Looking at the Parisian index, you can see that we had a volatile back and forth type of session. However, we close basically unchanged, as far as the
Looking at the Parisian index, you can see that we had a volatile back and forth type of session. However, we close basically unchanged, as far as the range is concerned. We did gapped at the beginning to the downside, and then just went back and forth. We continue to hug the €4500 level, so at this point in time we feel that the market is trying to build up enough support to go higher, and we probably have several sessions work through this. With this we are on the sidelines, but we are looking for a buying opportunity. We will keep you updated.
Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website’s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence.