Market Analysis of DAX40 on Monday 6 JUNE 2024

2024-06-03 18:05Fonte:BtcDana

DAX40 TECHNICAL ANALYSIS SHORT TERM VIEW    

DAX 40 running in positive trend and its immediate strong support are 18495 to 18562 level .  Stop loss is 18385 level and it can rise towards 18855 level minimum or higher levels  .Intraday purpose buying is better for targets 18710,18740 and 18780  levels respectively with stop loss 18385 level.

QUICK FUNDAMENTAL LOOK                                                                    

The DAX was up 0.6% to the 18610 level on Monday, tracking a general positive mood in Europe, as traders welcomed a bigger-than-expected manufacturing PMI for China while bracing for the first ECB rate cut since 2016 this week.


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

Mais