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FTSE 100 – on the sidelines

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 4, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FTSE 100 Technical Analysis: Daily Chart Momentum: MACD: Sell RSI: Neutral Stochastic: Buy signal Daily Price Action Trend: Neutral Last relevant high: 6,237.0 Last relevant low: 5,845.5 Comment: The FTSE closed lower Friday in a volatile session dominated by the US non-farm payrolls and a fall oil prices. It is hard to put much technical relevance on a non-farm session as the way the US reacts after Europe closes will have a major effect on the direction of the market. Therefore it seems to

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