FTSE Overview as on Friday, January 30 2015 and future Predictions

UK stocks closes negative after market digested global economic data and political developments in Greece. FOMC also said on Wednesday evening that they would remain “patient” about the timing of the first interest rate hike. The FTSE 100 close at 6811, down 0.2% on the day with energy sector providing a drag after oil major Royal Dutch shell published quarterly result below expectations. There is strong resistance at 6870 level and during the day if market is breaching the level of 6870 on upside, then it can test the level of 6960 with the support of 6800.

TOP GAINER

Name	Close Price	Change %
Diageo	2022.50	3.08
Marks & Spencer	487.80	2.14
Imperial Tobacco	3160	2.03
Unilever	2952	1.90
Reckitt Benck Grp	5720	1.78

TOP LOSER

Name	Close Price	Change %
Enterprise Inns	104.70	3.59
Antofagasta	655	2.75
Johnson Matthey Plc	3297	2.60
Carnival	3000	2.22
BG Group	880.90	1.88

UK Stocks Overview as on Wednesday, January 28 2015

 

UK stocks falls after figure shown that economic growth slowed to just 0.5% in fourth quarter of 2014 due to contractions in construction and production. The FTSE 100 fell 0.6% to 6811.61. Market falls from its highest level in four and a half months. There is strong resistance at 6920 level and during the day if market is breaching the level of 6835 then it can test the level of 6920 with the support of 6720.

TOP GAINER

Name	Close Price	Change %
Centrica	282.70	4.16
SSE	1545	1.91
United Utilities GR	1015	1.70
BP	445.68	1.52
Sage Grp	484	0.83

TOP LOSER

Name	Close Price	Change %
Rolls-Royse Hldgs	879	2.66
ITV	225.90	2.5
Anglo American	1090	2.46
Johnson Matthey Plc	3497	2.02
Pearson	1321	1.86

UK Stock Market Updates as on Wednesday, January 21 2015

Stocks ended the session with modest gains on the heels of better-than-expected growth figures in China.The FTSE 100 gained 34.57 points to finish the day at 6,629.The FTSE has broke higher during the course of the day on Monday, testing the 6600 level area. There is strong resistance at 6650 level crossing of it can show northward journey and can test the level of 6800 with the support of 6400.Any short term correction will be buying opportunity, as index is sustaining above the 60 RSI with positive bias.

TOP GAINER

Name	Close Price	Change %
Wolseley	3759	3.43
Royal Bk Scotl gR	380.5	3.12
Anglo American	1121.5	2.94
Kingfisher	336.5	2.68
Rolls-Royce Hldgs	882.5	1.5

NZD/USD Forex Market Report

NZD/USD

 

The NZD/USD is in consolidation phase. It is sustaining below the falling trend line with a positive bias. The pair is showing strength in buying side & consolidating on higher levels, gaining strength for breaking upside. If NZD/USD breaks the level of 0.7800 at upside & sustains above it then we can expect it to test the level of 0.7830/0.7850 in today's session. RSI is also sustaining in buying territory & indicating to continue its ongoing trend for this week also.

In MACD , MACD line is sustaining above the zero line & supporting the upside movement for next few sessions.

 

Technical Chart

STRATEGY :- NZD/USD is successfully sustaining on higher level & looking further bullish on charts. One can go for buy on dips strategy for this pair for intra day to mid term positions.