The Parisian index broke higher during the course of the session on Monday, breaking the top of the hammer from the Friday session. Because of this, we
The Parisian index broke higher during the course of the session on Monday, breaking the top of the hammer from the Friday session. Because of this, we appear to be building up bullish momentum, and as a result we should continue to go higher. Any type of a pullback at this point in time should be a buying opportunity, and as a result we feel this is one of the better markets to be involved in. We believe that the 5000 level below of course is massively supportive, as it is a large, round, psychologically significant number.
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.
