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CAC 40 Rises With Political Turmoil In Focus

2024-11-26 4456

(fxcue news) - French stocks were sharply higher on Tuesday despite Prime Minister Michel Barnier bracing for a no-confidence vote this week over a budget dispute. After Barnier invoked a rarely used constitutional mechanism to push through the contentious 2025 budget without parliamentary approval, Marine Le Pen's far-right National Rally and the leftist New Popular Front both have filed no-confidence motions, setting the stage for a vote as early as Wednesday that could see Barnier's ouster. The benchmark CAC 40 was up 72 points, or 1 percent, at 7,309 after finishing marginally higher the previous day. Worldline SA shares were up 2.6 percent, extending gains from the previous session after the payments group attracted takeover interest from private equity firms.

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CAC 40 Rises With Political Turmoil In Focus

Higher Open Called For Taiwan Stock Market

Additional Support Anticipated For Malaysia Stock Market

Euro Falls Against Majors

Australia Has A$14.149 Billion Current Account Deficit

Indian Rupee Falls To Record Low Against U.S. Dollar

Stellantis Shares Hit Following Resignation Of CEO Carlos Tavares

CAC 40 Rises With Political Turmoil In Focus

Elon Musk's $56 Bln Pay Package Not To Be Reinstated

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Trader

Buy more near the opening of gold at around 2606, lose 2598, look at 2620, 2626; Short selling is available near 2647 first!

Gold trading: 2615 short selling, loss 2624, take profit 2593

Gold short selling stop loss...

Today's gold trading strategy 1: Buy long until it falls back to around 2589, lose 2582, look short around 2615, target 2620-25; Strategy 2: Short sell when the rebound reaches around 2625, with a loss of 2633. Short look around 2590, with a target of 2560.

Sell near spot gold 2604, protect 2614, target 2582-2570; Break through holding;

Gold bought more at 2590 in the morning session of the Asian market today, 2585, with a target of 2610.

Short term focus on the resistance line of 70.5-71.0 above crude oil, and short-term focus on the support line of 68.0-67.5 below.

Today's short-term operations in gold are mainly focused on rebound short selling, supplemented by buy long during pullbacks. The short-term focus above is on the resistance line of 2605-2610, while the short-term focus below is on the support line of 2575-2570.

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CAC 40 Rises With Political Turmoil In Focus

Higher Open Called For Taiwan Stock Market

Additional Support Anticipated For Malaysia Stock Market

Euro Falls Against Majors

Australia Has A$14.149 Billion Current Account Deficit

Indian Rupee Falls To Record Low Against U.S. Dollar

Stellantis Shares Hit Following Resignation Of CEO Carlos Tavares

CAC 40 Rises With Political Turmoil In Focus

Elon Musk's $56 Bln Pay Package Not To Be Reinstated

Please sign in

Trader

Buy more near the opening of gold at around 2606, lose 2598, look at 2620, 2626; Short selling is available near 2647 first!

Gold trading: 2615 short selling, loss 2624, take profit 2593

Gold short selling stop loss...

Today's gold trading strategy 1: Buy long until it falls back to around 2589, lose 2582, look short around 2615, target 2620-25; Strategy 2: Short sell when the rebound reaches around 2625, with a loss of 2633. Short look around 2590, with a target of 2560.

Sell near spot gold 2604, protect 2614, target 2582-2570; Break through holding;

Gold bought more at 2590 in the morning session of the Asian market today, 2585, with a target of 2610.

Short term focus on the resistance line of 70.5-71.0 above crude oil, and short-term focus on the support line of 68.0-67.5 below.

Today's short-term operations in gold are mainly focused on rebound short selling, supplemented by buy long during pullbacks. The short-term focus above is on the resistance line of 2605-2610, while the short-term focus below is on the support line of 2575-2570.

Tags

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