European major indices close with mixed results

Aug 25, 2022
European major indices close with mixed results

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The foremost European indices are closing with blended outcomes. The positive factors and losses are displaying:

  • German DAX, +33.7 factors or 0.26%
  • France’s CAC, +30.09 factors or +0.47%
  • UK’s FTSE 100 -12.25 factors or -0.16%
  • Spain’s Ibex -13.10 factors or -0.16%
  • Italy’s FTSE MIB +68 factors or 0.31%

France’s CAC falls to the 100 day MA

France’s CAC every day chart, the value was weaker stalled in opposition to its 200 day shifting common (inexperienced line within the chart above). At this time, the swing low reached 6319.70. That bought inside 13 factors of the 100 day shifting common at 6306.03. Early patrons leaned in opposition to the important thing technical barometer.

For the UK FTSE 100, the low value right now reached 7410.40. The 100 day shifting common is available in at 7394.51. Early patrons leaned in opposition to that stage. Notice that earlier this month, the value additionally examined the 100 day shifting common and located prepared patrons. Slightly below the 100 day shifting averages eight 200 day shifting common at 7386.09. The this can be a transfer beneath these shifting averages would tilt the buys extra to the draw back. Conversely keep above and the patrons have the benefit.

UK FTSE 100 trades above and beneath the 100/200D MAs

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