Alternatively, it should do after a pullback another leg higher at least.The daily chart below shows in more detail the zigzag lower as wave II. The wave (4) by nature can unfold different Elliott wave patterns. FXStreet has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.Any opinions, news, research, analyses, prices or other information contained on this website, by FXStreet, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.FURTHER DISCLOSURES AND DISCLAIMER CONCERNING RISK, RESPONSIBILITYAND LIABILITYTrading in the Foreign Exchange market is a challenging opportunity where above average returns are available for educated and experienced investors who are willing to take above average risk.However, before deciding to participate in Foreign Exchange (FX) trading, you should carefully consider your investment objectives, level of xperience and risk appetite. All times are ET. Earlier, German GDP and inflation figures missed estimates.From current levels, we are looking in general to the upside. Most stock quote data provided by BATS. PX1 | A complete CAC 40 Index index overview by MarketWatch. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. CAC 40: The French stock market index that tracks the 40 largest French stocks based on market capitalization on the Paris Bourse (stock exchange).
The use of this website constitutes acceptance of our user agreement. Hereby, blue subwaves (1)-(3) of ((1)) might have ended and the wave (4) is currently retracing part of the rise. Still, a double corection lower can take place. The index is currently resuming a rally. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The drop in indices in February-March 2020 which many still relate to COVID-19 events has marked most probably a significant low in world indices. While above 3622.5, CAC40 might be now in development of the wave ((1)) of III to the upside.EUR/USD extended gains during the New York session and hit a new 25-month high after US GDP crashed by 32.9% annualized, better than expected, and continuing claims topped 17 million. FXStreet will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.BTC/USD is trading around $11,000 without any major changes. The daily bull flag is the most important pattern to follow in the short-term.From February 2020 highs at 6111.4, a sharp corection lower in wave II has retraced a respectable part of the motive cycle higher towards March lows at 3622.5. As a consequence, after a corrective move, the trend may resume which is pointing without any doubt to the upside. Each data point represents the closing value for that trading day.
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