​​​​​​FTSE 100 holds support, while Dax struggles, but Dow surges to fresh highs​​​​​​

​​The Dow has enjoyed a strong week so far, surging towards 41,000, while the FTSE 100 is holding above support. Meanwhile, the Dax is coming under pressure.​

Trading forex is not a shortcut to instant wealth, excessive leverage can magnify losses, and sentiment is a powerful indicator. L...​The index bounced from the 8150 support zone yesterday, halting any downside for the time being.​Recent gains have petered out around 8300, so a close above this is needed to revive a bullish view in the short term and open the way to the May highs.

​A close back below the 50-day SMA brings the 100-day SMA into view. This acted as support throughout June. Bulls will want to see a close back above 18,700 to put the index back on course to reach the previous highs.

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