Home / Analytics / CAC 40 H1: The Price Action Forecast for the American Session on 21.1.2026

CAC 40 H1: The Price Action Forecast for the American Session on 21.1.2026

During the previous trading session, the price of CAC 40 decreased, moving in the main trend direction on the higher time-frame.
The support and resistance levels:
The support level is near the 7995.13 mark.
The Bullish Doji Star pattern has formed here. This pattern is a combination of two Japanese candlesticks. The first candle is with a long real body, and the second candle is a doji, which opens with a gap up.
The resistance level is near the 8077.03 mark.
This level was formed by a Pin Bar pattern. This pattern is presented with a single Japanese candle with a small real body and a long upper shadow. This is one of the key patterns in the Price Action system.
Trading recommendations:
During the day, it is worth considering the possibilities for opening short positions. This is indicated by both: the dynamics of price movement over a longer distance and the latest formed pattern.

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