France
CAC 40 still looking bon to 7,943Cup and Handle is still in play with CAC40,
7>21>200 -Bullish - Green background
RSI>50
Bullish bias
Target 7,943
Fundamentals:
Seems like the smaller exchanges are following the SPX, Nasdaq and even top companies now.
There is bullishness in the air all around. I will be taking advantage as much as I can until the trend changes
France CAC - what it will be? If you ask yourself where is France Index CAC going – I think it is obvious – It will move up and down to the sky.
It needs time like DAX but the direction is only one – but remember that RSI is very low and weak. The same with MACD below 0.
But I suppose that they will want to make new highs –
Like DAX waiting for march 2023 r. what will bring new month and new candle on the W channel.
France 40 to find support at current price?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 profit targets will be 7250 and 7300
Resistance: 7200 / 7250 / 7300
Support: 7150 / 7100 / 7050
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Key levels for SANOFIThe algorithm is showing a very profitable pattern in SANOFI.
First, if the price breaks up we have a clear rally until the top of the channel with a tight stop loss slightly below the break point.
On the other hand, if the market is moving down, we should see a break to the downside of the channel, then an easy break of the support and the blue line would be the last support before we see a major correction to 83$, where 3 different patterns are pointing out as a clear support area where demand will come back.
Good luck!
Who wins the World Cup📝This Sunday will be held the final of the World Cup, which will define a new three-time champion.
Entering this mood, I researched the fan tokens of the finalist teams, Argentina and France.
Argentina's token is traded on several exchanges, and was created via a Chiliz contract.
France's token is traded only on PancakeSwap via Binance's blockchain, but it has a warning sign in the smart contract regarding security.
📈Argentina
Trading Token: ARGUSDT
Traded on exchanges:
- bitget
- OKX
- Gateio
- Huobi
- Poloniex
- Phemex
📈France
Trading Token: FRAUSD
Traded on exchanges:
- PancakeSwap
⚠️ Disclaimer: 'token has a variable tax function on the smart contract to change tax rates post deployment.
Do your own research and be careful if you are trading this token' (Coingecko)
Unfortunately Brazil, my country, fell out earlier.
May the best win.
Inflation Rate of the G20 countriesThe G20 is made up of the world's 19 largest economies, represented by the finance ministers and heads of central banks, plus the European Union, represented by the European Central Bank and the rotating presidency of the European Council.
This graph shows the inflation of these countries month over month (MoM).
Source:
tradingeconomics.com
CAC looking bullish again to 6,539Ascending triangle formed on Daily CAC index.
The price has broken out of its downtrend since Aug 2022 showing it's in a bull market.
Also price has broken above the Ascending Triangle with a target of 6,539
CONCERNS:
Price is still below the 200MA which denotes a long term bear market.
Nevertheless, I'm bullish.
Regards
MATI Trader
October 17 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
Bitcoin is up 0.41% over the last 24 hours and rose to an intraday high of $19,426.55. The largest cryptocurrency has been trading around the $19,000 price level during the weekend, suggesting the volatility caused by the inflation data has been reduced. For now, the BTC/USDT pair is trading slightly below the 20-day exponential moving average (EMA)($19,380), and the bulls are attempting to push the price above the $20,000 price level.
Today’s Cryptocurrency Headline
France Approves Société Générale to Operate Digital Asset Services
French banking giant Société Générale has been approved to operate digital asset services through its fully integrated blockchain-focused subsidiary Société Générale Forge. The approval came from France’s financial market regulator ‘Autorité des Marchés Financiers (AMF). It was stated that the banking giant can now provide services to store, sell and trade digital assets through its subsidiary Société Générale Forge.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
Joe Gun2Head Trade - CAC at major support on the dailyTrade Idea: Buying CAC
Reasoning: CAC at major support on the daily
Entry Level: 5816
Take Profit Level: 6022
Stop Loss: 5725
Risk/Reward: 2.25:1
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 technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
CAC 40 HELLO GUYS THIS MY IDEA 💡ABOUT CAC40 is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the Seller from this area will be defend this SHORT position..
and when the price come back to this area, strong SELLER will be push down the market again..
DOWNTREND + Support from the past + Strong volume area is my mainly reason for this short trade..
IF you like my work please like share and follow thanks
TURTLE TRADER 🐢
SPX us500 s&p 500 Hello receive a cordial greeting.
You have at your disposal a brief technical analysis of the S&P500 We have as the most likely scenario a lateral or slightly upward movement in the short term and in the medium term caution possible bearish movement. Key support and resistance are at your disposal.
Kind regards L.E.D.
MC (LVMH) in a decisive situationThe long term consensus for EURONEXT:MC is still bullish . In this bullish context , it has formed a flag pattern on the daily chart which is a continuation pattern looking to be confirmed by a breakout . If this pattern is confirmed by a significant breakout and a close above the upper line , then the price would have a high probability to continue upwards toward the (847-852) area .
If price fails to break above the upper line and breaks below the lower line , then we could wait for price to return and find support on the 598-602 area , and look for a potential buy opportunity depending on the market conditions .
If price fails to find support on the 598-602 area ,the. we could expect a return to around the 558-562 area , and look for a potential buy opportunity depending on the market conditions.
Stay tuned for any upcoming updates .
Requests,Suggestions and Remarks are all welcomed .
Novacyt ALNOV They have marked the supports and resistances of ALNOV .
It has great upside potential, key level reaching $ 5
Last Friday news Clinical diagnostics specialist Novacyt announced on Friday thatots ‘genesig’ Covid-19 real-time PCR test has been approved in the UK. Great news and great upside potential.
A cordial greeting.
In Spain on 12/28/2021 L.E.D.
Wish you all the best and a happy New Year