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UK FTSE support & resistance forecast

 
UK Stock Market FTSE very close to important support
Patel (5/26/2008 5:10:59 PM)

UK Stock Exchange FTSE very close to important support 6087.

This is a very important support, once market (FTSE)close below this level next support is 5831 and 5414 and up side resistance is 14392. Write now many indicator indicating market is oversold so it can jump from 5831 or 5414.



European Stocks Fall as U.S. Takes a Holiday Amid Climbing Covid-19 Cases
(Fri, 03 Jul 2020 13:50:00 +0000)
European stocks were set to break a four-session win streak on Friday, with upbeat economic data overshadowed by persistent worries about rising virus cases in the U.S.
London stocks struggle while U.S. markets are closed for July 4 holiday
(Fri, 03 Jul 2020 13:26:00 +0000)
London stocks fell on Friday, with the index set to underperform its European rivals for the week, as weak oil prices weighed on major energy names, and alongside concerns that next week’s summer statement from the U.K. Chancellor will lack big tax cuts.
European stocks lifted by data, but U.S. holiday keeps a lid on action
(Fri, 03 Jul 2020 09:17:00 +0000)
European stocks were set to break a four-session win streak on Friday, with upbeat economic data overshadowed by persistent worries about rising virus cases in the U.S. That is as a holiday Stateside was set to keep a lid on trading volumes.
UK dividends: shaky foundations
(Fri, 03 Jul 2020 03:35:24 +0000)
On Friday property group Land Securities, having reopened its retail properties, revealed plans to reinstate dividend payments in November. It is one of about half the FTSE 100 businesses that have either cancelled, reduced or suspended payouts this year. It is little surprise that dividend payers more exposed to economic gyrations have cut harder.
  


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