Instrument: DE30
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 13228.2 with take profit at 13266.3
Bearish Preference:
Sell position is envisaged if price trades below 13141.9 with take profit at 13102.2
Fundamentals:
No major fundamental
Comment:
European Stocks Rise Amid Fed Decision Expectations, Earnings Glut European stocks opened higher on Wednesday, as traders await a key Federal Reserve policy decision and digest a fresh batch of corporate earnings. Investors are waiting with bated breath to see the extent the U.S. central bank will go to combat inflation running at 40-year highs as it concludes its two-day policy-setting meeting later in the session.
Analysis: SCRUM Team