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Instrument: DE30
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 14627.7 with take profit at 14650.7
Bearish Preference:
Sell position is envisaged if price trades below 14582.6 with take profit at 14551.6.
Fundamentals:
No Major Fundamental
Comment:
European stock markets are expected to open marginally higher Tuesday ahead of the start of another round of peace talks between Ukraine and Russia in Turkey this week. However, despite the stock market gains, there appears little hope of a breakthrough, with Kyiv seeking a ceasefire without compromising on territory or sovereignty while Russia continues to make territorial demands, including Crimea, which Moscow seized and annexed in 2014, and some eastern territories.
Analysis: SCRUM Team
