Daily Market Analysis 20.01.2023: DE30

Instrument: DE30

Technical Analysis

Bullish Preference:  
A Buy position is envisaged if the price trades above 15111.4 take profit at 15127.1
Bearish Preference: 
A Sell position is envisaged if the price trades below 15039.4 take profit at 15025.0
All Day WEF Annual Meetings

European stock markets are expected to open higher Friday, with investors attempting to maintain January’s positive tone amid concerns about slowing economic growth and tight monetary policy.

Analysis: SCRUM Team

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