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Instrument: DE30
Technical Analysis
Bullish Preference:
A Buy position is envisaged if the price trades above 15415.4 with take profit at 15426.7
Bearish Preference:
A Sell position is envisaged if the price trades below 15358.5 with take profit at 15347.1
Fundamentals:
No major fundamental
Comment:
European index futures point to a higher opening of the cash session on the Old Continent today. USD is one the backfoot providing some support for commodities. Cryptocurrencies are plunging as concerns over the financial condition of Silvergate cryptocurrency bank are mounting.
Analysis: SCRUM Team
