16-10-2018 Technical Analysis

16-10-2018 Technical Analysis

European markets opened quite mixed today. EU Trade Commissioner Cecilia Malmstrom said that the bloc must ‘react’ if Washington decides to raise the existing tariffs on car imports from Europe. She added that she is travelling to the United States next month for a new round of trade negotiations. Also ECB still set to turn off QE taps despite cocktail of risks. The European Central Bank will end its bond-buying programme in less than three months, with a low likelihood of an extension despite a cocktail of political and trade concerns.

DAX

DAX KEY LEVELS
  CFD
POC * 11602
Value Area High 11631
Value Area Low 11549
VWAP 11572
R2 11776
S2 11362
Pivot 11569
Camarilla Breakout (Bull) 11729
Camarilla Breakout (Bear) 11501


FTSE

FTSE KEY LEVELS
  CFD
POC * 7014
Value Area High 7027
Value Area Low 6983.5
VWAP 7008
R2 7092
S2 6925
Pivot 7009
Camarilla Breakout (Bull) 7067
Camarilla Breakout (Bear) 6975

DOW

DOW KEY LEVELS
  CFD
POC * 25358
Value Area High 25379
Value Area Low 25231
VWAP 25312
R2 25638
S2 24920
Pivot 25279
Camarilla Breakout (Bull) 25423
Camarilla Breakout (Bear) 25028

EStoxx

EuroStoxx KEY LEVELS
  CFD
POC * 3212
Value Area High 3216
Value Area Low 3196
VWAP 3202
R2 3243
S2 3163
Pivot 3203
Camarilla Breakout (Bull) 3232
Camarilla Breakout (Bear) 3188

 

Dow Futures

DAX KEY LEVELS
  Futures
POC * 11590
Value Area High 11625
Value Area Low 11490
VWAP 11537
R2 11764
S2 11348
Pivot 11556
Camarilla Breakout (Bull) 11714
Camarilla Breakout (Bear) 11486