Market Summary
The French stock index ended the day up 0.57%, finishing at 7,817 points. Trading volume was about €5.3 billion.
Investors felt more confident because the United States is looking for a diplomatic solution with Iran, which could open the Strait of Hormuz again. Oil prices steadied despite earlier disruptions.
The Federal Reserve said it can wait before changing policy. The chair, Jerome Powell, noted that inflation expectations are well‑anchored and that tightening too soon could hurt the economy.
What the Fed Said
- No immediate interest‑rate move.
- Enough time to watch the impact of Middle‑East tensions.
- Long‑term inflation outlook remains stable.
Technical Levels for the CAC 40 Futures (April)
Resistance points (price may stop rising):
- 7,811
- 7,825.5
- 7,838.5
- 7,865.5
- 7,886
- 7,903.5
- 7,927
- 7,949.5
- 7,979
- 8,030.5
- 8,053.5
- 8,070.5
- 8,109.5
- 8,138.5
- 8,159.5
- 8,178.5
- 8,192.5
- 8,247
- 8,270
- 8,283.5
- 8,341.5
- 8,420.5
Support points (price may stop falling):
- 7,790.5
- 7,746
- 7,709
- 7,685.5
- 7,626
- 7,606
- 7,579
- 7,477
- 7,328.5
- 7,200
- 7,092.5
- 7,466.5
- 7,330
- 7,164
During the day, the price stayed above 7,838.5, showing a bullish trend.
Chart Outlook
The index has been moving inside a range between 7,685.5 and 7,886 points since March 23. It recently broke the lower edge of that range, which could open the way to the next resistance at 8,053.5 points. If the market pushes past that level, the next target would be around 8,085 points.
If the price falls below the intraday alert at 7,685.5 points, the next safety net is around 7,477 points. A break below that could lead to a larger drop toward the 7,092‑point level.
Takeaway
We keep a bullish stance on the market and remain heavily invested in growth‑focused portfolios. However, we stay ready to adjust our positions quickly if technical signals turn negative.