European markets opened higher on Tuesday, after modest gains on Wall Street while investors awaited the annual central banking conference in Jackson Hole later this week.
The FTSE 100 gapped lower at the open on Monday, finding the 7300 level as support. We bounce from there, and then reached towards the short-term resistance that was prevalent on Friday. We fell back towards the 7300 level, forming a hammer on the hourly chart which suggests that there is support here as well. … Continue reading FTSE 100 Index Price Forecast August 22, 2017, Technical Analysis
U.S. stocks inched higher, but declines in shares of energy companies capped the gains.