Instrument: DE30
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 14505.0 with take profit at 14522.7
Bearish Preference:
Sell position is envisaged if price trades below 14453.9 and take profit at 14439.0
Fundamentals:
No Major fundamental
Comment:
European markets climbed on Thursday. Ibex 35, CAC 40, DAX encouraged by the rises in Asia and Wall Street after the words of Jerome Powell, president of the U.S. Federal Reserve (Fed), who suggested a slowdown in the pace of interest rate hikes of the agency from this coming December meeting.
Analysis: SCRUM Team