FTSE Technical Analysis: Damaging Week Paves Path for More Selling
The footsie was rejected from a major area of resistance, forms lower swing-low into support zone; not looking for it hold as more than a spot to bounce from.
The footsie was rejected from a major area of resistance, forms lower swing-low into support zone; not looking for it hold as more than a spot to bounce from.
Implied volatility has been rising materially in recent sessions, cable flirting with break of support and a sell-off.
The combination of current sentiment and recent changes gives us a stronger EURUSD-bullish contrarian trading bias.
The combination of current sentiment and recent changes gives us a further mixed Spot Gold trading bias.