FRA40 - Intraday - We look to Sell at 7300 (stop at 7400) Previous support located at 7150. Previous resistance located at 7250. Price action looks to be forming a top. We expect a reversal in this move. Risk/Reward would be poor to call a sell from current levels. A move through 7150 will confirm the bearish momentum. Our profit targets will be 7100 and...
Cup and Handle is still in play with CAC40, 7>21>200 -Bullish - Green background RSI>50 Bullish bias Target 7,943 Fundamentals: Seems like the smaller exchanges are following the SPX, Nasdaq and even top companies now. There is bullishness in the air all around. I will be taking advantage as much as I can until the trend changes
FRA40 - Intraday - We look to Buy at 7100 (stop at 7035) Previous support located at 7150. Previous resistance located at 7200. There is no clear indication that the upward move is coming to an end. Short term RSI has turned positive. Risk/Reward would be poor to call a buy from current levels. A move through 7200 will confirm the bullish momentum. Our...
FRA40 - Intraday - We look to Sell at 6500 (stop at 6585) Previous support located at 6350. Previous resistance located at 6450. There is no clear indication that the downward move is coming to an end. Risk/Reward would be poor to call a sell from current levels. A move through 6350 will confirm the bearish momentum. Our profit targets will be 6320 and...
FR40EUR $FR40EUR Short Scalp. TPs on chart. 50-200X leverage. Choose your own SL.
Faced with challenges such as increasing material and energy costs, industrial companies in Europe continue to struggle with restricted revenues and operational challenges. Market sentiment shifted to a more negative setting amid fears over surging inflation and slowing economic growth.
Emmanuel Macron was reelected for the second term on April 24th. The program he presented in mid-March argued that the retirement age would be raised to 65 and that the minimum solidarity income would be increased according to working hours. In the coming weeks, the stability program will need to be sent to Brussels, and the budget trajectory for the next few...
FR40 Index/CAC is a benchmark French stock market index. It tracks the performance of 40 companies selected among the top 100 market capitalization and the most active listed equities traded on the NYSE Euronext Paris. French President-elect Emmanuel Macron has done something no other French president has achieved before. Namely winning re-election while still...
France: Growth Slows as Repercussions of Russia-Ukraine Conflict Darken Inflation and Fiscal Outlooks Rising spending in dealing with economic and geopolitical repercussions of Russia’s further incursion in the Ukraine additionally weigh on France’s already weakened fiscal outlook as recovery slows, exacerbating long-run credit challenges. Our baseline economic...
in the short term I will wait for the yellow zone, looks like a triangle pattern not confirmed!
looking for cac40 index to retest pre covid-19 levels before going into new bear market.
FRA40 Long Position Entry: €5,644.6 TP & RR: €5,688.0 Stop Loss: €5,627.3 REASONS FOR THE TRADE Breaking up from a descending triangle, I expect the price to retrace slightly and then continue the up move. Stop Loss is set below the trendline and the target is at a resistance level. Market Flow indicator show a clear move up. The trade is slightly in...
France 40 - Short Order Entry: €5,659.6 TP & RR: €5,569.7 (1.7) Stop Loss: €5,710.8 REASONS FOR THE TRADE Typically this isn't a trade I would take as the RR is less than 2 and I consider those unfavorable. However, the price may form a lower high and I want to take advantage of the action if that is the case. The SL is placed just above the previous high....
France 40 Ascending Channel - Long Order Entry: €5,668.1 TP & RR: €5,760.5 (1.89) Stop Loss: €5,619.3 REASONS FOR THE TRADE Again, this is a trade that I would like to take, but will not due to already having enough positions. However, I am sharing this idea for those of you looking for a trade setup, especially if you are trading FR40. This is a similar...
Hi Traders buy \ sell on Green line Take profit on Gray line 2 atr stop loss drive safe
📌 A short update on French Equities that are also full of dramatic events. The nature of the down cycle came after the infamous leg we played to the topside and began profit taking. How to spot an early discovery of the flows? The diagram clarifies the relationship between the ending of wave 5 and the beginning of the initial 'A' leg with Covid. This...
at this point we looking for couple of things in order to enter a trade. Our confirmation will decide if we going long or short, Updates will be down below.