UK100 has been trading in a sideways move recently. As long as the price stays between 6,290 and 5,960, continued range trading looks to be the base case scenario. Breakout from the range could signal a bigger move. Taking a closer look at the H4 interval, one can see that the price bounded off the local swing level at 6,156 pts, which should act as a key intraday support now.
UK100 H4 interval. Source: xStation5
Europe indices closed Friday's session with mixed sentiments. France's CAC40 gained the most (+1.31%), mainly due to the rejection of proposals...
18:45Mary Daly, the president of San Francisco Fed signalled that the Federal Reserve is ready to raise rates if inflation will become a problem again. Here...
17:51Wall Street extends gains on Friday with US100 0.8% higher; Alphabet 9GOOGL.US) and Meta Platforms (META.US) lead gains among BigTech's. The 10-year...
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