Daily Market Analysis 12|01|2021: DE30

Daily Analysis / Online Education

Daily Market Analysis 12|01|2021: DE30

Instrument: DE30

Technical Analysis

Bullish Preference: 
Buy is envisaged if price trades above 13968.90 with take profit at 13982.50.
Bearish Preference: 
Sell is envisaged if price trades below 13983.80 with take profit at 13933.80.
No Major Fundamentals

Comment: Germany reported an increase in coronavirus cases even as most of Europe was under the strictest restrictions, worldwide coronavirus cases surpassed 90 million on Monday, according to a Reuters tally. Many European countries are battling a surge in Covid-19 cases following the emergence of a new highly transmissible strain of the virus, racing to vaccinate their elderly, the most vulnerable members of society.

Analysis: SCRUM Team

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