Apr 15
NVIDIA was moving sideways and downward for a while, indicating no clear trend. Now, the price has bounced strongly from around 164, suggest
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NVIDIA was moving sideways and downward for a while, indicating no clear trend. Now, the price has bounced strongly from around 164, suggest
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The FTSE 100 (UK100) continues to trade near a key technical inflection point as investors assess whether the recent recovery rally can extend further. The index is holding around 10,304, positioned directly on the 0.382 Fibonacci retracement level at 10,310 after rebounding from March lows near 9,670. Technical indicators show a battle between buyers and sellers, with the 20-day and 50-day EMAs converging around 10,370–10,393, creating a major resistance zone. A breakout above this cluster could open the door toward 10,455 and eventually the February high near 10,698. Conversely, failure to hold above 10,310 may trigger a pullback toward support levels at 10,184 and 10,062. Traders are closely monitoring price action for confirmation of the next directional move.
Read the full analysis on: Capital Street FX - Forex and CFD Market Outlook
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