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Daily Market Analysis 25.02.2022: DE30

Instrument: DE30

Technical Analysis

Bullish Preference: 
Buy position is envisaged if price trades above 14388.9 with take profit at 14488.7.
Bearish Preference: 
Sell position is envisaged if price trades below 14144.3 with take profit at 14059.5.
Fundamentals:
No major fundamental

Comment: 
European stock markets are expected to open higher Friday, helped by the sharp reversal on Wall Street overnight, as investors digest the potential long-term impact of the new sanctions imposed by the U.S. and allies on Russia after its invasion of Ukraine.

Analysis: SCRUM Team

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