shot 7963 and tp 7825 for the week aheadoverbought whiel in france many protest that bkcoked the country and economy not strong but enouhg for next data will be bad ther eno reason for up,me as french i thoug it will crsh but it folow us stock Shortby corsicasiaUpdated 1
France's 40 to find buyers at current dip?FR40EUR - Intraday Indecisive price action has resulted in sideways congestion on the intraday chart. Momentum is flat, highlighting the lack of clear direction. Risk/Reward would be poor to call a buy from current levels. A move through 8100 will confirm the bullish momentum. The measured move target is 8150. We look to Buy at 8025 (stop at 7975) Our profit targets will be 8145 and 8165 Resistance: 8100 / 8125 / 8150 Support: 8050 / 8025 / 8000 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 OANDAPublished 4
France 40 indexConfluence .uptrend .pullback to support zone .at 50% Fibonacci level .50 ema touchLongby MR_NOSLPublished 1
Analysis: FRA40 Indicates Long-Term Buy OpportunityHello Everyone, Currently, FRA40 is positioned above its 1-day pivot point, and the daily/weekly support appears to be holding up effectively. FRA40 is viewed as a long-term buy. If the present support level remains intact, we could witness immediate upward movement, with the aim of the price consolidating above the 1-month pivot point to confirm the upward trend. However, if the support level fails, there's a possibility of a retest of the 1-year support zone. TradeWithTheTrend3344 Longby TradeWithTheTrend3344Published 3
Unveiling Strong Trends with the Adaptive Trend Finder on CAC40Hello fellow traders, Today, I want to discuss one of my favorite tools for identifying robust short-term and long-term trends on the CAC40 using TradingView—the Adaptive Trend Finder (log). This tool employs a highly effective method based on Pearson correlation, allowing for a nuanced analysis of market trends. Located in the middle of the chart in gray, you'll find an indicator representing the strength of the long-term trend channel. On the right side in yellow, the indicator displays the strength of the short-term trend channel. These visual cues provide valuable insights into the momentum of the market over different time horizons. I encourage you to take a moment to examine and interpret the signals you observe on this chart. What are your thoughts on the current market direction? Feel free to share your analysis and insights in the comments below. Let's engage in a constructive discussion about the potential trading opportunities presented by these trend indicators. Happy trading!by Julien_EchePublished 4
CAC40: Shorting The French Stock IndexHey Traders, Amongst all other indexes, there is a strong case for the CAC40 to be short. Coming straight up into key resistance, our pre determined short zone has allowed price to continue down. We can now look to handle the move on the short case, turning long when and where it becomes applicable to do so. Short03:01by WillSebastianUpdated 335
Could it be a change of bias from bullish to Bearish???FRA30 has changed its trend from bullish to bearish on the 15 minutes time frame so I'll be expecting a bearish movement when price react to the recent fvg on the 1 hour time frame before I want anticipate a sellShortby KINGOFFFOREXPublished 0
CAC40 #HVF for a doubleBig Pattern = Big Moves Long consolidations = Fast Breakouts The #NIKKEI had a beautiful chart pattern and we are seeing the explosive up moves occur in that market. The French stock market - along much Europe hasn't done much for over two years But we are quickly approaching Target 1 of a large --- non conventional HVF Is it monetary stimulus or economic growth that causes the CAC to double? Don't know ... One is more desirable of course. But the same boys cheering the US stock market screaming higher after a decade plus of stimulus. zero rates and buybacks, does it matter? @TheCryptoSniper Longby BallaJiUpdated 2
FR40 to continue in the upward move?FRA40 - 24h expiry There is no indication that the rally is coming to an end. Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher. Risk/Reward would be poor to call a buy from current levels. A move through 8250 will confirm the bullish momentum. The measured move target is 8300. We look to Buy at 8165 (stop at 8125) Our profit targets will be 8265 and 8300 Resistance: 8250 / 8275 / 8300 Support: 8200 / 8175 / 8150 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 OANDAPublished 5
FRA40 - Long idea.Looks like nice structure is forming here on the French cash index, it's a strong support zone shown to be valid because of two strong reactions last week. Longby CyberFxTraderPublished 0
FRA40 to find support at market?FRA40 - 24h expiry There is no clear indication that the upward move is coming to an end. Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher. Risk/Reward would be poor to call a buy from current levels. A move through 8200 will confirm the bullish momentum. The measured move target is 8275. We look to Buy at 8150 (stop at 8110) Our profit targets will be 8250 and 8275 Resistance: 8200 / 8250 / 8275 Support: 8175 / 8150 / 8125 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 OANDAPublished 1
F40 INDEXA clean uptrend move which I caught on F40. initially on the daily chart we saw an engulfing candle which closed right above the previous bear candle on Wednesday Feb 14th. This candlestick pattern emphasised that F40 was looking to continue the uptrend and potentially break 7700. This move was 360 pips in total. No indicators, just simple price action.Longby Mkforbes_fxPublished 0
Bullish continuation for the CAC40The CAC 40 started today's session in the green after several rebounds on the support of 7550. This key level seems to be holding and now the French index is on a bullish momentum. My medium term objective is 7840.Longby UnknownUnicorn48526553Updated 4
