Stock index FTSE 100 is trading at the level of 7419.5. The FTSE 100 is trading within the Ichimoku Kinko Hyo Cloud, which indicates a flat trend over the FTSE 100. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the 7430.0 level, from which it is expected to test the lower boundary of the Ichimoku Kinko Hyo Cloud near the level of 7365.0.
Index FTSE 100 forecast & analysis on July 18, 2017
Earlier, we received a weak signal for the buying of the exchange index FTSE 100, due to the crossing of signal lines at the level of 7350.0. Consider buying the exchange’s index is with the breaking of the upper boundary of the Cloud Ichimoku Kinko Hyo and closing of quotes above the level of 0.7450, in the case of breaking the lower boundary of the Cloud Ichimoku Kinko Hyo, it is expected to continue the development of the downward trend for the FTSE 100.
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