The Parisian index initially fell during the course of the day on Thursday, testing the €4050 level for support. That being the case, the market did end
The Parisian index initially fell during the course of the day on Thursday, testing the €4050 level for support. That being the case, the market did end up breaking out to the upside as we clear the €4100 level without too much drama. We believe that the market goes all the way up to the €4500 level given enough time, and as the French market in that being one of the more so-called “stable” market as it’s part of the European core, we like the CAC overall and have absolutely no interest in selling this market now.
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.
