Key Resistance Zones: 5900, 6000, 6100Key Support Zones: 5400, 5300, 5200 France 40 (FR40EUR) Long-term Trend: BullishFrance 40 index is in a downward move. The selling pressure has been exhausted as the pair find support above level 5366. FR40EUR has resumed upward but faces rejection at level 5600. Daily Chart Indicators Reading:The index is currently […]
Key Resistance Zones: 5900, 6000, 6100Key Support Zones: 5400, 5300, 5200 France 40 (FR40EUR) Long-term Trend: BearishFrance’s 40 index is in a downward move. FR40EUR has fallen since January 11. Today, the market has fallen from level 5689 to level 5411.50. A further downward movement is expected. Daily Chart Indicators Reading:The index is currently at […]
Key Resistance Zones: 5900, 6000, 6100Key Support Zones: 5400, 5300, 5200 France 40 (FR40EUR) Long-term Trend: RangingFR40EUR index is presently consolidating above level 5600. The price is consolidating above the 21-day SMA for a possible upward move. The index has been trading marginally. Also, the price action is characterized by small body candlesticks which describe […]
Key Resistance Zones: 5900, 6000, 6100Key Support Zones: 5400, 5300, 5200 France 40 (FR40EUR) Long-term Trend: BearishFR40EUR index is presently consolidating above level 5600. The index faces rejection at level 5700 and it is falling. The market will fall and find support at level 5300. The price is falling because the RSI has reached the overbought […]
Key Resistance Zones: 5900, 6000, 6100Key Support Zones: 5400, 5300, 5200 France 40 (FR40EUR) Long-term Trend: RangingFR40EUR index is presently consolidating above level 5600. The index is characterized by Small body candlesticks called Doji and Spinning tops. These candlesticks describe the indecision between buyers and sellers about the direction of the market. Daily Chart Indicators […]
Key Resistance Zones: 5900, 6000, 6100Key Support Zones: 5400, 5300, 5200 France 40 (FR40EUR) Long-term Trend: RangingFrance 40 index is in a sideways move below level 5600. The bulls are yet to break the resistance at level 5600. On December 21, the bulls were repelled as the index dropped to level 5300 and move up. […]
Key Resistance Zones: 5900, 6000, 6100Key Support Zones: 5400, 5300, 5200 In the first quarter of 2020, France 40 crashed, reaching a low of level 3700. The index crashed and then pulled back. In the second quarter, the bulls buy the dips as the market resumed its upward move. In December, the index has recovered […]
Key Resistance Zones: 5900, 6000, 6100Key Support Zones: 5400, 5300, 5200 France 40 (FR40EUR) Long-term Trend: RangingFrance 40 index is in a sideways move below level 5600. The price is consolidating above the SMAs but below the resistance at level 5600. A break above the resistance will compel the index to resume an uptrend. The […]
Key Resistance Zones: 5900, 6000, 6100Key Support Zones: 5400, 5300, 5200 France 40 (FR40EUR) Long-term Trend: RangingFR40EUR index is in a sideways move below level 5600. The price is consolidating above the SMAs but below the resistance at level 5600. A break above the resistance will compel the index to resume an uptrend. Daily Chart […]
