The FRA40 index tests its all-time high for strength

  • Nov 01 2021
  • by
  • Analyst AZA
The FRA40 index tests its all-time high for strength

The FRA40 index tests its all-time high for strength

The French FRA40 stock index is close to its all-time high. Such levels are important and their breakout can bring traders big profits. It is enough to wait until the price can create a new all-time high and join the bulls. As a rule, such breakouts receive an additional impulse due to the large number of orders that are placed behind them.

Symbol: FRA40
Order Type: Pending Order - Buy Stop
Entry Price at 6915
Take Profit at 6950
Pips Earning: 35

Forex trade strategy for major currency pairs:
EURUSD sell at the price of 1.1535
USDJPY buy at the price of 114.45
GBPUSD sell at the price of 1.3640
USDCHF sell at the price of 0.9140

The result of a trade recommendation.

The result of a trade recommendation.

img
Daily trading analysis of stock indices
The profit can be $350.00 if the trading volume of 10 Futures.

Promotions

top authors

Fundamental analyst

Stan Zabar
Fundamental analyst

Head of Analysis Department

Michael Wallenberg
Head of Analysis Department

Economic Observer

Alan Dofine
Economic Observer

Call US Feedback
en de nl fr pt es it uk zh ko ja ar ru pl tr