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.
Being FXEmpire’s analyst since the early days of the website, Chris has over 20 years of experience across various markets and assets – currencies, indices, and commodities. He is a proprietary trader as well trading institutional accounts.
