Instrument: DE30
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 14369.2 with take profit at 14388.7
Bearish Preference:
Sell position is envisaged if price trades below 14295.6 with take profit at 14281.6
Fundamentals:
No high impact fundamental
Comment:
European stock markets are expected to open higher Friday, helped by U.K. consumer confidence edging higher in the wake of the country’s Autumn Statement, but gains are likely to be tentative as the regional economic outlook remains bleak.
Analysis: SCRUM Team