Instrument: DE30
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 13686.5 with Take Profit at 13703.7
Bearish Preference:
Sell position is envisaged if price trades below 13621.7 with Take Profit at 13607.9
Fundamentals:
No major fundamental
Comment:
European shares eked out gains on Thursday as some strong quarterly results lent support, while Britain’s FTSE 100 underperformed peers after the UK central bank lifted interest rates by the most since 1995. The pan-European STOXX 600 index, earlier up 0.3% and hitting near two-month highs, eked out a gain of 0.2% by the close, with UK’S FTSE 100 flat.
Analysis: SCRUM Team