FRA40Price failing to make new highs, i believe the trend will heading to the downside soonShortby RicoTrades_3
FRA40 Long Pivot: 7420.00 Our preference: long positions above 7420.00 with targets at 7507.00 & 7555.00 in extension. Alternative scenario: below 7420.00 look for further downside with 7354.00 & 7300.00 as targets. Comment: the RSI is above its neutrality area at 50%.Longby Daniel_Thompson1
FRA40 LongPivot: 7336.00 Our preference: long positions above 7336.00 with targets at 7464.00 & 7500.00 in extension. Alternative scenario: below 7336.00 look for further downside with 7300.00 & 7270.00 as targets. Comment: a support base at 7336.00 has formed and has allowed for a temporary stabilization.Longby Daniel_Thompson2
FRA40 Short Pivot: 7387.00 Our preference: short positions below 7387.00 with targets at 7310.00 & 7270.00 in extension. Alternative scenario: above 7387.00 look for further upside with 7415.00 & 7440.00 as targets. Comment: as long as 7387.00 is resistance, look for choppy price action with a bearish bias.Shortby Daniel_Thompson2
CAC40 to break above Falling Wedge?Falling Flag (Wedge) has formed on CAC40 since April 2023. We have had the price come down each time but make a higher low and fail to break below 7,056. It might be premature but, it looks like the momentum is pointing up (along with many other alternative indices). I'll be happy to go long when the price breaks above. But now it's a waiting game. 7>21>200 RSI>50 Target 1 will be at 7,857 ABOUT THE INDEX Name: The CAC 40 is an abbreviation of "Cotation Assistée en Continu", which translates to "continuous assisted trading", and the number 40 refers to the number of companies represented in the index. Establishment: The CAC 40 was established on 31 December 1987, with a base value of 1,000 points. Representative of French Market: The CAC 40 is the benchmark stock market index in France, which reflects the performance of the 40 largest publicly traded companies listed on the Euronext Paris. Diverse Sectors: The index includes a diverse range of sectors, such as manufacturing, banking, pharmaceuticals, media, utilities, luxury goods, etc.Longby Timonrosso1
CAC40: Is this just a shallow correction?A price action below 7300 supports a bearish trend direction. Further bearish confirmation for a break below 7200. The target price is set at 7100. The stop-loss price is set at 7500. When the profit target percentage is smaller than the stop-loss in a trade, it indicates a risk management approach where the priority is to limit potential losses and protect capital. By setting a smaller profit target and a wider stop-loss, traders are acknowledging the potential for a larger loss compared to the potential gain. Shortby Peet_Serfontein13
8000 points for CAC40 to celebrate the 100-year topThe bull market still has a couple of weeks to go. We've completed wave A and B of the primary 5, and there is just one leg up remaining in wave C, which will take us to 8000. I'll be listening to the French BFM radio as we approach the top. I want to hear them rejoice over "Le CAC40 pulverisant les 8000 points". Then the bull market will end. I'm talking about the bull market that delivered at least 100 years of growth of Europe and the US. All that growth and prosperity will be put to a test over the next decade by the ruthless and inquisitionary Bear.Longby AndyM2
"Inclusivity and Equity" and market tops: the ExplanationEver since the end of the bear market in 2009, the French and the world's economy were squeezing growth out of the weakening economy in non-organic ways, predominantly by borrowing more and by increasing the government spend. Toxic social trends emerged and flourished at the same time: inclusivity, equity, belligerent feminism, dismissal of real masculinity, embracement of non-traditional and non-existent genders etc. Those trends emerged not because the prosperous and benevolent society was willing to spread out and share the wealth accumulated during the bull market across the entire population. It was, in fact, the exact opposite: the 80% of the populace, facing the toughest competition for the remaining well-paid jobs, collectively decided to kick out the most educated and talented remaining 20% of individuals by adopting the "inclusivity" strategies. Recall "The Weakest Link", when in the last round two weaker players always eliminated the strongest one? It's the same game, only played on the planetary scale. The good news: those toxic trends will come to an end once there will be nothing more to divide or conquer. The bull market has 2-3 weeks remaining. The CAC40 might reach 8000, but then the entire growth of 2009-2023 will be erased. "Accrochez vos ceintures"by AndyM441
