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FTSE

FTSE 2 hour ideaSimilar to my Dax idea just posted, a lot of world equities are bouncing...remember central banks can still cut rates and do QE/stimulus which means there will be nowhere to go for yield except the stock markets. The party might not just be over yet. Similar description to the FTSE as with the DAX, a prolonged downtrend and basing at a support zone. We had a wedge and broke above the resistance zone and even the previous lower high swing. 7375 zone is a flip zone you should watch and then 7575 above.
OANDA:UK100GBPLong
by Uncharted-FX
FTSE100 OVERVALUED - BULL TRAP - SHORT ITThe FTSE100 index is selling at a P/E of 17.2. This is quite high in a low interest rate, low growth scenario. The UK is in a mess, with Brexit problems, neighboring countries teetering on recession and Boris taking over the leadership. A DCF valuation of the FTSE100 using 3.2% growth, 8.6% discount rate it shows the index is 11% overvalued. I think the German DAX and US markets are going to tank soon, don't be fooled by the cut in interest rates in the US. The ECB can't really cut rates much more with low or negative rates already in Europe. Negative rates are a desperate attempt to inflate a sagging economy, European markets are ripe for a fall. The FTSE100 has jumped up a bit lately, this is a bull trap above the downward sloping trendline. The technicals are hinting at a coming fall. If you do short, I'd prefer to short the DAX as it has a lot foreign trade exposure with its auto industries. However, for those watching the FTSE100 index, a short now could be a winner.
FX:UK100Short
by victorko
Weekly update for GBPUSD, Brexit is at the doorThose who have been following the latest Pound trades will know we are already on the sell-side here. Here is the latest wave count on the weekly chart, we are playing the range set between 50.0% - 76.4% of the retracement leg since the January 2016. Dollar strength is coming via yields so we have large money on the move here, the leg will be fast and furious. Please leave a like and check out the other trades on the Tradingview portfolio. Thanks and good luck!
Short
by ridethepig
14
UK100 - Remains under pressureOANDA:UK100GBP FX:UK100 UK100 - Intraday - We look to Sell at 7500 (stop at 7525) The previous day's bearish engulfing candle led to further selling yesterday. Previous support level of 7475 broken. The overnight dip has been bought into and there is scope for further bullish pressure going into this morning. The reaction higher is positive, however, we view this as an opportunity to set shorts in line with the overall bearish move lower. Further selling is expected to follow with the hourly Ichimoku cloud and our bespoke resistance (7500) offering incentive. Our profit targets will be 7425 and 7400 Resistance: 7500 / 7525 / 7540 Support: 7460 / 7425 / 7400
OANDA:UK100GBPShort
by Signal_Centre
3
FTSE 100 - Long We are currently long the FTSE 100 which has dropped over the past day on the back of Boris Johnson's appointment and the subsequent strengthening of the pound. The pound strengthened as the market hopes that initial comments by Michel Barnier the European Union's Chief Negotiator would open the door to positive negotiations between the UK and the EU. However, we believe that with the UK set to leave the EU on the 31st of October there will be pressure on sterling in particularly GBP/USD which would be positive for the FTSE100 as a large proportion of profits for FTSE 100 companies are made in dollars. Therefore we are long and will look to add to our long position just above the 7298 Fibonacci level with a view towards starting to take profit above 7700.
FOREXCOM:UK100Long
by KQMarkets
FTSE - Stalled just in front of our entry level. Good enough?DAY TRADE - EXPIRES AT 9PM We were looking for a dip to buy today but the market appears to have stalled in front of our entry level. Is this good enough reason to get long? Overall we remain bullish. Trade Idea The overnight rally has been sold into and there is scope for further bearish pressure going into this morning. Bespoke support is located at 7465. Negative overnight flows lead to an expectation of a weaker open this morning. As this corrective sequence continues we look to set longs on a dip at better risk/reward levels. Further upside is expected although we prefer to set longs at our bespoke support levels at 7465, resulting in improved risk/reward. We look to Buy at 7465 Stop: 7425 Target 1: 7545 Target 2: 7600
OANDA:UK100GBPLong
by Signal_Centre
2
FTSE - Buying dips to trend supportTrade Idea The medium term bias remains bullish. Bespoke support is located at 7470. We look for a re-test of the upward trending support. There is scope for mild selling at the open but losses should be limited. Preferred trade is to buy on dips. We look to Buy at 7470 Stop: 7440 Target 1: 7560 Target 2: 7650 Trade ideas & daily market report July 9th 2019 Market highlights Reduced expectations of aggressive Fed easing continued to support the US currency during Monday, although ranges were narrow. Equity markets lost ground as expectations of aggressive Fed rate cuts declined further. Demand for the yen and Swiss franc weakened slightly as US bond yields edged higher with the Euro also unable to make headway. Gold prices also declined as bond yields increased and the dollar maintained a firm tone. Oil prices gained some support from Iran tensions, but failed to hold gains. Commodity currencies were unable to make headway amid a solid US currency tone with Sterling also losing ground. Bitcoin pushed above $12,000 which helped trigger further buying.
