Market Analysis of DAX40 on Thursday 30 May 2024

2024-05-30 18:07Source:BtcDana

DAX40 TECHNICAL ANALYSIS SHORT TERM VIEW     

 DAX 40 running in negative trend and its immediate strong resistance are 18495 to 18562 level .  Stop loss is 18620 level and it can fall towards 17865 level minimum or lower levels  .Intraday purpose selling is better for targets 18480,18460 and 18440  levels respectively with stop loss 18620 level. 

 QUICK FUNDAMENTAL LOOK                                                                     

European shares recouped early losses to edge higher on Thursday, supported by healthcare stocks, as investors await more economic data from the euro zone that will provide insights in the European Central Bank's interest rate path.

POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.

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