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Daily Market Analysis 26.08.2022: DE30

Instrument: DE30

Technical Analysis

Bullish Preference:  
A Buy position is envisaged if price trades above 13303.3 with take profit at 13318.4
Bearish Preference: 
A Sell position is envisaged if price trades below price 13263.0 with take profit at 13250.0
Fundamentals:
All Day Jackson Hole Symposium

Comment: 
European stock markets traded higher Friday, ahead of Federal Reserve Chair Jerome Powell’s widely-anticipated speech which could offer clues on the U.S. central bank’s monetary tightening plans.

Analysis: SCRUM Team

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