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Daily Market Analysis 28.10.2022: DE30

Instrument: DE30

Technical Analysis

Bullish Preference:  
Buy position is envisaged if price trades above 13163.1 with take profit at 13184.5
Bearish Preference: 
Sell position is envisaged if price trades below 13059.6 with take profit at 13041.3
Fundamentals:
No major fundamental

Comment: 
European stock markets traded largely lower Thursday ahead of a key policy-setting meeting by the European Central Bank, although strong earnings from oil major Shell helped the U.K. market outperform.

Analysis: SCRUM Team

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