Market Analysis of DAX40 on Wednesday 12 JUNE 2024

2024-06-12 21:09Fonte:BtcDana

DAX40 TECHNICAL ANALYSIS SHORT TERM VIEW    

 DAX 40 running in positive trend and its immediate strong support are 18400 to 18512 level .  Stop loss is 18275 level and it can rise towards 18780 level minimum   .Intraday purpose buying is better for targets 18630,18660 and 18700  levels respectively with stop loss 18280 level. Overall it is going for 19300 level minimum .

QUICK FUNDAMENTAL LOOK                                                                    

European shares gained on Wednesday, supported by a drop in euro zone bond yields ahead of the release of crucial U.S. inflation data and the outcome of the Federal Reserve's policy meeting later in the day.

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

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