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Daily Market Analysis 24.01.2022: DE30

Instrument: DE30

Technical Analysis

Bullish Preference: 
Buy position is envisaged if price trades above 15345.5 with take profit at 15394.1.
Bearish Preference: 
Sell position is envisaged if price trades below 15255.8 with take profit at 15214.7.
Fundamentals:
No major fundamental

Comment: Germany stocks were lower after the close on Friday, as losses in the Technology, Retail and Transportation & Logistics sectors led shares lower. At the close in Frankfurt, the DAX lost 1.94%, while the MDAX index declined 2.03%, and the TecDAX index lost 2.41%. The best performers of the session on the DAX were Deutsche Boerse AG

Analysis: SCRUM Team

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