Get started
CAC 40 IndexCC

CAC 40 Index

7,655.6EURR
−9.0−0.12%
As of today at 15:25 GMT
EUR
No trades
See on Supercharts
Overview News
Ideas
Discussions Seasonals

FRA40 trade ideas

French stocks subdued ahead of electionsAhead of French elections on Sunday, European markets, led by France, underperform a tech-driven Wall Street. Here, the S&P 500 (+0.65%) has just hit a fresh record high, and was on course to end up for the fourth consecutive week. Month- and quarter-end flows in high-flying tech keeps US equities supported as we head to the second half of the year. Meanwhile, French stocks remained under pressure ahead of the weekend, with the benchmark CAC testing its lowest levels since January at the time of writing. Investors are not taking any chances heading into the Sunday's snap elections. But at current levels of around 7460, the index is at a major support. Let's see if dop-buyers re-emerge next week and drive the market higher. However, if the outcome of the elections reveal even more support for the far right wing RN party, then we could see a wobble at the open next week. By Fawad Razaqzada, market analyst at FOREX.com
F
by FOREXcom
CAC 40 struggles to reverse higher after worst week in over two The CAC 40 suffered its worst performance in over two years last week. The political turmoil stemming from the European elections caused the French stock index to drop over 6.5% from the open last Monday as French president Emmanuel Macron called a snap election after the bad results in Sunday’s polls. The index fell 2.7% on Friday alone as polls showed Marine Le Pen’s far-right Rassemblement National or a left-wing coalition could leave Macron’s centrist alliance out of the running. It seems like the surge in right-wing support has left Macron’s party without most of its centre-left and centre-right support. Current ministers have warned that if Rassemblement National were to win it could lead to a debt crisis like the one seen in the UK under Liz Truss, with a lack of fiscal responsibility and a clash with Brussels. But even if Le Pen’s party doesn’t win, there is likely to be political instability up ahead, which has led to turmoil in markets. Yields on French bonds spiked last week with the 10-year yield spread with German bonds shooting up to 0.82%, the highest level in over a decade. But yields on French bonds had already been rising as the S&P S&P Global rating agency downgraded French debt at the close of markets on May 31. The spread between German and French bonds recovered slightly the following week as markets focused on the ECB cutting rates, but Macron’s announced snap legislative elections caused the spread to spike. The timing has been unfortunate as the rating downgrade has added to the perception of financial risks in the French economy. Concerns about the levels of French corporate debt are starting to come to light and markets are worrying about the impact this can have on the French economy and the Euro bloc as a whole. Stock markets in Spain, Italy and Germany all took a tumble last week as a knock-on effect as the Eurozone debt crisis just over a decade ago no longer seems so far away. For now, European stocks are attempting a rebound on Monday morning. The DAX 40, EURO STOXX 50 and CAC 40 are all attempting a rebound after bouncing off Friday’s lows, but the momentum seems fragile. Banks, which hold substantial government debt, have been among the worst-performing French stocks. Last week’s moves have pushed the CAC 40 into oversold territory but it doesn’t seem like this will be enough to stop the bearish momentum. In the last four weeks, the index has dropped below its four key moving averages and therefore there is a lack of immediate support. If the selloff continues, the 7,400 mark has provided support in the past and could offer a chance for new buyers to come in if we see some profit taking this week.
T
by Capitalcom
CAC 40 struggles to reverse higher after worst week in over two The CAC 40 suffered its worst performance in over two years last week. The political turmoil stemming from the European elections caused the French stock index to drop over 6.5% from the open last Monday as French president Emmanuel Macron called a snap election after the bad results in Sunday’s polls. The index fell 2.7% on Friday alone as polls showed Marine Le Pen’s far-right Rassemblement National or a left-wing coalition could leave Macron’s centrist alliance out of the running. It seems like the surge in right-wing support has left Macron’s party without most of its centre-left and centre-right support. Current ministers have warned that if Rassemblement National were to win it could lead to a debt crisis like the one seen in the UK under Liz Truss, with a lack of fiscal responsibility and a clash with Brussels. But even if Le Pen’s party doesn’t win, there is likely to be political instability up ahead, which has led to turmoil in markets. Yields on French bonds spiked last week with the 10-year yield spread with German bonds shooting up to 0.82%, the highest level in over a decade. But yields on French bonds had already been rising as the S&P S&P Global rating agency downgraded French debt at the close of markets on May 31. The spread between German and French bonds recovered slightly the following week as markets focused on the ECB cutting rates, but Macron’s announced snap legislative elections caused the spread to spike. The timing has been unfortunate as the rating downgrade has added to the perception of financial risks in the French economy. Concerns about the levels of French corporate debt are starting to come to light and markets are worrying about the impact this can have on the French economy and the Euro