Home / Analytics / CAC 40 H1: The Price Action Forecast for the American Session on 11.6.2026

CAC 40 H1: The Price Action Forecast for the American Session on 11.6.2026

During the previous trading session, CAC 40 demonstrated downward dynamics. On a longer time-frame, the upward trend still prevails.
The support and resistance levels:
The nearest support is set at the 8109.81 mark.
This level is formed due to the appearance of the Pin Bar pattern. This pattern is represented with a candle with a small real body and a long lower shadow. This pattern is quite common at strong support levels.
The nearest resistance is set at the 8291.02 mark.
The Three Black Crows pattern formed this level. It consists of three consecutive black long-bodied Japanese candlesticks that open inside the body of the previous candle and close below its closing.
Trading recommendations:
The price movement dynamics for a longer period of time as well as the latest signals on the chart indicate the long positions opening intraday. The entry points can be considered from the nearest support levels.

Leave a Reply

Your email address will not be published. Required fields are marked *