Instrument: DE30
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 12863.3 with take profit at 12887.5
Bearish Preference:
Sell position is envisaged if price trades below price12700.1 with take profit at 12673.7
Fundamentals:
10:00am EUR CPI Flash Estimate y/y
Comment:
European stock markets slumped Thursday, ending a tough month on a gloomy note, weighed by concerns like aggressive monetary tightening to curb inflation will cause a severe global economic slowdown.
Analysis: SCRUM Team