Instrument: DE30
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 14570.6 with take profit at 14586.9
Bearish Preference:
Sell position is envisaged if price trades below 14527.9 with take profit at 14510.7
Fundamentals:
2:30pm USD Average Hourly Earnings m/m
USD Non-Farm Employment Change
USD Unemployment Rate
Comment:
European stock markets traded in a mixed fashion Thursday, as investors digested disappointing German trade data as well as the hawkish tone from the minutes of the last Federal Reserve meeting ahead of the release of key Eurozone inflation data.
Analysis: SCRUM Team
