TAG: CAC 40
CAC 40 Forex Signal: Looking Vulnerable
Potential signal:At this point, the CAC looks more vulnerable than the DAX. I think if we break below the lows of the trading session on Monday at the €7438 level, then I am shorting this market.However, I would only do that with the caveat that the DAX h...
1 month ago
CAC Forecast: Continues to Face Resistance Above
It’s worth noting that the market is now pressuring the 50-Day EMA, which of course is the indicator that a lot of people used to determine the overall momentum of the market.That being said, I think you’ve got a situation where traders are trying to dete...
1 month ago
CAC 40 Forecast: Slams into 200-Day EMA
The CAC 40 is at a major inflection point, and of course France is quite a bit different in Germany at the moment, due to the fact that the French economy seems to be struggling a bit.Furthermore, the CAC 40 is full of luxury brands, and with the global e...
1 month ago
CAC Forecast: Gives Up Momentum on Friday
It’s obvious to me that we are reaching a major resistance barrier, looking at the €7700 level as a major ceiling.All things being equal, the market also ended up forming a bit of a shooting star, so that does suggest that we are running out of momentum.F...
1 month ago
CAC40 Forecast: Continues to Reach Higher
The Parisian CAC 40 pulled back just a bit to show signs of weakness initially during the trading session on Monday, but then turned around to bounce back above the 200 day EMA.At this point in time, it's worth noting that the Friday candlestick was a sho...
1 month ago
CAC 40 Forecast: Continues to Fall Apart
During the early hours on Friday, we initially saw the market try to rally only to turn around and fall rather significantly in Paris.The CAC 40 has been falling for a while and Friday was just more of the same.This is a market that has been negative for...
1 month ago
CAC 40 Forecast: At Key Levels: Decision Time
In my daily analysis of the world’s indices, Paris has caught my attention as we have bounced after we had seen such a massive amount of negative pressure over the previous 4 sessions.That being said, the market is likely to continue to see a lot of noisy...
1 month ago
CAC 40 Forecast: Continues to Wait for Momentum
The CAC 40 hangs around the €7500 level, which is an area that is of course a large, round, psychologically significant figure, and of course an area that we have seen a lot of action at previously.Furthermore, we also have the 50 Day EMA indicator, which...
4 weeks ago
Dow at record high and Nikkei 225 recovers, but CAC40 comes under pressure
Dow holds near highs The Dow Jones index sits at a record high, rebounding from yesterday’s lows. The past month has seen the price rally from the 50-day simple moving average (SMA). Further gains target last week’s intraday high at 42,637. In the...
2 weeks ago