Daily Market Analysis 06.05.2022: DE30

Instrument: DE30

Technical Analysis

Bullish Preference: 
Buy position is envisaged if price trades above 13835.8 with take profit at 13863.0
Bearish Preference: 
Sell position is envisaged if price trades below 13734.9 with take profit at 13713.5
No major Fundamental

European stock markets traded lower Friday, following the broad sell-off on Wall Street overnight as investors fretted that aggressive central bank tightening will severely curb economic growth. German industrial production slumped in March, falling 3.9% on the month, illustrating the difficulties the Eurozone’s largest economy has had coping with the pandemic restrictions and the war in Ukraine.

Analysis: SCRUM Team

Leave a Comment

Your email address will not be published.

Free Online Class
Select the fields to be shown. Others will be hidden. Drag and drop to rearrange the order.
  • Image
  • SKU
  • Rating
  • Price
  • Stock
  • Availability
  • Add to cart
  • Description
  • Content
  • Weight
  • Dimensions
  • Color
  • Additional information
  • Attributes
  • Custom fields
Wishlist 0
Open wishlist page Continue shopping