Forecast for uk stock market

Forecast for uk stock market

Author: geg_MOPO3 Date of post: 29.06.2017

The FTSE fell significantly during the day on Tuesday, breaking below the level. However, I think that there is a significant amount of support underneath, so given enough time I believe that the buyers will return. Stock Markets Buoyant The stock markets continue to rally around the world as the US stock indexes touch and go beyond their all time highs building on the momentum that came about last week. The Fed did try to put a spoke in the wheel by hiking the rates but the Fed members have been … Continue reading Market Snapshot — A Light Day on The Calendar.

The FTSE gap tire at the open on Monday, but then pulled back to fill that gap, as the level of course is a large, round, psychologically significant number. We bounced from there, and it now looks as the FTSE is going to continue to reach towards the outside.

I believe that … Continue reading FTSE Index Price Forecast June 20, , Technical Analysis. The CAC is the French stock index and the confirmation of the total dominance of Macron in the elections has ensured some sort of stability in the French … Continue reading Market Snapshot — Macron Victory Improves Sentiment.

The FTSE went back and forth during the course of the week, testing the cell the level, and then breaking above the level. Ultimately, we ended up forming a slightly negative candle. I still believe that the level underneath is massively supportive, as it was previously resistive.

This is classic technical … Continue reading FTSE Price forecast for the week of June 19, , Technical Analysis. The FTSE gapped higher at the open on Friday, and then shot towards the level. We have recently … Continue reading FTSE Index Price Forecast June 19, , Technical Analysis. The FTSE broke down significantly during the day on Thursday, breaking below the level. The level of course is an area that is a large, round, psychologically significant number, and that will attract quite a bit of attention.

However, we have not made any significant moves since then, so I think that … Continue reading FTSE Index Price Forecast June 16, , Technical Analysis. Stock Markets Turn Bearish Stock markets are having a difficult time today, after the Fed chose to hike rates in their meeting yesterday.

This was something that was expected and it was also one of the reasons why the stock markets and the investors were a bit cautious leading up to the meeting. With the … Continue reading Market Snapshot — Fed Rate Hike Strengthens Dollar.

forecast for uk stock market

The FTSE initially tried to rally on Wednesday, but found enough resistance near the handle to turn around and break down significantly. A breakdown below the level of course is a negative sign, but we found enough support near the gap from below to bounce a bit. The market looks very volatile … Continue reading FTSE Price Forecast June 15, , Technical Analysis.

The British index initially try to rally during the session on Tuesday but found the level to be a bit too resistive. However, the Monday candle is a hammer and we are starting to see signs of support again. The FTSE rose during the day on Monday, breaking above the level again. By doing so, it shows a resiliency that suggests that we will eventually go towards the handle, and then eventually the level.

I believe that the market continues to benefit from the softening British pound, and therefore I … Continue reading FTSE Price Forecast June 13, , Technical Analysis.

UK House Prices Forecast to , The Debt Fuelled Election Boom :: The Market Oracle ::

The FTSE fell during the week, reaching all the way down to roughly This of course was exacerbated by the surprise UK elections result, but by the end of the week we had broken back above the level, and ended up forming a hammer.

This of course is a very bullish sign … Continue reading FTSE Price forecast for the week of June 12, , Technical Analysis.

The FTSE exploded to the upside during the session on Friday, as the British pound fell apart. This of course is good for the FTSE which is heavily influenced by exports.

The fact that we broke above the level tells me that the market is ready to go higher, although needless to … Continue reading FTSE Forecast June 12, , Technical Analysis. The FTSE had a negative session on Thursday as we continue to sell off in reaction to the fear around the UK Parliamentary Elections.

After all, nobody wants to be caught in a market when some type of shock announcement comes out, and it appears that the market is going to continue to drift … Continue reading FTSE Price Forecast June 9, , Technical Analysis.

forecast for uk stock market

The FTSE initially tried to rally during the day on Wednesday, but found quite a bit of resistance near the handle. We turned back around and fell significantly from there, slicing through the level which had offered support in the past.

The fact that we have done this suggests that perhaps the … Continue reading FTSE Index Price Forecast June 8, , Technical Analysis. The FTSE gapped lower at the open on Tuesday, testing the level. That area has offered a bit of support though as we continue to consolidate.

I would anticipate that buyers will continue to defend this area, and we of course need to fill the gap above. This might be a short-term reaction … Continue reading FTSE Index Price Forecast June 7, , Technical Analysis.

UK FTSE Stock Market Index Forecast

The FTSE fell on Monday, dropping significantly but finding enough support near the handle. I believe that there is a massive amount of support just below though, especially near the level.

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That gives me hope on … Continue reading FTSE Price Forecast June 6, , Technical Analysis. DAX 30 The DAX Index initially dropped at the open on Monday, but spent the rest of the week break out to the upside.

We made a fresh, new, high in the market, and it looks as if pullbacks will continue to be bought as the DAX seems to be very well supported just below … Continue reading Weekly Global Indexes Technical Analysis, Jun 5 — Jun 9. The FTSE had a volatile week, initially reaching down towards the level, and then bouncing off of them to gain again. I believe that the market retains is bullish attitude, and therefore I have no interest in shorting. I believe that a pullback should find plenty of buyers, especially down at the … Continue reading FTSE Price Forecast for the Week of June 5, , Technical Analysis.

The FTSE had a negative session on Friday, dropping down to the hour exponential moving average. We also tested the bottom of the uptrend in channel, so this signifies that the buyers are still very much in control. In fact, I believe that we continue to go higher, as the dips have offered such … Continue reading FTSE Price Forecast June 5, , Technical Analysis. FX Empire - the company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as link result of reliance on the information provided on this website.

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