Thursday, October 15, 2026

Technicals

Add as a preferred source on Google

FxWirePro: FTSE100 struggles to close above 6200, good to sell on rallies

Major resistance -6220 Major support -6100 (trend line joining 5494 and 5628) FTSE100 has retreated after making a high of 6219. It is currently trading around 6161. Short term trend is slightly weak as long as resistanc…

By Lis Howell
1 min read
FxWirePro: FTSE100 struggles to close above 6200, good to sell on rallies
Image from the original EconoTimes article

Read the original article

  • Major resistance -6220
     
  • Major support -6100 (trend line joining 5494 and 5628)
     
  • FTSE100 has retreated after making a high of 6219. It is currently trading around 6161.
     
  • Short term trend is slightly weak as long as resistance 6220 holds.
     
  • Any break above 6220 will take the index to next level 6300/6325 ins short term.
     
  • On the lower side major support is around 6100 and break will drag the index down till 6040/6000/5945.

It is good to sell on rallies around 6165-6170 with SL around 6220 for the TP of 6045

 

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560

By FxWirePro Team