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Daily Market Analysis 28.07.2022: DE30

Instrument: DE30

Technical Analysis

Bullish Preference:  
Buy position is envisaged if price trades above 13228.2 with take profit at 13266.3
Bearish Preference: 
Sell position is envisaged if price trades  below 13141.9 with take profit at 13102.2
Fundamentals:
No major fundamental

Comment:
European Stocks Rise Amid Fed Decision Expectations, Earnings Glut European stocks opened higher on Wednesday, as traders await a key Federal Reserve policy decision and digest a fresh batch of corporate earnings. Investors are waiting with bated breath to see the extent the U.S. central bank will go to combat inflation running at 40-year highs as it concludes its two-day policy-setting meeting later in the session.

Analysis: SCRUM Team

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