FTSE, Breaking lower? UK100 / 1D hello traders, welcome back to another market breakdown. FTSE has been reversing down from the All time high, the price probably has finished the pull-back phase, I'll be looking to feed the next leg lower on any spike up. Trade safely, Trader LeoShortby Leo-btm151513
UK100 - Short by High Low Pivot & 2EMAs 06/21/2023* Daily timeframe: New low * Current timeframe: 1- Short trend when Swing Low (1) & EMA 21 under EMA 50. 2- Swing Low(2) is continue & High still under Swing Low (1). 3- Opens a Sell with Stoploss at Highest price (Swing High) between Swing Low (1) & Swing Low (2) (Rule to find Stoploss). a/ Moving stoploss when occurs Swing Low(3), Swing Low(4)(5)... b/ Wait to retest previous swing low if ratio of Reward > Risk (>1). Shortby dinhchien4
FTSE 100 on Decline, Reacting to News about Inflation in the UKCPI (Consumer Price Index) was 8.7% in annual terms (8.4% — forecast, 8.7% last month). Core CPI (excluding prices for food, energy, tobacco and alcohol) rose to 7.1% in annual terms (6.8% — forecast, 6.8% last month). This is the highest core inflation since 1992. News of persistently high inflation may have an impact on the decision of the Bank of England on the value of the interest rate, it will be known tomorrow at 14:00 GMT+3. Recall that in the fight against inflation over the past 18 months, the Bank of England raised the rate from 0.1% to 4.5%. A further increase in the rate, according to CNBC, is fraught with the development of a mortgage crisis. The chart of the FTSE 100 stock index shows negative dynamics. Today, the price of the FTSE 100 fell sharply to the psychological level of 7,500. Note that this happened after testing the level of 7,680, which previously served as support, and now resists the growth of the FTSE 100 index. Perhaps, in conditions of increased volatility against the background of tomorrow's meeting of the Bank of England, the bears will take a new attack on the psychological level 7,500. If successful, the price of the FTSE 100 may drop to the lower line of the descending channel (shown in red). 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.by FXOpen10
UK100UK100 is trading in long term bearish trend. Currently the price is retracing a bit but just about to face a long term declining trendline from Fib golden ratio. Will these confluences push the price to lower side again?by JustTradeSignals1
FTSE Opens with Bearish Bias: Potential for New Bearish ImpulseToday, the FTSE kicked off the market with a bearish bias, as indicated by its opening. After retracing and testing the previous resistance area near 7680, the value of the FTSE appears to have encountered resistance from a dynamic trendline within a broader bearish downtrend. This suggests the possibility of a new bearish impulse taking hold today. It will be interesting to observe how this index performs in the coming days as market conditions unfold.Shortby FOREXN1Updated 9912
Head and shoulderLikely breakout and pull-back retest right shoulder. Wait for confirmation looking long test previous highLongby Mingnhut_SoiDenFX1
UK100 Possible BuyShould we break above 7654.8 price level it's a good buy but right now we failed to break the trendline. When we break the neckline and trendline make sure the 4h and 1d candles closes above the 7654.8 price level. by thobaniinnocent90
UK100 to stall at previous resistance?UK100 - 24h expiry Previous support located at 7550. Previous resistance located at 7600. Trend line resistance is located at 7630. A higher correction is expected. Risk/Reward would be poor to call a sell from current levels. We look to Sell at 7630 (stop at 7660) Our profit targets will be 7530 and 7525 Resistance: 7600 / 7630 / 7650 Support: 7550 / 7530 / 7500 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.Shortby OANDA1
FTSE100 9/JUN/2023UK100 (FTSE 100) index has shown a significant price movement. The price initially formed a resistance level, which has been successfully broken out. This breakout indicates a potential shift in market sentiment. The previous resistance level has now become a support level. This means that traders and investors are now viewing this level as a price floor, where buying pressure may emerge. The price is approaching this support area. Based on historical price behavior, it is likely that the price will rebound or bounce off this support level. This means that buyers could step in and push the price higher from this point. Considering these factors, it is advisable to monitor the price action closely in the support area. Traders may consider potential buying opportunities as the price approaches this level, keeping in mind that a rebound or bounce could occur. Note: This analysis is based solely on technical factors and does not take into account fundamental or macroeconomic aspects that may influence the UK100 index. Technical analysis is not foolproof and market conditions can change rapidly.ULongby DNP-FX3
