📈 DE30 recovers above 13,800 pts

10:29 AM 26 January 2021

🔼 European indices recover after yesterday's sell-off

Blue-chips indices from Europe had a rough start to the week. A strong sell-off occurred on Monday and pushed DAX 1.6% lower. However, risk-on moods returned on Tuesday with major indices recovering from losses. German DAX is the best performing European index today. It is trading 1.4% higher and has managed to climb back above 13,800 pts. Other indices from the Western Europe trade 0.5-1% higher.

DE30 trades 1.4% higher today and has managed to break above the resistance zone ranging between 38.2% retracement and 13,800 pts mark. Next resistance to watch can be found above 61.8% retracement (13,930 pts area). Source: xStation5

Share:
Back

Join over 1 600 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits