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Frankryk 40 (FR40EUR) Trends op lange termyn: Bullish
France 40 index is in an upward move. The index has fallen to level 4600 and resumed upward. On November 10 uptrend, a retraced candle body tested the 78.6% Fibonacci retracement level. This indicates that the pair will rise and reverse at level 1.272 Fibonacci extension.
Yndyske oantsjuttings foar lêzen fan kaart:
It is currently at level 72 of the Relative Strength Index period 14. It is in an uptrend zone and above the centerline 50. The index is now trading in the overbought region of the market. Sellers may emerge in the overbought region. The 21-day SMA and the 50-day SMA are sloping upward indicating the uptrend.
Frankryk 40 (FR40EUR) Trend op 'e lange termyn: Bullish
On the 4- hour chart, the index is in an uptrend. On November 10 uptrend; a retraced candle body tested the 78.6% Fibonacci extension. This indicates that the index will reach level 1.272 Fibonacci extensions. That is the market will rise and reach level 1.272 and reverse. That is at the high level 5598.
4-oere grafyske yndikatoaren lêze
The index is currently above the 80% range of the daily stochastic. It is trading in the overbought region. There is a likelihood of a sellers’ emergence in the overbought region.
Algemien Outlook foar Italië Frankryk 40 (FR40EUR)
France 40 is in an uptrend. All the indicators are pointing to the overbought region of the market. The implication is that sellers may emerge. On the other hand, is a strong trending market the overbought condition may not hold
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