It was perfect session for European bulls. Beginning of the session was set positively by Japanese Nikkei225, which grew +1.22%. During session EURUSD behavior helped, it was decreasing all day with low at level 1.0630. Also American indices helped, they were gaining during European session (but eventually ended near zero).
European stocks gained much. English FTSE100 +1.99% and French CAC40 +2.77%. All German indices also ended higher: DAX +2.41%, SDAX +1.71%, MDAX +2.36%, TECDAX +1.30%. Among DAX companies all of them ended on plus, the most Bayer +3.74%, Deutsche Telecom +3.49%.
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On DAX Future there is strong V pattern which predicts another attack on 11,000 pts resistance. The event of the day will be FOMC minutes but we will know them after European session so it is very probable that today there will be consolidation below 11,000 pts.
