Will Religious Tensions Reshape Europe's Financial Future?Europe stands at a critical crossroads where religious tensions are silently transforming its financial landscape, with the CAC 40 emerging as a crucial barometer of this unprecedented shift. What many market analysts initially dismissed as temporary social friction has evolved into a fundamental fo
CAC 40 Finds Support at 7,200, Setting the Stage for a UpswingThe French stock market index, CAC 40, has recently shown resilience by finding solid support at the key level of 7,200. Today's trading session has resulted in the formation of a new bullish candle, suggesting a potential shift in market sentiment. This development is particularly noteworthy as it
CAC updateit seems that head and shoulder is being formed to make bullish setup for the index
we are expecting upward move following this pattern forming
in my previous analysis we were expecting bearish setup that failed for the moment .
please share your comments if you like
below my previous one could
FRA40 Hits 3-Month Low, 1-Year Pivot Point Holds as SupportHello,
PEPPERSTONE:FRA40 has reached a new 3-month low at 7205.63, testing the 1-year pivot point (PP) as support. As long as it remains above this level, there is potential for an upward trend; however, if it establishes itself below the 1-year PP, further downside may follow.
No Nonsense. Ju
Potential upward moveCAC40 was on a bearish move, but may retest established highs due to the bearish pressure stalling. However, a break of 7300 to the downside may hinder this proposed growth.
FRA40 Awaits Key Pivot Break for Bullish ConfirmationHello,
PEPPERSTONE:FRA40 has gained some upward momentum, and a decisive cross and close above the 1M pivot point (PP) would confirm further upside potential. In the long term, our outlook remains bullish. However, if the 1M PP acts as resistance, we may see additional support tests.
No Nonsense
FRA40 Support at 7377.45: Potential Retest AheadHello,
PEPPERSTONE:FRA40 has shown support at 7377.45, with a notable bounce from this level. However, there’s potential for a retest, and if this support level doesn’t hold, we could see a move toward retesting the 1-year pivot point. Monitoring the 1-month and 1-week support levels is crucia
Next CAC40 (FCHI) index long moveTheis seems to be a provable long scenario for the CAC40 (FCHI) index in the short term
Will CAC 40 See a Bullish Turn? Key Levels to Watch nextThe CAC 40, the benchmark French index, continues to trade around 7,496 during Friday's London session. Currently, the price is retesting a previous demand area, sparking interest in a potential bullish reversal pattern. I’m closely monitoring lower timeframes and daily charts for confirmation of a
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
CAC 40 Index (FCHI) reached its highest quote on May 10, 2024 — 8,261.7 EUR. See more data on the CAC 40 Index (FCHI) chart.
The lowest ever quote of CAC 40 Index (FCHI) is 3,516.3 EUR. It was reached on Mar 19, 2020. See more data on the CAC 40 Index (FCHI) chart.
CAC 40 Index (FCHI) is just a number that lets you track performance of the instruments comprising the index, so you can't invest in it directly. But you can buy CAC 40 Index (FCHI) futures or funds or invest in its components.