FRA40 - 24h expiry
There is no clear indication that the downward move is coming to an end.
Further downside is expected.
Risk/Reward would be poor to call a sell from current levels.
A move through 7170 will confirm the bearish momentum.
The RSI is trending lower.
We look to Sell at 7230 (stop at 7280)
Our profit targets will be 7110 and 7080...
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Our ongoing quest through the markets unfolds another intriguing chapter, serving as a testament to the unpredictability and dynamism that is trading. If you're joining this journey for the first time or have been a steadfast companion, here's a brief rundown of the principles driving this series:
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FRA40 - 24h expiry
The move higher is mixed and volatile, common in corrective sequences.
We expect a reversal in this move.
Risk/Reward would be poor to call a sell from current levels.
A move through 7300 will confirm the bearish momentum.
The measured move target is 7200.
We look to Sell at 7350 (stop at 7390)
Our profit targets will be 7250 and 7200...
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)...
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 /...
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...
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...
FRA40 - 24h expiry -
Previous support at 7500 now becomes resistance.
We are trading at overbought extremes.
We look for a temporary move higher.
A higher correction is expected.
Short term bias has turned negative.
We look to Sell at 7509 (stop at 7569)
Our profit targets will be 7361 and 7331
Resistance: 7470 / 7500 / 7535
Support: 7420 / 7400 /...
FRA40 - Intraday - We look to Sell a break of 7509 (stop at 7561)
Previous support located at 7500.
Previous resistance located at 7570.
Price action looks to be forming a top.
Short term momentum is bearish.
A move through 7500 will confirm the bearish momentum.
Our profit targets will be 7385 and 7365
Resistance: 7570 / 7600 / 7650
Support: 7500 / 7350...
i wont say much stuff,but what i will say ,its full fundamental and what happens in the country
#cac40 (fra40 outperform many index,if its not all) while in France all gone bad since many weeks
Big protest and it is not finish..
next data will surely be down as protest had block few sector
the President public opinion had never been so low u can go on twitter...
FRA40 - 24h expiry -
Doji-style candle has been posted at the high.
Previous support is located at 7475.
Previous resistance is located at 7525.
Price action looks to be forming a top.
Short-term momentum is bearish.
A move through 7475 will confirm the bearish momentum.
We look to Sell a break of 7479 (stop at 7545)
Our profit targets will be 7325 and...
FRA40 - 24h expiry - We look to Sell at 7200 (stop at 7300)
Previous support located at 7050.
Previous resistance located at 7150.
Price action has stalled at good resistance levels and currently trades just below here (7150).
Risk/Reward would be poor to call a sell from current levels.
A move through 7050 will confirm the bearish momentum.
Our profit...
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...
The bullish channel got violated after the peak at price 6797.7, this is now a change of structure. Looking for market to hit price 6627.1 which is our previous daily high then take a slight upward move to complete head-and-shoulders pattern… From the emerging formation then we can smoothly continue to go bearish until the neckline at 6420.0…
Trade Idea: Sell CAC
Reasoning: Medium term looking bearish - selling a break of a descending triangle
Entry Level: 5896
Take Profit Level: 5787
Stop Loss: 5949
Risk/Reward: 2.06:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The...
Presidential election in France will decide which way the market go on Monday.
Macron wins- pro EU , the market will go up
Le Pen wins - anty EU, big move down
Not a trading advice!
