ANALYSIS
NQ100 Finds Support from PPIApr 14
DAX40 is likely to target 16 190
European Central Bank President Lagarde made a statement today and said: “Economic activity continued to recover strongly in the third quarter: quarterly gross domestic product (GDP) growth stood at 2.2 per cent and GDP is still expected to exceed its pre-pandemic level around the end of the year.” As a result, we observed moderate purchases in German index. Afterwards, the index continued its bullish moves and target 16 190, 16 275 and 16 360 resistance levels. On the other side, 16 000 will be our support level.
