FTSE 100 Roughly Flat In Cautious Tradefxcue.com

(fxcue news) - U.K. stocks moving in a very narrow range in lackluster trade Friday morning amid a lack of fresh economic data and significant corporate news. A slightly weaker Pound is limiting the market's downside. Mining stocks are exhibiting some weakness, weighed down by weak copper prices. The benchmark FTSE 100 advanced to 8,268.97 after a weak start, and after dropping to a low of 8,246.93, is currently down 3.33 points or 0.04% at 8,256.79. Hiscox is rising nearly 2.5%. Airtel Africa, BP, Shell, Imperial Brands, Marks & Spencer, Unite Group, Vodafone Group, British American Tobacco, Sainsbury (J) and Schrodders are up 0.5 to 1.1%. Tullow Oil climbed more than 7% this morning following an announcement from the company that it was exempted from a $320 million tax on its Ghana operations. Shares of budget airline Wizz Air Holdings dropped more than 2% after the company gave an update on its share capital structure. Barrat Redrow is declining nearly 2%. Entain, Anglo American Plc, Easyjet, Taylor Wimpey, Antofagasta, Persimmon, Rio Tinto, Spirax Group and Melrose Industries, ICH, Informa, Relx are down 1 to 1.5%.

FTSE 100 Roughly Flat In Cautious Trade

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U.S. Weekly Jobless Unexpectedly Claims Dip To 211

Australian Market Extends Early Gains In Mid-market

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Bay Street Likely To Open On Mixed Note

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FTSE 100 Roughly Flat In Cautious Trade

CAC 40 Moderately Lower As Investors Await Direction

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Trader

Today, crude oil supported 74.5 and continued to rise directly to 75.3. If it accidentally falls back to 74.5 tonight, or even breaks through 74.4, it belongs to a small wash. If it rebounds and stabilizes above the daily moving average of 73.7, it is still necessary to try to be bullish;

1.8 Gold US trading strategy: Short selling near 1:2656, stop loss 2666, target 2646-2640; strategy 2: Buy long near 2633, stop loss at 2623, target at 2642-2648;

Short selling in the 74.87 area of US crude oil (default stop loss of 50 points, set breakeven stop loss for profit of 50 points, pursue high win rate of 75 points. Band moving stop loss protects existing profits held until take profit)

1.8 Gold Trading Reference: Gold rebounds around 2656-2660, with short selling (buy down) of 2/10 positions in batches, stop loss of 6 points, target around 2645-2630, break at the 2615 line;

1/8 Gold Day Short term Strategy Reference: 1. The rebound saw a short sale near 2662 for the first time, with a loss of 2668. The target is 2650-2640-2630; 2. Falling back for the first time at 2632. Short buy once more, loss at 2628, target at 2642-2652-2662!

EUR/USD 1.03850 short, stop loss 1.04050, target below 1.03350, break below 1.03000 and 1.02700

Today's spot silver was sold short at 30.25, with a stop loss of 30.45. The lower targets are at 30 and 29.85, with a drop below the support range of 29.6-29.5.

If spot gold rises today, it will be sold short at 2660 with a stop loss of 2666. The targets below are 2645, 2640, and 2634-2630

The main focus of crude oil retracement is buying long at low prices, supplemented by short selling at high prices during rebound. Short term attention is paid to the resistance line of 75.8-76.3 above, while short-term attention is paid to the support line of 73.7-73.2 below.

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FTSE 100 Roughly Flat In Cautious Trade

Australian Dollar Rises Against Majors

U.S. Weekly Jobless Unexpectedly Claims Dip To 211

Australian Market Extends Early Gains In Mid-market

Bay Street Likely To Open First Session Of 2025 On Positive Note

Bay Street Likely To Open On Mixed Note

UK Nationwide House Price Growth Tops Expectations

FTSE 100 Roughly Flat In Cautious Trade

CAC 40 Moderately Lower As Investors Await Direction

Please sign in

Trader

Today, crude oil supported 74.5 and continued to rise directly to 75.3. If it accidentally falls back to 74.5 tonight, or even breaks through 74.4, it belongs to a small wash. If it rebounds and stabilizes above the daily moving average of 73.7, it is still necessary to try to be bullish;

1.8 Gold US trading strategy: Short selling near 1:2656, stop loss 2666, target 2646-2640; strategy 2: Buy long near 2633, stop loss at 2623, target at 2642-2648;

Short selling in the 74.87 area of US crude oil (default stop loss of 50 points, set breakeven stop loss for profit of 50 points, pursue high win rate of 75 points. Band moving stop loss protects existing profits held until take profit)

1.8 Gold Trading Reference: Gold rebounds around 2656-2660, with short selling (buy down) of 2/10 positions in batches, stop loss of 6 points, target around 2645-2630, break at the 2615 line;

1/8 Gold Day Short term Strategy Reference: 1. The rebound saw a short sale near 2662 for the first time, with a loss of 2668. The target is 2650-2640-2630; 2. Falling back for the first time at 2632. Short buy once more, loss at 2628, target at 2642-2652-2662!

EUR/USD 1.03850 short, stop loss 1.04050, target below 1.03350, break below 1.03000 and 1.02700

Today's spot silver was sold short at 30.25, with a stop loss of 30.45. The lower targets are at 30 and 29.85, with a drop below the support range of 29.6-29.5.

If spot gold rises today, it will be sold short at 2660 with a stop loss of 2666. The targets below are 2645, 2640, and 2634-2630

The main focus of crude oil retracement is buying long at low prices, supplemented by short selling at high prices during rebound. Short term attention is paid to the resistance line of 75.8-76.3 above, while short-term attention is paid to the support line of 73.7-73.2 below.

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