FTSE 100 wave analysis – Forex action


FTSE 100: ⬆ Purchase

  • FTSE 100 was reversed from the principle assist degree 8425.00
  • It’s more likely to rise to the resistance degree 8832.00

The FTSE 100 index was just lately mirrored in the principle assist degree 8425.00, which is a earlier robust resistance final yr, which stopped a number of upward pulses from Might to December and will be seen from the FTSE every day graph under.

Assist degree 8425.00 has been strengthened by the decrease every day Bolinger vary and 50 % of Fibonacci’s sharp protection correction from December.

Given the clear upward pattern, the FTSE 100 index is predicted to rise to the next resistance degree 8832.00 (which mirrored the earlier waves 3 and B).

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2025-03-18 02:34:20

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