Our pivot point stands at 4392.
Our preference: the upside prevails as long as 4392 is support.
Alternative scenario: below 4392, expect 4300 and 4244.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 4440 and 4427).
Supports and resistances:
4756 **
4700 *
4645 **
4590
4472 last
4429
4392 **
4300 *
4244 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-17-2025 at 08:49 UTC+1
Price reference: 4472 last known on 08-17-2025 at 08:49 UTC+1
Investment horizon: INTRADAY
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