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Bears remain in charge | 8400 8363 8307 support | 8475 8535 resistance | NFP

#1 · 4th April 2025, 9:28 am

Technical analysis for FTSE 100 for 4th April 2025

Stock markets around the world tumbled on Thursday, the dollar sank and oil prices plunged after Donald Trump’s new global tariffs raised fears of a US recession.

Tariff fall out continues despite the positive talk from President Trump. For the FTSE100, it has been quite resilient and looks like the 8450ish area may well set up a decent double bottom. More upside to follow next week? Today it will be all eyes on the NFP at 13:30 and we may well see a rise and dip play out across the board ahead of that.

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