European Shares Rise, Led by Tech and Resources Sectors
European shares opened higher on Wednesday, with gains driven by the tech and basic resources sectors, as investors await a key U.S. inflation report for insights into the Federal Reserve’s upcoming interest rate decision.
The DAX remains in a bullish momentum zone as long as it trades above 18,180, with potential targets at 18,520 and, beyond that, 18,645. The trend is expected to remain bullish ahead of the inflation data, and if the data aligns with expectations, this momentum is likely to strengthen.
However, a break below 18,180 could signal a downturn, with the price potentially falling towards 17,960.
European shares opened higher on Wednesday, with gains driven by the tech and basic resources sectors, as investors await a key U.S. inflation report for insights into the Federal Reserve’s upcoming interest rate decision.
The DAX remains in a bullish momentum zone as long as it trades above 18,180, with potential targets at 18,520 and, beyond that, 18,645. The trend is expected to remain bullish ahead of the inflation data, and if the data aligns with expectations, this momentum is likely to strengthen.
However, a break below 18,180 could signal a downturn, with the price potentially falling towards 17,960.
- Key Levels:
Pivot Point: 18300
Resistance Levels: 18520, 18640, 18780
Support Levels: 18180, 17970, 17740 - Expected Range: 18180 - 18780
- Trend: Bullish as long as the price stays above 18,290 and 18,180.
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
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Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。