Instrument: DE30
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 12507.4 with take profit at 12538.9
Bearish Preference:
Sell position is envisaged if price trades below 12388.5 with take profit at 12366.0
Fundamentals:
No major fundamental
Comment:
European shares edged lower on Thursday, paring back early gains, after stocks in the U.S. fell following fresh job market numbers and a deep output cut by the OPEC+ group of producer nations.
Analysis: SCRUM Team