Skip to content 
Instrument: DE30
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 15473.9 with take profit at 15518.4.
Bearish Preference:
Sell position is envisaged if price trades below 15323.6 with take profit at 15272.2.
Fundamentals:
No major fundamental
Comment: European stock markets traded sharply lower Monday as surging numbers of Omicron-variant Covid-19 cases prompt tighter mobility restrictions, threatening the region’s economic recovery. The World Health Organization said on Saturday that the number of Omicron cases is doubling in 1.5 to 3 days in areas with community transmission. The economic data slate is largely empty Monday, in a holiday-shortened week, with only current account data for the Eurozone as a whole due for release.
Analysis: SCRUM Team