UK100 UK100 recently make a nice bullish impulse and seems like fail to maintain it. Currently the instrument is looking for Right shoulder. If it successfully form HnS then we are looking for 7550 followed by 7500 to downside.by JustTradeSignals1
UK100 daily analysis We're looking for buys after we break the strong resistances we have and we enter after the retestLongby millionairemaponga1110
UK100 LONG IDEA , Fast scalpLets long this thing. after a FVG HIT and following the market structure ULongby BEFBUNNY0
UK100 - Short by High Low Pivot & 2EMAs 6/1/2023* Daily timeframe: Short * Current timeframe: 1- Short trend when Swing Low (1) & EMA 21 under EMA 50. 2- Swing Low(2) is continue & High still under Swing Low (1). 3- Opens a Sell with Stoploss at Highest price (Swing High) between Swing Low (1) & Swing Low (2) (Rule to find Stoploss). a/ Moving stoploss when occurs Swing Low(3), Swing Low(4)(5)... b/ Wait to retest previous swing low if ratio of Reward > Risk (>1).Shortby dinhchien1
UK100 Long-term longsWe will be looking for long-term longs on this pair. Entries upon pullbacks.Longby Mchenry0
UK ? Right R:R You could make a tighter SL. But I won't Some right some wrong All the best by reazosman0
FTSE100 Double Buy short-term and long-term break-out.The FTSE 100 Index (UK100) has broken below its 1D MA50 (blue trend-line) and is approaching the 1D MA200 (orange trend-line), which is the first short-term Support. The medium-term is the 1W MA100 (red trend-line) and those two are our buy entries for a 7800 Target. This is just under the Lower Highs trend-line from the All Time High (February 16 2023). The 1D RSI is close to the 30.00 oversold barrier and past price action in March 2023 and October 2022 shows that the 2nd break below it, is a Buy Signal. The pattern overall with the Lower Lows in Support and inner Lower Highs, resembles that of December 2021 - May 2022 (so far). As a result, we are only willing to take a long-term buy, if a 1D candle closes above the inner Lower Highs trend-line. In this case we will target 8200. The potential extension towards the end of the year can even be as high as the 1.382 Fibonacci extension (8350) which was where the February 16 2023 High was priced. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Uby TradingShot5513
FTSE Drops Rapidly to April Lows TodayThe FTSE 100 index is rapidly declining on Wednesday morning amid news of another spike in inflation. The Core CPI (excluding energy, food and tobacco prices) reached 6.8%, the highest in over 30 years. Market participants are now almost certain that the Bank of England will raise interest rates at its next meeting. The UK100 chart (a tool that reflects the dynamics of the FTSE 100 index) shows a consistent series of bull failures around psychologically significant levels: 1→ UK100 price failed to settle above 8,000 in February; 2→ UK100 price did not fix above 7,900 in April; 3 → level 7,800 used to be support but is now resisting. The action of the UK100 price today suggests that the level of 7,700 may now also provide resistance in an attempt to increase. If the downtrend strengthens, the FTSE may continue to decline within the channel (shown in blue), reaching its median line (or even the lower border — which would mean a 2023 low). 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.by FXOpen10
UKX-Ftse ? Previous. Had been a rebound area. For certainty in trading. IDK and I don't move the market/index. I just look at history and try to make sense of entry/by sentiment. You are a master in trading when you master your R:R. Try not to trust 100% in any idea.. and pause / ponder the idea if it make sense to risk it. Thou shall not risk all in one trade. All the bestby reazosman1
FTSE UK 100 Short CallFTSE100 printed inverse cup and handle pattern. As US dollar index seems to be bullish and FTSE UK100 seems bearish We can take short position after breakout point with projection price of 7650.00FShortby fahadidrees92Updated 1
UK100:FTSE Rebounds on Double Bottom and Positive UK GDP Data The FTSE has shown signs of a potential price increase after a Double Bottom pattern and Divergence were identified on the 4-hour timeframe. This movement is likely to continue in the direction of the current trend. The recent growth in value can be attributed to positive data from the UK, which showed a 0.1% increase in quarterly GDP in Q1. In addition, both Industrial Production and Manufacturing Production expanded by 0.7% in March.Longby DAY_PROFITS442