Instrument: DE30
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 14070 with take profit at 14084.7
Bearish Preference:
Sell position is envisaged if price trades below 14026.7 with take profit at 14014.5
Fundamentals:
No Major Fundamental
Comment:
Asian shares jumped on Friday after China cut a key lending benchmark to support a slowing economy, but a gauge of global equities remained set for its longest weekly losing streak on record amid investor worries about sluggish growth.
Analysis: SCRUM Team