FTSE 100, S&P 500 and Nikkei 225 continue to push higher

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FTSE 100, S&P 500 and Nikkei 225 continue to push higher
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There has been a further recovery from the lows of the week for global stock markets, though there is still the possibility of further declines.

Forex Update: As of 14:00, these are your best and worst performers based on the London trading schedule: 🇯🇵JPY: -0.01% 🇪🇺EUR: -0....​The index has continued to recover from the lows of the week. It now finds itself back above 8100, and thus above the support zone of June and July.

​Further gains target the 8300 level and then on to 8400. A close back below 8050 would suggest some additional near-term weakness.on course for more gains, towards 5400 and then 5560 from late July. Sellers will need a reversal back below 5200 to negate the bullish outlook.having surged over 4000 points from its low. While it remains significantly lower than it was two weeks ago, it has recouped almost all the losses of this week.

​Many hurdles lie ahead of it, including previous support at 36,707 and then 37,606, Given the volatility of the past week, there is still potential for more losses, and a close below 34,000 might signal a new move lower has begun.Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances.

We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. Information presented by DailyFX Limited should be construed as market commentary, merely observing economical, political and market conditions. This information is made available for informational purposes only. It is not a solicitation or a recommendation to trade derivatives contracts or securities and should not be construed or interpreted as financial advice.

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