Daily Market Analysis 05.12.2022: DE30

Instrument: DE30

Technical Analysis

Bullish Preference:  
Buy position is envisaged if price trades above 14553.3 with take profit at 14563.9
Bearish Preference: 
Sell position is envisaged if price trades below 14506.8 and take profit at 14493.8
No major fundamental

European stock markets are expected to open in a tepid fashion Monday, as investors digest more Chinese cities relaxing mobility restrictions as well as the release of more important regional economic data.

Analysis: SCRUM Team

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