FTSE 100

The USDJPY grinds major resistance The Yen extended losses as the dollar train advanced across the board. On the chart, the price is crawling back to its 4-month high of 155.25 as the bulls look to keep the momentum going. In the near…
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FTSE100 Index (UK 100) falls from peak The FTSE100 Index failed to revive its spirits after falling from the recent 8400 level. The index is seeking support around 8250, which is critical to keeping the early month’s rally intact. The…
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GBPUSD pair drifts south Cable remains downbeat as the strength of the dollar is prominent across the board. The RSI’s venture into the neutral area could cause a snap higher if sellers start to take chips off the table. However, bears…
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UK 100 index probes resistance The  UK 100 index (FTSE 100) recoups some losses, and the index so far has found support at 8240 as price action creates a bullish channel, offering buyers some relief. Still, they are not out of the woods…
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Kiwi New Zealand (NZDUSD) attempts to lift The Kiwi New Zealand attempted to stop the freefall after dropping over 100-pips since the beginning of the month. The pair is trying to stabilise above 0.6100 and a bullish RSI divergence…
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Oil WTI (USOIL) finding support Oil WTI found some support after the recent bearish rally, which saw almost $10 wiped off its value. A series of lower lows was a sign of mounting selling pressure, and each dip had been an opportunity for…
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FTSE index(UK 100) grinding higher The FTSE index continued its comeback as progressive bullish waves moved towards 8400. A close above 8000 is another milestone in the two-week-long rebound, signalling an intense lingering bullish…
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FTSE 100 index (UK 100) global indices collapse Global equities saw a continued sell-off as tech stocks crashed. The FTSE 100 index fell back after the sell-off saw a break at the 8300 level. Combining short-covering and buying the dips…
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USD JPY continues recovery The Japanese yen kept the pressure on the greenback as price action continued falling. The pair has fallen over 500 pips, and the bearish mood means that pullbacks have given rise to opportunities for the sell…
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USDCAD tests major support The Canadian dollar advanced over the greenback after CPI data almost confirmed the Fed will cut rates in September. The pair has turned south at 1.3740 from a previous lengthy consolidation on the chart. This…
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