Market Analysis of DAX40 on Tuesday 18 JUNE 2024

2024-06-18 18:38Source:BtcDana

DAX40 TECHNICAL ANALYSIS SHORT TERM VIEW    

 DAX 40 running in positive trend and its immediate strong support are 17858 to 18117 level .  Stop loss is 18675 level and it can rise towards 18910 level minimum   .Intraday purpose buying is better for targets 18110,18130 and 18160  levels respectively with stop loss 18675 level. Overall it is going for 19300 level minimum .

QUICK FUNDAMENTAL LOOK                                                                    

European shares advanced on Tuesday after posting steep declines last week, buoyed by gains in banks stocks, with focus now on more data and commentary from central banks' officials to gauge their monetary policy path.

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

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