FTSE100 in downward channelshort term downward trend with support line at 7250Shortby UnknownUnicorn5473731
UK100 to stall at doji?UK100 - Intraday - We look to Sell at 7520 (stop at 7545) The current move lower is expected to continue. Rallies continue to attract sellers. Risk/Reward would be poor to call a sell from current levels. A move through 7475 will confirm the bearish momentum. The RSI is trending lower. Our profit targets will be 7445 and 7425 Resistance: 7500 / 7520 / 7550 Support: 7450 / 7425 / 7400 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 OANDA2
UK100 Bullish DivergenceBullish Divergence formed on UK100 30mins, place your buy stop or wait for LH to break. Manage your Risk Accordingly!by mashhood4871
FTSE Elliott Wave Analysis for Friday 23/06/2023In the higher timeframe we are probably doing a pullback. Also the lower timeframe looks bearish. For today, we see an opportunity to long (against the main direction). A safer option is to wait for the pullback and then go short (with the main direction).08:57by AndyCuckoo0
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
FTSE Elliott Wave Analysis for Thursday 22/06/2023The FTSE is moving again. We see a potential long trade for today (against the higher timeframe direction).11:39by AndyCuckoo0
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
FTSE Elliott Wave Analysis for Wednesday 21/06/2023The FTSE is moving again. Depending on what the market gives us, we see a potential long trade for today (against the higher timeframe direction). 04:52by AndyCuckoo0
Short UK100 19 Jun'23Risk control was there, a bit of FOMO on the entry Trap was perhaps too small or needed to be cognizant of bigger trap prints. This reduced confidence in the trade Location made sense Flow made senseShort04:25by RA-AHUpdated 1
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 Elliott Wave Analysis for Monday 20/06/2023The FTSE is refusing to move. We advise traders not to touch it. Let's just wait for better price data.03:56by AndyCuckoo0
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
FTSE Elliott Wave Analysis for Monday 19/06/2023The FTSE is refusing to move. We advise traders not to touch it. Let's just wait for better price data.06:47by AndyCuckoo1
Head and shoulderLikely breakout and pull-back retest right shoulder. Wait for confirmation looking long test previous highLongby Mingnhut_SoiDenFX1
FTSE Elliott Wave Analysis Higher Timeframe (17/06/2023)A pullback in the higher timeframe seems likely. We have 5 waves up as an impulse in the weekly and daily. However, as divergence in the weekly is not really outspoken, a new high is still possible. Investors should wait for the pullback to buy. Traders should analyze the lower timeframe.11:20by AndyCuckoo0
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
Long UK100 16 Jun'23Risk control was weaker; FOMO and playing a LTF setup Risk management during the trade was good Trap was there on the 3m Location was acceptable but with lower margin of safety Liquidity flow alignment was there which goes to show that many imperfect setups work so long as one trades with the overall flow; there was alignment in the HTF and clear signs of rollover without opposing reversal (although that aspect was not explicitly considered during the trade)Long03:14by RA-AHUpdated 1
FTSE Elliott Wave Analysis for Friday 16/06/2023Trading day preparation. The FTSE is refusing to move. We advise traders not to touch it. Let's just wait for better price data.07:30by AndyCuckoo1
FTSE Elliott Wave Analysis for Thursday 15/06/2023Trading day preparation. The FTSE is refusing to move. We advise traders not to touch it. Let's just wait for better price data.07:44by AndyCuckoo0
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