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UK FTSE 100 closes higher. The other European indices close marginally lower on the day .

UK FTSE 100 closes higher. The other European indices close marginally lower on the day .

The major European indices are closing mostly lower.

The exception is the UK FTSE 100 which is closing higher by about 0.25%.

Looking at the hourly chart of the UK FTSE 100, the price is closing near its highs and also just below its 100 hour moving average at 7787.49. The closing prices at 7787.36. Getting above that moving average will increase the bullish bias in the short term.

The low price and today reached down to 7718.33. At the time, that was above its rising 200... Read More

Posted: Jan 30 2023, 16:39
Author Name: forexlive
Views: 110137

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