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Daily Market Analysis 16.09.2022: DE30

Instrument: DE30

Technical Analysis

Bullish Preference:  
A buy position is envisaged if price trades above 12799.1 with take profit at 12825.1
Bearish Preference: 
A sell position is envisaged if price trades below price 12733.9 with take profit at 12712.2
Fundamentals:
No major fundamental

Comment: 
European stock markets edged higher Thursday, stabilizing after losses earlier in the week, but sentiment remains fragile as investors fret about the impact of tightening monetary policy as economic growth slows.

Analysis: SCRUM Team

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