Stock index FTSE 100 is trading at 7495.1. FTSE 100 continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in the Stock index FTSE 100. A test of the signal line area near the 7430.0 level is expected, from which it is expected to try to grow and develop a bullish trend at the Stock index FTSE 100 near the level of 7580.0.
FTSE 100 forecast & analysis on May 23, 2017
Earlier, a medium strength signal was obtained for the purchases of the index FTSE 100, due to the crossing of the signal lines at the level of 7241.0. The cancellation of the growth of quotations of the Stock index FTSE 100 will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below the area of 7330.0, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations of the Stock index FTSE 100 stands with the breakdown of the local maximum area at the level of 7550.0.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
