Instrument: DE30
Technical Analysis
Bullish Preference:
A Buy position is envisaged if price trades above 13973.7 with take profit at 14115.8.
Bearish Preference:
A Sell position is envisaged if price trades below 13595.9 with take profit at 13406.8.
Fundamentals:
2:30pm USD Prelim GDP q/q
USD Unemployment Claims
6:00pm USD FOMC Member Mester Speaks
Comment:
Germany stocks were lower after the close on Wednesday, as losses in the Utilities, Retail and Pharmaceuticals & Healthcare sectors led shares lower. At the close in Frankfurt, the DAX fell 0.42% to hit a new 6-months low, while the MDAX index unchanged 0%, and the TecDAX index unchanged 0%.
Analysis: SCRUM Team