France 40: A short/medium term buyHello,
The France 40 Index is currently forming a compelling bullish setup, characterized by a contracting triangle pattern—typically a continuation structure that signals the potential for further upward movement. Price action is consolidating within this triangle, indicating that a breakout could
CAC40 INTRADAY coiling pattern- energy buildupKey Support and Resistance Levels
Resistance Level 1: 7890
Resistance Level 2: 7970
Resistance Level 3: 8070
Support Level 1: 7700
Support Level 2: 7620
Support Level 3: 7510
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a p
Slow upside for France - But is it inevitable to 8,645?France and Germany and I guess Europe in general is just slow.
Lifestyle is slow and steady, not major developments.
Life continues with a somewhat socialistic form of living.
And so moves the indices in Europe the same way.
We established a Cup and Handle, and was waiting for a breakout abo
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Analysis of CAC 40 IndexIn our recent analysis, we predicted a price decline based on harmonic patterns, with an anticipated bottom of €7,200.
However, recent fluctuations indicate that French shareholders have yet to liquidate their holdings. This suggests a potential shift in market sentiment that could impact futur
CAC40 France is looking parfait for upside to 8,645Another Index ready to rumble is way up again.
The sideways chop has broken above and we are seeing more signs of strength for the bulls on major international markets.
UNless this is all a dead cat bounce, the analyses right now are poised for upside.
Here are some fundamentals.
📉 Trade Ten
CAC40 INTRADAY rising wedge capped at 7705The CAC40 index shows a bearish sentiment, with the overall trend remaining negative. Recent price action suggests a short-term oversold rally that could face resistance near the 7705 level — a key previous consolidation area.
Key Resistance: 7705
A failure to break above this level could lead to r
CAC40 IMPORTANT resistance retest at 7454
The CAC40 continues to exhibit bearish sentiment, aligning with the prevailing downward trend. Recent price action suggests that the index experienced an oversold rally, which was subsequently rejected near a key resistance zone — the previous intraday consolidation level around 7454.
This area no
CAC40 INTRADAY oversold boumce back capped at 7186The CAC 40 continues to exhibit bearish sentiment, in line with the prevailing downtrend. Recent price action has confirmed a break below a key consolidation support zone, reinforcing the downside bias.
Key Technical Levels:
Resistance Zone: 7000 (short-term), 7186 (major resistance / former consol
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
French CAC 40 Index reached its highest quote on Mar 6, 2025 — 8,299.80 EUR. See more data on the French CAC 40 Index chart.
The lowest ever quote of French CAC 40 Index is 3,567.20 EUR. It was reached on Dec 31, 2012. See more data on the French CAC 40 Index chart.
French CAC 40 Index 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 French CAC 40 Index futures or funds or invest in its components.