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FTSE regains the 6400 level

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 19, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FTSE regains the 6400 level By Brenda Kelly Doha meeting? What Doha meeting? Yesterday’s knee jerk decline in oil prices to the disappointing outcome was very quickly reversed as the day wore on. The price of the commodity is also amassing some support from the Kuwait worker strike. Market participants are evidently hoping that this will lead to a smaller global supply glut as around 60% of the country’s production is severely curtailed. This could potentially bring about a fall in output of

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