DE30 is recovering this morning following an overnight decline. However, looking at a low time frame (M5), we can see the index has reached the resistance marked with the 1:1 structure. If sellers manage to halt advance in the area, an attack on daily lows may be on the cards. On the other hand, in case we see a breakout higher, the way towards the 14,000 pts would be left open.
DE30 interval M5. Source: xStation5
Wall Street starts the new week with mixed sentiment in reaction to macroeconomic data and comments from Jerome Powell, which support the Fed’s...
17:15USDIDX is approaching 100-period EMA (dark purple) on M30 interval after the US Senate narrowly passed Donald Trump’s “big, beautiful bill,”...
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