CAC40 Short Pivot: 7430.00 Our preference: short positions below 7430.00 with targets at 7337.00 & 7300.00 in extension. Alternative scenario: above 7430.00 look for further upside with 7480.00 & 7524.00 as targets. Comment: the index currently faces a challenging resistance area at 7430.00Shortby Daniel_Thompson6
LONG - FRA40 (H4) (26 May 2023)SWING TRADE - FRA40 Weekly Chart - Price is still going up - Price is currently correcting, and is expected to go up since it breaks the Historical high price point In Daily Chart, price is out of alignment and is correcting - price is expected to bounce back from Daily Demand zone - a potential buy trade can be found inside the zone In H4 Chart, - A potential buy trade can be found at the bottom. - The zone above is tested,hence not a good zone to buy from Longby angiehUpdated 4
FRA40EUR: SELLING OPPORTUNITYwe looking forward to mitigate overall market structure orderblock then start looking for buying opportunities Shortby williamtumelo820
CAC40 Short Pivot: 7275.00 Our preference: short positions below 7275.00 with targets at 7145.00 & 7080.00 in extension. Alternative scenario: above 7275.00 look for further upside with 7324.00 & 7362.00 as targets. Comment: as long as the resistance at 7275.00 is not surpassed, the risk of the break below 7145.00 remains high.Shortby Daniel_Thompson3
PVPSMCSHere is a probability vs the possibility of France 40. It shows that the market is giving an ascending type of pattern and has been playing in between it. Failure to break IDM will result in strong sells but a break of the IDM will result in buys with further confirmation such as candlestick confirmationby LaFIIRE2
CAC40 Short Pivot: 7370.00 Our preference: short positions below 7370.00 with targets at 7245.00 & 7210.00 in extension. Alternative scenario: above 7370.00 look for further upside with 7415.00 & 7440.00 as targets. Comment: as long as 7370.00 is resistance, look for choppy price action with a bearish bias.Shortby Daniel_Thompson1
Will FR40 find buyers at market?FRA40 - 24h expiry Previous resistance located at 7350. Previous support located at 7250. The trend of higher lows is located at 7100. Further upside is expected although we prefer to set longs at our bespoke support levels at 7250, resulting in improved risk/reward. A move through 7350 will confirm the bullish momentum. We look to Buy at 7250 (stop at 7210) Our profit targets will be 7350 and 7375 Resistance: 7350 / 7400 / 7425 Support: 7250 / 7225 / 7200 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.Longby OANDA4
FR40EUR (LONGS)FR40EUR Showing a beautiful daily morning star pattern. Daily also maintaining trend. We are looking for a simple retracement and continuation of the bullish move. -ITUProfessorLongby IndependentTradingUniversity0
France Stocks are Due to CrashSeveral France company had enjoy massive stock gains since beginning of the year while US companies had layoff hundred of thousands tech workers. However this will not last long, as France money supply has been tightened since beginning of the year. CAC40 index shows that current run up in France stock is mainly driven by run up in US stock, which is not make any sense at all while the European economy were driven by ECB money printing machine. As long as ECB is reducing the available Euro money supply from the economic system, European economy will be in dire situation. France will be impacted as well and the money supply chart for CAC40 shows that it is on the brink of 25-30% correction as a whole. Note that some overpriced companies may crash more than the index. The stock crash will be followed by mass layoff in the next 3-6 months just like what happened in the US this year.by danny_peanuts0
