Market comment ..
EUR/USD
Good morning Europe .. Stabilizing opening expected for European markets. The STOXX600 Eur Index finished with profit + 0.16% to 378.32 m. Friday keeping the upward momentum.The attention of investors is moving around the statements focusing on free trade between Japan and the European Union, against the backdrop of bad impressions of coolness that existed during the visit of German Chancellor to Washington. The dollar is still showing a weakness against the euro and now expects the figures for German PPI At the heart of these days will find the French elections, and decisions of Eurogroup today ..
DAX
The German index stabilizing completed its meeting Friday despite a low of 12,017,28 m closing above the pivot point of 12 076 m. Continue to support the EMA with the first support to be located at Coreper on 9 12,012,03 m from where the Index reacted Friday.
The upward target local peak of 12,156,44 m remains so that a breakout above this level opens the way to the cross resistance to 12.245 m ..
The fast stochastic indicator supports the upward movement while maintaining the input signal .. moving but at a high price zone, while the indicator MACD .. has a small positive angle of divergence hiding a new potential buying signal ..
Although pressures are expected the futures of DAX ... shortly before opening markets move to limit drop - 0.14% to 12.058 m .. marginally below the pivot point of 12076 m .. remaining above the Kumo cloud ichimoku the fast oscillator Chikou Span (green line) to give a neutral angle of divergence as the oscillator fast stochastic
DAX futures
CAC 40
FTSE 100
STOXX600 Eur Index
EUR/USD
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