Our pivot point is at 3948.
Our preference: the upside prevails as long as 3948 is support.
Alternative scenario: the downside breakout of 3948 would call for 3850 and 3791.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 3984 and 3952).
Supports and resistances:
4341 **
4282 *
4223 **
4164
4031 last
3987
3948 **
3850 *
3791 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-20-2025 at 06:30 UTC+1
Price reference: 4031 last known on 10-20-2025 at 06:30 UTC+1
Investment horizon: INTRADAY
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