The German index went back and forth during the session on Friday, testing the €12,000 level. That’s an area where I think there is going to be a
The German index went back and forth during the session on Friday, testing the €12,000 level. That’s an area where I think there is going to be a significant amount of support, so the fact that we ended up forming a bit of a hammer does not surprise me. I think given enough time, we will break above the top of the shooting star from Thursday, sending this market much higher. I think the pullbacks are buying opportunities as they represent value in one of the strongest markets that I follow. I have no interest in selling.
Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website’s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence.
