The German benchmark index loses ground in the short term on Thursday as the Fed prepares for tapering.
D1 chart
เริ่มเทรดทันทีวันนี้ หรือ ลองใช้บัญชีทดลองแบบไร้ความเสี่ยง
เปิดบัญชี ลองบัญชีเดโม่ ดาวน์โหลดแอปมือถือ ดาวน์โหลดแอปมือถือThe DE30 managed to stop today's decline at the 50-day moving average, similar to late July and early August. The area also coincides with the 38.2% Fibonacci retracement of the upward impulse that began with the July low. The bearish hammer candle formed on Wednesday had already suggested more selling pressure.
Source: xStation5
M30 chart
The lower time frame shows that the DE30 had fallen around 270 points (-1.7%) after breaking out of this week's sideways range (purple rectangle). The two rebounds of the above mentioned retracement (see circle) could indicate that the price is stabilizing. The 38.2% retracement and the local high (15,719 points) now determine the short-term trading range.
Source: xStation5
Maximilian Wienke, CFTe
XTB Germany
