| Technicals

Become a contributor

Bookmark Econotimes

| Technicals

FxWirePro: Forex Daily Update

FxWirePro- Silver Daily Outlook

FxWirePro: GBP/NZD extends drop, 23.6% fib support

FxWirePro- Silver Daily Outlook

FxWirePro- Ethereum Daily Outlook

FxWirePro-

FxWirePro- Crude oil Daily Outlook

FxWirePro- RNDRUSD (Chart of the day)

FxWirePro: EUR/NZD repeatedly capped by key fibo, expect a fall

FxWirePro- Crude oil Daily Outlook

FxWirePro- BTCUSD Daily Outlook

FxWirePro: GBP/NZD capped by the 38.2% fibonacci, good to sell on rally

FxWirePro- Crude Oil Daily Outlook

FxWirePro- Major Pair levels and bias summary

FxWirePro: GBP/NZD downside pressure builds, key support level in focus

FxWirePro:EUR/AUD gains some upside momentum but still bearish

©Econometrics LLC . All Rights Reserved.

FTSE100 faces major resistance at 6210, break above targets 6350

Tuesday, May 17, 2016 7:17 AM UTC

Major support – 6140
Major resistance – 6210 (200 day MA)
FTSE100 has recovered after making a low of 6060 yesterday. It is currently trading around 6183
Minor bullishness can happen only if it breaks above 6210 (200 day 4H MA).
Any indicative break above 6210 will take the index to next level till 6235/6285/6300.
Minor trend reversal only above 6350
On the lower side any break below major support 6140 will drag the index down till 6100/6060.

It is good to buy above 6210 SL around 6140 for the TP of 6350/6430

Editor's Picks

Breathing through your nose when you exercise may make your runs easier

Entrepreneurs are facing a mental health crisis — here's how to help them

Are fish oil supplements as healthy as we think? And is eating fish better?

Will AI kill our creativity? It could – if we don’t start to value and protect the traits that make us human

Does AI have a right to free speech? Only if it supports our right to free thought

How can I lower my cholesterol? Do supplements work? How about psyllium or probiotics?

Why we need to set limits on sperm donation

Aging with a healthy brain: How lifestyle changes could help prevent up to 40% of dementia cases

Seven techniques to avoid weight regain, approved by experts

Market Data

Adidas Unveils Innovative Triple-Red FC Bayern München Kit for 2024/25 Season

FxWirePro: GBP/NZD extends drop, 23.6% fib support

KFC Customers Demand the Return of Original Veggie Burger

Iran is gaining credibility in the Muslim world and feeling emboldened

Levi Strauss Settles Trademark Lawsuit with Brunello Cucinelli

PepsiCo Europe Hires Kraft Heinz CMO to Boost Its Market Presence

TokenPost Launches 3 Cryptocurrency Indices for Market Insight

FxWirePro: GBP/AUD falls below 1.9000 level, bears keep the advantage

AstraZeneca Pulls Out Its COVID-19 Vaccine From Global Markets After Court Docs Shows Side Effects

EconoTimes

Disclaimer: EconoTimes provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and EconoTimes specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Brokerage. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. EconoTimes expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.

FTSE100 faces major resistance at 6210, break above targets 6350

Editor's Picks

Welcome to EconoTimes