Instrument: DE30
Technical Analysis
Bullish Preference:
A Buy position is envisaged if price trades above 14106.9 with take profit at 14183.5.
Bearish Preference:
A Sell position is envisaged if price trades below 13925.7 with take profit at 13859.5.
Fundamentals:
2:30pm USD Unemployment Claims
4:00pm USD Fed Chair Powell Testifies USD ISM Services PMI
5:30pm CAD BOC Gov Macklem Speaks
Comment:
Germany stocks were higher after the close on Wednesday, as gains in the Telecoms, Industrials and Software sectors led shares higher. At the close in Frankfurt, the DAX rose 0.69%, while the MDAX index added 0.37%, and the TecDAX index gained 0.61%.
Analysis: SCRUM Team