– FTSE 100 reversed from resistance level 7528.00
– Likely to rise to resistance level 7600.00
FTSE 100 index recently broke the resistance level 7528.00 (top of the pervious impulse wave i), intersecting with the resistance trendline of the daily down channel from April.
The breakout of the resistance level 7528.00 accelerated the active short-term impulse wave iii.
FTSE 100 index can be expected to rise further toward the next resistance level 7600.00 (which coincides with the daily down channel from April).
- EURCAD reversed from pivotal support level 1.4900 - Likely to rise to resistance level…
- EURUSD reversed from support level 1.1030 - Likely to rise to resistance level 1.1200…
The unwinding of the carry trade in the FX market continues, with the major safe…
Market Picture The pressure on risk assets continues, pushing the crypto market capitalisation back below…
- AUDUSD reversed from support level 0.6700 - Likely to rise to resistance level 0.6800…
- Gold reversed from support level 2475.00 - Likely to rise to resistance level 2535.00…
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