Market Analysis of DAX40 on Monday 21 May 2024

2024-05-21 17:46Fonte:BtcDana

DAX40 TECHNICAL ANALYSIS SHORT TERM VIEW     

 DAX 40 running in positive trend and its immediate strong support are 18490 to 18643 level .  Stop loss is 18470 level and it can rise above 19210 level or higher levels .Intraday purpose buying is better for targets 18725,18750 and 18800 levels respectively with stop loss 17470 level .

 QUICK FUNDAMENTAL LOOK                                                                     

European stocks inched lower on Tuesday, following losses in Asian equities, as calls from U.S. Federal Reserve officials for policy caution tempered investor enthusiasm about potential interest rate cuts this year.

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

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