bloc as a whole. Stock markets in Spain, Italy and Germany all took a tumble last week as a knock-on effect as the Eurozone debt crisis just over a decade ago no longer seems so far away. For now, European stocks are attempting a rebound on Monday morning. The DAX 40, EURO STOXX 50 and CAC 40 are all attempting a rebound after bouncing off Friday’s lows, but the momentum seems fragile. Banks, which hold substantial government debt, have been among the worst-performing French stocks. Last week’s moves have pushed the CAC 40 into oversold territory but it doesn’t seem like this will be enough to stop the bearish momentum. In the last four weeks, the index has dropped below its four key moving averages and therefore there is a lack of immediate support. If the selloff continues, the 7,400 mark has provided support in the past and could offer a chance for new buyers to come in if we see some profit taking this week.
T
by Capitalcom
Paris Stock Exchange Set to Open Lower Amid Political UncertaintThe Paris Stock Exchange is expected to open lower on Monday following the European elections, which have raised concerns about the political landscape in Europe. The CAC 40 futures dropped 76.5 points to 7925 points at around 8:15 am, indicating a session start in the red. Markets are reacting to the rise of nationalist parties and French President Emmanuel Macron's announcement of the dissolution of the National Assembly and early legislative elections. If the far-right National Rally party wins, Macron could lose domestic control, adding uncertainty to the market. The CAC 40 dropped 2.4% at the open, leading European market losses, while the Frankfurt DAX and pan-European Stoxx 600 also retreated. The euro has dropped to its lowest level in nearly a month due to the political developments.
EShort
by MorMedia
France's 40 to find buyers at current dip?FR40EUR - Intraday Indecisive price action has resulted in sideways congestion on the intraday chart. Momentum is flat, highlighting the lack of clear direction. Risk/Reward would be poor to call a buy from current levels. A move through 8100 will confirm the bullish momentum. The measured move target is 8150. We look to Buy at 8025 (stop at 7975) Our profit targets will be 8145 and 8165 Resistance: 8100 / 8125 / 8150 Support: 8050 / 8025 / 8000 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OLong
by OANDA
Analysis: FRA40 Indicates Long-Term Buy OpportunityHello Everyone, Currently, FRA40 is positioned above its 1-day pivot point, and the daily/weekly support appears to be holding up effectively. FRA40 is viewed as a long-term buy. If the present support level remains intact, we could witness immediate upward movement, with the aim of the price consolidating above the 1-month pivot point to confirm the upward trend. However, if the support level fails, there's a possibility of a retest of the 1-year support zone. TradeWithTheTrend3344
PLong
by TradeWithTheTrend3344
Unveiling Strong Trends with the Adaptive Trend Finder on CAC40Hello fellow traders, Today, I want to discuss one of my favorite tools for identifying robust short-term and long-term trends on the CAC40 using TradingView—the Adaptive Trend Finder (log). This tool employs a highly effective method based on Pearson correlation, allowing for a nuanced analysis of market trends. Located in the middle of the chart in gray, you'll find an indicator representing the strength of the long-term trend channel. On the right side in yellow, the indicator displays the strength of the short-term trend channel. These visual cues provide valuable insights into the momentum of the market over different time horizons. I encourage you to take a moment to examine and interpret the signals you observe on this chart. What are your thoughts on the current market direction? Feel free to share your analysis and insights in the comments below. Let's engage in a constructive discussion about the potential trading opportunities presented by these trend indicators. Happy trading!
T
by Julien_Eche
CAC40 #HVF for a doubleBig Pattern = Big Moves Long consolidations = Fast Breakouts The #NIKKEI had a beautiful chart pattern and we are seeing the explosive up moves occur in that market. The French stock market - along much Europe hasn't done much for over two years But we are quickly approaching Target 1 of a large --- non conventional HVF Is it monetary stimulus or economic growth that causes the CAC to double? Don't know ... One is more desirable of course. But the same boys cheering the US stock market screaming higher after a decade plus of stimulus. zero rates and buybacks, does it matter? @TheCryptoSniper
TLong
by BallaJi
FR40 to continue in the upward move?FRA40 - 24h expiry There is no indication that the rally is coming to an end. Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher. Risk/Reward would be poor to call a buy from current levels. A move through 8250 will confirm the bullish momentum. The measured move target is 8300. We look to Buy at 8165 (stop at 8125) Our profit targets will be 8265 and 8300 Resistance: 8250 / 8275 / 8300 Support: 8200 / 8175 / 8150 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OLong
by OANDA
FRA40 to find support at market?FRA40 - 24h expiry There is no clear indication that the upward move is coming to an end. Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher. Risk/Reward would be poor to call a buy from current levels. A move through 8200 will confirm the bullish momentum. The measured move target is 8275. We look to Buy at 8150 (stop at 8110) Our profit targets will be 8250 and 8275 Resistance: 8200 / 8250 / 8275 Support: 8175 / 8150 / 8125 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OLong
by OANDA