The CAC had a slightly positive session during the day on Wednesday, but at the end of the day really did move too much. The market now looks as if it’s
The CAC had a slightly positive session during the day on Wednesday, but at the end of the day really did move too much. The market now looks as if it’s ready to continue to go higher, and on a move above the 4180 level, we believe that the market should continue to go much higher. We believe that the market will target the €4500 level, but it will more than likely have several pullbacks between here and there. We believe the pullbacks should continue to find buyers, but right now the market looks like it’s ready to consolidate.
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.