CAC 40 Showing Bearish Signs Towards 7600 LevelToday, the CAC 40 index is showing signs of being bearish as it is currently trading lower than its previous closing price. This downward trend suggests that we may see a further decline towards the 7600 level in the near future. **Disclaimer: This analysis is not financial advice and should not be taken as such. It is based solely on my own interpretation of the market data and should be used for informational purposes only.**Shortby nfAnalyticsTradingPublished 2
LONG FRA40I could make up a bunch of stuff to make you believe in my setups. The truth is my analysis doesn't matter. I could have flipped and coin and made up anything lol. Anyways, this is my trading setup. Letting the lines do all the speaking. Have a blessed day. Longby LucrativeLeroyPublished 111
CAC40 may rise to 7700.00 - 7748.00Pivot 7624.00 Our preference Long positions above 7624.00 with targets at 7700.00 & 7748.00 in extension. Alternative scenario Below 7624.00 look for further downside with 7600.00 & 7574.00 as targets. Comment The RSI is mixed and calls for caution. Supports and resistances 7760.00 7748.00 7700.00 7681.50 Last 7624.00 7600.00 7574.00 Number of asterisks represents the strength of support and resistance levels.Longby Daniel_ThompsonPublished 2
French Index to rally 8% in wave iii The CAC40 has begun its up journey in what is being labeled currently as wave iii of WAVE 3. This particular sub-dividing leg is projected moving towards EUR8100-8150 zone. The final projected target zone for the bigger wave 3 however comes in at a much higher level of EUR 8750.Longby neeraj_2_sharmaPublished 1
Building a Solid Portfolio: Using an Index (THE CAC 40 INDEX)Hello, Embarking on the journey of creating a portfolio of stocks can be both exciting and challenging. One strategy that many investors consider is using a well-established index as a basis for their portfolio. In this article, we will explore the steps involved in building a portfolio with the CAC 40 Index, a benchmark index representing the 40 largest stocks listed on Euronext Paris. Step 1: Understand the index. Understanding an index is very key since it creates the thesis of why you should consider using it. In our case, the simplest definition of the CAC 40 index is as below The CAC 40 is a benchmark French stock market index. The index represents a capitalization-weighted measure of the 40 most significant stocks among the 100 largest market caps on the Euronext Paris. 2: Define your investment goals whether you are looking at strong companies that will provide consistent dividends for you or strong companies that will easily deliver price appreciation for your stocks will be very key in your next move. Understanding your risk horizon & tolerance is also very important at this stage. 3: Understand the components of the Index. The CAC 40 has 40 companies as its components. The companies are as follows; Air Liquide, Airbus, Alstom, ArcelorMittal, Axa, BNP Paribas, Bouygues, Capgemini, Carrefour, Crédit Agricole, Danone, Dassault Systèmes, Edenred, Engie, EssilorLuxottica, Eurofins Scientific, Hermès, Kering, L'Oréal, Legrand, LVMH, Michelin, Orange, Pernod Ricard, Publicis, Renault, Safran, Saint-Gobain, Sanofi, Schneider Electric, Société Générale, Stellantis, STMicroelectronics, Teleperformance, Thales, TotalEnergies, Unibail-Rodamco-Westfield, Veolia, Vinci, and Worldline 4: Research Individual Companies Once you have a sense of the companies you want exposure to, delve into the individual companies. Conduct thorough research on each company, considering factors such as financial health, earnings growth, competitive positioning, and management quality. This step is crucial in identifying the specific stocks you want to include in your portfolio. This will greatly help you in selecting the great companies among the components. We will look at 1 company among the components of the CAC 40 & you can try and look at the rest. The company we shall explore is DANONE . Below is its chart to show its historical price move Next understand what the company does: Danone SA engages in the food processing industry. It operates through the following geographical segments: Europe; North America; China, North Asia & Oceania; and Rest of the World. . This data can be found on Tradingview via link www.tradingview.com Next understand the financials of the company: The same can be interrogated on the link shared before. The most important metric is the Income statement because it shows you where the company derives its value from in form of income. It also will tell you how the company spends its money. You cannot however ignore the Balance sheet and the Cashflow statement. www.tradingview.com Once you have an understanding of the company as a whole now its key to look at structure to understand and pick great entry points. This is where we begin structure drawing and identification of patterns. Here is the link with clear Impulses & corrections. Very key for you to note is that the price is in a correction and close to where the 1st target would be. This tells us even though this might be a great company from all other metrics, it might not be a great company to buy from the current point. Now that we have looked at the Danone company, back to our CAC 40 index. 5: Research on all other companies that make the index. By following these above steps, you can construct a well-rounded portfolio that aligns with your financial goals and risk tolerance. All the best in your investment journey. Educationby thesharkkePublished 2
