Technical Analysis:
DAX40 is currently heading towards resistance which is nearby 18575, we might see price coming lower again and tap on the bullish OB or main threshold of FVG and the if price gives MSS on 15min or 1H we can look for longs.
Fundamentals:
European shares fell for a third consecutive session on Wednesday, dragged down by Dutch semiconductor firm ASML following a weak forecast, while investors were wary of potentially strict U.S. trade rules.
The pan-European STOXX 600 index SXXP fell 0.5% to a one-week low as of 0830 GMT, with the technology sub-index (.SX8P) falling 2.6%.
ASML ASML shares shed 6.4% after the chipmaking equipment supplier fell short of estimates for third-quarter sales forecast.
Adding to losses was a report saying the United States has told its allies it is considering using the most severe trade restrictions available if companies continue giving China access to advanced semiconductor technology.
Other semiconductor stocks also lost ground. ASM International ASM and BE Semiconductor ESI both fell more than 3% each.
The stocks weighed on Amsterdam's benchmark index (.AEX), which was down 1.1% to its lowest in two weeks.
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