (Resistance Zone) broke. As a result, we are now setting 8650 as a Q2 2025 Target.
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FTSE 100 H4 | Pullback resistance at 61.8% Fibonacci retracementFTSE 100 (UK100) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 8,251.42 which is a pullback resistance that aligns with the 61.8% Fibonacci retracement level.
Stop loss is at 8,344.00 which is a level that sits above the 78.6% Fibonacci retracement and a swing-high resistance.
Take profit is at 8,144.36 which is a pullback support.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
UK100 (FTSE) Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast:(Daily TF)
The ascending flag taking shape suggests we will soon see another leg higher.
While the price is above the support 7911.37, resumption of uptrend is expected.
We make sure when the resistance at 8485.05 breaks.
If the support at 7911.37 is broken, the short-term forecast -resumption of uptrend- will be invalid.
A peak is formed in daily chart at 8385.30 on 12/09/2024, so more losses to support(s) 8083.43, 8007.24 and minimum to Major Support (7911.37) is expected.
Trading suggestion:
There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (8007.24 to 7911.37). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.
We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (8007.24)
Ending of entry zone (7911.37)
Take Profits:
8083.43
8183.03
8242.89
8380.25
8485.05
8664.21
8765.00
9000.00
__________________________________________________________________
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Now, it's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Have a successful week,
ForecastCity Support Team
$GBINTR -U.K Interest RatesECONOMICS:GBINTR
(December/2024)
source: Bank of England
The Bank of England left the benchmark bank rate steady at 4.75% during its December 2024 meeting,
in line with market expectations, as CPI inflation, wage growth and some indicators of inflation expectations had risen, adding to the risk of inflation persistence.
The central bank reinforced that a gradual approach to removing monetary policy restraint remains appropriate and that monetary policy will need to continue to remain restrictive for sufficiently long until the risks to inflation returning sustainably to the 2% target in the medium term have dissipated further.
The central bank will continue to decide the appropriate degree of monetary policy restrictiveness at each meeting.
UK100 - shall we enter before the UK MARKET openingTeam, the market is heavily sold off last night
that is the reason why we found an opportunity to enter some long-term position
LONG/BUY UK100 at 8098-8105
adding more at 8076-85
STOP LOSS at 8030 extension to 8015
Target 1 at 8136-45 - please take some partial and bring stop loss to BE
Target 2 at 8165-76
Target 3 at 8193-8215
Bullish bounce?UK100 has reacted off the pivot and could rise to the 1st resistance.
Pivot: 8,062.33
1st Support: 7,995.40
1st Resistance: 8,178.42
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
$GBIRYY -U.K CPI (November/2024)ECONOMICS:GBIRYY
(November/2024)
source: Office for National Statistics
- The annual inflation rate in the UK edged up for a second month to 2.6% in November 2024 from 2.3% in October, matching forecasts.
It is the highest inflation rate in eight months,
with prices rising at a faster pace for recreation and culture (3.6% vs 3% in October),
mostly admission fees to live music events and theaters and computer games;
housing and utilities (3% vs 2.9%), particularly actual rents for housing; and food and non-alcoholic beverages (2% vs 1.9%).
In addition, transport prices fell much less (-0.9% vs -1.9%) as upward effects from motor fuels and second-hand cars were partially offset by a downward effect from air fares.
Meanwhile, services inflation was steady at 5%.
Compared to the previous month, the CPI edged up 0.1%, less than 0.6% in October and matching forecasts.
The core CPI rose 3.5% on the year from 3.3% in October but below forecasts of 3.6%.
On the month, core prices stalled.
Bullish bounce?UK100 is falling towards the pivot that aligns with the 61.8% Fibonacci retracement and could bounce to the 1st resistance.
Pivot: 8,191.43
1st Support: 8,140.90
1st Resistance: 8,284.80
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
UK100 / FTSE100 Indices Market Bullish Heist PlanHi there! Dear Money Makers & Robbers, 🤑 💰
Based on Thief Trading style technical analysis, here is our master plan to heist the UK100 / FTSE100 Indices market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. So Be Careful, wealthy and safe trade.
Entry 📈: Acceptable anywhere; I advise placing buy limit orders within a 15-minute Chart. The entry for the Recent/Nearest Low Point should be in pullback.
Stop Loss 🛑: Using the 3H period, the recent/nearest low level.
Goal 🎯: 8470.0
Scalpers, take note: only scalp on the long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Warning : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.
I'll see you soon with another heist plan, so stay tuned 🫂
Could the price reverse from here?UK100 is reacting off the pivot which has been identified as an overlap resistance and could reverse to the 1st support level which is a pullback support.
Pivot: 8,316.78
1st Support: 8,234.92
1st Resistance: 8,371.78
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bullish bounce?UK100n is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 8,197.93
1st Support: 8,137.06
1st Resistance; 8,297.98
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
FTSE 100 H4 | Approaching swing-high resistanceFTSE 100 (UK100) is rising towards a swing-high resistance and could potentially reverse off this level to drop lower.
Sell entry is at 8,388.22 which is a swing-high resistance.
Stop loss is at 8,444.00 which is a level that sits above the 127.2% Fibonacci extension level and a swing-high resistance.
Take profit is at 8,305.54 which is an overlap support that aligns with the 23.6% Fibonacci retracement level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Bearish drop off pullback resistance?UK100 has reacted off the pivot and could drop to the 50% Fibonacci support.
Pivot: 8,376.10
1st Support: 8,189.17
1st Resistance: 8,478.60
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
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Fraser's Group - negative From the bottom of the pandemic they went from 180 to 995.
In Oct 24 they broke to the downside after forming a triangle pattern from July 22 to Oct 24.
There was no indication that the price would break out to the upside from that pattern.
In technical analysis, the target for Shorters would be 409.
GLA and DYOR. This is not a solicitation to hold or trade.