Instrument: DE30
Bullish Preference:
Buy position is envisaged if price trades above 14952.2 with take profit at 14994.0.
Bearish Preference:
Sell position is envisaged if price trades below 14821.5 with take profit at 14774.3.
Fundamentals:
No High Impact
Comment:
The risk-off mood dominating markets will likely continue in the coming week, while four out of seven megacap companies are due to report earnings. U.S. data will give markets another update on the strength of the economy. The ECB is holding its latest policy meeting on Thursday, with the broad consensus being that interest rates remain on hold.
Analysis: SCRUM Team