FXEMPIRE
All
Ad
Corona Virus
Stay Safe, FollowGuidance
World
20,026,186Confirmed
734,020Deaths
12,900,661Recovered
Fetching Location Data…
Advertisement
Advertisement
Christopher Lewis
cac

The Parisian index initially tried to rally during the course of the session on Friday, but turned back around to form a negative candle. The €5000 level offered far too much resistance, and as a result it appears that we are going to grind a little bit lower. We do think that there is more support below though, so we are waiting to see if we get some type of supportive candle to start buying. We recognize that there could be a lot of choppiness, but at the end of the day short-term charts will probably have to be used in order to place long positions.

 

Advertisement
Don't miss a thing!
Discover what's moving the markets. Sign up for a daily update delivered to your inbox

Latest Articles

See All

Expand Your Knowledge

See All

Trade With A Regulated Broker

  • Your capital is at risk