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Daily Market Analysis 21.10.2022: DE30

Instrument: DE30

Technical Analysis

Bullish Preference:  
Buy position is envisaged if price trades above 12733.8 with take profit at 12767.7
Bearish Preference: 
Sell position is envisaged if price trades below 12603.0 with take profit at 12574.7
Fundamentals:
No high-impact fundamental 

Comment: 
European stock markets are expected to open lower Friday, as rising bond yields reinforced expectations of an economic slowdown while U.K. political turmoil continued.

Analysis: SCRUM Team

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