$$$$ ---(UPDATE)---- FRA40INDEX----30min-2H-3H Time Frame :D <3Heres a smaller time frame updated chart<>!<>$ + GAP IN TIME FRAME LINE IS PURPLE + May 1st 2023 + through + June 5th 2023 price prediction hypothesis based on my knowledge, expertise, and basic SUPPORT & RESISTANCES Thank you Please Self-involve before trading off of J&B Investments Call Out's Please and thank you DONT FORGET ABOUT THE MAJOR HIKE BACK IN 2019-2020 When FRA index's Reached a High of $200,000 Candle Stick of an ALL TIME RECORD HIGH WHAT THE HE//? Average Price is $6050 (support major time frame 1 week-1month) + through + $7250 (Resistance major time frame 1 week-1month) (: --------- May1st 2023 ------------- June 5th 2023 ---------- *Summer TIME* :DShortby Killerbee45000Updated 0
FRANCE40___?__+__?__ INDEX!!!!!!Fun Fact! What is FRA40 index? The FRA40 is a benchmark index containing 40 of the biggest companies on the Euronext Paris exchange FRANCE40___?__+__?__ INDEX!!!!!! PLZ ANALYZE ATE YOUR OWN PACE use to your own RISK ALERT ADDED @ 214,748.36 Major JUMP Major JUMP Major JUMP Major JUMP Major JUMPMajor JUMP Major JUMP Major JUMPMajor JUMPMajor JUMPMajor JUMP Most likely Augest 2019- mid January 2020 MAJOR $$$$$$$$$$$$$ MAJOR CANDLE STICK!!!!!!!Longby Killerbee450001
France Rebound ? Later when the market opens. It's in the value zone. How we manipulate the situation to our advantage. > I always scale bigger (1-3-7 etc etc) within range with stoploss fixed. So if only 1 was hit.. will ride only that. #2 hit .. All depends on what the market gives me. Market = supermarket. You'd want to stack up at discount prices. Stops = whatever bought are spoilt. It's normal in dealing; just make sure. The trades you are doing gives a positive return. Not everyone is a car dealer or a restaurant owner.. because I am not well knowledgeable in those kind of business. Or I shall learn the tips and tricks>> if i want to. And we can be selective in our choices of buys >> Market will display whatever they want >> we choose what's value to us. hehehe... enough of small talks. I'm not a guru. by reazosman0
Will FRA40 find buyers at market?FRA40 - 24h expiry Trend line support is located at 7400. Previous resistance located at 7450. Price continues to trade within the triangle formation. We expect a reversal in this move. Risk/Reward would be poor to call a buy from current levels. We look to Buy at 7400 (stop at 7370) Our profit targets will be 7470 and 7500 Resistance: 7450 / 7470 / 7500 Support: 7400 / 7370 / 7350 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.Longby OANDA1
Did FRA40 find a local bottom? FRA40 - 24h expiry Previous support located at 7350. Previous resistance located at 7425. Price action looks to be forming a bottom. Risk/Reward would be poor to call a buy from current levels. Short term RSI has turned positive. We look to Buy at 7325 (stop at 7275) Our profit targets will be 7445 and 7450 Resistance: 7425 / 7450 / 7500 Support: 7350 / 7325 / 7300 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.Longby OANDA1
CFD Update: FRA40 pushing at a new leg higher?Today's focus FRA40 CAC Pattern – Support hold - continuation - HL Possible targets – 7465 - 7600 Support – 7315 - 7360 Resistance – 7460 (ST) Indicator support – CCi close to 0 cross – 38.2 fib area Could we see a new leg higher on the FRA40? After Monday's holiday, price has opened lower on Tuesday, but there are a few bullish signs we are watching that could suggest a new push higher. Price formed an HL in the 38.2 fib area, support has been formed, and we see the support hold from a previous point of resistance. Price broke through the trendline, but we still need to see a new rally to confirm that. A new lower that closes below support is worry and could invalidate the idea. Another factor is tomorrow's US CPI data. Depending on what’s released, this could impact US indices and, in turn, move European indices. The Core is expected to come in lower, with Y/Y flat at 5.0% and the M/M higher at 0.4%. The CPI data is due to be released at 8:30 am EST tomorrow. Thanks for stopping by. Good trading, and have a great day. Long03:32by Eightcap0