The Parisian index fell initially during the course of the week, crashing into the €4250 level. We found enough support there to turn things back around
The Parisian index fell initially during the course of the week, crashing into the €4250 level. We found enough support there to turn things back around and shoot much higher. The €4600 level been broken to the upside suggests that the market is starting to build up enough momentum to send this market back towards the highs. We’ve had quite a bit of wealth distraction in most of the European indices, and it now appears that stability is coming back into play and should send this market much higher.
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.
