FTSE 100

The Kiwi(NZD) drives higher The Kiwi(NZD) was in consolidation mode after a break above 0.5600, which confirmed a bullish rally. The previous sell-off revealed a lack of momentum as the price gapped and fell lower towards 0.5500. Now…
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The FTSE (UK100) keeps the high ground The FTSE (UK100) remains bullish as stocks continue to have a positive setting. On the chart, the index shows no sign of slowing down as the 8500 level was broken, with 8750 in sight. Any signs of…
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FTSE 100 (UK) hits multi-month high The FTSE 100 (UK) inched higher as commodity prices rose as prices close in on a record peak. A jump above 8320 might have put the index back on track after a lengthy consolidation. 8200 at the base…
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New Zealand dollar (NZD) breaks lower The New Zealand dollar (NZD) fell lower after breaking the immediate support at 0.5580. The pair hit resistance at 0.5680, and a continuation is indicative of strong follow-through selling. The…
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FTSE (UK 100) holds onto gains The FTSE (UK 100) hits a slight consolidation as investors hold their breath ahead of US payrolls amid growing rate cut expectations. The index so far has held onto its gains after a tentative break above…
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The FTSE (UK 100) seeks support The FTSE (UK 100) continued the global index sell-off as prices hope for some support. The index hit resistance at 8150, and profit-taking by intraday buyers has weakened the momentum. The previous swing…
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FTSE UK100 attempts to bounce The FTSE UK100 seems stuck in consolidation after failing to break through the 8375 resistance. The narrowing consolidation has offered a playground for range trading. The recent bottom, around 8250, is…
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UK 100 (FTSE) continues higher The UK 100 (FTSE) continued to progress ahead of upcoming GDP data. The bounce to the recent high at 8370 has met stiff selling pressure as previously trapped buyers exited the market with minimal losses.…
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GBPUSD remains pressured Cable price saw a small advance come to a halt after failing to move past the 1.2600 area. The Cable price is treading above 1.2500, and is looking for some firm support. 1.2580 is the key obstacle to lift before…
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USOIL (Crude WTI) tests support Crude WTI hit a new low to test October’s price zone at 66.80. On the chart, the price was consolidating after another downward shift saw over $4 wiped off the value in recent sessions. While sentiment…
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