The Parisian index did very little during the session on Tuesday, as we continue to hover just above the €4100 level. Because of this, it appears that the
The Parisian index did very little during the session on Tuesday, as we continue to hover just above the €4100 level. Because of this, it appears that the market should continue to find buyers in this area, and we believe that most likely this market will go higher from here. However, we need to see a break above the €1180 level in order to start buying, as we believe that the area although supportive, is more than likely going to attract a lot of back and forth action. Ultimately, we anticipate that this market goes to the €4500 level.
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.
