Daily Market Analysis 25.05.2023: UK100

Instrument: UK100

Technical Analysis

Bullish Preference: 
A buy position is envisaged if the price trades above 7623.3 with take profit at 7635.1
Bearish Preference: 
A sell position is envisaged if the price trades below 7576.7 with take profit at 7565.8
None with High Impact

Major stocks stumbled on Thursday, and the dollar rose as the impasse in negotiations to raise the debt ceiling undermined risky assets on worries about the hit to the global economy if the U.S. government defaults.

Analysis: SCRUM Team

Leave a Comment

Your email address will not be published.

Free Online Class
Select the fields to be shown. Others will be hidden. Drag and drop to rearrange the order.
  • Image
  • SKU
  • Rating
  • Price
  • Stock
  • Availability
  • Add to cart
  • Description
  • Content
  • Weight
  • Dimensions
  • Color
  • Additional information
  • Attributes
  • Custom fields
Wishlist 0
Open wishlist page Continue shopping