On Monday investors did not have a lot of excitements. There was a low volatility everywhere. EURUSD slightly rebounded and back above 1.1250, even at OIL there wasn’t a bigger movement and trading was finished at 43.00. At indices there is scenario in progress from my weekly analysis. Both S&P500 and DAX lost at value but at american indices this decline was petty.
It is likely that until Wednesday trading will be identical like on Monday, however for DAX price may test nearest support at 10100 pts before Wednesday (FED meeting). At DAX future, on Monday supply tested 10275 pts area and it has finished by rebound. Right now we should see movement between 10100 pts – 10500 pts.
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