Identifying a Short-Term Sell Opportunity: CAC 40 Correction Introduction: In the dynamic world of financial markets, staying ahead of trends is crucial for successful trading. Technical analysis serves as a powerful tool for identifying potential opportunities, and currently, the CAC 40 index is exhibiting signs of a correction, forming a wedge pattern that could indicate a short-term sell opportunity. Understanding the Wedge Pattern: The wedge pattern is a common formation in technical analysis that signals a potential reversal or continuation of a trend. In the case of the CAC 40, a wedge pattern appears to be taking shape, indicating a possible impending correction. This pattern typically consists of converging trendlines, with either an ascending or descending slant. Analyzing the CAC 40 Wedge: As of the latest market data, the CAC 40 index is showing signs of a bearish wedge pattern, suggesting that a short-term sell opportunity might be on the horizon. This pattern often implies a decrease in momentum and a potential shift in the prevailing trend. Traders and investors should carefully analyze the following key aspects: Trendline Convergence: Monitor the points where the upper and lower trendlines of the wedge pattern converge. This convergence may act as a significant support or resistance level, influencing the index's future direction. Volume Analysis: Pay attention to trading volumes accompanying the formation of the wedge pattern. A decrease in volume during the pattern formation may suggest a loss of interest or conviction in the current trend, reinforcing the potential for a reversal. Technical Indicators: Utilize relevant technical indicators, such as the Relative Strength Index (RSI) or Moving Averages, to confirm the strength of the wedge pattern. Divergence or confirmation from these indicators can provide additional insights into the market sentiment. Identifying Short-Term Sell Opportunities: Given the formation of the bearish wedge pattern on the CAC 40, traders may consider the following strategies for capitalizing on a potential short-term sell opportunity: Short Positions: As the index approaches the apex of the wedge pattern, consider initiating short positions, anticipating a downward price movement. Set appropriate stop-loss orders to manage risk effectively. Option Strategies: Employ options strategies, such as buying put options or using bearish spreads, to take advantage of the anticipated downward movement while limiting potential losses. Monitor Economic Events: Keep a close eye on upcoming economic events, corporate announcements, or geopolitical developments that could influence market sentiment and potentially accelerate the correction. Conclusion: In the ever-changing landscape of financial markets, traders and investors must adapt to evolving patterns and trends. The identification of a bearish wedge pattern on the CAC 40 index serves as a valuable signal for a potential short-term sell opportunity. However, it's essential to exercise caution, conduct thorough analysis, and implement risk management strategies to navigate the markets successfully.Educationby thesharkkePublished 2
CAC40 : REBOUND OR TREND REVERSAL ?- Prices have been trading upwards since the end of October 2023, the market is therefore in a medium-term bullish trend. - Very recently, and since the establishment of a new all-time high below 7,655.0pts, the market has retraced towards its double support at 7,400.0pts. Prices are now trading below the two 13- and 21-period exponential moving averages, which have nevertheless not yet recorded any bearish crossover. The DMI indicator shows an increase in selling pressure, but within a less and less directional movement. - Despite the recent pull-back, the situation is not yet really dangerous for the French index. Indeed, a retracement following a strong rally that led prices to a new historic high point is even seen as something healthy at this point. This may be symbolized by the taking of profits by certain investors as well as a way of testing a newly established support level. This new support level is also significant because it is made up of a double overlap (last peak + dotted downward trend line). Furthermore, the fall in directionality given by the DMI indicator also demonstrates a price movement that is not really significant in the very short term. In conclusion, as long as the level of 7,400.0 points holds, the scenario of the continuation of the bullish movement started a few months ago should continue.FLongby ActivTradesPublished 2
FR40EUR to find sellers at market levels?FR40EUR - 24h expiry 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. Short term RSI is moving lower. A move through 7400 will confirm the bearish momentum. The measured move target is 7350. We look to Sell at 7450 (stop at 7490) Our profit targets will be 7350 and 7330 Resistance: 7450 / 7475 / 7490 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.Shortby OANDAPublished 1
CAC40 1HPossible bullish head and shoulder pattern on this low timeframe, higher timeframes bullish signals. BH&S pattern average violation of neckline is around 70% distance of pattern, if breakout- up after 70% anticipate no pullback to test breakout line. Lower timeframes like 15m and 5 min will be used to gauge bullish/bearish momentum around neckline. Always consider all possible moves the price can make. Head to right shoulder creates triangle pattern, alternative setup is to trade a bearish breakout-down from triangle pattern. Longby ForexCollegeUpdated 0
target 4400French empire still exists secretly in africa. french equities moving nicely within a channel I expect asset prices to fall in the coming years but i give the central planners credit for maintaining inflated asset prices for so long. But then again adjusted for real inflation equities havent gone anywhere in years. Shortby RogueCleanerPublished 0