AUDUSD edges higher on Thursday morning after bears repeatedly failed to clear 200DMA support (0.6627). Recovery is in its early stage and needs more work at the upside to generate firmer positive signal, although near-term action to remain constructive while above 200DMA. Repeated daily close above here to boost hopes of stronger recovery and Friday’s […]
UK 100 index erases June’s recovery attempt as the UK election looms A break below 8,055 could worsen short-term outlook The UK 100 stock index (cash) continues to suffer for the sixth consecutive trading day, extending its downleg aggressively to the critical support zone of 8,110 on Tuesday ahead of the election day on July […]
The post UK 100 Index Experiences Pre-election Decline appeared first on Action Forex.
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