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European Indices Lead the Charge with Copper and Euro-Swissy in Focus

By
Christopher Lewis
Published: Aug 7, 2026, 12:29 GMT+00:00

EU indices are a strong point at the moment, and I am looking to get into those markets.

CAC 40 Technical Analysis

The CAC 40 trades around 8,732.8, breaking to a fresh high above the 8,500.0 level and both its 50-day and 200-day EMAs. Source: TradingView.

The CAC in Paris is the first place I’m looking at. I like the way it’s behaving. I want to see if it can continue its march higher. It touched an all-time high. It looks like it wants to break even higher. We’ll have to wait and see, but as we start to close out the week, the closer we are to the very top of the candlestick or perhaps above the one from the previous session, the better we look, and at that point in time, I’m happy to get long of the CAC.