Instrument: DE30
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 14344.4 take profit at 14416.9.
Bearish Preference:
Sell position is envisaged if price trades below 14151.7 take profit at 14089.3.
Fundamentals:
7:00pm USD FOMC Economic Projections7:30pm
7:30pm USD FOMC Press Conference
Comment:
An afternoon surge in Chinese equities lifted a broad gauge of Asian shares on Wednesday on rising hopes Beijing will roll out more economic stimulus, while investors continued to watch Ukraine-Russia peace talks and the U.S. Federal Reserve. Ukrainian President Volodymyr Zelenskiy said on Wednesday peace talks were sounding more realistic but more time was needed, as Russian air strikes killed five people in the capital Kyiv and the refugee tally from Moscow’s invasion reached 3 million.
Analysis: SCRUM Team