Will FR40 find buyers at market?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)
Our profit targets will be 7350 and 7375
Resistance: 7350 / 7400 / 7425
Support: 7250 / 7225 / 7200
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.
F40 trade ideas
France Stocks are Due to CrashSeveral France company had enjoy massive stock gains since beginning of the year while US companies had layoff hundred of thousands tech workers. However this will not last long, as France money supply has been tightened since beginning of the year. CAC40 index shows that current run up in France stock is mainly driven by run up in US stock, which is not make any sense at all while the European economy were driven by ECB money printing machine. As long as ECB is reducing the available Euro money supply from the economic system, European economy will be in dire situation. France will be impacted as well and the money supply chart for CAC40 shows that it is on the brink of 25-30% correction as a whole. Note that some overpriced companies may crash more than the index. The stock crash will be followed by mass layoff in the next 3-6 months just like what happened in the US this year.
$$$$ ---(UPDATE)---- FRA40INDEX----30min-2H-3H Time Frame :D <3Heres a smaller time frame updated chart<>!<>$
+ GAP IN TIME FRAME LINE IS PURPLE + May 1st 2023 + through + June 5th 2023
price prediction hypothesis based on my knowledge, expertise, and basic SUPPORT & RESISTANCES
Thank you
Please Self-involve before trading off of J&B Investments Call Out's Please and thank you
DONT FORGET ABOUT THE MAJOR HIKE BACK IN 2019-2020 When FRA index's Reached a High of $200,000 Candle Stick of an ALL TIME RECORD HIGH WHAT THE HE//?
Average Price is $6050 (support major time frame 1 week-1month) + through + $7250 (Resistance major time frame 1 week-1month)
(: --------- May1st 2023 ------------- June 5th 2023 ---------- *Summer TIME* :D
FRANCE40___?__+__?__ INDEX!!!!!!Fun Fact! What is FRA40 index? The FRA40 is a benchmark index containing 40 of the biggest companies on the Euronext Paris exchange FRANCE40___?__+__?__ INDEX!!!!!! PLZ ANALYZE ATE YOUR OWN PACE use to your own RISK ALERT ADDED @ 214,748.36
Major JUMP
Major JUMP
Major JUMP
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Major JUMPMajor JUMP
Major JUMP
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Most likely Augest 2019- mid January 2020 MAJOR $$$$$$$$$$$$$ MAJOR CANDLE STICK!!!!!!!
France Rebound ?
Later when the market opens.
It's in the value zone.
How we manipulate the situation to our advantage.
> I always scale bigger (1-3-7 etc etc) within range with stoploss fixed.
So if only 1 was hit.. will ride only that.
#2 hit ..
All depends on what the market gives me.
Market = supermarket.
You'd want to stack up at discount prices.
Stops = whatever bought are spoilt.
It's normal in dealing; just make sure. The trades you are doing gives a positive return.
Not everyone is a car dealer or a restaurant owner.. because I am not well knowledgeable in those kind of business.
Or I shall learn the tips and tricks>> if i want to.
And we can be selective in our choices of buys >> Market will display whatever they want >> we choose what's value to us.
hehehe... enough of small talks.
I'm not a guru.
Will FRA40 find buyers at market?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 / 7500
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.
Did FRA40 find a local bottom? 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 / 7325 / 7300
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.
CFD Update: FRA40 pushing at a new leg higher?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 suggest a new push higher. Price formed an HL in the 38.2 fib area, support has been formed, and we see the support hold from a previous point of resistance. Price broke through the trendline, but we still need to see a new rally to confirm that.
A new lower that closes below support is worry and could invalidate the idea. Another factor is tomorrow's US CPI data. Depending on what’s released, this could impact US indices and, in turn, move European indices. The Core is expected to come in lower, with Y/Y flat at 5.0% and the M/M higher at 0.4%. The CPI data is due to be released at 8:30 am EST tomorrow.
Thanks for stopping by. Good trading, and have a great day.
CAC - the same pattern like in 2012hi,
Right now we have a strong field of distribution on the market. The main point of CAC was in 7586 points. The index did not continue to move up and right now we see that direction is on the south.
Stocks of banks were very high and we have a distribution on UniCredit or Credit Agricol. The stocks did not move up all the time and we had double highs on UniCredit.
I suppose that in June or July 2023 we will have a little "correction" on the market. After that there should be a little sign up till the September and then there can be a little correction to this moment. And with start of 2024 we will see a move up on the index.
Support level right now is 6862. This is a key point. In in the 6217 we will see a buying power and bulls. On the 6862 there is a line. Below it there is a field for bears and a accumulation point.
I am right now interested in Renault - as a example of french cheap stock of car manufacture. I saw that the pattern on this stock is very similar like in pattern of 2009 - 11 - 12. I wrote a idea for Renault.
2009 - is right now 2020 and covid bottom. Then we have a move up after it, war inside, and I suppose that economy will move ahead.
Inflation is moving down, so the rates will go down. After that the production will move up. People will stop to save money and will start to give it to other people to buy goods and economy will prosper from it.
It is a simple idea but I suppose that I present it clear.
I suppose that banks stocks will stop in correction in some point and will not a make second bottom on 09.22 lows. Only maybe Deutsche Bank will move down to the bottoms and will be a very cheap stock to buy.
CAC to find sellers at market?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 / 7370
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.
French stock market about to get REKTAll in short.
All the FUD during the last weeks is about to be priced in. So much fun is coming after $SI liquidation, now we have Silicon Valley Bank fud.
Let the greedy bulls era end and spread to Europe.
PS : Sorry I'm being emotional (but this is drawing a nice rounded top)
CAC40 to breakdown?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 / 7300
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CAC40 ShortDisclaimer: This is not financial advice. The information presented is only an opinion and should not be considered as investment guidance. Do your own research and consult a financial professional before making any trading decisions.
Trade Details:
Instrument: CAC40
Position: Short
Entry: Between 7500 - 7566
Stop Loss (SL): 7726 (2 x Daily ATR of 60 = 7566 + 160 )
Target Levels:
Target 1 (T1): 0.382 Fibonacci retracement level
Target 2 (T2): 0.618 Fibonacci retracement level
Target 3 (T3): 1.0 Fibonacci retracement level
Target 4 (T4): 1.272 Fibonacci extension level
Target 5 (T5): 1.618 Fibonacci extension level
Please note that this trade idea is based on technical analysis and current market conditions. Market conditions can change rapidly, and it is essential to keep an eye on any fundamental news or events that may impact the stock price. Always adhere to proper risk management and use appropriate position sizing.
CAC to breakdown?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 7300
Resistance: 7525 / 7550 / 7600
Support: 7475 / 7400 / 7300
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.
European Equity Indices Refresh YTD HighsDaily Timeframe.
Aside from the FTSE 100—which gauges the performance of 100 blue-chip UK-listed companies on the LSE weighted by market capitalisation—Germany’s DAX 40, France’s CAC 40 and the Euro Stoxx 50 refreshed YTD highs last week.
The trend is clear in all four markets, presented through a series of higher highs and higher lows.
Consequently, more so on the DAX 40, the CAC 40, and the Euro Stoxx 50, given each index forged YTD highs, dip-buying opportunities could be seen in the coming weeks.
The three aforementioned indexes boast trendline supports taken from the lows 11,796, 5,704 and 3,251, respectively, should a notable correction unfold. In the nearer term, however, the week ahead shows clear support levels could also be brought into the fight at 15,280, 7,380 and 4,314, respectively.
CAC to stall at previous support?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 targets will be 6950 and 6900
Resistance: 7150 / 7200 / 7300
Support: 7050 / 7000 / 6950
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.