Market Analysis of DAX40 on Tuesday 4 JUNE 2024

2024-06-04 18:37Source:BtcDana

DAX40 TECHNICAL ANALYSIS SHORT TERM VIEW    

DAX 40 running in negative trend and its immediate strong resistance are 18512 to 18666 level .  Stop loss is 18700 level and it can fall towards 17866 level minimum   .Intraday purpose selling is better for targets 18380,18360 and 18320  levels respectively with stop loss 18700 level.

QUICK FUNDAMENTAL LOOK                                                                    

European shares slipped on Tuesday as weakness in crude prices dragged energy stocks, while investors refrained from placing huge bets before the European Central Bank's interest rate decision later this week.

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

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