FX:UK100Long
by Signal_Centre
FTSE - Buying a move lower to supportTrade Idea We have a Gap open at 7567 from 05/07/2019 to 07/07/2019. Bespoke support is located at 7470. We look for a re-test of the upward trending support. There is scope for mild selling at the open but losses should be limited. Preferred trade is to buy on dips. We look to Buy at 7470 Stop: 7440 Target 1: 7560 Target 2: 7650 Daily market report July 8th 2019 Market highlights Headline June US employment data beat consensus forecasts with an increase of 224,000 in non-farm payrolls, although other data was slightly weaker than expected. Bond yields recovered sharply following the data on a shift in Fed expectations, although there was a partial reversal on Monday amid fragile risk conditions. Equities declined in Asia on Monday amid reduced expectations of aggressive Fed rate cuts The dollar advanced strongly following the employment release, although it failed to hold its best levels. The Canadian dollar also pared initial losses from a headline dip in June employment with commodity currencies also recovering some losses. Gold declined sharply on dollar gains with a dip below $1,400 per ounce before a tentative recovery amid weaker equity markets. Oil prices were supported by reduced fears over global demand conditions.
FX:UK100Long
by Signal_Centre
FTSE 100 - Awaiting a corrective move to get longTrade Idea Prices are extending higher from the bullish flag/pennant formation. Positive overnight flows lead to an expectation of a firm open this morning. Bespoke support is located at 7530. The continuation higher in prices through resistance has been impressive with strong momentum and shows no signs of slowing. Preferred trade is to buy on dips. We look to Buy at 7530 Stop: 7500 Target 1: 7630 Target 2: 7700 It’s a US holiday today so expect quieter markets today.
FX:UK100Long
by Signal_Centre
FTSE 100 - Extending higher from the bullish flag patternFX:UK100 , OANDA:UK100GBP , TVC:UKX Trade Idea Prices are extending higher from the bullish flag/pennant formation. Positive overnight flows lead to an expectation of a firm open this morning. Bespoke support is located at 7460. The continuation higher in prices through resistance has been impressive with strong momentum and shows no signs of slowing. Preferred trade is to buy on dips. We look to Buy at 7460 Stop: 7430 Target 1: 7560 Target 2: 7600
FX:UK100Long
by Signal_Centre
FTSE UK Stock Index ( 7,190 is a very strong support)Updated View On FTSE (16 Apr 2019) Back Ground: The bullish "immediate" momentum has definitely slowed. There may be pullback along the way. Watch out the region of 7,190 regions as it may act as strong support. Target(s): Neutral SHTF: It will use 7170 to 7190 as strong support region. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
OANDA:UK100GBP
by SonicDeejay
FTSE Outlook is increasingly bullish - Video analysisFTSE 100 TVC:UKX FX:UK100 OANDA:UK100GBP Weekly - Expanding wedge, bullish outside week posted. Daily - Invalidated the head and shoulders setup that threatened to send the market lower. 4H - Bullish flag pattern completed with a measured move target at 7708. Potential inverse head and shoulders forming also. Outlook is bullish - We will be looking to buy dips with an ultimate target of 7708. Worth noting potential overhead resistance at the 78.6% Fibonacci level at 7433 and the previous highs at 7529. Good luck!
FX:UK100Long
by Signal_Centre
FTSE 100 Index Chart (UKX) Bullish & Bearish ScenariosHello my dear readers, here we would like to take a look at two different scenarios FTSE 100 Index Chart (UKX). Let's start with the bearish scenario because this is the one that is in play right now... Feel free to hit like to show your support. Looking at the chart above, we can notice a huge descending channel (bold brown dashed line) and we have two rising wedges. The first rising wedge resulted in very strong drop after the FTSE 100 broke below EMA10, this is marked with a red arrow. The second rising wedge is in play now and the FTSE 100 already broke and closed below on EMA10 (green), EMA50 (magenta) and EMA100 (blue) lines. Taking this into consideration and the bearish indicators, MACD and RSI, the FTSE 100 Index has high probabilities to continue falling, this is represented with another red arrow. The dashed green and red lines at the bottom represent the last low and strong support. Conditions for change: Now we take a look at the bullish scenario. If the FTSE 100 (UKX) can break above EMA10, it has the chance to continue going up. Any trading below this indicator and the bearish potential remains. We believe based on the chart as it is now, that the FTSE 100 can continue falling. Thanks a lot for reading. This is Alan Masters. Namaste.
TVC:UKXShort
by AlanSantana
Elliott Wave View: Short Term Support in FTSEShort term Elliott Wave view in FTSE calls the move lower to 7150.9 on May 13 as wave A. This suggests that the move lower from April 23 is unfolding as a zigzag Elliott Wave structure. Wave B bounce is currently in progress to correct cycle from April 23 high before the Index turns lower. Internal of wave B is unfolding as another zigzag Elliott Wave structure in lesser degree. Up from 7150.9, wave ((a)) ended at 7360.34 and wave ((b)) ended at 7267.84. Wave ((a)) unfolded as 5 waves where wave (i) ended at 7264.18 and wave (ii) ended at 7223.08. Index then resumes higher in wave (iii) which ended at 7353.51, wave (iv) ended at 7307.33. and wave (v) of ((a)) ended at 7360.34. While short term dips stay above 7269.33, expect Index to extend higher. Potential target for wave ((c)) of B comes at 100% – 123.6% extension of ((a)) which is 7477.9-7527.39. Index also should not break above May 13 at 7528.93 or else it will open further upside. If Index instead breaks below 7267.84, then either wave ((b)) is unfolding as an expanded Flat structure or wave ((c)) of B truncates and Index has turned lower.
TVC:UKXLong
by Elliottwave-Forecast